Quarterly ResultApr 28, 2026, 04:18 PM
FFIV Q2 Revenue +11% to $812M; Product +22%; Raises FY26 Outlook
AI Summary
F5, Inc. reported strong financial results for its second quarter fiscal year 2026, with total revenue increasing 11% year-over-year to $812 million, driven by a 22% rise in product revenue. GAAP diluted EPS grew to $2.58, and non-GAAP diluted EPS reached $3.90. The company also raised its full-year fiscal 2026 outlook for both revenue growth and non-GAAP earnings per share, reflecting continued strong demand for its solutions.
Key Highlights
- Q2 FY26 total revenue grew 11% year-over-year to $812 million.
- Product revenue increased 22% year-over-year, marking the seventh consecutive quarter of double-digit growth.
- Systems revenue rose 26% to $226 million; Software revenue grew 17% to $184 million.
- GAAP diluted EPS was $2.58, up from $2.48 in Q2 FY25.
- Non-GAAP diluted EPS was $3.90, up from $3.42 in Q2 FY25.
- Raised FY26 revenue growth outlook to 7%-8% from previous 5%-6%.
- Raised FY26 non-GAAP EPS outlook to $16.25-$16.55 from previous $15.65-$16.05.
- Q3 FY26 revenue guidance set at $820 million to $840 million.