Fortinet raises full-year outlook as strong cybersecurity demand drives Q1 outperformance

Fortinet Inc (NASDAQ:FTNT) reported stronger-than-expected results for the first quarter of 2026, sending its shares more than 21% higher to about $109 on Thursday morning. For Q1, revenue rose 20% year over year to $1.85 billion, compared with analyst expectations of about $1.73 billion.