Similar companies
Did Fortinet Beat Earnings?
Fortinet (FTNT) reported Q2 '26 revenue of $2.05B, up 25.6% year-over-year, with reported EPS of $0.81. That topped the $0.66 analyst estimate by 22.7% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Fortinet’s job postings, web traffic, and employee business outlook. See the full FTNT stock analysis or the earnings calendar for upcoming reports.
FTNT Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q2 '26 | $0.66 | $0.81 | Beat +22.7% |
| Q1 '26 | $0.62 | $0.82 | Beat +32.3% |
| Q4 '25 | $0.74 | $0.81 | Beat +9.5% |
| Q3 '25 | $0.55 | $0.65 | Beat +18.2% |
| Q2 '25 | $0.59 | $0.64 | Beat +8.5% |
| Q1 '25 | $0.53 | $0.58 | Beat +9.4% |
Fortinet Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.51B | 1.66B | 1.54B | 1.63B | 1.72B | 1.91B | 1.85B | 2.05B |
| Gross margin | 82.5% | 81.1% | 81.0% | 81.5% | 81.5% | 79.6% | 80.3% | 80.2% |
| Operating margin | 31.2% | 34.6% | 29.5% | 28.0% | 31.6% | 32.8% | 31.4% | 33.7% |
| Net income | 540M | 526M | 433M | 440M | 474M | 506M | 535M | 606M |
| Net margin | 35.8% | 31.7% | 28.1% | 27.0% | 27.5% | 26.6% | 28.9% | 29.6% |
| EPS | $0.63 | $0.74 | $0.58 | $0.64 | $0.65 | $0.81 | $0.82 | $0.81 |
Fortinet Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, Fortinet’s quarterly revenue moved from $1.51B to $2.05B. Net margin compressed from 35.8% to 29.6%, against a 80.2% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Fortinet has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.
When Is Fortinet’s Next Earnings Date?
Fortinet reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the FTNT earnings calendar.
Frequently Asked Questions: Fortinet Earnings
Fortinet's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Fortinet reported Q2 '26 EPS of $0.81 on revenue of $2.05B (+25.6% YoY). Fortinet beat estimates, reporting $0.81 vs. the $0.66 estimate.
Fortinet reported Q2 '26 revenue of $2.05B, up 25.6% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the FTNT AI Score.
