F5 Q3 Revenue Beats, FY Outlook Raised on 19% Product Growth
FFIV sits 85% above its 52-week low of $223.76 on elevated volume (2.2× avg).
Summary
F5 delivered a strong Q3 with revenue of $865M, up 11% YoY and well above the $832.55M consensus. Non-GAAP EPS of $4.73 crushed the $4.00 estimate. The beat was driven by 19% product revenue growth, including a 32% surge in systems. Management raised its full-year FY2026 revenue growth outlook to 9%-10% from 7%-8% and lifted non-GAAP EPS guidance to $17.21-$17.33 from $16.25-$16.55. This follows the earlier Q4 revenue guide of $870M-$890M, also above consensus, and builds on the April outlook raise. The stock is trading near its 52-week high, reflecting sustained momentum in application security demand.
At the time of this announcement, FFIV was trading at $414.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $23B. The 52-week trading range was $223.76 to $435.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.