---
schema_version: "secwatch.filing_event.v1"
accession: "0001048695-24-000009"
form_type: "8-K"
ticker: "FFIV"
cik: "0001048695"
company_name: "F5, INC."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:41:47.422212+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# F5 Q1 FY24 GAAP EPS $2.32 (+93% YoY), non-GAAP EPS $3.43 (+39%); raises FY EPS outlook

## Summary
- Revenue $693M (-1% YoY); services revenue +7%, product revenue -10% (systems -22%, software +2%).
- GAAP operating margin 23.8% vs 13.0% YoY; non-GAAP operating margin 35.5% vs 26.5% YoY.
- Q2 FY24 guidance: revenue $675M–$695M, non-GAAP EPS $2.79–$2.91.
- FY24 non-GAAP EPS growth outlook raised to 6%-8% (from 5%-7%) on lower expected tax rate.

## SEC filing metadata
- accession: 0001048695-24-000009
- form_type: 8-K
- ticker: FFIV
- cik: 0001048695
- company_name: F5, INC.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000009/0001048695-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000009/ffiv-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048695-24-000009
- JSON: https://secwatch.observer/filing/0001048695-24-000009.json
- Plain text: https://secwatch.observer/filing/0001048695-24-000009.txt

## Key facts
- Earnings Releases
  F5, INC. reported first quarter ended December 31, 2023 results: revenue $693 million, net income $138 million, EPS $2.32 per diluted share. Guidance raised.
  - Period: first quarter ended December 31, 2023
  - Revenue: $693 million
  - Net income: $138 million
  - EPS: $2.32 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: assist our customers in addressing exactly these challenges.” First Quarter Performance Summary First quarter fiscal year 2024 revenue declined 1% from the year-ago period, to $693 million, compared with $700 million in the first quarter of fiscal year 2023. Global services revenue grew 7% from the year-ago period while product revenue declined 10%, reflecting 2%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000009/0001048695-24-000009-index.htm

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