Fortinet, Inc. · FTNT · Next earnings

Fortinet, Inc. reports Wednesday, Nov 4, 2026

FTNT reports after market close with consensus EPS at $0.86 and revenue at $2.06B. Last quarter: Fortinet Q1 FY2026: Revenue Beats 20% as AI and SASE Demand Accelerate

Reports After market close45 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $0.86 Calendar consensus
Consensus revenue $2.06B Calendar consensus
Report date Nov 4, 2026 Wednesday, date estimated
Session After market close 45 days away

Where FTNT left off: FY2026 Q1

Full report

Fortinet Q1 FY2026: Revenue Beats 20% as AI and SASE Demand Accelerate

EPS surprise +32.5% Reported $0.82 vs $0.62
Revenue surprise +6.7% Reported $1.85B vs $1.73B
Stock move +20.0% Event window
Subsequent drift +34.0% Up to 20 sessions

Full-year FY2026 guidance was raised across all top-line metrics, a shift from the prior quarter's maintained posture. The prior quarter guided to 13% billing growth and 12% revenue growth; the raise reflects management confidence in sustained AI, OT, and sovereign SASE tailwinds.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Pricing pressure from memory and component cost fluctuations
  • Supply-chain volatility could affect inventory and manufacturing lead times
  • Economic and regulatory pressures including data-sovereignty requirements
  • Risk of pull-forward buying patterns creating a future demand dip

Questions analysts left open

  • Sustainability of 32% secure networking billings growth
  • Impact of memory and component pricing on margins and forward guidance
  • Timing and size of the AI data-center pipeline
  • Speed of services revenue acceleration relative to hardware growth

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Recent FTNT quarters

All FTNT earnings
+20.0%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.