Quarterly ResultMay 5, 2026, 02:07 PM
F5 Q1 Revenue $811.7M, Net Income $147.8M; Diluted EPS $2.58
AI Summary
F5, Inc. reported increased financial results for the quarter ended March 31, 2026, with total net revenues reaching $811.7 million and net income growing to $147.8 million, resulting in diluted EPS of $2.58. The company also saw a significant increase in net cash provided by operating activities and continued share repurchases. However, F5 is actively involved in legal proceedings, including a shareholder class action and derivative lawsuits, and incurred $23.5 million in costs related to a cyber incident.
Key Highlights
- Total net revenues for Q1 2026 increased to $811.7 million from $731.1 million in Q1 2025.
- Net income for Q1 2026 rose to $147.8 million compared to $145.5 million in Q1 2025.
- Diluted net income per share for Q1 2026 was $2.58, up from $2.48 in Q1 2025.
- Net cash provided by operating activities for the six months ended March 31, 2026, was $525.1 million.
- The company repurchased $401.1 million of common stock during the six months ended March 31, 2026.
- Cash and cash equivalents increased to $1.44 billion as of March 31, 2026, from $1.34 billion at September 30, 2025.
- Incurred $23.5 million in costs related to a Cyber Incident for the six months ended March 31, 2026.
- The effective tax rate for Q1 2026 was 21.9%, up from 15.0% in Q1 2025.