Fortinet Reports Q3 2026 Financial Results and Increases Share Repurchase Authorization

Fortinet reported Q3 2026 revenue of $2.08 billion, above analyst estimates of $2.06 billion, and non-GAAP earnings per share of $0.91. Citing strong demand across its portfolio, the company raised its 2026 billings guidance for the third time this year. Fortinet also increased its share repurchase authorization by $1.2 billion, leaving $2 billion in authorization. CEO Ken Xie credited the results to Fortinet’s position in the AI era and the integration of its FortiOS operating system and proprietary FortiASIC technology.