
Fortinet (FTNT) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Fortinet (FTNT) last issued guidance on October 28, 2026 for fiscal year 2026. The company guided earnings per share in the range of $3.54 - $3.58, compared to a consensus EPS estimate of $3.38. Fortinet also guided revenue in the range of $8.13B - $8.21B for the period.
Compared to prior guidance, Fortinet raised its EPS outlook from a previous range of $3.41 - $3.47. On the revenue side, the company maintained its revenue forecast from a prior range of $8.02B - $8.18B.
Fortinet has issued 32 guidance updates between February 7, 2023 and October 28, 2026. During this period, the company raised its outlook 16 times and lowered it 14 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.84 | $0.73 | $0.60 | $0.71 |
| Actual | $0.91 | $0.90 | $0.82 | $0.81 |
| Surprise | +8.33% | +23.3% | +36.7% | +14.1% |
| Revenue | ||||
| Estimate | $2.06B | $1.88B | $1.73B | $1.86B |
| Actual | $2.08B | $2.05B | $1.85B | $1.91B |
| Surprise | +0.72% | +8.65% | +6.75% | +2.39% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.91 | $0.83 | $0.84 | $0.87 |
| Revenue | ||||
| Consensus | $2.20B | $2.07B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 28, 2026 | $0.91 | $0.84 | 8.33 % |
| Q2 | Jul 29, 2026 | $0.90 | $0.73 | 23.3 % |
| Q1 | May 6, 2026 | $0.82 | $0.60 | 36.7 % |
| Q4 | Feb 5, 2026 | $0.81 | $0.71 | 14.1 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 28, 2026 | $2.08B | $2.06B | 0.72 % |
| Q2 | Jul 29, 2026 | $2.05B | $1.88B | 8.65 % |
| Q1 | May 6, 2026 | $1.85B | $1.73B | 6.75 % |
| Q4 | Feb 5, 2026 | $1.91B | $1.86B | 2.39 % |