earnings
confidence high
sentiment positive
materiality 0.80
Fortinet Q2 revenue $1.63B (+14% YoY); raises full-year billings guidance
Fortinet, Inc.
2025-Q2 EPS reported
$1.13
revenue$3,169,700,000
- Revenue $1.63B (+14% YoY); billings $1.78B (+15% YoY); GAAP op margin 28%, non-GAAP 33%.
- Unified SASE ARR +22%, Security Operations ARR +35% YoY.
- Raised FY2025 billings guidance midpoint by $100M to $7.325-7.475B.
- Q3 guidance: revenue $1.67-1.73B, non-GAAP EPS $0.62-0.64.
- Non-GAAP gross margin guided 80-81% for Q3, 79-81% for FY2025.