Earnings$FTNT5:25 AM ET

Fortinet beats Q3 estimates but stock drops 25% premarket on outlook

By BORSA NewsroomPublished Oct 29, 2026, 5:25 AM EDTUpdated Oct 29, 2026, 5:26 AM EDT

Fortinet beat Q3 estimates but shares fell 25% premarket. Q3 adjusted EPS 91c vs 86c estimate, revenue $2.08B vs $2.06B. Q4 guidance raised above consensus. Full-year guidance also raised. Stock had gained 132% in 2026.

Sentimentbearish 15

Strongly bearish · 15 of 100

Impact80

high · market-wide

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted as breaking

WHAT WE KNOW

Q3 adjusted EPS: 91 cents vs 86-cent estimate
Q3 revenue: $2.08 billion vs $2.06 billion estimate