---
schema_version: "secwatch.filing_event.v1"
accession: "0001048695-24-000060"
form_type: "8-K"
ticker: "FFIV"
cik: "0001048695"
company_name: "F5, INC."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:21:03.604238+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# F5 Q2 revenue $681M (-3% YoY), non-GAAP EPS $2.91 beats; raises FY24 EPS outlook

## Summary
- Software revenue $159M (+20% YoY, driven by +28% subscription growth); systems revenue $142M (-32% YoY).
- GAAP EPS $2.00 (up from $1.34); non-GAAP EPS $2.91 (up from $2.53); operating margin expanded to 20.5% GAAP, 30.9% non-GAAP.
- Q3 FY2024 guidance: revenue $675M-$695M, non-GAAP EPS $2.89-$3.01 per diluted share.
- FY2024 revenue outlook unchanged (flat to -2% YoY); raised FY2024 non-GAAP EPS growth outlook to 7%-9% from prior 6%-8%.

## SEC filing metadata
- accession: 0001048695-24-000060
- form_type: 8-K
- ticker: FFIV
- cik: 0001048695
- company_name: F5, INC.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000060/0001048695-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000060/ffiv-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048695-24-000060
- JSON: https://secwatch.observer/filing/0001048695-24-000060.json
- Plain text: https://secwatch.observer/filing/0001048695-24-000060.txt

## Key facts
- Earnings Releases
  F5, INC. reported second quarter ended March 31, 2024 results: revenue $681 million, net income $119 million, or $2.00 per diluted share, EPS $2.00 per diluted share. Guidance raised.
  - Period: second quarter ended March 31, 2024
  - Revenue: $681 million
  - Net income: $119 million, or $2.00 per diluted share
  - EPS: $2.00 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: disparate infrastructure environments and applications.” Second Quarter Performance Summary Second quarter fiscal year 2024 revenue declined 3% from the year-ago period, to $681 million, compared with $703 million in the second quarter of fiscal year 2023. Software revenue of $159 million grew 20% from the year-ago period, powered by 28% subscription software
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000060/0001048695-24-000060-index.htm

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