Earnings call briefThird-quarter 2026
Fortinet expects fourth-quarter non-GAAP EPS of $0.93 to $0.95
Fortinet also said it expects 2027 service revenue to grow at a higher rate than in 2026.
GetSignal Fortinet FTNT
Fortinet said on its third-quarter call that it expects fourth-quarter non-GAAP operating margin of 35.5% to 37.5% and non-GAAP earnings per share of $0.93 to $0.95, on a share count of 741 million to 745 million. It expects fiscal 2026 non-GAAP earnings per share of $3.54 to $3.58.
Founder, Chairman and CEO Ken Xie said pricing has added about 10% to the top line so far, and that prices have stabilized but not yet improved, while component lead times are getting longer.
Quotes from the call
“Non-GAAP earnings per share of $0.93 to $0.95, which assumes a share count between 741 million and 745 million.”
Key facts from the call
- Expected fourth-quarter non-GAAP EPS
- $0.93 to $0.95
- Expected fiscal 2026 non-GAAP EPS
- $3.54 to $3.58
- Expected 2027 service revenue growth
- Higher rate than 2026
Source: Fortinet's third-quarter 2026 earnings call, October 28, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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