FTNT·Fortinet, Inc.

Fortinet, Inc. (FTNT) is a global cybersecurity solutions provider that converges networking and security technologies, offering firewalls, wireless solutions, AI‑driven security operations, and cloud‑based services to enterprises, governments, and SMBs. Operating within the Software – Infrastructure industry, Fortinet has consistently delivered robust earnings growth. In Q4 2025, the company posted EPS of $0.81 versus an estimate of $0.756, a 7% beat, and revenue of $1.905 billion versus an estimate of $1.896 billion, a 0.5% beat; the preceding quarter, Q3 2025, saw EPS of $0.74 against an estimate of $0.633 and revenue of $1.724 billion versus an estimate of $1.716 billion, a 0.5% beat. The trend continued into Q1 2026 with EPS of $0.82 versus an estimate of $0.695 and revenue of $1.849 billion versus an estimate of $1.822 billion, and into Q2 2026 where EPS reached $0.90 against an estimate of $0.747 and revenue of $2.048 billion versus an estimate of $1.927 billion, a 6% beat. Historically, Fortinet has maintained a steady YoY revenue growth trajectory, with EPS consistently beating analyst estimates in each of the last eight quarters, reflecting strong operating performance and margin expansion. Recent news from October 13 reports that Fortinet’s earnings beat analysts’ expectations, driving the stock to a 52‑week high and highlighting its AI‑enabled security solutions showcased at GovWare 2026; the event reinforced investor confidence and led to upward estimate revisions.