Fortinet vs Red Sift

10-Q Financial Filing Analysis for Fortinet (2026-07-30)

Fortinet reported strong financial performance for the second quarter of fiscal 2026, with total revenue rising 26% year-over-year to $2.05 billion and operating income growing 51% to $689.3 million. Revenue expansion was driven by a 52% surge in product revenue to $773.0 million, fueled by higher hardware unit shipments, customer upgrades for AI-related infrastructure, and pricing actions, alongside a 14% increase in service revenue to $1.27 billion. Operating margin expanded by 5.6 percentage points to 33.7%, reflecting strong operating leverage as top-line growth outpaced operating expenses. Net income for the quarter reached $606.3 million ($0.82 per diluted share), up from $440.1 million in Q2 2025. Non-GAAP billings expanded 33% to $2.37 billion, and deferred revenue climbed to $7.68 billion, underscoring solid underlying demand across Secure Networking, Unified SASE, and SecOps platforms.

• Q2 2026 total revenue reached $2,047.9 million (+26% YoY), driven by $773.0 million in Product revenue (+52% YoY) and $1,274.9 million in Service revenue (+14% YoY).
• Operating income rose 51% YoY to $689.3 million with operating margin expanding 560 bps to 33.7%, while net income reached $606.3 million.
• Non-GAAP billings grew 33% YoY to $2,372.1 million, and total deferred revenue reached $7,675.7 million as of June 30, 2026.

Cybersecurity stock Zscaler's charts turn bullish: Jay Woods

In a CNBC Pro segment, technician Jay Woods discusses Zscaler (ZS), a cybersecurity company that has underperformed its sector peers. While CrowdStrike, Fortinet, Okta, and Palo Alto Networks have gained over 100% year-to-date, Zscaler shares fell as much as 65% from 52-week highs and remain down 13% this year. However, Woods observes a bottoming formation on both daily and weekly charts, with a bullish crossover in MACD and a breakout above $195 resistance. He suggests upside targets of $250-$265, representing 25-30% potential upside, with support at $165. The analysis highlights relative rotation within the cybersecurity sector, indicating that laggards like Zscaler may see renewed strength.

• Zscaler (ZS) shares fell as much as 65% from 52-week highs and remain down 13% year-to-date.
• CrowdStrike, Fortinet, Okta, and Palo Alto Networks have each gained over 100% year-to-date.
• Jay Woods identifies a bullish double bottom formation on Zscaler's weekly chart.

Fortinet Expands U.S. Presence with New Company-Owned Innovation Hub in New York City

Fortinet announced the opening of a new company-owned innovation hub in New York City, expanding its U.S. presence. This is part of Fortinet's strategic growth and investment in innovation.

Webinar recap: Building up to BIMI with Mailgun and Red Sift

Missed our BIMI webinar with Mailgun? Here's how SPF, DKIM, and DMARC enforcement lead to BIMI, what certificates cost, and how BIMI Maker helps.

Introducing Red Sift BIMI Maker, a first-of-its-kind mark certificate tool

Red Sift BIMI Maker takes your logo from an image file to a filed BIMI certificate application, streamlined through either a Verified Mark Certificate (VMC) or Common Mark Certificate (CMC).

Red Sift Launches BIMI Maker for Email Logos

Red Sift has launched BIMI Maker, a free AI-powered self-service tool that enables brands to get their logos displayed in email inboxes via BIMI (Brand Indicators for Message Identification). The tool guides users through preparing logos, checking email authentication, and applying for Verified Mark Certificates (VMC) or Common Mark Certificates (CMC). It aims to remove barriers like trademark and design requirements that have prevented adoption. Currently, about 50,000 domains publish BIMI records, but only 6,500 have certificates for logo display. Red Sift claims BIMI can increase email open rates by 39%.

• Red Sift launched BIMI Maker, a free AI-powered self-service tool for BIMI certificate preparation.
• The tool assists with logo conversion, authentication checks, and certificate application (VMC or CMC).
• About 50,000 domains publish BIMI records, but only 6,500 have certificates for displaying logos.