FORTINET INC (FTNT) Earnings History & Surprises

NASDAQ:FTNTUS34959E1091

Current stock price

81.4 USD
-1.72 (-2.07%)
At close:
81.9609 USD
+0.56 (+0.69%)
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FTNT Earnings overview

Past quarterly earnings results for FORTINET INC (FTNT), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$0.63
Revenue Estimate
1.766B

Last Reported

Most Recent
Release Date
Feb 5, 2026
Period
Q4 / 2025
EPS Reported
$0.81
EPS Surprise
7.16%
Revenue Surprise
0.42%

Beat Rate

Last 8 Quarters
69%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 0.81 0.76 7.16% 9.46% 1.905B 1.897B 0.42% 14.75%
Q3 2025 0.74 0.64 14.84% 17.46% 1.725B 1.738B -0.75% 14.38%
Q2 2025 0.64 0.60 6.18% 12.28% 1.63B 1.657B -1.63% 13.64%
Q1 2025 0.58 0.54 6.61% 34.88% 1.54B 1.571B -1.99% 13.77%
Q4 2024 0.74 0.62 19.58% 45.10% 1.66B 1.626B 2.10% 17.31%
Q3 2024 0.63 0.53 19.74% 53.66% 1.508B 1.51B -0.13% 13.00%
Q2 2024 0.57 0.42 36.59% 50.00% 1.434B 1.431B 0.23% 10.95%
Q1 2024 0.43 0.39 9.53% 26.47% 1.353B 1.365B -0.86% 7.21%
Q4 2023 0.51 0.44 15.62% 15.91% 1.415B 1.437B -1.52% 10.30%
Q3 2023 0.41 0.37 10.53% 24.24% 1.335B 1.375B -2.94% 16.10%
Q2 2023 0.38 0.35 8.82% 58.33% 1.293B 1.33B -2.80% 25.50%
Q1 2023 0.34 0.29 16.29% 80.85% 1.262B 1.225B 3.04% 32.21%
Q4 2022 0.44 0.40 10.18% 78.86% 1.283B 1.32B -2.80% 33.15%
Q3 2022 0.33 0.28 18.43% 66.67% 1.15B 1.146B 0.31% 32.55%
Q2 2022 0.24 0.22 8.28% 26.32% 1.03B 1.046B -1.52% 28.59%
Q1 2022 0.19 0.16 15.96% 16.05% 954.8M 902.45M 5.80% 34.42%
Q4 2021 0.25 0.23 5.09% 16.04% 963.6M 979.67M -1.64% 28.82%
Q3 2021 0.20 0.19 3.46% 12.50% 867.2M 827.73M 4.77% 33.19%
Q2 2021 0.19 0.18 6.15% 15.85% 801.1M 759.18M 5.52% 30.15%
Q1 2021 0.16 0.15 7.23% 35.00% 710.3M 694.95M 2.21% 23.12%
Q4 2020 0.21 0.20 7.62% - 748M 736.81M 1.52% -
Q3 2020 0.18 0.16 10.91% - 651.1M 651.91M -0.12% -
Q2 2020 0.16 0.13 23.12% - 615.5M 611.02M 0.73% -
Q1 2020 0.12 0.10 15.60% - 576.9M 567.95M 1.58% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

FTNT EPS Q2Q GrowthFTNT EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 20 40 60 80

Revenue Historical Q2Q growth and Acceleration

FTNT Revenue Q2Q GrowthFTNT Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 10 20 30

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
8.70%
Max EPS beat (4)
14.84%
Min EPS beat (4)
6.18%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-0.99%
Max Revenue beat (4)
0.42%
Min Revenue beat (4)
-1.99%

Analysis

In the last 4 quarters, FTNT has consistently beaten EPS estimates in all releases
FTNT has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, FTNT has beaten the EPS estimates by 8.7% on average.
In the last 4 quarters, FTNT reported -1.0% below the revenue estimates on average.

FORTINET INC / FTNT Earnings FAQ

When did FORTINET INC (FTNT) report earnings last quarter?

FORTINET INC (FTNT) last reported earnings on 2/5/2026.

Did FORTINET INC (FTNT) beat earnings estimates last quarter?

FORTINET INC (FTNT) beat EPS estimates and beat revenue estimates in the most recent quarter.

How often does FORTINET INC (FTNT) beat earnings estimates?

In the last 4 quarters, FORTINET INC (FTNT) has beaten EPS estimates in 4 out of 4 releases.