F5 Inc

Latest Results (11.11.2025):

F5 Inc reported its third quarter fiscal year 2025 financial results, demonstrating robust performance with revenue reaching $780 million—a 12% increase year over year. The report highlights impressive product revenue growth of 26%, driven by a 39% increase in systems revenue and a 16% uptick in software revenue. The strong results translated into improved margins and higher earnings, with both GAAP and non-GAAP net income showing notable gains compared to the same quarter last year. F5 Inc also provided an optimistic outlook for the fourth quarter of fiscal 2025, signaling continued growth driven by technology refreshes and data center modernization.

Revenue Growth

In the third quarter of fiscal year 2025, F5 Inc achieved $780 million in total revenue, up from $695 million in Q3 FY2024. This 12% year-over-year increase was underpinned by a 26% jump in product revenue, highlighting the company’s strong market demand and successful execution.

Margin Improvement

F5 Inc’s Q3 FY2025 performance saw an improvement in both GAAP and non-GAAP gross margins. GAAP gross profit reached $632 million with an 81.0% margin, up from 80.4%, while non-GAAP measures showed margins of 83.1%, maintaining strong profitability.

Earnings Performance

Quarterly earnings improved significantly with GAAP income from operations at $196 million (25.2% operating margin) compared to $163 million in the previous year, and GAAP net income rising to $190 million (or $3.25 per diluted share) from $144 million. Non-GAAP earnings also increased, reflecting robust operational leverage and effective cost management.

Business Outlook

Looking ahead, F5 Inc’s guidance for the fourth quarter of fiscal year 2025 anticipates revenue between $780 million and $800 million and non-GAAP earnings per share in the range of $3.87 to $3.99. This optimistic forecast is supported by ongoing demand for tech refreshes and the modernization of data centers.