F5, INC. — fact timeline

F5, INC. reported second quarter of fiscal year 2026 ended March 31, 2026 results: revenue $812 million, net income $148 million, EPS $2.58 per diluted share. Guidance raised.

“F5 Reports Second Quarter Results with 11% Revenue Growth Including 22% Product Growth SEATTLE - April 28, 2026 - F5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API, today announced financial results for its second quarter fiscal year 2026 ended March 31, 2026. “Our second quarter revenue of $812 million grew 11% year over year”

Anand Eswaran was appointed as Director at F5, INC..

“On April 24, 2026, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Anand Eswaran as a director.”

F5, INC. disclosed a cybersecurity incident: A highly sophisticated nation-state threat actor gained unauthorized access to certain Company systems, maintained long-term persistent access to BIG-IP product development environment and engineering knowledge management platform, exfiltrated files including portions of BIG-IP source code and infor. Impact: The incident has not had a material impact on operations; the Company is evaluating the impact on financial condition or results of operations. No evidence of modification to software supply chain, access to CRM/financial/support case management/iHealth systems, or access to NGINX source code or F5. Materiality is still being assessed. Discovered 2025-08-09.

“As of the date of this disclosure, this incident has not had a material impact on the Company’s operations, and the Company is evaluating the impact this incident may reasonably have on its financial condition or results of operations.”

Peter Klein resigned as Director at F5, INC..

“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.”

Frank Pelzer resigned as Chief Financial Officer at F5, INC..

“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”).”

Frank Pelzer retired as Executive Vice President and Chief Financial Officer at F5, INC..

“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.”

Edward Cooper Werner was appointed as Executive Vice President and Chief Financial Officer at F5, INC..

“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”).”

Maya McReynolds was appointed as Director at F5, INC..

“On October 10, 2024, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mses. Julie Gonzalez and Maya McReynolds as directors.”

Julie Gonzalez was appointed as Director at F5, INC..

“On October 10, 2024, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mses. Julie Gonzalez and Maya McReynolds as directors.”

Kara Sprague resigned as Executive Vice President and Chief Product Officer at F5, INC..

“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.”

Chad Whalen was appointed as Chief Revenue Officer at F5, INC..

“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”).”

Thomas D. Fountain was appointed as Chief Operating Officer at F5, INC..

“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”).”

Edward Cooper Werner was appointed as Chief Financial Officer at F5, INC..

“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.”

Frank Pelzer departed as Executive Vice President and Chief Financial Officer at F5, INC..

“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.”

Sri Shivananda resigned as Director at F5, INC..

“On June 18, 2024, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) reviewed and accepted the resignation of Sri Shivananda from his position as a director of the Company, including his membership on each of the Risk Committee and Talent and Compensation Committee, effective June 24, 2024.”

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.

“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”

F5, INC. shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2024 at the 2024-03-14 meeting.

“Item 3 : Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2024: For Against Abstain 51,102,724 2,913,400 93,041”

F5, INC. shareholders approved Advisory vote on the approval of the compensation of the Company’s named executive officers at the 2024-03-14 meeting.

“Item 2 : Advisory vote on the approval of the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes 45,969,645 3,997,537 28,869 4,113,114”

F5, INC. shareholders approved Election of eleven directors to hold office until the annual meeting of shareholders for fiscal year 2024 and until their successors are elected and qualified at the 2024-03-14 meeting.

“On March 14, 2024, at the annual meeting of shareholders for fiscal year 2023 (the “Annual Meeting”), the shareholders of F5, Inc. (the “Company”) voted on: (1) the election of eleven directors to hold office until the annual meeting of shareholders for fiscal year 2024 and until their successors are elected and qualified”

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.

“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%”

Marie Myers resigned as Director at F5, INC..

“On January 3, 2024, Marie Myers resigned from her position as a director of F5, Inc.”

Tami Erwin was appointed as Director at F5, INC..

“On October 31, 2023, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Ms. Tami Erwin as a director.”

F5, INC. reported first quarter of fiscal year 2024 results: revenue $675 million to $695 million, EPS $2.97 to $3.09 per diluted share. Guidance initiated.

“For the first quarter of fiscal year 2024, F5 expects to deliver revenue in the range of $675 million to $695 million, with non-GAAP earnings in the range of $2.97 to $3.09 per diluted share.”

F5, INC. reported fourth quarter ended September 30, 2023 results: revenue $707 million, net income $152 million, EPS $2.55 per diluted share.

“Fourth quarter fiscal year 2023 revenue grew 1% from the year-ago period, to $707 million”

F5, INC. reported fiscal year ended September 30, 2023 results: revenue $2.8 billion, net income $395 million, EPS $6.55 per diluted share.

“Fiscal year 2023 revenue grew 4% from the year-ago period, to $2.8 billion”

F5, INC. reported financial results for its fourth quarter ended September 30, 2023.

“On October 24, 2023, F5, Inc. (the "Company") issued a press release regarding its financial results for the fourth quarter ended September 30, 2023.”

Michel Combes was appointed as Director at F5, INC..

“On September 29, 2023, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Michel Combes as a director.”

James Phillips resigned as Director at F5, INC..

“On July 21, 2023, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) reviewed and accepted the resignation of James Phillips from his position as a director of the Company, including his membership on each of the Talent and Compensation Committee and the Nominating and Environmental, Social and Governance (ESG) Committee, effective immediately.”

F5, INC. reported third quarter ended June 30, 2023 results: revenue $703 million, net income $89 million, EPS $1.48 per diluted share. Guidance initiated.

“optimize the applications and APIs that power their businesses.” Third Quarter Performance Summary Third quarter fiscal year 2023 revenue grew 4% from the year ago period, to $703 million, up from $674 million in fiscal year 2022. Global services revenue grew 8% from the year-ago period while product revenue grew 1%, reflecting 5% systems revenue growth and”

F5, INC. announced a restructuring with charges of Cost adjustments including reduction in force affecting approximately 620 employees and reduction of leased facilities, with estimated total restructuring costs affecting global workforce and leased facilities (approximately 620 employees, or approximately 9% of the Company's global workforce).

“As previously announced on April 19, 2023 and disclosed in the Original Report, the management of the Company initiated cost adjustments to better align strategic and financial objectives, optimize operations, and drive efficiencies for long-term growth and profitability, including a reduction in force affecting approximately 620 employees, or approximately 9% of the Company’s global workforce as of April 19, 2023.”

F5, INC. reported second quarter ended March 31, 2023 results: revenue $703 million, net income $81 million, EPS $1.34 per diluted share. Guidance lowered.

“their hybrid and multi cloud application environments.” Second Quarter Performance Summary Second quarter fiscal year 2023 revenue grew 11% from the year ago period, to $703 million, up from $634 million in fiscal year 2022. Global services revenue grew 8% from the year-ago period while product revenue grew 14%, reflecting 43% systems revenue growth and”

F5, INC. announced a restructuring with charges of approximately $45 million in severance benefits costs (approximately 620 employees).

“estimates the expenses associated with the headcount reductions will result in annualized savings of approximately $130 million. The Company expects it will incur approximately $45 million in severance benefits costs related to restructuring and other charges related to these actions in fiscal year 2023. The Company will also reduce some of its leased facilities”

F5, INC. shareholders approved Advisory vote on the frequency of the advisory vote on the approval of the compensation of the Company's named executive officers.

“Item 6 : Advisory vote on the frequency of the advisory vote on the approval of the compensation of the Company's named executive officers: One Year Two Years Three Years Abstain 50,249,863 55,174 787,262 33,400”

F5, INC. shareholders approved Advisory vote on the approval of the compensation of the Company's named executive officers.

“Item 5 : Advisory vote on the approval of the compensation of the Company's named executive officers: For Against Abstain Broker Non-Votes 44,405,191 6,662,165 58,343 3,945,866”

F5, INC. shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023.

“Item 4 : Ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023: For Against Abstain 53,163,051 1,878,257 30,257”

F5, INC. shareholders approved Approval of the ESPP to increase the number of shares of common stock issuable under the ESPP by an additional 2,000,000 shares.

“Item 3 : Approval of the ESPP to increase the number of shares of common stock issuable under the ESPP by an additional 2,000,000 shares: For Against Abstain Broker Non-Votes 50,523,070 571,584 31,045 3,945,866”

F5, INC. shareholders approved Approval of the Incentive Plan to increase the number of shares of common stock issuable under the Incentive Plan by an additional 4,500,000 shares.

“Item 2 : Approval of the Incentive Plan to increase the number of shares of common stock issuable under the Incentive Plan by an additional 4,500,000 shares: For Against Abstain Broker Non-Votes 35,794,039 15,283,545 48,115 3,945,866”

F5, INC. shareholders approved Election of eleven directors to hold office until the annual meeting of shareholders for fiscal year 2023 and until their successors are elected and qualified.

“Item 1 : Election of eleven directors to hold office until the annual meeting of shareholders for fiscal year 2023: Name of Director For Against Abstain Broker Non-Votes Marianne N. Budnik 50,851,207 236,253 38,239 3,945,866 Elizabeth L. Buse 48,206,612 2,880,848 38,239 3,945,866 Michael L. Dreyer 47,212,736 3,871,011 41,952 3,945,866 Alan J. Higginson 47,597,232 3,486,483 41,984 3,945,866 Peter S. Klein 45,305,569 5,777,017 43,113 3,945,866 François Locoh-Donou 50,797,016 294,720 33,963 3,945,866 Nikhil Mehta 49,035,165 2,049,999 40,535 3,945,866 Michael F. Montoya 49,582,861 1,501,845 40,993 3,945,866 Marie E. Myers 43,056,340 8,029,070 40,289 3,945,866 James M. Phillips 49,486,158 1,596,524 43,017 3,945,866 Sripada Shivananda 49,578,162 1,504,313 43,224 3,945,866”

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.

“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.”

F5, INC. reported first quarter ended December 31, 2022 results: revenue $700 million, net income $72 million, EPS $1.20 per diluted share.

“First quarter fiscal year 2023 revenue grew 2% from the year ago period, to $700 million, up from $687 million in fiscal year 2022.”

Sandra Bergeron departed as Director at F5, INC..

“On January 15, 2023, F5, Inc. (the “Company”) director Sandra Bergeron informed the Company's Board of Directors that she would not be standing for re-nomination as a director at the next Annual Meeting of Shareholders (the “Annual Meeting”).”

Haiyan Song departed as Executive Vice President and General Manager of Security and Distributed Services at F5, INC..

“On January 4, 2023, in connection with the previously announced departure of Haiyan Song, Executive Vice President and General Manager of Security and Distributed Services of F5, Inc. (the “Company”), the Company and Ms. Song finalized her transition plan and entered into a separation arrangement.”

Kara Sprague was appointed as Chief Product Officer at F5, INC..

“On October 27, 2022, Haiyan Song, the Company’s Executive Vice President and General Manager of Security and Distributed Cloud Services, announced her intention to leave F5 in conjunction with the transition of all F5 product organizations to report into Kara Sprague as the Company’s newly designated Chief Product Officer.”

Haiyan Song departed as Executive Vice President and General Manager of Security and Distributed Cloud Services at F5, INC..

“On October 27, 2022, Haiyan Song, the Company’s Executive Vice President and General Manager of Security and Distributed Cloud Services, announced her intention to leave F5 in conjunction with the transition of all F5 product organizations to report into Kara Sprague as the Company’s newly designated Chief Product Officer.”

Marianne Budnik was appointed as director at F5, INC..

“On October 7, 2022, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Ms. Marianne Budnik as a director.”

James M. Phillips was appointed as director at F5, INC..

“On January 5, 2022, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. James M. Phillips as a director.”