Fortinet Reports Q3 2026 Revenue Growth of 20% and Raises Full-Year Outlook
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Fortinet Reports Q3 2026 Revenue Growth of 20% and Raises Full-Year Outlook 1 min read FTNT Fortinet reported third-quarter 2026 revenue of $2.08 billion, up 20% year over year, and diluted non-GAAP earnings per share of $0.91. GAAP net income was $635.5 million. The company raised its 2026 revenue guidance to a range of $8.125 billion to $8.215 billion. Financial Highlights Revenue: $2.078 billion, compared with $1.725 billion in the year-ago quarter. Gross profit and margin: GAAP gross profit was $1.641 billion, with a 79.0% gross margin; non-GAAP gross profit was $1.655 billion, with a 79.6% non-GAAP gross margin. Operating income: GAAP operating income was $704.3 million, with a 33.9% operating margin; non-GAAP operating income was $793.8 million, with a 38.2% non-GAAP operating margin. Net income: GAAP net income was $635.5 million. Diluted non-GAAP EPS: $0.91, compared with $0.74 in the year-ago quarter. Business Highlights Introduced FortiGuard Inline AI Security Service, providing AI-focused inspection and safeguards through a cloud-delivered service for FortiGate customers. Launched FortiLink SASE to help secure and manage distributed locations and devices through a cloud-delivered service and a single console. Announced collaborations with Oracle to secure enterprise AI adoption and was selected by NVIDIA as an OpenShell Reference Architecture Partner for security...
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