Fortinet Reports 26 Per Cent Revenue Growth In Second Quarter, Raises Full-Year Guidance

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  "detected_at": "2026-07-30T03:40:08+00:00",
  "company": {
    "name": "Fortinet",
    "domain": "fortinet.com"
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  "data": {
    "url": "https://smbtech.au/news/fortinet-reports-26-per-cent-revenue-growth-in-second-quarter-raises-full-year-guidance/",
    "title": "Fortinet Reports 26 Per Cent Revenue Growth In Second Quarter, Raises Full-Year Guidance - SMBtech",
    "excerpt": "Cybersecurity vendor Fortinet has reported revenue of US$2.05 billion for its second quarter ended 30 June 2026, a 26 per cent increase year over year, while billings grew 33 per cent to US$2.37 billion. The company exceeded the high end of its own guidance on both revenue and profitability. Product revenue was a standout, growing 52 per cent year over year to US$773 million. GAAP operating margin came in at 34 per cent, with non-GAAP operating margin at 38 per cent. GAAP earnings per share rose 44 per cent year over year to US$0.82, while non-GAAP earnings per share grew 41 per cent to US$0.90. Operating cash flow was US$1.04 billion and free cash flow reached US$966 million. Off the back of the results, Fortinet raised its full-year 2026 revenue guidance to 19 per cent year-over-year growth. Fortinet Founder, Chairman and Chief Executive Officer Ken Xie attributed the results to customer demand for converged networking and security. “Our results reflect that customers value Fortinet’s ‘SASE Firewall’, with firewall, SD-WAN and SASE functionality integrated together on our single FortiOS operating system and powered by our purpose-built FortiASIC, offering customers flexible deployment in a sovereign form factor, on-prem and in the cloud,” he commented. The quarter saw several product launches and strategic moves. Fortinet announced a collaboration with Intel to develop the...",
    "summary": "Fortinet announced a collaboration with Intel to develop the Fortinet Security Processor 6 (SP6), combining Fortinet's security processor design with Intel's manufacturing capabilities.",
    "planning": true,
    "confidence": 0.9,
    "published_at": "2026-07-30T03:40:08Z",
    "article_sentence": "Fortinet announced a collaboration with Intel to develop the Fortinet Security Processor 6 (SP6), combining Fortinet’s security processor design with Intel’s manufacturing capabilities.",
    "related_company_name": "Intel",
    "related_company_domain": "intel.com"
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