earnings
confidence high
sentiment positive
materiality 0.85
Fortinet Q3 revenue $1.72B (+14% YoY); record non-GAAP op margin 37%
Fortinet, Inc.
2025-Q3 EPS reported
$1.75
revenue$4,894,600,000
- Revenue $1.72B (+14% YoY); product revenue $559.3M (+18%); billings $1.81B (+14%).
- Record Q3 GAAP operating margin 32% and non-GAAP operating margin 37%.
- FortiSASE billings more than doubled YoY; cited as fastest-growing SASE at scale.
- Q4 guidance: rev $1.825-1.885B, non-GAAP EPS $0.73-0.75; FY: rev $6.72-6.78B, non-GAAP EPS $2.66-2.70.