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F5 (FFIV) investor relations material
F5 Corporate presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business overview and market position
Specializes in application delivery and security, ensuring apps are fast, available, and secure for the AI era.
Operates globally with 6,500 employees, 23,000+ customers in 170+ countries, and $3.1B in FY25 revenue.
Trusted by all top companies worldwide, stopping over 70B attacks in 2025 and serving key sectors like banking, retail, and telecom.
Recognized as a leader by major industry analysts in areas such as WAAP, API security, and cloud networking.
Maintains global innovation centers and has expanded capabilities through strategic acquisitions.
Financial performance and outlook
Q3FY26 revenue grew 11% year-over-year to $865M, with product revenue up 19% and systems revenue up 32%.
Non-GAAP gross margin was 84.2% and operating margin was 35.0% for Q3FY26.
Non-GAAP EPS increased 14% year-over-year to $4.73 in Q3FY26.
Recurring revenue accounted for 69% of Q3FY26 revenue, with 90% of software revenue from subscriptions.
FY26 revenue growth outlook raised to 9–10%, with non-GAAP EPS guidance of $17.21–$17.33.
Strategic drivers and customer momentum
Positioned at the intersection of hybrid multicloud adoption, expanding threat landscape, and AI inference inflection.
Hybrid multicloud adoption drives expansion, digital sovereignty wins, and platform consolidation.
Customers in energy, government, and technology sectors expanded F5 deployments for reliability, security, and compliance.
AI-powered security solutions are increasingly adopted by financial, healthcare, and telecom customers to counter sophisticated threats.
AI use cases include secure data delivery, runtime security, and AI factory load balancing, with notable wins in autonomous systems and service providers.
- Q3 FY26 revenue up 11% YoY, FY26 outlook raised, driven by AI and hybrid cloud demand.FFIV
Q3 2026 - F5 is embedding AI across its portfolio and partnering to deliver unified, scalable solutions.FFIV
Status Update - Guiding to upper single-digit revenue growth and double-digit EPS CAGR through 2029, driven by cloud, AI, and security.FFIV
Investor update - Q2FY26 delivered double-digit growth, robust recurring revenue, and an improved FY26 outlook.FFIV
Investor presentation - Q2 FY26 revenue up 11% with raised FY26 outlook and strong product and cash flow growth.FFIV
Q2 2026 - Q1 FY26 revenue up 7.3%, EMEA led growth, guidance raised, $300M in buybacks.FFIV
Q1 2026 - Q3 FY25 revenue rose 12% year-over-year, with raised full-year growth guidance and strong margins.FFIV
Q3 2025 - Q3 revenue hit $695M, EPS beat guidance, and FY2024 outlook was raised for earnings growth.FFIV
Q3 2024 - Q2 FY25 revenue up 7% and non-GAAP EPS up 18%, with raised full-year guidance.FFIV
Q2 2025
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