F5, Inc.
F5 Reports Strong Q2 FY25 Financial Results with 7% Revenue Growth
Summary
F5, Inc. announced strong second quarter fiscal year 2025 results with 7% revenue growth, driven by continuous innovation and leadership in hybrid multicloud solutions. The company reported second quarter revenue of $731 million, compared with $681 million in the second quarter of fiscal year 2024. The company's systems revenue grew 27% from the year-ago period while software revenue was flat at $158 million. Global services revenue grew 3% from the year-ago period. GAAP gross profit for the second quarter was $590 million, and non-GAAP gross profit was $607 million. GAAP net income was $146 million, or $2.48 per diluted share, and non-GAAP net income was $201 million, or $3.42 per diluted share. Additionally, the Board of Directors accepted the resignation of Peter Klein as a director, and appointed Julie Gonzalez as the new Chair of the Audit Committee.
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About F5, Inc.
F5, Inc. operates as a provider of multi-cloud application services, focusing on enhancing the performance, security, and availability of applications for enterprise and service provider customers. The company's solutions are designed to optimize network traffic, improve system reliability, and protect against cybersecurity threats. F5, Inc. serves a wide range of industries, including financial services, telecommunications, government, and healthcare, thereby playing a critical role in the digital infrastructure of these sectors. Its products and services allow organizations to implement secure applications across various cloud environments, increasing operational efficiency and scalability. Founded in Seattle, Washington, F5 has established itself as a market leader in application delivery networking technology, continually evolving to address the complexities of managing modern application architectures. Through its strategic focus on cloud-based solutions and security, F5, Inc. supports customers in navigating the challenges of digital transformation by ensuring robust connectivity between applications, data, and users.
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