FFIV · 10-Q · 2026Q2
F5, INC.
Filed 2026-08-06 · Technology · View original filing on EDGAR
USD 865,077KTotal Revenue
USD 6,829,074KTotal Assets
13Topics
96Top Importance
Ranked Events
- Acquisition and Capital ExpendituresImportance 96 · Surprise 100F5 used $47.6 million to acquire a business during the nine months ended June 30, 2026. The company invested $63.7 million in capital expenditures to maintain operations worldwide. Cash used in investing activities…
- Market Demand TrendsImportance 64 · Surprise 56F5 reported total net revenues of $2.499 billion for the nine months ended June 30, 2026, up 9.7% year over year. Net product revenues increased 17.3%, driven by higher systems and software revenues, while net service…
- Systems and Software GrowthImportance 64 · Surprise 56Systems revenue increased 32.4% year over year to $239.5 million in the quarter ended June 30, 2026 and 31.6% to $684.3 million for the nine-month period. Software revenue increased 7.4% to $223.3 million in the…
- Products and TechnologyImportance 60 · Surprise 40F5 offers application delivery and security solutions through F5 BIG-IP software and systems, F5 NGINX software, and F5 Distributed Cloud Services. BIG-IP is sold through subscription and perpetual licenses, NGINX…
- Headcount and RestructuringImportance 59 · Surprise 82F5 recorded restructuring charges of negative $0.03 million in the June 30, 2026 quarter and negative $0.388 million for the nine months ended June 30, 2026. The comparable nine-month period in 2025 included $11.321…
- Capital Return ProgramImportance 58 · Surprise 42F5 repurchased $501.1 million of common stock, including excise taxes, during the nine months ended June 30, 2026. Share repurchases were the primary financing cash use and contributed to $464.2 million of net cash…
- Liquidity and Cash PositionImportance 54 · Surprise 40Cash, cash equivalents, short-term investments, and long-term investments totaled $1.628 billion at June 30, 2026, up $267.8 million from $1.360 billion at September 30, 2025. Operating activities generated $841.4…
- Operating Expense TrendsImportance 54 · Surprise 40Operating expenses increased 14.4% year over year to $498.2 million in the quarter ended June 30, 2026 and 11.6% to $1.437 billion for the nine-month period. Sales and marketing expense rose 8.0% quarterly and 9.0%…
- Gross Margin DriversImportance 54 · Surprise 40Gross margin increased to 82.2% for the quarter ended June 30, 2026 from 81.0% in the prior-year quarter, while nine-month gross margin increased to 81.7% from 81.1%. Quarterly gross profit increased $79.8 million to…
- Revenue Performance and MixImportance 54 · Surprise 40Total net revenue increased to $865.1 million in the three months ended June 30, 2026, up 10.9% from $780.4 million, and reached $2.499 billion for the nine months, up 9.7% from $2.278 billion. Product revenue rose…
- Cybersecurity IncidentImportance 53 · Surprise 60On October 15, 2025, F5 disclosed a security incident in which a threat actor maintained long-term, persistent access to F5 systems and exfiltrated certain files. During the nine months ended June 30, 2026, F5 incurred…
- Distribution ChannelsImportance 37 · Surprise 6F5 markets and sells its products primarily through multiple indirect sales channels across the Americas, EMEA, and APAC. Enterprise customers, including Fortune 1000 and Business Week Global 1000 companies, remain the…
- Revenue Concentration RiskImportance 37 · Surprise 6Customer A represented 16.4% of total quarterly revenue and 17.2% of nine-month revenue for the periods ended June 30, 2026. Customer B represented 18.4% of quarterly revenue and 23.1% of nine-month revenue in the same…
Revenue by Product (in thousands)
| Q3 2026 | YTD 2026 | YTD 2025 | Q3 2025 | segment |
|---|---|---|---|---|
| 462,829 | 1,283,627 | 1,094,531 | 388,838 | Products |
| 402,248 | 1,215,615 | 1,183,451 | 391,532 | Services |
| 239,519 | 684,264 | 519,968 | 180,855 | Systems revenue |
| 223,310 | 599,363 | 574,563 | 207,983 | Software revenue |
Revenue by Geography (in thousands)
| region | YTD 2026 | Q3 2026 | YTD 2025 | Q3 2025 |
|---|---|---|---|---|
| United States | 1,251,500 | 453,985 | 1,192,270 | 411,093 |
| Other (Americas) | 73,722 | 24,578 | 66,800 | 19,878 |
| Total Americas | 1,325,222 | 478,563 | 1,259,070 | 430,971 |
| EMEA | 770,600 | 256,030 | 620,431 | 202,073 |
| APAC | 403,420 | 130,484 | 398,481 | 147,326 |