• Reported GAAP EPS of $3.12 up 9.47% YoY • Reported revenue of $822.47M up 7.30% YoY • F5 raised its fiscal year 2026 outlook, guiding for revenue growth of 5% to 6%, non-GAAP operating margin of 34% to 35%, and non-GAAP EPS in the range of $15.65 to $16.05.
Bullish
F5 achieved 7% revenue growth, driven by 11% product revenue growth for the sixth consecutive quarter, aligning with hybrid multicloud and AI market demand.
Bearish
F5 saw software revenue decline 8% and experienced GAAP gross and operating margin compression. The company also faces risks from global supply chain disruptions impacting revenues.