What’s Next For Fortinet Stock?

Fortinet (FTNT) reported strong financial results for fiscal year 2025, with revenue up 14% to $6.80 billion and billings climbing 16% to $7.55 billion. The cybersecurity firm demonstrated robust profitability with a 37% non-GAAP operating margin and $2.21 billion in free cash flow, driven by strong demand for its solutions and a growing pipeline of recurring revenue from services. Looking ahead to 2026, Fortinet anticipates continued expansion, fueled by increasing enterprise deals, growth in unified SASE and AI-linked security solutions, and its strong cash position.

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