Anand Eswaran
On April 24, 2026, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Anand Eswaran as a director.
Highest-materiality recent filing
F5 Q3 revenue $865M (+11% YoY); raises FY2026 guidance on strong product growth
Revenue $865M (+11% YoY); product revenue up 19% YoY with systems +32% and software +7%.
F5 appoints Gavin Munroe to board of directors effective June 17, 2026
Munroe will serve on Audit and Risk committees; board expands to 10 members, 9 independent.
F5 Q2 revenue $812M (+11% YoY); raises FY26 revenue guidance to 7-8% growth
Q2 revenue $812M (+11% YoY); product revenue up 22% (systems +26%, software +17%).
F5 appoints Anand Eswaran to board of directors, effective April 24, 2026
Anand Eswaran, CEO of Veeam Software, joins F5's board and its Audit and Talent/Compensation Committees.
F5 shareholders approve 2026 Incentive Award Plan with 3.5M new shares; directors re-elected
3,500,000 new shares authorized under 2026 Incentive Award Plan; passed with ~67% of votes cast (32.4M for, 16.1M against).
F5 Q1 revenue $822M (+7% YoY), non-GAAP EPS $4.45; raises FY26 guidance
GAAP EPS $3.10, non-GAAP EPS $4.45 vs $2.82/$3.84 a year ago.
Q4 revenue $810M (+8% YoY); GAAP EPS $3.26, non-GAAP EPS $4.39, both up from $2.80 and $3.67.
Nation-state threat actor exfiltrated BIG-IP source code and undisclosed vulnerability details; access since August 2025.
F5 to acquire CalypsoAI for $180M to bolster AI security offerings
F5 acquires CalypsoAI for $180M in cash; expected close by Sept 30, 2025 (Q4 FY2025).
F5 Q3 revenue rises 12% to $780M; GAAP EPS $3.25; raises FY guidance; Chair to retire
Q3 revenue $780M (+12% YoY); product revenue up 26% (systems +39%, software +16%).
F5 reports Q2 FY25 revenue $731M (+7% YoY), raises FY25 guidance
Revenue $731M (+7% YoY); systems revenue $179M (+27% YoY) driving growth.
F5 shareholders elect 12 directors, approve say-on-pay, and ratify PwC at 2025 annual meeting
All 12 director nominees elected; votes for ranged from 46.8M to 49.6M, with broker non-votes of 3.7M.
F5 reports Q1 FY25 record revenue $766M, up 11% YoY; raises FY25 guidance
Revenue $766M (+11% YoY); software revenue $209M (+22%), systems $160M (+18%), services $398M (+3%).
CFO Frank Pelzer to retire Nov 18; to serve as consultant through May 2025
Retirement effective upon filing FY2024 10-K, expected Nov 18, 2024.
F5 Q4 revenue $747M (+6%), software up 19%; guides FY25 growth; $1B buyback; new CFO
Q4 GAAP EPS $2.80; non-GAAP EPS $3.67. FY24 GAAP EPS $9.55, non-GAAP $13.37 (double-digit YoY growth).
F5 appoints Maya McReynolds and Julie Gonzalez to board, effective Oct 10
McReynolds is CFO of Dell's Client Solutions Group; Gonzalez is SVP Business Finance at Workday.
F5 appoints COO and CRO; Chief Product Officer to resign in November 2024
Thomas D. Fountain appointed as COO effective August 30, 2024; previously EVP Global Services and Chief Strategy Officer.
F5 CFO Frank Pelzer to retire by end of Q1 2025; Edward Cooper Werner named successor
Frank Pelzer, EVP and CFO, plans to retire during F5's first fiscal quarter ending Dec. 31, 2024.
F5 Q3 FY24 revenue $695M at top of guidance; raises FY EPS growth to ~12%
GAAP EPS $2.44 vs $1.48 YoY; non-GAAP EPS $3.36 vs $3.21 YoY.
Director Sri Shivananda resigns from F5 board effective June 24, 2024
Sri Shivananda resigned due to a change in responsibilities and requirements relating to his current employment.
F5 Q2 revenue $681M (-3% YoY), non-GAAP EPS $2.91 beats; raises FY24 EPS outlook
Software revenue $159M (+20% YoY, driven by +28% subscription growth); systems revenue $142M (-32% YoY).
F5 shareholders elect all 11 director nominees and approve say-on-pay at 2024 annual meeting
All 11 director nominees elected; Michael Dreyer received lowest support at 44.5M for (85.7% of votes cast).
F5 Q1 FY24 GAAP EPS $2.32 (+93% YoY), non-GAAP EPS $3.43 (+39%); raises FY EPS outlook
Revenue $693M (-1% YoY); services revenue +7%, product revenue -10% (systems -22%, software +2%).
Director Marie Myers resigns from F5 board effective Jan 3, 2024
Marie Myers resigned as director and from Audit & Risk Oversight Committee, effective January 3, 2024.
F5 appoints Tami Erwin to board of directors effective October 31, 2023
Erwin will serve on Audit & Risk Oversight and Talent & Compensation Committees.
F5 reports Q4 FY23 revenue $707M (+1%), non-GAAP EPS $3.50 (+33%) and FY23 revenue $2.8B (+4%)
Q4 FY23 revenue $707M (+1% YoY); GAAP EPS $2.55, non-GAAP EPS $3.50 (+33% YoY).
F5 reappoints Michel Combes to board of directors
Michel Combes appointed effective September 29, 2023; previously served from July 2018 to March 2021.
Director James Phillips resigns from F5 board; board size reduced to 10
James Phillips resigned from F5 board effective July 21, 2023, citing a new employment role that changed his professional responsibilities.
F5 Q3 revenue $703M (+4% YoY); non-GAAP EPS $3.21 beats guidance
Revenue $703M (+4% YoY); GAAP EPS $1.48, non-GAAP EPS $3.21 (both up YoY).
F5 updates restructuring cost estimate: $53M total including $8M facility charges
Total restructuring cost estimated at $53M, up from previously disclosed $45M severance.
F5 Q2 revenue up 11% to $703M; cuts 9% of workforce, lowers FY revenue growth guidance
Q2 revenue $703M (+11% YoY); GAAP EPS $1.34, non-GAAP $2.53; systems +43%, software -13%.
F5 shareholders approve increase in equity plan shares and elect directors at 2023 annual meeting
Shareholders approved an increase of 4.5M shares under the Incentive Plan and 2M shares under the ESPP.
F5 Q1 rev $700M (+2% YoY), GAAP EPS $1.20, Non-GAAP $2.47; guides Q2; acquires Lilac Cloud
Revenue $700M (+2% YoY); GAAP net income $72M ($1.20 EPS), down from $94M ($1.51).
F5 director Sandra Bergeron to leave board; Elizabeth Buse to chair Compensation Committee
Sandra Bergeron will not stand for re-nomination at the next Annual Meeting; she will continue as director until then.
F5 EVP Haiyan Song departs; separation agreement includes RSU acceleration and $218,597 payment
Haiyan Song, EVP & GM of Security and Distributed Services, will leave F5 on March 15, 2023.
F5 EVP Haiyan Song to depart; product orgs to report to new CPO Kara Sprague
Haiyan Song, EVP & GM of Security and Distributed Cloud Services, announced departure effective as early as Feb 1, 2023.
F5 reports FY22 revenue up 4% to $2.7B; guides FY23 rev growth 9-11%
Q4 FY22 revenue $700M (+3% YoY); GAAP diluted EPS $1.49, non-GAAP $2.62.
F5 appoints Marianne Budnik to board of directors; brings cybersecurity expertise
Appointment effective October 7, 2022; Budnik will serve on Audit & Risk Oversight Committee.
F5 reports Q3 revenue up 4% to $674M, GAAP EPS $1.37; adds $1B share buyback
Revenue $674M (+4% YoY); software revenue up 38%, systems down 18% due to chip shortages.
F5 Q2 FY22 rev $634M (-2% YoY); software +40%; FY22 growth outlook cut to 1.5-4%
Revenue $634M, down 2% YoY; software revenue grew 40% while systems fell 27% due to chip shortages.
F5 shareholders approve 1.2M share increase to Incentive Plan; all 11 directors elected
Shareholders voted 45.3M for, 6.3M against to increase share reserve by 1.2M shares.
F5 reports Q1 revenue $687M (+10% YoY); cuts FY22 revenue growth outlook to 4.5%-8%
GAAP revenue $687M (+10% YoY); GAAP EPS $1.51 vs $1.41; non-GAAP EPS $2.89 vs $2.59.
F5 appoints Microsoft's James Phillips to board of directors
James Phillips, President of Microsoft's Digital Transformation Platform Group, joins F5 board effective Jan 5, 2022.
F5 Networks changes legal name to F5, Inc. effective November 12, 2021
Legal name changed from F5 Networks, Inc. to F5, Inc., effective November 12, 2021.
F5 Networks Q4 revenue $682M (+11% YoY), EPS $1.80 GAAP, $3.01 non-GAAP; guides Q1 above consensus
Q4 GAAP revenue $682M (+11% YoY); GAAP diluted EPS $1.80 vs $1.26; non-GAAP EPS $3.01 vs $2.43.
F5 acquires Threat Stack for $68M; expects immaterial financial impact
Purchase consideration of $68 million, financed from balance sheet cash.
F5 Networks Q3 FY2021 revenue $652M (+12% YoY), non-GAAP EPS $2.76 vs $2.18
GAAP revenue $652M (+12% YoY); GAAP EPS $1.46 vs $1.14; non-GAAP EPS $2.76 vs $2.18.
On April 24, 2026, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Anand Eswaran as a director.
On April 25, 2025, the Board of Directors (the “Board”) of F5 reviewed and accepted the resignation of Peter Klein from his position as a director of the Company, including his membership on the Audit Committee, effective April 25, 2025.
On October 31, 2024, in connection with the previously announced retirement of Frank Pelzer, Executive Vice President and Chief Financial Officer of F5, Inc. (the “Company”), the Company and Mr. Pelzer entered into a Transition Agreement (the “Transition Agreement”).
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”).
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.
On October 10, 2024, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mses. Julie Gonzalez and Maya McReynolds as directors.
On October 10, 2024, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mses. Julie Gonzalez and Maya McReynolds as directors.
On August 30, 2024, the Board of Directors of F5, Inc. (the “Company” or “F5”) appointed, effective August 30, 2024, Thomas D. Fountain, age 48, as the Company’s Chief Operating Officer (“COO”) (principal operating officer), and Chad Whalen, age 53, as the Company’s Chief Revenue Officer (“CRO”).
On August 30, 2024, the Board of Directors of F5, Inc. (the “Company” or “F5”) appointed, effective August 30, 2024, Thomas D. Fountain, age 48, as the Company’s Chief Operating Officer (“COO”) (principal operating officer), and Chad Whalen, age 53, as the Company’s Chief Revenue Officer (“CRO”).
On August 27, 2024, Kara Sprague, Executive Vice President and Chief Product Officer of F5, Inc., notified the Company that she will resign from her position effective November 2, 2024.
his intended successor, Edward Cooper Werner, the Company’s current Senior Vice President of Finance, who is slated to be appointed upon Mr. Pelzer’s retirement.
On July 26, 2024, Frank Pelzer, Executive Vice President and Chief Financial Officer of F5, Inc. (the “Company”), informed the Company of his plans to retire during the Company’s first fiscal quarter 2025, which ends December 31, 2024.
Max materiality 0.85 · Median 0.60 · Most common event earnings