Fortinet's stock skyrocketed by more than 23% after the company reported Q1 billings of $2.09 billion, surpassing analyst expectations of $1.82 billion. This strong financial performance, highlighted by a year-over-year revenue growth of 20.1% and a non-GAAP operating margin of 35.8%, has positioned Fortinet as a top gainer in pre-market trading. The surge reaffirms investor confidence in the cybersecurity firm, which has recovered from a 38.3% stock drop during the 2023 inflation shock.
“Fortinet (FTNT) · surged · more than +15% · in pre-market trading”
“Fortinet · was a top gainer · premarket trading · +13.90%”
“Fortinet (FTNT) · is · up · more than +23%”
“Fortinet (FTNT) reported Q1 billings of · $2.09 billion · well above the consensus of $1.82 billion”
“Fortinet (FTNT) · is up · more than +23% · after reporting Q1 billings of $2.09 billion”
“Fortinet (FTNT) · is up · 23% · +23%”
“Fortinet · is up · to lead cybersecurity stocks higher · more than +23%”
“Fortinet stock · surged to · $104 · in extended trading”
“Fortinet · reported revenue of · $1.85 billion · in Q1 2026”
“Fortinet · achieved year-over-year growth of · 20.1% · in revenue”
“Fortinet · reported a non-GAAP operating margin of · 35.8%”
“Fortinet · generated free cash flow of · $1.01 billion · in a single quarter”