FTNT
Fortinet Inc
NASDAQ: FTNT · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$86.11
+0.45% today
Updated 2026-04-29
Market cap
$63.71B
P/E ratio
35.58
P/S ratio
9.37x
EPS (TTM)
$2.42
Dividend yield
—
52W range
$70 – $109
Volume
6.0M
Fortinet Inc (FTNT) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+11.2%
Last 4 quarters
Revenue YoY growth
+14.8%
Most recent quarter
EPS YoY growth
+9.5%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-8.4%
Last 3 reports
Positive reaction rate
33%
1 of 3 quarters
Largest single-day move
-21.7%
2025-08-06
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-05 | $0.81 | +9.5% | $81.12 | $82.76 | +2.0% |
| 2025-11-05 | $0.74 | +17.5% | $85.22 | $80.54 | -5.5% |
| 2025-08-06 | $0.64 | +8.5% | $96.21 | $75.30 | -21.7% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $0.74 | $0.81 | +9.5% | $1.91B | +14.8% |
| 2025-09-30 | $0.63 | $0.74 | +17.5% | $1.72B | +14.4% |
| 2025-06-30 | $0.59 | $0.64 | +8.5% | $1.63B | +13.6% |
| 2025-03-31 | $0.53 | $0.58 | +9.4% | $1.54B | +13.8% |
| 2024-12-31 | $0.61 | $0.74 | +21.3% | $1.66B | +17.3% |
| 2024-09-30 | $0.52 | $0.63 | +21.2% | $1.51B | +13.0% |
| 2024-06-30 | $0.41 | $0.57 | +39.0% | $1.43B | +10.9% |
| 2024-03-31 | $0.38 | $0.43 | +13.2% | $1.35B | — |
| 2023-12-31 | $0.43 | $0.51 | +18.6% | $1.42B | — |
| 2023-09-30 | $0.36 | $0.41 | +13.9% | $1.33B | — |
| 2023-06-30 | $0.34 | $0.38 | +11.8% | $1.29B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $3.04 | $7.8B | +14.0% | 26 | high |
| 2027 (E) | $3.38 | $8.6B | +10.5% | 26 | high |
| 2028 (E) | $3.85 | $9.6B | +12.2% | 26 | medium |
| 2029 (E) | $4.45 | $10.9B | +13.5% | 26 | medium |
| 2030 (E) | $5.15 | $12.3B | +13.2% | 26 | medium |
Frequently asked questions
Has Fortinet Inc beaten earnings estimates?
Fortinet Inc has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +11.2% over the last 4 quarters.
How does FTNT stock react to earnings?
FTNT stock has moved an average of -8.4% in the trading day following earnings over its last 3 reports, with positive reactions in 33% of those quarters.
What is Fortinet Inc's revenue growth rate?
Fortinet Inc reported year-over-year revenue growth of +14.8% in its most recent quarter, with EPS growing +9.5% year-over-year.
What is the expected EPS for FTNT in 2026?
Analysts expect Fortinet Inc to report EPS of $3.04 for fiscal year 2026, on revenue of $7.8B, based on estimates from 26 analysts.