F5, INC.

10-K & 10-Q Filings

F5, Inc. is a multi-cloud application services and security provider that helps organizations optimize and secure applications and APIs across data centers, clouds, and edge locations. The company's business strategy includes solving multi-cloud application delivery and security challenges, transforming how customers experience F5, and capturing growth in security and software-as-a-service. F5's product portfolio includes F5 Distributed Cloud Services, F5 NGINX, and F5 BIG-IP, which offer solutions for application security, networking, and delivery. The company competes against various technology companies in the markets for application delivery, application security, multi-cloud networking, and policy management. F5's website is www.f5.com, and its ticker symbol is FFIV.

12 mos ending Sep 30, 201212 mos ending Sep 30, 201312 mos ending Sep 30, 201412 mos ending Sep 30, 201512 mos ending Sep 30, 201612 mos ending Sep 30, 201712 mos ending Sep 30, 201812 mos ending Sep 30, 201912 mos ending Sep 30, 202012 mos ending Sep 30, 202112 mos ending Sep 30, 202212 mos ending Sep 30, 20236 mos ending Mar 31, 20236 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$1377.25
1481.31
1732.05
1919.82
1995.03
2090.04
2161.41
2242.45
2350.82
2603.42
2695.84
2813.17
1403.55
1373.95
6.71%-2.11%Cost of Revenue (-)
$236.17
253.05
309.96
332.26
337.20
353.49
361.48
356.58
407.89
493.15
539.63
593.31
310.66
277.50
8.73%-10.67%Gross Profit (+)
$1141.08
1228.27
1422.09
1587.56
1657.83
1736.56
1799.93
1885.87
1942.93
2110.27
2156.22
2219.86
1092.89
1096.45
6.24%0.33%Selling, General & Administrative (-)
$537.37
585.44
664.74
738.08
767.17
809.13
824.52
959.35
1101.54
1203.62
1201.15
1141.62
603.21
541.63
7.09%-10.21%Research & Development (-)
$177.41
209.61
263.79
296.58
334.23
350.37
366.08
408.06
441.32
512.63
543.37
540.28
283.69
241.78
10.65%-14.77%Non-recurring Operating Expenses (-)
$
12.72
18.43
7.80
7.91
65.39
8.74
8.56
-2.04%Operating Expenses (-)
$714.78
797.45
928.53
1034.66
1110.45
1172.60
1209.03
1367.41
1550.67
1716.24
1752.43
1747.29
895.63
791.97
8.47%-11.57%Costs & Expenses (Total) (-)
$950.94
1050.50
1238.49
1366.92
1447.66
1526.09
1570.51
1723.98
1958.56
2209.39
2292.05
2340.60
1206.29
1069.47
8.53%-11.34%Operating Income/Loss (+)
$426.30
430.82
493.56
552.90
547.38
563.96
590.90
518.46
392.27
394.02
403.79
472.57
197.26
304.48
0.94%54.35%Non-operating Income/Expense (+)
$5.91
7.27
3.79
8.45
2.51
11.56
12.86
22.65
4.13
-7.09
-18.40
13.42
7.44
15.86
7.74%113.15%Earnings before Tax (+)
$432.21
438.09
497.34
561.34
549.89
575.52
603.76
541.11
396.40
386.94
385.39
485.99
204.70
320.33
1.07%56.49%Tax Expense (-)
$157.03
160.78
186.16
196.33
184.04
154.76
150.07
113.38
88.96
55.70
63.23
91.04
50.86
62.93
-4.83%23.73%Income/Loss (Continuing Operations) (+)
$275.19
277.31
311.18
365.01
365.85
420.76
453.69
427.73
307.44
331.24
322.16
394.95
153.84
257.40
3.34%67.32%Net Income/Loss (+)
$275.19
277.31
311.18
365.01
365.86
420.76
453.69
427.73
307.44
331.24
322.16
394.95
153.84
257.40
3.34%67.32%Net Income/Loss (Common) (+)
$275.19
277.31
311.18
365.01
365.86
420.76
453.69
427.73
307.44
331.24
322.16
394.95
153.84
257.40
3.34%67.32%EPS (Basic)
$3.48
3.53
4.13
5.07
5.43
6.56
7.41
7.12
5.05
5.46
5.34
6.59
2.55
4.37
5.98%71.37%EPS (Diluted)
$3.45
3.50
4.09
5.03
5.38
6.50
7.32
7.08
5.01
5.34
5.27
6.55
2.54
4.32
6.00%70.08%Weighted Avg Shares (Basic)
79.14
78.56
75.39
71.94
67.43
64.17
61.26
60.04
60.91
60.71
60.27
59.91
60.21
58.96
-2.50%-2.08%Weighted Avg Shares (Diluted)
79.78
79.14
76.09
72.55
67.98
64.78
62.01
60.46
61.38
62.06
61.10
60.27
60.54
59.62
-2.52%-1.52%Cash
$211.18
189.69
281.50
390.46
514.57
673.23
424.71
599.22
849.56
580.98
758.01
797.16
734.54
902.68
12.84%22.89%Short-term Investments
$320.97
352.45
363.88
383.88
367.82
343.70
614.71
373.06
360.33
329.63
126.55
6.16
20.71
0.80
-30.19%-96.13%Receivables
$185.17
204.21
242.24
279.43
268.18
291.92
295.35
322.03
296.18
340.54
469.98
454.83
485.62
388.32
8.51%-20.04%Inventory
$17.41
19.03
24.47
33.72
34.05
29.83
30.57
34.40
27.90
22.05
68.36
35.87
50.74
69.76
6.79%37.47%Other Assets (Current)
$41.35
51.00
86.76
100.65
104.18
120.62
52.33
182.87
259.51
337.90
489.31
554.74
533.55
589.95
26.62%10.57%Assets (Current)
$776.08
816.37
998.85
1188.14
1288.80
1459.31
1417.66
1511.59
1793.48
1611.10
1912.22
1848.77
1825.17
1951.52
8.21%6.92%Securities & Long-term Investments
$662.80
728.98
482.92
397.66
276.38
284.80
411.18
358.40
102.94
132.78
9.54
5.07
4.74
6.34
-35.79%33.93%Property, Plant & Equipment (Net)
$59.60
63.52
66.79
95.91
123.25
122.42
145.04
223.43
529.92
436.10
395.66
365.89
386.06
350.50
17.94%-9.21%Goodwill & Intangibles
$348.24
523.73
556.96
555.97
555.97
555.97
555.97
1065.38
1858.97
2216.55
2259.28
2288.68
2288.64
2312.36
18.67%1.04%Other Assets
$64.47
97.95
79.44
74.62
61.93
58.30
75.63
231.48
392.62
600.75
699.49
739.92
718.64
763.95
24.84%6.30%Assets (Non-current)
$1135.12
1414.18
1186.10
1124.15
1017.52
1021.49
1187.82
1878.69
2884.44
3386.18
3363.97
3399.56
3398.08
3433.15
10.49%1.03%Assets (Total)
$1911.20
2230.55
2184.95
2312.29
2306.32
2480.80
2605.48
3390.28
4677.92
4997.28
5276.19
5248.33
5223.25
5384.67
9.62%3.09%Accounts Payable
$113.44
129.92
152.54
181.22
212.47
238.14
238.74
298.50
385.87
403.58
423.00
346.20
365.49
324.26
10.68%-11.28%Debt (Current)
$
19.27
19.27
349.77
Other Liabilities (Current)
$352.59
421.43
484.44
573.91
631.77
696.46
715.70
807.03
883.13
968.67
1067.18
1126.58
1160.12
1178.16
11.14%1.56%Liabilities (Current)
$466.03
551.35
636.98
755.12
844.24
934.60
954.43
1105.53
1288.28
1391.53
1839.95
1472.78
1525.60
1502.42
11.03%-1.52%Debt (Non-current)
$
707.76
349.77
Other Liabilities
$115.77
140.49
178.66
240.44
276.82
316.81
365.55
522.94
449.61
895.77
967.26
975.32
972.09
948.98
21.38%-2.38%Liabilities (Non-current)
$115.77
140.49
178.66
240.44
276.82
316.81
365.55
523.25
1157.37
1245.54
967.26
975.32
972.09
948.98
21.38%-2.38%Liabilities (Total)
$581.80
691.84
815.64
995.56
1121.06
1251.41
1319.98
1628.47
2445.65
2637.07
2807.22
2448.10
2497.69
2451.40
13.95%-1.85%Retained Earnings
$1006.31
1283.62
1363.14
1321.86
1185.27
1229.76
1287.24
1638.09
1945.53
2187.83
2404.11
2799.05
2557.94
2935.27
9.75%14.75%AOCI
$-3.83
-7.41
-9.58
-15.29
-13.19
-18.00
-22.18
-19.19
-18.72
-20.07
-26.18
-23.22
-22.98
-21.03
8.46%Shareholder's Equity
$1329.40
1538.71
1369.31
1316.73
1185.26
1229.39
1285.49
1761.50
2232.27
2360.21
2468.98
2800.23
2725.56
2933.27
7.01%7.62%Liabilities & Equity
$1911.20
2230.55
2184.95
2312.29
2306.32
2480.80
2605.48
3390.28
4677.92
4997.28
5276.19
5248.33
5223.25
5384.67
9.62%3.09%Net Income/Loss
$275.19
277.31
311.18
365.01
365.86
420.76
453.69
427.73
307.44
331.24
322.16
394.95
153.84
257.40
3.34%67.32%Depreciation & Amortization
$35.14
40.01
46.12
52.58
56.78
61.15
59.49
68.51
95.86
115.42
115.61
112.70
54.82
57.28
11.18%4.50%Increase/Decrease in Working Capital
$-91.94
-76.85
-64.95
-132.19
-126.96
-87.74
-68.03
-65.10
2.58
47.63
250.29
25.73
9.63
23.71
146.15%Share-based Compensation
$95.35
104.21
127.16
145.55
156.76
175.33
157.85
162.91
201.95
243.28
249.22
236.65
126.91
111.14
8.62%-12.43%Adjustments to Reconcile Net Income
$220.25
222.38
237.81
319.53
345.68
319.52
307.38
320.11
353.46
313.95
120.47
258.46
144.72
129.55
1.46%-10.48%Net Cash (Operating)
$495.44
499.69
548.99
684.54
711.53
740.28
761.07
747.84
660.90
645.20
442.63
653.41
298.55
386.95
2.55%29.61%Capital Expenditure
$158.45
239.22
72.16
67.09
68.24
42.68
52.47
715.09
1015.51
441.97
101.53
89.23
58.80
51.44
-5.09%-12.51%Net Cash (Investing)
$-352.28
-352.47
150.64
-10.70
62.72
-32.28
-455.99
-414.63
-747.00
-445.33
218.12
36.39
52.37
-47.02
-189.79%Increase/Decrease in Debt
$
390.00
-20.00
-20.00
-350.00
-350.00
Increase/Decrease in Equity
$-159.60
-170.41
-615.24
-566.42
-655.25
-553.05
-551.26
-155.45
-50.22
-434.25
-435.48
-290.09
-17.54
-227.47
-1196.58%Interest Expenses
$
6.57
5.28
7.98
2.97
2.97
Net Cash (Financing)
$-149.23
-166.32
-604.96
-556.90
-652.65
-546.03
-551.26
-155.45
337.24
-468.28
-476.51
-653.30
-377.37
-236.14
37.42%Cash Taxes Paid
$145.87
156.83
169.42
189.24
164.36
162.94
104.88
100.57
80.24
99.38
110.04
191.57
2.51%Effect of Exchange Rate
$0.47
-2.39
-2.86
-7.98
2.50
-3.31
-2.34
-1.40
-0.57
-0.07
-6.37
2.13
2.98
1.78
14.70%-40.28%Increase/Decrease in Cash
$-6.07
-19.09
94.67
177.76
251.14
-268.42
184.24
36.50
-26.45
103.79
492.49%Cash (Beginning)
$216.78
211.18
189.69
281.50
390.46
514.57
673.23
602.25
852.83
584.33
762.21
762.21
800.84
12.11%5.07%Cash (Ending)
$211.18
189.69
281.50
390.46
514.57
673.23
424.71
852.83
584.33
762.21
800.84
738.74
906.41
12.88%22.70%NOPAT
$282.42
276.59
325.42
366.51
383.77
404.29
488.26
422.10
312.87
292.83
288.50
286.29
148.25
244.66
0.12%65.04%Gross Margin %
82.85%
82.92%
82.10%
82.69%
83.10%
83.09%
83.28%
84.10%
82.65%
81.06%
79.98%
78.91%
77.87%
79.80%
Operating Margin %
30.95%
29.08%
28.50%
28.80%
27.44%
26.98%
27.34%
23.12%
16.69%
15.13%
14.98%
16.80%
14.05%
22.16%
NOPAT Margin %
20.51%
18.67%
18.79%
19.09%
19.24%
19.34%
22.59%
18.82%
13.31%
11.25%
10.70%
10.18%
10.56%
17.81%
Net Margin %
19.98%
18.72%
17.97%
19.01%
18.34%
20.13%
20.99%
19.07%
13.08%
12.72%
11.95%
14.04%
10.96%
18.73%
Tax Rate %
33.75%
35.80%
34.07%
33.71%
29.89%
28.31%
17.37%
18.59%
20.24%
25.68%
28.55%
39.42%
24.85%
19.64%
ROA
14.78%
12.40%
14.89%
15.85%
16.64%
16.30%
18.74%
12.45%
6.69%
5.86%
5.47%
5.45%
2.84%
4.54%
ROE
21.24%
17.98%
23.77%
27.83%
32.38%
32.88%
37.98%
23.96%
14.02%
12.41%
11.69%
10.22%
5.44%
8.34%
ROIC
61.61%
44.76%
48.65%
53.21%
58.81%
64.92%
75.52%
36.16%
14.75%
12.26%
11.51%
11.37%
6.16%
10.43%
Asset Turnover
0.72
0.66
0.79
0.83
0.87
0.84
0.83
0.66
0.50
0.52
0.51
0.54
0.27
0.26
Inventory Turnover
13.57
13.30
12.67
9.85
9.90
11.85
11.83
10.37
14.62
22.36
7.89
16.54
6.12
3.98
Equity Multiplier
1.44
1.45
1.60
1.76
1.95
2.02
2.03
1.92
2.10
2.12
2.14
1.87
1.92
1.84
Current Ratio
1.67
1.48
1.57
1.57
1.53
1.56
1.49
1.37
1.39
1.16
1.04
1.26
1.20
1.30
Quick Ratio
1.54
1.35
1.39
1.40
1.36
1.40
1.40
1.17
1.17
0.90
0.74
0.85
0.81
0.86
Debt/Equity Ratio
0.33
0.16
0.14
Interest Coverage Ratio
59.72
74.63
50.59
159.11
66.42
Working Capital/Sales
0.04
0.02
0.03
0.02
-0.01
-0.03
-0.03
-0.05
-0.11
-0.10
-0.06
-0.05
-0.19
-0.23
R&D/Sales
0.13
0.14
0.15
0.15
0.17
0.17
0.17
0.18
0.19
0.20
0.20
0.19
0.20
0.18
Total Payout
$159.60
170.41
615.24
566.42
655.25
553.05
551.26
155.45
-333.21
459.53
463.46
643.06
370.51
227.47
13.51%-38.61%Payout Ratio %
56.51%
61.61%
189.06%
154.54%
170.74%
136.80%
112.90%
36.83%
-106.50%
156.93%
160.64%
224.62%
249.93%
92.97%