secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fortinet, Inc. (FTNT)
CIK:        0001262039
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001262039-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortinet beats Q1 guidance, raises FY2026 revenue outlook to ~15% growth
------------------------------------------------------------------------

- Q1 revenue $1.85B (+20% YoY), GAAP EPS $0.72 (+29%), non-GAAP EPS $0.82 (+41%).
- Product revenue surged 41% YoY to $645M; billings up 31% to $2.09B.
- Record operating cash flow of $1.08B and free cash flow $1.01B.
- FY2026 revenue guidance raised to $7.71-7.87B (15% YoY growth); Q2 revenue guided $1.83-1.93B.
- Q2 non-GAAP EPS guided $0.72-0.76; FY2026 non-GAAP EPS guided $3.10-3.16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262039/000126203926000010/0001262039-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262039/000126203926000010/ftnt-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001262039-26-000010

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