---
schema_version: "secwatch.filing_event.v1"
accession: "0001048695-24-000154"
form_type: "8-K"
ticker: "FFIV"
cik: "0001048695"
company_name: "F5, INC."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:35:14.873598+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# F5 Q4 revenue $747M (+6%), software up 19%; guides FY25 growth; $1B buyback; new CFO

## Summary
- Q4 GAAP EPS $2.80; non-GAAP EPS $3.67. FY24 GAAP EPS $9.55, non-GAAP $13.37 (double-digit YoY growth).
- Software revenue $228M (+19% YoY) offset systems decline; total FY24 revenue $2.82B flat YoY.
- FY25 guidance: revenue growth 4-5%; non-GAAP EPS growth 5-7% (10% tax-neutral). Q1 revenue $705-725M.
- Board authorized additional $1B share repurchase, incremental to $422M remaining in existing program.
- Edward Cooper Werner appointed EVP & CFO; salary $500K, bonus 80%, $2.4M RSU grant; effective after 10-K filing.

## SEC filing metadata
- accession: 0001048695-24-000154
- form_type: 8-K
- ticker: FFIV
- cik: 0001048695
- company_name: F5, INC.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000154/0001048695-24-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000154/ffiv-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001048695-24-000154
- JSON: https://secwatch.observer/filing/0001048695-24-000154.json
- Plain text: https://secwatch.observer/filing/0001048695-24-000154.txt

## Key facts
- Executive change
  Edward Cooper Werner was appointed as Executive Vice President and Chief Financial Officer at F5, INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On October 25, 2024, the Company’s Board of Directors (the “Board”) took action to appoint Edward Cooper Werner as its next Executive Vice President (“EVP”) and Chief Financial Officer (“CFO”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000154/0001048695-24-000154-index.htm
- Executive change
  Frank Pelzer retired as Executive Vice President and Chief Financial Officer at F5, INC..
  - Action: retired
  - Role: Executive Vice President and Chief Financial Officer
  source text: Mr. Werner will assume his role effective on the first business day following the filing with the Securities and Exchange Commission of the Company’s Form 10-K for the Company’s 2024 fiscal year and the related retirement of the Company’s current EVP and CFO, Frank Pelzer, consistent with the Company’s public announcement on July 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1048695/000104869524000154/0001048695-24-000154-index.htm

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