Fortinet reports strong Q4 2025: revenue $1.91B (+15%), billings $2.37B (+18%), guides FY2026 revenue $7.5-$7.7B

Fortinet, Inc.

2025-FY EPS reported $2.42 revenue$6,799,600,000

Q4 revenue $1.91B (+15% YoY); product revenue $691M (+20%); billings $2.37B (+18%)
FY2025 revenue $6.80B (+14%); product revenue $2.22B (+16%); billings $7.55B (+16%); free cash flow $2.21B
Non-GAAP operating margin: Q4 37%, FY2025 35%; GAAP operating margin: Q4 33%, FY2025 31%
Board authorized $1.0B increase in share repurchase program; aggregate authorized up to $10.25B through Feb 2027
Q1 2026 guidance: revenue $1.70-1.76B; non-GAAP EPS $0.59-0.63. FY2026 guidance: revenue $7.5-7.7B; non-GAAP EPS $2.94-3.00

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.