---
schema_version: "secwatch.filing_event.v1"
accession: "0001048695-23-000007"
form_type: "8-K"
ticker: "FFIV"
cik: "0001048695"
company_name: "F5, INC."
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:28:07.650718+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# F5 Q1 rev $700M (+2% YoY), GAAP EPS $1.20, Non-GAAP $2.47; guides Q2; acquires Lilac Cloud

## Summary
- Revenue $700M (+2% YoY); GAAP net income $72M ($1.20 EPS), down from $94M ($1.51).
- Non-GAAP net income $149M ($2.47 EPS), down from $179M ($2.89).
- Global services revenue +5% YoY; product revenue -1% (software +3%, systems -4%).
- Q2 FY23 guidance: revenue $690-710M, non-GAAP EPS $2.36-2.48; FY23 growth reaffirmed 9-11%.
- Signed acquisition of Lilac Cloud (CDN tech); terms undisclosed; expected close Q2 FY23.

## SEC filing metadata
- accession: 0001048695-23-000007
- form_type: 8-K
- ticker: FFIV
- cik: 0001048695
- company_name: F5, INC.
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048695/000104869523000007/0001048695-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048695/000104869523000007/ffiv-20230124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048695-23-000007
- JSON: https://secwatch.observer/filing/0001048695-23-000007.json
- Plain text: https://secwatch.observer/filing/0001048695-23-000007.txt

## Key facts
- Earnings Releases
  F5, INC. reported second quarter of fiscal year 2023 results: revenue $690 million to $710 million, EPS $2.36 to $2.48 per diluted share. Guidance initiated.
  - Period: second quarter of fiscal year 2023
  - Revenue: $690 million to $710 million
  - EPS: $2.36 to $2.48 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: For the second quarter of fiscal year 2023, F5 expects to deliver revenue in the range of $690 million to $710 million, with non-GAAP earnings in the range of $2.36 to $2.48 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869523000007/0001048695-23-000007-index.htm
- Earnings Releases
  F5, INC. reported first quarter ended December 31, 2022 results: revenue $700 million, net income $72 million, EPS $1.20 per diluted share.
  - Period: first quarter ended December 31, 2022
  - Revenue: $700 million
  - Net income: $72 million
  - EPS: $1.20 per diluted share
  - Result: reported results
  source text: First quarter fiscal year 2023 revenue grew 2% from the year ago period, to $700 million, up from $687 million in fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869523000007/0001048695-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.