Fortinet Q2 Product Revenue up 52%, Unified SASE up 35%, OT Security Billings up 55%, AI and OT Security Demand Drives Hardware and SASE Business Surge
Fortinet (NASDAQ:FTNT) CFO Christiane Ohlgart said the company's Q2 results benefited from broad global demand, accelerated hardware sales, and increased adoption of secure networking and unified secure access service edge (SASE) offerings. Customers are purchasing larger hardware appliances to support AI infrastructure, higher network traffic, SD-WAN, and OT security needs. FortiSASE billings more than doubled, and remaining performance obligations reached $7.7 billion, supporting the company's long-term growth prospects.
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