Fortinet raises 2026 guidance as Fortinet stock faces stronger growth

Published on 10/29/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fortinet's third-quarter revenue rose 20 percent to USD 2.08 billion. Fortinet stock costs EUR 115.74 on October 29, 2026.

Growth outlook and shareholder returns

Fortinet reported USD 2.08 billion of third-quarter revenue on October 28, 2026.
Fiscal-year 2026 revenue guidance is USD 8.125 billion to USD 8.215 billion.
Fortinet stock was trading at EUR 115.74 at 11:47 a.m. CET at Lang & Schwarz on October 29, 2026.
The company increased its share repurchase authorization by USD 1.2 billion.

Fortinet Inc., US34959E1091, Illustration mit AI erstellt.

Fortinet Inc. (ISIN US34959E1091) reported third-quarter revenue of USD 2.08 billion, up 20 percent from the year-earlier period, and raised its fiscal-year outlook on October 28, 2026. The company's Fortinet release also reported a 29 percent increase in billings to USD 2.34 billion for the quarter ended September 30, 2026.

Revenue growth lifts the outlook

The new fiscal-year revenue guidance is USD 8.125 billion to USD 8.215 billion, compared with the USD 8.02 billion to USD 8.18 billion range cited before the results. Fortinet expects fiscal-year billings of USD 9.568 billion to USD 9.718 billion and non-GAAP operating margin of 36.5 percent to 37.5 percent, according to the company's release.

The quarter produced a GAAP operating margin of 33.9 percent and a non-GAAP operating margin of 38.2 percent. Product revenue rose 37 percent to USD 765.0 million, while service revenue increased to USD 1.313 billion for the September 2026 quarter.

What does the buyback add?

Fortinet increased its share repurchase authorization by USD 1.2 billion, leaving USD 2.0 billion under the program. The company also generated USD 946.0 million in operating cash flow and USD 864.8 million in free cash flow during the third quarter, figures reported in the same release.

Upcoming company dates

Fortinet listed the BMO Technology and Innovation Leaders Conference for November 12, 2026, followed by the UBS Global Technology and AI Conference on December 2, 2026. The dates are included in the company's October 28 release.

Stock price at midday

Fortinet was trading at EUR 115.74 at Lang & Schwarz on October 29, 2026, at 11:47 a.m. CET. A dated Xetra closing reference was not established, so no percentage comparison is stated. The Nasdaq-listed shares had a USD 174.08 reference quote for October 28, 2026 in the structured market data.

The further course of trading is shown by the continuously updated real-time quote of Fortinet stock.