Q1FY26 Results PERIOD ENDING December 31, 2025 F5 specializes in application delivery and security. Our solutions are backed by three decades of expertise to ensure that every app is fast, available, secure, and ready for the AI-era. Forward-looking statements This presentation contains forward-looking statements including, among other things, F5's strong performance underscores its alignment with durable market demand drivers including the shift to hybrid multicloud architectures, enterprise adoption of AI ...

Financial Performance - F5 reported first quarter fiscal year 2026 revenue of $822 million, reflecting a 7% year-over-year growth from $766 million in the same period last year[3]. - Product revenue grew by 11%, with systems revenue increasing by 37% to $218 million, while software revenue decreased by 8% to $192 million[2][3]. - GAAP gross profit for the first quarter was $671 million, resulting in a gross margin of 81.5%, compared to $626 million and 81.7% in the prior year[4]. - Non-GAAP gross profit was $689 million, with a gross margin of 83.8%, slightly down from $643 million and 83.9% year-over-year[4]. - GAAP net income for the quarter was $180 million, or $3.10 per diluted share, up from $166 million, or $2.82 per diluted share, in the previous year[6]. - Non-GAAP net income was $259 million, or $4.45 per diluted share, compared to $227 million, or $3.84 per diluted share, in the first quarter of fiscal year 2025[6]. - Total net revenues for the three months ended December 31, 2025, were $822,465,000, representing a 7.3% increase from $766,489,000 in the same period of 2024[31]. - Gross profit for the same period was $670,680,000, with a gross margin of 81.5%, slightly down from 81.7% in 2024[35]. - Net income for the three months ended December 31, 2025, was $180,054,000, an increase of 8.2% compared to $166,445,000 in 2024[31]. - Diluted net income per share increased to $3.10, up from $2.82 in the prior year, reflecting a 9.9% growth[31]. - Non-GAAP net income for the three months ended December 31, 2025, was $258,763,000, compared to $226,972,000 in 2024, indicating a growth of 14.0%[35]. Outlook and Guidance - F5 raised its fiscal year 2026 revenue growth outlook to 5% to 6%, up from a previous range of 0% to 4%[9]. - The company expects non-GAAP operating margin to be in the range of 34% to 35%, an increase from the prior guidance of 33.5% to 34.5%[9]. - For the second quarter of fiscal year 2026, F5 is guiding revenue between $770 million and $790 million, with non-GAAP earnings projected at $3.34 to $3.46 per diluted share[10]. Market Drivers - F5's strong performance is attributed to market demand drivers such as the shift to hybrid multicloud architectures and enterprise adoption of AI[2][14]. Balance Sheet and Cash Flow - Cash and cash equivalents at the end of the period were $1,201,870,000, down from $1,346,368,000 at the beginning of the period[33]. - Total current assets were $2,515,419,000, slightly down from $2,518,701,000 in the previous quarter[29]. - Total liabilities increased to $2,753,418,000 from $2,727,493,000 in the previous quarter[29]. - Operating expenses for the three months ended December 31, 2025, were $456,493,000, compared to $420,897,000 in the same period of 2024, marking an increase of 8.4%[31]. - The company reported a deferred revenue of $1,253,071,000, an increase from $1,213,226,000 in the previous quarter[29].

Core Viewpoint - A class action lawsuit has been filed against F5, Inc. concerning allegations of securities fraud and unlawful business practices related to a significant security breach and its impact on the company's financial performance [2][4]. Group 1: Lawsuit Details - The class action lawsuit involves F5 and certain officers and/or directors, with investors encouraged to contact Pomerantz LLP for participation [1][2]. - Investors who purchased F5 securities during the Class Period have until February 17, 2026, to request appointment as Lead Plaintiff [2]. Group 2: Security Breach Impact - On October 15, 2025, F5 disclosed a "long-term, persistent" breach affecting its BIG-IP product development and engineering management platforms, including the source code [4]. - Following the breach announcement, F5's stock price dropped by $47.82, or 13.93%, closing at $295.35 on October 16, 2025 [4]. - On October 27, 2025, F5 reported fiscal year 2025 results that significantly missed market growth expectations for fiscal year 2026, attributing this to the security breach [5]. - The subsequent announcement led to a further decline in F5's stock price by $30.76, or 10.31%, closing at $258.76 on October 28, 2025 [6].

NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds F5, Inc. (“F5” or the “Company”) (NASDAQ: FFIV) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join The F5 Class Action Lawsuit? Do you, or did you, own shares of F5, Inc. (NASDAQ: FFIV)?Did you purchase your shares between October 28, 2024 and October 27, 2025, inclusive?Did you lose money in your investme ...

Core Viewpoint - F5, Inc. is facing challenges due to a cybersecurity incident that has led to a securities class action lawsuit, impacting its projected revenues for 2026 and resulting in a lowered price target from analysts [3][5][6]. Group 1: Company Overview - F5, Inc. is a leader in multi-cloud application security and delivery solutions, enhancing the security, performance, and availability of network applications, servers, and storage systems [1]. - The company partners with major cloud providers such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform [1]. Group 2: Stock Performance and Analyst Outlook - The consensus price target for F5's stock has shown slight fluctuations, with the average price target at $310 last month, $299 last quarter, and $313.33 last year, indicating a stable outlook from analysts despite challenges [2][6]. - Credit Suisse has set a lower price target of $225 for F5, reflecting the potential financial implications of the cybersecurity incident [3][6]. Group 3: Legal Challenges - F5 is currently dealing with a securities class action lawsuit due to a cybersecurity incident discovered on August 9, 2025, which has negatively impacted projected revenues for 2026 [3][5][6]. - The lawsuit represents investors who purchased F5 securities between October 28, 2024, and October 27, 2025, following the company's disclosure of the cybersecurity breach [4].

The F5 class action lawsuit alleges that throughout the Class Period, defendants created the false impression that they possessed reliable information pertaining to F5's projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. The complaint alleges that in truth, F5's optimistic claims, touting its purported best-in-industry security and overall emphasis and confidence in F5's ability to meet and capitalize on the growing security needs for ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased F5, Inc. securities between October 28, 2024, and October 27, 2025, of the February 17, 2026, deadline to become lead plaintiffs in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought F5 securities during the specified Class 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 by February 17, 2026, to serve as lead plaintiff, representing other class members [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting that many firms issuing notices lack comparable experience [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements since 2013 [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 was experiencing a significant security incident that jeopardized both client security and the company's future prospects, leading to investor damages when the truth was revealed [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased F5, Inc. securities between October 28, 2024, and October 27, 2025, of the upcoming lead plaintiff deadline on February 17, 2026, for a class action lawsuit related to misleading information about the company's revenue outlook and security incidents [1][4]. Group 1: Class Action Details - Investors who bought F5 securities during the specified Class Period may be eligible for compensation without any out-of-pocket costs 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]. - The lawsuit alleges that F5 misrepresented its revenue outlook and downplayed risks associated with seasonality and macroeconomic factors, leading to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [3]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3].

Core Viewpoint - The F5 class action lawsuit alleges that F5, Inc. and certain executives misled investors regarding the company's revenue outlook and growth potential, particularly in light of a significant security incident that impacted its operations and stock price [1][4]. Company Overview - F5, Inc. is a global multi-cloud application security and delivery company that enables customers to deploy, secure, and operate applications both on-premises and via public cloud [3]. Allegations of the Lawsuit - The lawsuit claims that F5 created a false impression of having reliable information about its projected revenue and growth while downplaying risks associated with seasonality and macroeconomic factors [4]. - It is alleged that F5's optimistic claims about its security capabilities were misleading, as the company was experiencing a significant security breach that jeopardized client security and F5's future prospects [4]. Impact of Security Breach - On October 15, 2025, F5 disclosed a security breach involving a nation-state threat actor, which led to a nearly 14% drop in F5's stock price over two trading days [5]. - Following the breach, F5 reported fourth-quarter fiscal year 2025 results that fell significantly below market growth expectations for fiscal 2026, attributing this to the security incident. The stock price dropped nearly 11% over two trading days after this announcement [6]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased F5 securities during the Class Period to seek appointment as lead plaintiff in the lawsuit, representing the interests of all class members [7]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against F5, Inc. due to allegations of violations of federal securities laws related to misleading statements about the company's security capabilities and a significant security breach impacting its operations [2][5]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses in F5 to contact them directly to discuss their legal options [1]. - A federal securities class action has been filed against F5, with a deadline of February 17, 2026, for investors to seek the role of lead plaintiff [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [8]. Group 2: Security Breach and Financial Impact - The complaint alleges that F5 and its executives failed to disclose a significant security breach affecting key offerings, which would impact the company's ability to capitalize on the security market [5]. - On October 27, 2025, F5 reported fourth quarter fiscal year 2025 results that fell significantly below market growth expectations, attributing this to the security breach, which led to reduced sales and increased expenses for remediation efforts [6]. - Following the announcement, F5's stock price dropped from $290.41 per share to $258.76 per share, marking a decline of 10.9% within two days [7].