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Fortinet: Second Quarter 2025 Financial Results

07 Aug 2025

Description

This press release from Fortinet (Nasdaq: FTNT) summarizes their financial performance for the second quarter of 2025, highlighting a 14% year-over-year revenue growth to $1.63 billion and a 15% increase in billings to $1.78 billion. The document emphasizes Fortinet's leadership in network security, evidenced by its recognition in multiple Gartner Magic Quadrant reports and its innovative AI-driven security approach. It also provides forward-looking financial guidance for both the third quarter and full fiscal year 2025, including expected ranges for revenue, billings, and non-GAAP operating margins. Furthermore, the release outlines key market leadership achievements, such as expansion of FortiCloud services and a growing patent portfolio, while offering reconciliations of non-GAAP financial measures to GAAP.

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