Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against F5, Inc. due to allegations of misleading the market regarding the security of its BIG-IP products, which resulted in significant financial losses for investors [1][2]. Group 1: Allegations and Impact - The lawsuit claims that F5 executives misled the market about the security of its core products, particularly after a sophisticated nation-state threat actor allegedly gained long-term access to F5's systems and exfiltrated sensitive source code [2][8]. - Following the revelation of the security breach in October 2025, F5's market value plummeted by over $2 billion, with stock prices declining nearly 14% over two trading days [2][8]. - F5's disappointing Q4 FY25 results, released on October 27, 2025, indicated a significant reduction in expected sales and renewals, leading to a further drop in stock price by $22.83 (-7%) the next day [8]. Group 2: Legal Proceedings and Deadlines - The lead plaintiff deadline for the class action is set for February 17, 2026, with the class period defined as October 28, 2024, to October 27, 2025 [5][7]. - The core allegation centers around the undisclosed breach of BIG-IP source code, which is critical to F5's revenue generation [5][8]. Group 3: Company Performance and Future Outlook - The lawsuit highlights that F5's claims of having a best-in-industry security platform were misleading, as the company was facing a significant security incident that jeopardized both client security and F5's future prospects [8]. - The ongoing remediation efforts and the impact of the security breach have led to elongated sales cycles and increased expenses, further complicating F5's financial outlook for fiscal 2026 [8].

Core Viewpoint - The complaint against F5 alleges violations of federal securities laws due to false or misleading statements regarding its security capabilities, particularly in light of a significant security breach affecting its key offerings [2] Group 1: Allegations and Legal Proceedings - The complaint claims that F5 and its executives failed to disclose the true state of the company's security capabilities, which were compromised by a significant security breach [2] - The breach is said to have a substantial impact on F5's ability to capitalize on the security market [2] - A court-appointed lead plaintiff has been designated, representing the largest financial interest in the relief sought by the class [3] Group 2: Call for Information - The law firm Faruqi & Faruqi encourages individuals with information regarding F5's conduct to come forward, including whistleblowers and former employees [4]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased F5, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - The Class Period for the F5 securities is from October 28, 2024, to October 27, 2025, inclusive [1]. - Investors who purchased F5 securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 17, 2026 [2]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [3]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3]. Group 3: Case Allegations - The lawsuit alleges that F5's management misrepresented the company's revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [4]. - It is claimed that F5's optimistic statements about its security capabilities were misleading, as the company was facing a significant security incident that jeopardized its clients' security and future prospects [4]. - The lawsuit asserts that when the true information became public, investors suffered damages [4].

Core Viewpoint - A class action lawsuit has been filed against F5, Inc. for allegedly making misleading statements regarding its cybersecurity posture and failing to disclose a known security breach that impacted its core product [3][4][6]. Group 1: Allegations of Misrepresentation - The lawsuit claims that F5's SEC filings during the class period contained materially misleading statements about the company's cybersecurity risks [3]. - Specific allegations include that risk disclosures did not accurately reflect the actual cybersecurity incident and that management discussions provided an incomplete picture of business challenges [8]. - Forward-looking statements reportedly omitted known impediments to growth, and internal control disclosures did not reflect the security compromise [8]. Group 2: Knowledge and Motivation of Defendants - The complaint alleges that individual defendants had actual knowledge of the security breach and its potential business impact, fulfilling the scienter requirement under the Private Securities Litigation Reform Act (PSLRA) [4]. - Plaintiffs assert that the defendants were motivated to conceal the breach to protect the company's stock price and their own compensation linked to company performance [6]. Group 3: Legal Context and Next Steps - The PSLRA provides protections for investors harmed by alleged securities violations, and the regulatory framework surrounding SEC filings supports inferences about executives' knowledge when signing these documents [6]. - Motions for lead plaintiff must be filed with the court by February 17, 2026 [7].

Financial Performance - Total revenues for the three months ended December 31, 2025, were $822.465 million, an increase from $766.489 million in 2024[86]. - Basic net income per share increased to $3.12 for the three months ended December 31, 2025, compared to $2.85 for the same period in 2024[82]. - Systems revenue rose to $218.356 million in the three months ended December 31, 2025, compared to $159.708 million in 2024, while software revenue decreased to $191.927 million from $208.789 million[86]. - The Americas region generated $439.788 million in revenue for the three months ended December 31, 2025, up from $431.973 million in 2024[86]. Revenue Recognition and Deferred Revenue - As of December 31, 2025, the total non-cancelable remaining performance obligations under the Company's contracts with customers was $2.1 billion, with an expectation to recognize revenues on 60.8% of these obligations over the next 12 months[34]. - The balance of deferred revenue increased to $2.1 billion as of December 31, 2025, up from $1.8 billion at the beginning of the period, reflecting an addition of $493.8 million during the quarter[33]. Acquisitions and Goodwill - The acquisition of CalypsoAI Corp. was completed for $145.2 million in cash, enhancing the Company's capabilities in enterprise AI security[43]. - The goodwill related to the CalypsoAI acquisition was primarily due to expected synergies and was not deductible for tax purposes[44]. - The Company completed three additional acquisitions during fiscal 2025, resulting in $17.4 million of goodwill, although these acquisitions did not materially impact operating results[47]. Cash and Investments - Cash and cash equivalents decreased to $1.2 billion as of December 31, 2025, from $1.3 billion at the end of September 2025[48]. - The Company recognized interest income of $8.9 million for the three months ended December 31, 2025, compared to $10.3 million for the same period in 2024[39]. Inventory and Assets - Finished goods inventory increased to $35,302,000 from $26,933,000, while raw materials decreased to $44,593,000 from $50,296,000, resulting in total inventories of $79,895,000 compared to $77,229,000[49]. - Unbilled receivables rose to $512,595,000 from $498,288,000, and prepaid expenses increased to $145,388,000 from $86,346,000, leading to total other current assets of $742,163,000, up from $682,766,000[50]. - Total other assets decreased to $509,782,000 from $552,280,000, primarily due to a decline in intangible assets from $96,266,000 to $84,206,000[51]. Liabilities and Commitments - Accrued liabilities decreased to $305,188,000 from $315,383,000, with payroll and benefits liabilities dropping from $189,337,000 to $167,096,000[52]. - The Company’s total operating lease liabilities increased to $267,718,000 from $261,791,000, with a weighted average remaining lease term of 7.8 years and a discount rate of 3.33%[58]. - The Company has a commitment to purchase $10.0 million of component inventory annually under a four-year agreement, totaling $40.0 million, with no remaining commitments as of December 31, 2025[63]. Legal and Regulatory Matters - The Company is engaged in ongoing legal proceedings, including a putative class action complaint alleging false statements regarding cybersecurity capabilities[69]. - The Company is currently evaluating the impact of new accounting standards on its disclosures, including ASU 2023-09 and ASU 2024-03, which will affect future financial reporting[28][29]. Taxation - The effective tax rate for the three months ended December 31, 2025, was 19.2%, down from 20.4% for the same period in 2024, primarily due to changes in unrecognized tax benefits[9]. - As of December 31, 2025, the company had $80.9 million in unrecognized tax benefits, which may change within the next twelve months due to audit settlements[76]. Share Repurchase - The company repurchased 1,203 thousand shares at an average price of $249.33 per share, totaling $300.024 million during the three months ended December 31, 2025[80]. - The company has $622.4 million remaining authorized for share repurchases under its program as of December 31, 2025[80]. Cybersecurity Incident - The Company incurred $17.5 million in costs related to a Cyber Incident for the three months ended December 31, 2025[74].

Core Viewpoint - A class action lawsuit has been filed against F5, Inc. for allegedly misrepresenting its cybersecurity practices, particularly regarding its BIG-IP platform, which is marketed as providing "best-in-class" security capabilities [1] Group 1: Allegations of Cybersecurity Breach - F5 allegedly knew about a significant security breach affecting its BIG-IP product development environment as early as August 2025 but continued to market its products as secure [1] - The lawsuit claims that a nation-state threat actor gained "long-term, persistent" access to F5's systems, potentially compromising source code and vulnerability information [1] - The breach reportedly led to reduced sales and renewals, elongated sales cycles, and increased remediation expenses for F5 [1] Group 2: Impact on Business Operations - Following the public disclosure of the breach, F5 revised its fiscal 2026 revenue guidance to a growth range of 0-4%, significantly below prior expectations for mid-single digit expansion [1] - Customer trust allegedly deteriorated after the breach disclosure, impacting sales cycles [1] - Management continued to promote the "best-in-class" security capabilities during the period when the breach was known but not disclosed [1] Group 3: Importance of Cybersecurity Credibility - For enterprise software companies, security credibility is a fundamental business asset, and F5's representations about its security posture were material to investor decisions during the class period [1] - The case raises important questions about cybersecurity disclosure obligations in the enterprise software sector [1]

San Francisco, California--(Newsfile Corp. - February 4, 2026) - National shareholder rights law firm Hagens Berman is issuing notice to investors in F5, Inc. (NASDAQ: FFIV) regarding the February 17, 2026, lead plaintiff deadline in a pending securities class action against the company and certain of its executives.The firm is actively investigating the alleged claims, which allege that F5 executives misled the market regarding the security of its core BIG-IP products. The lawsuit alleges that while F5 to ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in F5 to Contact Him Directly to Discuss Their OptionsIf you purchased or acquired securities in F5 between October 28, 2024 and October 27, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(Newsfile Corp. - February 4, 2026) - Far ...

New York, New York--(Newsfile Corp. - February 4, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of F5, Inc. (NASDAQ: FFIV) between October 28, 2024 and October 27, 2025, both dates inclusive (the "Class Period"), of the important February 17, 2026 lead plaintiff deadline.SO WHAT: If you purchased F5 securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement ...

NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of F5, Inc. (NASDAQ: FFIV) between October 28, 2024 and October 27, 2025, both dates inclusive (the “Class Period”), of the important February 17, 2026 lead plaintiff deadline. SO WHAT: If you purchased F5 securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO ...