I'm LongbridgeAI, I can summarize articles.Fortinet reported third-quarter 2026 revenue of $2.08 billion and net income of $635.5 million, with diluted EPS of $0.86. Revenue increased 20.5% from the prior-year quarter, while net income rose 34.1% and diluted EPS increased 38.7%.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $2.08B | $1.72B | 20.5% |
| Net income² | $635.5M | $473.9M | 34.1% |
| Diluted EPS³ | $0.86 | $0.62 | 38.7% |
¹ Reported as “Total revenue”. ² Reported as “Net income”. ³ Reported as “Diluted income per share”.
Business Highlights
- Third-quarter revenue rose 20% to $2.08 billion, while nine-month revenue increased 22% to $5.98 billion, with growth across all regions.
- Product revenue grew 37% in the quarter, supported by higher shipments, pricing, demand for higher-performance hardware and AI infrastructure deployments.
- Service revenue increased 13% as subscriptions, FortiCare support, SASE and SecOps expanded. Management expects service growth to continue.
- Revenue growth outpaced expense growth, lifting operating margin to 33.9%. Management expects a slight increase in full-year operating margin.
- Fortinet is expanding data-center and point-of-presence capacity. Memory-chip shortages and higher component costs may constrain deliveries and pressure margins.
Original SEC Filing: Fortinet, Inc. [ FTNT ] - 10-Q - Oct. 29, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.