Fortinet ( (FTNT) ) has released its Q2 earnings. Here is a breakdown of the information Fortinet presented to its investors.
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Fortinet is a leading global cybersecurity company known for its innovative solutions in the convergence of networking and security, offering a comprehensive range of enterprise-grade products to secure data and devices worldwide. In its second quarter of 2025 financial results, Fortinet reported a 14% year-over-year increase in revenue, reaching $1.63 billion, and a 15% rise in billings to $1.78 billion, demonstrating strong business momentum and strategic growth. Key financial highlights include a GAAP operating margin of 28% and a non-GAAP operating margin of 33%, along with a significant increase in annual recurring revenue for its Unified SASE and Security Operations segments. The company also raised its full-year billings guidance by $100 million, reflecting confidence in its continued growth trajectory. Fortinet’s recognition as a leader in multiple Gartner Magic Quadrant reports underscores its strategic advantage and leadership in the cybersecurity industry. Looking ahead, Fortinet’s management remains optimistic about the company’s growth prospects, with expectations of continued revenue and billings growth in the third quarter and full year 2025.