---
schema_version: "secwatch.filing_event.v1"
accession: "0001262039-25-000007"
form_type: "8-K"
ticker: "FTNT"
cik: "0001262039"
company_name: "Fortinet, Inc."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:28:31.235820+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fortinet Q4 revenue up 17% to $1.66B; GAAP EPS $0.68; CFO Jensen to retire, Ohlgart named successor

## Summary
- Q4 revenue $1.66B (+17% YoY); product rev $574M (+18%); service rev $1.09B (+17%).
- Record GAAP operating margin 34.6% (vs 27.2% YoY); Non-GAAP op margin 39.2%.
- FY2024 revenue $5.96B (+12%); GAAP EPS $2.26; Non-GAAP EPS $2.37; free cash flow $1.88B.
- CFO Keith Jensen retiring May 15, 2025; Christiane Ohlgart (current CAO) to succeed as CFO.
- Q1 2025 guidance: rev $1.50-1.56B, Non-GAAP EPS $0.52-0.54; FY2025 rev $6.65-6.85B.

## SEC filing metadata
- accession: 0001262039-25-000007
- form_type: 8-K
- ticker: FTNT
- cik: 0001262039
- company_name: Fortinet, Inc.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262039/000126203925000007/0001262039-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262039/000126203925000007/ftnt-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262039-25-000007
- JSON: https://secwatch.observer/filing/0001262039-25-000007.json
- Plain text: https://secwatch.observer/filing/0001262039-25-000007.txt

## Key facts
- Executive change
  Christiane Ohlgart was appointed as Chief Financial Officer at Fortinet, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective as of and contingent upon the Retirement, the Company intends to appoint Christiane Ohlgart, age 57, to serve as Chief Financial Officer of the Company (including as its Principal Financial Officer).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262039/000126203925000007/0001262039-25-000007-index.htm
- Executive change
  Keith Jensen retired as Chief Financial Officer at Fortinet, Inc..
  - Action: retired
  - Role: Chief Financial Officer
  source text: On February 4, 2025, Keith Jensen, Fortinet’s Chief Financial Officer, age 66, notified the Company that he intends to retire on May 15, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262039/000126203925000007/0001262039-25-000007-index.htm

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