---
schema_version: "secwatch.filing_event.v1"
accession: "0001262039-24-000034"
form_type: "8-K/A"
ticker: "FTNT"
cik: "0001262039"
company_name: "Fortinet, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:37:56.237697+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fortinet corrects non-GAAP EPS guidance for Q3 and FY 2024; raises revenue and margin outlook

## Summary
- Corrected non-GAAP EPS guidance: Q3 $0.50-$0.52, FY 2024 $2.00-$2.04 (17% tax rate, ~772M diluted shares).
- FY 2024 revenue guidance raised to $5.800B-$5.900B; non-GAAP op margin guidance raised to 30.0%-31.5%.
- Q2 2024: revenue $1.43B (+11% YoY); product rev -4.4%; service rev +19.8% to $982M.
- Record Q2 GAAP op margin 30.5%, non-GAAP op margin 35.1% (+820bps YoY).
- Q2 GAAP diluted EPS $0.49, non-GAAP diluted EPS $0.57; cash from ops $342M.

## SEC filing metadata
- accession: 0001262039-24-000034
- form_type: 8-K/A
- ticker: FTNT
- cik: 0001262039
- company_name: Fortinet, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262039/000126203924000034/0001262039-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262039/000126203924000034/ftnt-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262039-24-000034
- JSON: https://secwatch.observer/filing/0001262039-24-000034.json
- Plain text: https://secwatch.observer/filing/0001262039-24-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.