Fortinet Reports Q3 2026 Results, Raises Billings Guidance
Fortinet reported Q3 2026 revenue of $2.08 billion and non-GAAP EPS of $0.91, increased its share repurchase authorization by $1.2 billion to $2 billion remaining, and raised 2026 billings guidance for the third time this year.
Fortinet reported third-quarter 2026 revenue of $2.08 billion, exceeding analyst estimates of $2.06 billion, with non-GAAP earnings per share of $0.91. The company also announced an increase to its share repurchase authorization by $1.2 billion, bringing the remaining authorization to $2 billion. Driven by strong demand across its portfolio, Fortinet raised its 2026 billings guidance for the third time this year. CEO Ken Xie attributed the performance to the company's leadership in the AI era and the integration of its FortiOS operating system and proprietary FortiASIC technology.