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F5 logoF5 FFIV

The company said revenue for Q1 totaled $766 million, up 11% from $693 million in the year-ago period on December 31, 2024, including growth in software revenue of 22% and in systems revenue of 18%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 totaled $766 million, up 11% from $693 million in the year-ago period on December 31, 2024, including growth in software revenue of 22% and in systems revenue of 18%.

  2. F5 said GAAP operating profit for Q1 was $205 million, a GAAP operating margin of 26.8%, while GAAP net income was $166 million, or $2.82 per diluted share, and non-GAAP diluted earnings per share were $3.84.

  3. The company said it raised its revenue growth outlook for fiscal 2025 to 6% to 7% from its prior range of 4% to 5%, and raised its non-GAAP earnings per share growth outlook to 6.5% to 8.5% from its prior range of 5% to 7%.

  4. The company said net cash provided by operating activities for the 3 months ended December 31, 2024 was $202,782 thousand, and payments for share repurchases, including excise taxes, were $125,010 thousand.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Fiscal 2025 Q1 Revenue and Segment Growth Rates

The company said revenue for Q1 totaled $766 million, up 11% from $693 million in the year-ago period on December 31, 2024, including growth in software revenue of 22% and in systems revenue of 18%.

Source · Based on the filing body and exhibits

GAAP and Non-GAAP Earnings Metrics

F5 said GAAP operating profit for Q1 was $205 million, a GAAP operating margin of 26.8%, while GAAP net income was $166 million, or $2.82 per diluted share, and non-GAAP diluted earnings per share were $3.84.

Source · Based on the filing body and exhibits

Revision to 2025 fiscal year outlook

The company said it raised its revenue growth outlook for fiscal 2025 to 6% to 7% from its prior range of 4% to 5%, and raised its non-GAAP earnings per share growth outlook to 6.5% to 8.5% from its prior range of 5% to 7%.

Source · Based on the filing body and exhibits

Q1 Operating Cash Flow and Share Repurchases

The company said net cash provided by operating activities for the 3 months ended December 31, 2024 was $202,782 thousand, and payments for share repurchases, including excise taxes, were $125,010 thousand.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.