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F5 logoF5 FFIV

The company said revenue for Q2 (ended March 31) of fiscal 2025 was $731 million, compared with $681 million a year earlier, and systems revenue was $179 million, up 27% from the year-ago period.

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

Key points

AI summary
  1. The company said revenue for Q2 (ended March 31) of fiscal 2025 was $731 million, compared with $681 million a year earlier, and systems revenue was $179 million, up 27% from the year-ago period.

  2. F5 reported GAAP operating income for Q2 of $159 million (GAAP operating margin of 21.7%) and GAAP net income of $146 million ($2.48 per diluted share), compared with $140 million and $119 million a year earlier.

  3. The company expects revenue for Q3 of $740 million to $760 million and non-GAAP diluted earnings per share of $3.41 to $3.53. It said it raised its revenue growth outlook for fiscal 2025 to 6.5% to 7.5% from its prior range of 6% to 7%.

  4. The company said net cash provided by operating activities was $459,379 thousand for the 6 months ended March 31, and payments for share repurchases, including excise taxes, were $252,068 thousand. As of March 31, cash and cash equivalents totaled $1,259,282 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.

Q2 revenue of $731 million, systems revenue up 27%

The company said revenue for Q2 (ended March 31) of fiscal 2025 was $731 million, compared with $681 million a year earlier, and systems revenue was $179 million, up 27% from the year-ago period.

Source · Based on the filing body and exhibits

Q2 GAAP operating income $159 million, net income $146 million

F5 reported GAAP operating income for Q2 of $159 million (GAAP operating margin of 21.7%) and GAAP net income of $146 million ($2.48 per diluted share), compared with $140 million and $119 million a year earlier.

Source · Based on the filing body and exhibits

Q3 revenue outlook and raised full-year revenue outlook

The company expects revenue for Q3 of $740 million to $760 million and non-GAAP diluted earnings per share of $3.41 to $3.53. It said it raised its revenue growth outlook for fiscal 2025 to 6.5% to 7.5% from its prior range of 6% to 7%.

Source · Based on the filing body and exhibits

6-month operating cash flow and share repurchases

The company said net cash provided by operating activities was $459,379 thousand for the 6 months ended March 31, and payments for share repurchases, including excise taxes, were $252,068 thousand. As of March 31, cash and cash equivalents totaled $1,259,282 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.