Tue, May 6, 5:48 PM (5 days ago)
**F5, Inc. (FFIV) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Q1 2025 revenue was $731.1 million, up 7.3% YoY. Six-month revenue was $1.498 billion, up 9.0% YoY. Product revenue increased 12.3% YoY in Q1 and 16.4% in six months. Service revenue grew 3.3% YoY in Q1 and 3.1% in six months. - **Profit Margins:** Gross margin was 80.7% in Q1 2025, up from 79.3% in Q1 2024. Operating margin was 21.7% in Q1 2025, up from 20.5% in Q1 2024. - **Net Income:** Q1 2025 net income was $145.5 million, up 22.3% YoY. Six-month net income was $312.0 million, up 21.5% YoY. - **Cash Flow:** Operating cash flow was $459.4 million for the six months ended March 31, 2025, up from $386.9 million in the same period last year. **Earnings & Trends:** - **Earnings Growth:** Q1 2025 EPS was $2.51, up 24.3% YoY. Six-month EPS was $5.37, up 22.9% YoY. - **Trends:** F5 saw increased demand for its application delivery and security solutions, driven by growth in product revenue and maintenance contracts. International revenues represented 48.9% of total net revenues in Q1 2025. **Uncertainties & Future Operations:** - **Macroeconomic Conditions:** F5's performance is subject to global economic conditions, which may impact customer demand and spending. - **Legal Proceedings:** F5 is involved in legal proceedings, including a lawsuit related to NGINX software, which may have financial implications. - **Future Operations:** F5 plans to continue investing in R&D, sales and marketing, and strategic acquisitions to drive growth. The company also intends to repurchase shares under its stock repurchase program. **Impact on Future Operations:** - **Stock Repurchase:** F5 has $1.172 billion remaining authorized for share repurchases, which may impact earnings per share and cash flow. - **Investments:** F5's investments in growth initiatives and strategic acquisitions may affect future financial performance. - **Legal Proceedings:** The outcome of legal proceedings may have financial implications for F5.