Fortinet has announced an optimistic financial outlook following a robust first quarter in 2025. The cybersecurity company reported a revenue of $1.66 billion for this period, reflecting a 17% year-over-year increase. Notably, Fortinet's non-GAAP operating margin improved to 39.2%, surpassing the previous record set in Q3 2024, as reported by Nasdaq.
Looking ahead for the full year 2025, Fortinet has set its revenue projections between $6.65 billion and $6.85 billion. The company expects non-GAAP operating margins ranging from 31% to 33%. These figures reinforce Fortinet's confidence in its market performance and strategic direction aimed at strengthening its foothold in Secure Access Service Edge (SASE) and Security Operations sectors.
Fortinet's strategic investments are aligned with its long-term vision to dominate the security technology space. The company's emphasis on Unified SASE and Secure Networking continues to enhance its competitive position. Additionally, Fortinet was recognized as the only cybersecurity company among the top 50 on Forbes' Most Trusted Companies in America 2025 list, ranking at number 7. This accolade underscores the trust and reputation Fortinet holds in the industry. Meanwhile, Fortinet Inc's stock is currently priced at $106.7, with a minimal change from the previous close.