Q2FY24 Results

“We delivered a solid second quarter, with revenue near the midpoint of our guidance range and earnings per share at the high end of our guidance in an environment where customers remain cautious and are forecasting largely flat IT budgets for calendar 2024. During the quarter, our software subscription renewals continued to perform well, driving 20% total software revenue growth compared to a year ago, including 28% subscription revenue growth.”

François Locoh-Donou
CEO & President

About F5

$2.8B
$2.8B
FY23 revenue
82.7%
82.7%
FY23 non-GAAP gross margin
$910M
$910M
Cash and investments
(as of Q2FY24)

Our Promise

A force for a better digital world​ 

Our customers have a vision for redefining what’s possible—ideas that will help the world work, play, and live better. F5 gives companies the tools they need to build safer, deploy faster, and work smarter, so they’re not just reacting to change—they’re driving it. We help businesses continuously adapt and stay ahead of threats so that they can focus on creating the next exceptional experience for their customers. 

Our Values

We also care deeply about how we do it. Our culture is how we live, every single day. And it’s producing extraordinary results not only for our customers, but also for our employees.

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