Co-Founder, Chairman & Chief Executive Officer, Fortinet
Search every verified Ken Xie interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ken Xie, co-founder, chairman, and CEO of Fortinet, discussed the company's first quarter 2026 financial results on a May 7, 2026 earnings call, reporting that billings grew 31%, total revenue increased 20%, and product revenue grew 41%. Xie stated that the company generated a record $1 billion in free cash flow and raised its full-year guidance across all top-line metrics. He attributed the results to "strong execution and broader based demand" and said the convergence of networking and security, which he described as Fortinet's approach for 26 years, is "accelerating in the AI era." On the call, Xie commented on the AI data center opportunity, stating that customers not building their own AI infrastructure are "most afraid of traffic flows and shadow AI." He described a "hybrid approach" to deployment, saying it is "never 100% on the cloud, never 100% on the edge." Xie also addressed pricing policy, saying the company does not use cost increases "to increase margin" but instead adjusts prices to "maintain the healthy margin." He noted that some competitors "cannot come up the new function quick enough" and must use "multiple solution to meet one" Fortinet solution.
“We are very pleased with our excellent first quarter result, exceeding our guidance through strong execution and broader based demand. As a result, billing growth 31%, total revenue increased 20%, and the product revenue growth 41%. Non-GAAP and GAAP operating margin were very strong and 36% and 31%. With GAAP operatin...”
“The convergence of networking and security, uh approach Fortinet has lead for 26 years, is accelerating in the AI era. Customers are adopting Fortinet platform with secure networking, unified SASE, secure operation built on single FortiOS operating system, enabling expanding across many use cases.”
“I keep in telling customer you need to use your AI to secure AI. Uh all this right there. It is a kind of a interesting. Definitely AI exposed a lot of vulnerability and also you have to react very quickly, leverage AI to react react all this operation.”
“The policy we have is not like some other company using this opportunity to increase margin. We are we are not. We just want to maintain the healthy margin. And when our costs increase, we also do the monthly adjustment, but when the costs coming down, we also want to adjust lower. Adjust maintain the same margin. That...”
We are excited to announce the launch of AlphaStreet Intelligence, a cutting-edge technology driven global ecosystem that ...
At Fortinet Accelerate 2026, Founder, Chairman, and CEO Ken Xie shares how Fortinet is leading the shift to AI-driven security through long-term investment, innovation, and platform convergence. From securing AI across every layer to enabling faster, more automated threat response, Fortinet is focused on helping organizations stay ahead of increasingly sophisticated, AI-powered attacks. • FortiOS 8.0 introduces major advancements across AI security, SASE, SD-WAN, and SecOps • Unified SASE continues to scale with strong growth and flexible deployment models • AI-powered security operations re…
08/06/2025 Q&A: 22:11 Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network (LAN) solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless LAN access points, and FortiExtender 5G connectivity gateways. It also provides the…
Fortinet Founder, Chairman of the Board, and CEO, Ken Xie, joined the executive panel discussion at the Security Summit at the ...
At Accelerate 2023, #Fortinet Founder, Chairman of the Board, and CEO, Ken Xie explained the start and rise of secure ...
Ken Xie talks with Lisa Martin at the Fortinet Security Summit at the Silverado Resort & Spa in Napa, CA.
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