Press release
F5 Reports Strong Fourth Quarter Results with 8% Revenue Growth; FY25 Revenue of $3.1 Billion Reflects 10% Annual Growth, Driven by Transformative Industry Trends
SEATTLE--(BUSINESS WIRE)-- F5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API, today announced financial results for its

About this update from F5, Inc.
[{"type":"text","content":" SEATTLE--(BUSINESS WIRE)--\nF5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API, today announced financial results for its fourth quarter and fiscal year 2025 ended September 30, 2025.\n\n\n“Our fourth quarter revenue of $810 million reflects 8% growth year over year, driven by 16% product revenue growth, including 42% growth in systems revenue,” said François Locoh-Donou, F5’s President and CEO. “Our strong fourth quarter results cap an exceptional year where we grew revenue 10% while driving 18% non-GAAP earnings growth.”\n\n\n“Following the recent security incident, our immediate priority remains supporting customers as they evaluate and safeguard their environments,” continued Locoh-Donou. “We are raising the bar on security across all aspects of our business. We are committed to learning from this incident, sharing our insights with customers and peers, and driving collaborative innovation to strengthen the protection of critical infrastructure.”\n\n\nFourth Quarter Performance Summary\n\n\nFourth quarter fiscal year 2025 revenue totaled $810 million, representing 8% growth compared with $747 million in the fourth quarter of fiscal year 2024. Systems revenue of $186 million grew 42% from the year-ago period while software revenue of $229 million was up 0.3%. Global services revenue of $396 million grew 2% from the year-ago period.\n\n\nGAAP gross profit for the fourth quarter of fiscal year 2025 was $666 million, representing GAAP gross margin of 82.2%. This compares with GAAP gross profit of $603 million in the year-ago period, which represented GAAP gross margin of 80.8%. Non-GAAP gross profit for the fourth quarter of fiscal year 2025 was $683 million, representing non-GAAP gross margin of 84.3%. This compares with non-GAAP gross profit of $619 million in the year-ago period, which represented non-GAAP gross margin of 83.0%.\n\n\nGAAP income from operations for the fourth quarter of fiscal year 2025 was $206 million, representing GAAP operating margin of 25.4%. This compares with GAAP income from operations of $191 million in the year-ago period, which represented GAAP operating margin of 25.6%. Non-GAAP income from operations for the period was $299 million, representing non-GAAP operating margin of 37.0%. This compares to non-GAAP income from operations of $257 million in the year-a...