Skip to main content
Equibles
FTNT logo

FTNT · Fortinet, Inc.

Track FTNT — free

Use FTNT with AI

Ask our own analyst here, or connect this data to the AI you already use.

Ask ALVIS about FTNT

Free, nothing to set up — ALVIS runs on the same tools and cites every figure.

or use your own AI

The free Equibles MCP server lets any client query SEC filings, earnings calls, KPIs, holdings and prices directly — read-only, OAuth-secured, cited to the filing.

ChatGPT Claude Gemini
Server URL
https://mcp.equibles.com/mcp
All connection guides →
$150.79 -2.06 (-1.35%) At close · Aug 20
Market Cap
$112.15B
Shares
733.71M

Price & Indicators

Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$150.79 Open$152.00 Day$150.16–154.44 52W close$75.23–168.29 Avg vol 30d5.1M Short int14.4M · 2.0% float · 2.5d Short vol55% Last earningsJul 29, 2026 DataJun 2022–Aug 2026 Filing10-Q · Jul 30

Raw chart and full-history price indicators begin at the captured split on Jun 23, 2022; bars on opposite sides are not compared.

Up next

Next earnings call
Oct 28, 2026 Est · unconfirmed · in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
Latest filing: 10-Q
filed Jul 30, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Neutral Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg +42%
      above
      Price vs 50-day avg −3%
      below
      RSI (14) 42
      neutral
      MACD trend Negative
      52-week position 81%
      mid-range
      Momentum
      relative strength
      Very Strong
      1-month return 0%
      trailing
      6-month return +91%
      trailing
      YTD return +90%
      this year
      Relative strength +80%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $156 › 200d $106 — 50d above 200d
      Institutional flow Accumulating
      +18% holders QoQ · +359 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.96% of float · ▼ -0.7% MoM · 2.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,570 holders — near 3-yr high, broad support
      Squeeze score 52
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +14%
      Y/Y
      Gross margin 80%
      contracting
      EPS growth +7%
      Y/Y
      Valuation P/E 54
      in line
      Buyback $765.8M
      remaining
      Balance sheet $1.5B
      net cash
      Quant / Vol
      risk profile
      Moderate
      Volatility 40%
      annualized · 1-yr
      Max drawdown −14%
      past year
      ATR 4.2%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 7 of last 8
      Latest guidance · from the 8-K filed Jul 29, 2026
      third quarter of 2026
      Revenue Initiated $2.01B – $2.1B
      prior qtr $2.05B midpoint +0.3% QoQ
      Non-GAAP operating margin Non-GAAP Initiated 35% – 37%
      Billings Initiated $2.25B – $2.35B
      Non-GAAP gross margin Non-GAAP Initiated 79% – 81%
      Diluted non-GAAP net income per share Non-GAAP Initiated $0.83 – $0.87
      fiscal year 2026
      Revenue Initiated $8.02B – $8.18B
      prior FY $6.8B midpoint +19.1% Y/Y
      Service revenue Initiated $5.18B – $5.22B
      Billings Initiated $9.35B – $9.55B
      Non-GAAP operating margin Non-GAAP Initiated 35% – 37%
      Diluted non-GAAP net income per share Non-GAAP Initiated $3.41 – $3.47
      Non-GAAP gross margin Non-GAAP Initiated 79% – 81%
      Prior guidance period ended · from the 8-K filed May 6, 2026
      Revenue · second quarter of 2026 $1.83B – $1.93B
      Billings · second quarter of 2026 $2.09B – $2.19B
      Non-GAAP gross margin · second quarter of 2026 79.5% – 80.5%
      Non-GAAP operating margin · second quarter of 2026 33% – 35%
      Diluted non-GAAP net income per share · second quarter of 2026 $0.72 – $0.76
      Guided vs delivered · last 8 settled
      Revenue fourth quarter of 2025
      guided $1.83B – $1.89B
      $1.91B Beat +2.7%
      Revenue fiscal year 2025
      guided $6.72B – $6.78B
      $6.8B Beat +0.7%
      Revenue third quarter of 2025
      guided $1.67B – $1.73B
      $1.72B In line
      Revenue first quarter
      guided $1.3B – $1.36B
      $1.35B In line

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      1 · 4 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +42% Bullish
      Price vs 50-day avg
      −3% Neutral
      RSI (14)
      42 Neutral
      MACD trend
      Negative Bearish
      52-week position
      81% Neutral
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $156 › 200d $106 — 50d above 200d
      Institutional flow Accumulating
      +18% holders QoQ · +359 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.96% of float · ▼ -0.7% MoM · 2.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,570 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $75 Now $151 · 81% Range high $168
      vs 200-day avg +42% vs 50-day avg -3%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted free cash flow non-GAAP $995.9M Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP Free cash flow 965.6M
      +30.3M Real estate related purchases
      = Adjusted free cash flow 995.9M
      Adjusted free cash flow margin non-GAAP 48.6% Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP Net cash provided by operating activities 1.04B
      -78M Purchases of property and equipment
      = Free cash flow 965.6M
      Free cash flow margin non-GAAP 47.2% Three Months Ended June 30, 2026 —
      Non-GAAP gross margin non-GAAP 80.9% Three Months Ended June 30, 2026 —
      Non-GAAP gross profit non-GAAP $1.66B Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP GAAP gross profit 1.64B
      +8.7M Stock-based compensation
      +5.8M Amortization of acquired intangible assets
      = Non-GAAP gross profit 1.66B
      Non-GAAP net income non-GAAP $665M Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP GAAP net income 606.3M
      +80.8M Stock-based compensation
      +9.9M Amortization of acquired intangible assets
      -1.3M Gain on intellectual property matters
      -30.7M Tax adjustment (a)
      = Non-GAAP net income 665M
      Non-GAAP net income per share, diluted non-GAAP $0.9 Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP GAAP net income per share, diluted $0.82
      +$0.08 Non-GAAP adjustments to net income per share
      = Non-GAAP net income per share, diluted $0.9
      Non-GAAP operating income non-GAAP $778.7M Three Months Ended June 30, 2026 —
      GAAP → non-GAAP reconciliation
      GAAP GAAP operating income 689.3M
      +80.8M Stock-based compensation
      +9.9M Amortization of acquired intangible assets
      -1.3M Gain on intellectual property matters
      = Non-GAAP operating income 778.7M
      Unified SASE & SecOps billings 24% full year 2025 —
      Unified SASE billings 40% the fourth quarter —

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Software - Infrastructure — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      FTNT
      Fortinet, Inc.
      this stock
      		$112.15B +89.9% +14.2% 54.0 2.0%
      MSFT
      Microsoft Corp
      		 $3.60T -0.5% +6.9% 27.0 1.1%
      PLTR
      Palantir Technologies Inc.
      		 $420.99B -2.1% +56.2% 149.7 2.8%
      ORCL
      Oracle Corp
      		 $414.24B -27.1% +17.3% 24.7 1.7%
      PANW
      Palo Alto Networks Inc
      		 $293.20B +89.8% +29.0% 294.9 2.6%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,570
      % held
      70.6%
      Net QoQ
      +26.5M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      887
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      14.4M
      Days to cover
      2.5d
      Change
      -108.1K sh
      View
      Short Volume
      Short vol %
      55%
      As of
      Aug 20, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      145.3K
      Value
      $22.3M
      As of
      Jul 30, 2026
      View
      Off-Exchange
      Off-exchange %
      42.8%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Dan Newhouse
      Amount
      $1.0K–$15.0K
      Traded
      Jul 10, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $6.8B
      Net income (FY)
      $1.9B
      EPS diluted
      $2.42
      View
      Buybacks
      Authorized
      $10.3B
      Remaining
      $765.8M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Jul 30, 2026
      This year
      8
      View
      Proposed Sales
      Value
      $63.2K
      Shares
      387
      Filed
      Aug 4, 2026
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Oct 6, 2026
      Last call
      Jul 29, 2026
      View
      Investor Relations
      Upcoming events
      15
      View

      Performance

      Raw-price comparisons begin at the captured split on Jun 23, 2022; windows that need an earlier baseline remain unavailable.

      5D 20D 120D MTD YTD
      FTNT -8.9% -0.5% +90.8% -6.9% +89.9%
      SPY -2.0% +3.3% +11.2% +2.1% +11.8%
      vs SPY -6.9% -3.8% +79.6% -9.0% +78.1%

      Capital returns

      Buyback program · as of Jun 30, 2026
      Authorized
      $10.25B
      Spent (derived)
      $9.48B
      Remaining
      $765.80M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1262039 CUSIP 34959E109 13F (30d) 1300 filings 1269 filers Visit website Investor relations

      Report a Problem

      Category
      Description
      Email (optional, for follow-up)