FTNT Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
FTNT Report Revenue BEAT pred ~$1.91B vs. cons $1.88B MEDIUM
FTNT Report Billings BEAT pred ~$2.17B vs. cons $2.13B MEDIUM
FTNT Report Non-GAAP EPS BEAT pred ~$0.78 vs. cons $0.75 MEDIUM
FTNT Guide FY26 revenue guidance BETTER guide ~$7.90B vs. cons $7.84B (FY26) MEDIUM
FTNT Guide FY26 billings guidance BETTER guide ~$9.15B vs. cons $9.00B (FY26) MEDIUM
FTNT Guide FY26 non-GAAP EPS guidance BETTER guide ~$3.20 vs. cons $3.16 (FY26) MEDIUM
FTNT Guide Q3 non-GAAP operating-margin commentary LOWER guide ~33.5% vs. cons 34.0% (Q3 2026) LOW
FTNT Return Day-1 residual (stock − beta × S&P 500) +4.5% MEDIUM
FTNT Return 5-day cumulative residual +6.5% (FOLLOW-THROUGH) A ~4.5% day-1 residual versus a 0.0% neutral baseline should extend toward ~6.5% over five days versus 0.0% if the billings and FY26 guide-up lift out-period revenue and EPS estimates. The principal offset is a modestly lower ~33.5% Q3 operating-margin outlook versus ~34.0% consensus, reflecting hardware mix, memory costs, and infrastructure investment rather than demand weakness. MEDIUM