secwatch.observer — SEC 8-K summary
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Issuer:     Fortinet, Inc. (FTNT)
CIK:        0001262039
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001262039-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262039/000126203926000003/0001262039-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262039/000126203926000003/ftnt-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001262039-26-000003

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