Fortinet Inc

Quantli Newsdesk

· 3 months ago

Fortinet exceeded Q1 expectations with 31% billings growth and 41% product revenue expansion, prompting the company to raise its full-year revenue forecast to $7.7–$7.9 billion. The cybersecurity firm attributed strong demand to heightened ransomware threats, nation-state activity, and the ongoing convergence of security and networking.

Quantli Newsdesk

· 3 months ago

Fortinet issued an emergency patch for CVE-2026-35616, a critical vulnerability in FortiClient EMS that allows unauthenticated attackers to execute code remotely. The flaw has been exploited in the wild since at least March 31, though activity appears limited so far. CISA added the vulnerability to its KEV catalog and set a Thursday deadline for federal agencies to patch.

10-K

Quantli Newsdesk

· 4 months ago

Fortinet delivered $6.8 billion in total revenue for fiscal 2025, up 14% year-over-year, with operating margin expanding to 30.7%. The company generated $2.6 billion in operating cash flow and returned $2.3 billion to shareholders through share repurchases, while navigating component shortages and implementing price increases.