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F5 Networks (FFIV)
NASDAQ:FFIV
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F5 Networks (FFIV) Earnings Date & Reports

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Earnings Data

Report Date
Jan 28, 2025
TBA Not Confirmed
Period Ending
2025 (Q1)
Consensus EPS Forecast
$3.36
Last Year’s EPS
$3.43
Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Oct 28, 2024
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% Change Since: 15.52%
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Next Earnings Date:Jan 28, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted F5's strong financial performance in Q4 and FY '24, driven by notable software growth and successful transformation to a software and security leader. Despite some challenges, such as a decline in SaaS revenue and weak demand from the service provider sector, the company expressed confidence in its FY '25 growth prospects, supported by strong recurring revenue and AI initiatives.
Company Guidance
During the F5 Networks Q4 2024 earnings call, the company provided a comprehensive financial outlook for FY '25, aiming for revenue growth between 4% to 5% over FY '24, with stronger performance anticipated in the second half due to a sizable renewal base. The guidance indicated expectations for 5% to 7% non-GAAP earnings growth and improvements in gross margins, targeting 83% to 84%. F5's software revenue, which grew 11% in FY '24, is projected to grow in the upper single digits in FY '25, while systems revenue is expected to see mid-single-digit growth. The company also emphasized its strategic alignment with AI and hybrid multi-cloud trends, highlighting their collaboration with NVIDIA to enhance GPU utilization through their BIG-IP NGINX for Kubernetes solution. Overall, F5 is positioned for continued operational leverage and market expansion, supported by a strong pipeline and recurring revenue streams that now constitute 76% of total revenue.
Record Q4 Revenue
F5 delivered a record Q4 with $747 million in revenues, up 6% year-over-year, exceeding the high end of the guidance range.
Strong Software Performance
Software revenue grew by 19% year-over-year, with subscription-based software revenue growing by 23%.
Increased Operating Margins
Q4 non-GAAP EPS was $3.67, which was $0.17 above the top end of the guidance range, highlighting improving operating margins.
Transformation to Software and Security Leader
F5 has transformed from a hardware-centric company to a software and security leader, with software now representing 58% of product revenue.
Strong Growth Outlook for FY '25
Revenue growth is expected to accelerate to 4%-5% in FY '25, with a projected earnings growth of 5%-7%.
Successful AI Initiatives
F5 announced a collaboration with NVIDIA to enhance AI infrastructure, with early deployments optimizing AI data ingestion and factory load balancing.
Significant Recurring Revenue
78% of total revenue came from subscription-based sources and maintenance, enhancing revenue visibility.
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F5 Networks (FFIV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

FFIV Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 28, 20252025 (Q1)
3.36 / -
3.43
Oct 28, 20242024 (Q4)
3.45 / 3.67
3.54.86% (+0.17)
Jul 29, 20242024 (Q3)
2.97 / 3.36
3.214.67% (+0.15)
Apr 29, 20242024 (Q2)
2.87 / 2.91
2.5315.02% (+0.38)
Jan 29, 20242024 (Q1)
3.04 / 3.43
2.4738.87% (+0.96)
Oct 24, 20232023 (Q4)
3.21 / 3.50
2.6233.59% (+0.88)
Jul 24, 20232023 (Q3)
2.86 / 3.21
2.5724.90% (+0.64)
Apr 19, 20232023 (Q2)
2.42 / 2.53
2.1318.78% (+0.40)
Jan 24, 20232023 (Q1)
2.33 / 2.47
2.89-14.53% (-0.42)
Oct 25, 20222022 (Q4)
2.52 / 2.62
3.01-12.96% (-0.39)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FFIV Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 28, 2024$218.36$240.33+10.06%
Jul 29, 2024$177.59$200.66+12.99%
Apr 29, 2024$182.13$165.31-9.24%
Jan 29, 2024$185.37$186.84+0.79%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does F5 Networks (FFIV) report earnings?
F5 Networks (FFIV) is schdueled to report earning on Jan 28, 2025, TBA Not Confirmed.
    What is F5 Networks (FFIV) earnings time?
    F5 Networks (FFIV) earnings time is at Jan 28, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is FFIV EPS forecast?
          FFIV EPS forecast for the fiscal quarter 2025 (Q1) is $3.36.
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            F5 Networks (FFIV) Earnings News

            FFIV Earnings: F5 Networks Spikes on Q3 Beat-and-Raise Results
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            Market News
            FFIV Earnings: F5 Networks Spikes on Q3 Beat-and-Raise Results
            5M ago
            F5 Networks (NASDAQ: FFIV) Gains as Fiscal Q3 Results Beat Estimates
            Premium
            Market News
            F5 Networks (NASDAQ: FFIV) Gains as Fiscal Q3 Results Beat Estimates
            1y ago
            F5 Networks Slides on Soft Guidance
            Premium
            Market News
            F5 Networks Slides on Soft Guidance
            2y ago
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