Fortinet says Q2 2026 results gain on strong FortiGate demand, higher ASPs driving 52% product revenue growth
FTNT•Raised guidance for Q3 and full year
Fortinet raised guidance; Q3 billings are seen at $2.25 billion-$2.35 billion, full-year billings at $9.35 billion-$9.55 billion, and full-year revenue at $8.02 billion-$8.18 billion.
SASE, secure networking and OT momentum
Unified SASE momentum accelerated; billings rose 35%, FortiSASE billings grew over 100%, and installed-base adoption reached 19% of large enterprises.
Secure Networking billings grew 34%; OT billings increased over 55%, supported by deployments across industrial environments, LAN edge, and AI data centers.
Q2 2026 results and product revenue growth
Fortinet flagged strong Q2 2026 results, citing broad-based demand and execution; billings rose 33% to $2.37 billion, revenue rose 26% to $2.05 billion.
Product revenue jumped 52% to $773 million, driven by FortiGate unit growth, higher average selling prices, and upgrades tied to securing AI workloads.
