capital · May 21, 2026
Fortinet Raises 2026 Guidance After Q1 Billings Reach $2.09 Billion
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Fortinet reported Q1 2026 revenue of $1.85 billion up 20 percent year over year and billings of $2.09 billion up 31 percent year over year. The company added more than 6,600 new organizations to its FortiOS platform and introduced 3500G and 400G series products for AI and high-throughput environments. Fortinet raised full-year 2026 billings guidance to $8.8–$9.1 billion and revenue guidance to $7.71–$7.87 billion while noting low single-digit drag from recent pricing changes.
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