F5, Inc. (FFIV)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-07-08
$419.14+0.49%
Close 2026-07-08 · 1-day change
Reading FFIV? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track FFIV free→NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-07-08
Reading FFIV? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track FFIV free→F5 grows revenue about 11% yearly, reaching $812 million in Q2 2026. Profit margins improved to 33.8%, showing strong cost control. Non-GAAP EPS rose to $3.90, beating guidance. The company has a solid market position in application delivery and security.
Growth could slow below analyst expectations of 7.8% revenue growth. Profit margins might compress if costs rise. Competition in software infrastructure could pressure pricing and demand.
The price is about 3% below our fair value near $431, reflecting roughly 8% revenue growth. Our fair value aligns with the Street median, so the market fairly prices current growth and margin expectations.
Breaks if: EPS falls below $16.4 in FY26
F5 aims to improve its non-GAAP EPS guidance for fiscal year 2026.
Stated in 2 of last 2 quarters. Non-GAAP EPS increased from $3.42 in 2025-Q2 to $3.90 in 2026-Q2, indicating progress towards improved guidance. The trajectory is delivering on the raised EPS guidance.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“F5 expects non-GAAP earnings per share in a range of $16.25 to $16.55, up from $15.65 to $16.05 previously.”
“F5 expects non-GAAP earnings per share in a range of $15.65 to $16.05, up from $14.50 to $15.50 previously.”
Breaks if: Operating margin falls below 31.9% (2025-Q2 level)
F5 aims to enhance its non-GAAP operating margin guidance for fiscal year 2026.
Stated in 2 of last 2 quarters. Non-GAAP operating margin increased from 31.9% in 2025-Q2 to 33.8% in 2026-Q2, showing progress towards enhanced margin guidance. The trajectory is delivering on the improved margin guidance.
“The Company expects to deliver non-GAAP operating margin in a range of 34% to 35%, up from 33.5% to 34.5% previously.”
“The Company expects to deliver non-GAAP operating margin in a range of 33.5% to 34.5%, up from 33% to 34% previously.”
Breaks if: YoY revenue growth falls below 7.8% next year
F5 aims to increase its revenue growth guidance for fiscal year 2026.
Stated in 2 of last 2 quarters. Revenue grew from $731 million in 2025-Q2 to $812 million in 2026-Q2, reflecting an 11% increase. The trajectory is delivering on the raised guidance.
“F5 raised its outlook for its fiscal year 2026, guiding for revenue growth in a range of 7% to 8%, up from 5% to 6% previously.”
“F5 raised its outlook for its fiscal year 2026, guiding for revenue growth in a range of 5% to 6%, up from 0% to 4% previously.”