F5, Inc.: Beat — EPS $4.42, Revenue $917.43M
Earnings BeatQ4 2026 · After-market
Did F5, Inc. (FFIV) beat earnings today?
Yes, F5, Inc. (FFIV) beat Wall Street analyst expectations for Q4 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+3.76% surprise
$4.42Actual
Expected: $4.26
vs. year ago +0.7%
Total Revenue+3.65% surprise
$917.43MActual
Expected: $885.1M
vs. year ago +13.0%
Released Oct 27 · 4:05 PM ET
Earning Report
| Metric | Q4 FY2026 | Q4 FY2025 | YoY Change % |
|---|---|---|---|
| Revenue | $917.43M | $810.09M | +13.0 |
| Consolidated revenue by source | |||
| └─Products | $509.76M | $414.11M | +23.0 |
| Revenue by business — separate view | |||
| └─Systems | $239.00M | - | +29.0 |
| └─Software | $271.00M | - | +19.0 |
| Consolidated revenue by source | |||
| └─Services | $407.66M | $395.98M | +3.0 |
| Net Income | $186.13M | $190.49M | -2.3 |
| GAAP Basic EPS | $3.28 | $3.30 | -0.6 |
| GAAP Diluted EPS | $3.23 | $3.26 | -0.9 |
| Non-GAAP Net Income | $254.74M | $256.64M | -0.7 |
| Non-GAAP Diluted EPS | $4.42 | $4.39 | +0.7 |
Financial Outlook / Guidance
| Metric | Q1 FY2027 Outlook | FY2027 Outlook |
|---|---|---|
| Revenue | $875M-$895M | — |
| Non-GAAP Earnings | $4.25-$4.37 per diluted share | $18.00-$18.30 per share |
| Revenue Growth | — | 8%-9% |
Business Highlights
- ➤Board authorized an additional $1.5B for common-stock repurchases.
- ➤Existing repurchase program retained $322M of authorization.
- ➤F5 emphasized AI-driven protection across hybrid multicloud environments.
- ➤Company positioned its Application Delivery and Security Platform across on-premises, cloud and edge environments.
Management Commentary
François Locoh-Donou, Chairman, President and CEO
“Q4 closed out an exceptional fiscal year. In the quarter, we delivered 23% product revenue growth driving 13% total revenue growth year over year. Nine consecutive quarters of double-digit product revenue growth reflect F5’s expanding strategic role as our customers navigate hybrid multicloud complexity, an intensifying threat landscape, and a rapidly evolving AI-driven world.”
François Locoh-Donou, Chairman, President and CEO
“Frontier AI is rewriting the rules of enterprise security, accelerating vulnerability discovery to machine speed, expanding the attack surface through APIs and AI agents, and collapsing the time available to respond. F5 is focused on ensuring our customers can meet this moment, using AI to identify risk earlier, and enforcing consistent protection at runtime across every environment.”