FTNT Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
FTNT Report Total Billings (Q2 2026) BEAT pred ~$2.22B vs. cons $2.141B HIGH
FTNT Report Product Revenue (Q2 2026) BEAT pred ~$670M vs. cons $638M MEDIUM
FTNT Report Non-GAAP Diluted EPS (Q2 2026) BEAT pred ~$0.78 vs. cons $0.747 HIGH
FTNT Guide FY 2026 Billings (FY2026) BETTER guide mid ~$9.20B vs. cons $8.942B MEDIUM
FTNT Guide FY 2026 Non-GAAP EPS (FY2026) BETTER guide mid ~$3.22 vs. cons $3.156 MEDIUM
FTNT Guide Service Revenue Inflection (qualitative) BETTER H2 2026 reaffirmed with higher conviction vs. prior vague language MEDIUM
FTNT Return Day-1 residual (stock − beta × S&P 500) +4.5% MEDIUM
FTNT Return 5-day cumulative residual +7.0% (FOLLOW-THROUGH) FOLLOW-THROUGH — estimate revisions track FY raise; modest follow-through capped by valuation at 52x NTM FCF MEDIUM