secwatch.observer — SEC 8-K summary
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Issuer:     Fortinet, Inc. (FTNT)
CIK:        0001262039
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001262039-25-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262039/000126203925000036/0001262039-25-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262039/000126203925000036/ftnt-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001262039-25-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer