When did Fortinet report Q2 2025 earnings?

Fortinet (FTNT) reported Q2 2025 earnings on August 6, 2025 after market close.

What were Fortinet's Q2 2025 revenue and EPS?

Fortinet reported revenue of $1.6B and diluted EPS of $0.64 for Q2 2025.

Did Fortinet beat estimates in Q2 2025?

Revenue beat the consensus estimate of $1.6B by $4.9M. EPS beat the consensus estimate of $0.59 by $0.05.

How did Fortinet's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 13.6% from $1.4B a year earlier and diluted EPS grew 12.3% from $0.57.

Where can I find Fortinet's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001262039-25-000028) directly on SEC EDGAR. The filing index links above go to sec.gov.

Fortinet FTNT Q2 2025 earnings

Reported August 6, 2025 · After market close

Revenue$1.6BBeat by $4.9M Diluted EPS$0.64Beat by $0.05

Revenue estimate$1.6B

EPS estimate$0.59

Next report

Aug 5, 2026 (in a month)

Revenue estimate$1.9B

EPS estimate$0.74

Financials

Q2 2025

Income statement

See full

Revenue$1.6B+13.6%

Gross profit$1.3B+13.4%

Operating income$458.0M+4.8%

Net income$440.1M+15.9%

EPS (diluted)$0.57+16.3%

Balance sheet

See full

Cash & equivalents$3.4B+52.9%

Total debt$1.1B+1.2%

Total equity$2.1B+615%

Total assets$10.6B+32.1%

Cash flow

See full

Operating cash flow$451.9M+32.1%

CapEx$167.8M+626%

Free cash flow$284.1M-10.9%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$79.92B+73.9%

Enterprise value$77.64B+73.2%

P/E41.2×+6.2×

P/S12.6×+4.3×

Profitability

See full

Gross margin81.3%+3.2pp

Operating margin30.9%+4.7pp

Net margin30.6%+6.9pp

FCF margin32.1%+3.7pp

Returns & leverage

See full

Return on equity165.2%-266pp

Debt / equity0.5×-3.2×

Current ratio1.3×0.0×

Segments

By product

See full

Security subscription$644.4M+15.3%

Technical support and other$476.7M+12.5%

By segment

See full

Reportable Segment$1.6B+13.6%

By geography

See full

Other Americas$185.8M+16.4%

Versus estimates

Revenue

Q1 2026$1.8BBeat by $116.4M Q4 2025$1.9BBeat by $45.3M Q3 2025$1.7BBeat by $20.6M

Q2 2025$1.6BBeat by $4.9M

Q1 2025$1.5BBeat by $1.2M Q4 2024$1.7BBeat by $67.5M

Diluted EPS

Q1 2026$0.82Beat by $0.20 Q4 2025$0.81Beat by $0.07 Q3 2025$0.74Beat by $0.11

Q2 2025$0.64Beat by $0.05

Q1 2025$0.58Beat by $0.05 Q4 2024$0.74Beat by $0.14

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Questions, answered.

When did Fortinet report Q2 2025 earnings?: Fortinet (FTNT) reported Q2 2025 earnings on August 6, 2025 after market close.
What were Fortinet's Q2 2025 revenue and EPS?: Fortinet reported revenue of $1.6B and diluted EPS of $0.64 for Q2 2025.
Did Fortinet beat estimates in Q2 2025?: Revenue beat the consensus estimate of $1.6B by $4.9M. EPS beat the consensus estimate of $0.59 by $0.05.
How did Fortinet's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 13.6% from $1.4B a year earlier and diluted EPS grew 12.3% from $0.57.
Where can I find Fortinet's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001262039-25-000028) directly on SEC EDGAR. The filing index links above go to sec.gov.