---
schema_version: "secwatch.filing_event.v1"
accession: "0001262039-25-000036"
form_type: "8-K"
ticker: "FTNT"
cik: "0001262039"
company_name: "Fortinet, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:11:53.051751+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Fortinet Q3 revenue $1.72B (+14% YoY); record non-GAAP op margin 37%

## Summary
- 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.

## SEC filing metadata
- accession: 0001262039-25-000036
- form_type: 8-K
- ticker: FTNT
- cik: 0001262039
- company_name: Fortinet, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262039/000126203925000036/0001262039-25-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262039/000126203925000036/ftnt-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262039-25-000036
- JSON: https://secwatch.observer/filing/0001262039-25-000036.json
- Plain text: https://secwatch.observer/filing/0001262039-25-000036.txt

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