F5 Networks ( (FFIV) ) has released its Q2 earnings. Here is a breakdown of the information F5 Networks presented to its investors.
F5, Inc. is a leading technology company specializing in application delivery and security solutions, catering to hybrid multicloud environments. The company is renowned for its innovative platform that ensures the delivery and security of applications and APIs across various infrastructures.
In its second quarter of fiscal year 2025, F5 reported robust financial results with a 7% increase in revenue, reaching $731 million. This growth was primarily driven by a 27% rise in systems revenue, highlighting the company’s strong performance in product sales.
Key financial metrics for the quarter include a GAAP gross profit of $590 million with a margin of 80.7%, and a non-GAAP gross profit of $607 million with a margin of 83.1%. The company also reported a GAAP net income of $146 million, translating to $2.48 per diluted share, and a non-GAAP net income of $201 million, or $3.42 per diluted share. These figures reflect significant year-over-year improvements in profitability.
Looking ahead, F5 has raised its revenue guidance for fiscal year 2025, anticipating growth between 6.5% and 7.5%, alongside an increase in non-GAAP earnings per share expectations. The company remains optimistic about its future performance, driven by strong demand for its systems and a solid base of subscription software renewals.