Free · no account · quoted from the filing

What changed in FTNT's 10-Q

Source: 10-Q filed 2026-05-08 · compared against 10-Q 2025-11-07. Every passage below is quoted verbatim from the filing itself.

Revenue and Backlog

This filing

Total revenue $ 1,849.6 $ 1,539.7

Risk Factors

This filing

We have been, are currently and may in the future be susceptible to supply chain constraints

Patents and AI

This filing

we held 1,093 U.S. patents and a total of 1,430 global patents.

New Accounting Standards

This filing

In January 2026, the OECD released additional guidance related to the global minimum tax framework

Share Repurchases

This filing

repurchased 1.9 million shares of our common stock at an average price of $ 77.95 per share

Customer Concentration

This filing

Distributor A 28 % 28 %

Segment Presentation

This filing

Adjusted sales and marketing expenses (1) 514.8 439.7

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.