Fortinet Reports Q4 Earnings, Revenue Above Estimates

Core Insights - Fortinet reported strong quarterly earnings of 81 cents per share, exceeding the consensus estimate of 74 cents [2] - Quarterly revenue reached $1.91 billion, surpassing the Street estimate of $1.86 billion [2] Financial Performance - Product revenue increased by 20% year-over-year to $691 million [4] - Total billings grew by 18% to $2.37 billion [4] - Unified SASE billings experienced significant growth of 40% [4] - Non-GAAP operating margin stood at 37% [4] Future Outlook - For fiscal 2026, Fortinet anticipates adjusted EPS in the range of $2.94 to $3, aligning with the $2.94 estimate [3] - Revenue expectations for fiscal 2026 are set between $7.5 billion and $7.7 billion, compared to the $7.51 billion estimate [3] Market Reaction - Following the earnings report, Fortinet's stock rose by 2.69% to $81.62 in extended trading [4]