{"schema_version":"secwatch.filing_event.v1","accession":"0001262039-24-000017","form_type":"8-K","ticker":"FTNT","cik":"0001262039","company_name":"Fortinet, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.645186+00:00","generated_at":"2026-06-02T23:58:47.783914+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Fortinet Q1 revenue up 7% to $1.35B, product revenue falls 18%, non-GAAP EPS $0.43","bullets":["Total revenue $1.35B (+7% YoY); service revenue $944M (+24%) offset product revenue $409M (-18%).","GAAP net income $299M ($0.39 diluted EPS); non-GAAP net income $334M ($0.43 diluted EPS).","Billings $1.41B (-6.4% YoY); deferred revenue $5.79B (+18.6%).","Q2 guidance: revenue $1.375B-$1.435B, non-GAAP EPS $0.39-$0.41.","FY2024 guidance: revenue $5.745B-$5.845B, non-GAAP EPS $1.73-$1.79."],"urls":{"canonical":"https://secwatch.observer/filing/0001262039-24-000017","json":"https://secwatch.observer/filing/0001262039-24-000017.json","markdown":"https://secwatch.observer/filing/0001262039-24-000017.md","text":"https://secwatch.observer/filing/0001262039-24-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1262039/000126203924000017/0001262039-24-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1262039/000126203924000017/ftnt-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:58:47.783914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33afc08cce55a0e29a49dfb4a24dad5523241ca5","claim":"Fortinet, Inc. reported first quarter ended March 31, 2024 results: revenue Total revenue was $1.35 billion, net income GAAP net income was $299.3 million, EPS GAAP diluted net income per share was $0.39.","evidence_excerpt":"Fortinet Reports First Quarter 2024 Financial Results First Quarter 2024 Highlights • Total revenue of $1.35 billion, up 7% year over year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1262039/000126203924000017/0001262039-24-000017-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"Total revenue was $1.35 billion"},{"label":"Net income","value":"GAAP net income was $299.3 million"},{"label":"EPS","value":"GAAP diluted net income per share was $0.39"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}