F5 Inc (NASDAQ: FFIV) is an application delivery and security company that sells hardware, software, and SaaS products enabling organizations to deliver and secure applications across on-premises, cloud, co-located, and edge environments. Revenue comes from a mix of hardware product sales, software licenses, subscriptions, and support services, with contracts typically bundling multiple performance obligations allocated at standalone selling prices. F5's three product families cover distinct deployment needs: BIG-IP for traditional applications in on-premises and co-located or cloud environments, NGINX for container-native and microservices-based applications and APIs, and Distributed Cloud Services as a SaaS and managed-services portfolio for both traditional and modern applications. The company positions itself as the only provider supporting both legacy and modern application delivery and security needs across any environment. François Locoh-Donou serves as CEO and President, as of the 10-K filed November 25, 2025.

Revenue model

F5 earns revenue through hardware product sales, software licenses, subscription services, and support contracts. Contracts frequently combine these elements, with consideration allocated to each performance obligation based on standalone selling price. The filing does not disclose segment revenue percentages in the provided excerpts.

Products and services

F5 BIG-IP: application delivery and security for traditional applications, deployable on-premises, in co-located data centers, or in cloud environments. F5 NGINX: application delivery and security optimized for container-native, microservices, and API workloads. F5 Distributed Cloud Services: SaaS and managed services portfolio for both traditional and modern applications.

Customers and end markets

Customers use F5 products to deliver and secure applications across hybrid and multi-cloud environments. End markets span organizations running both legacy and modern application architectures. The filing does not disclose specific customer names, customer concentration figures, or industry vertical breakdowns in the provided excerpts.

Value-chain role

F5 sits between application infrastructure and end users, providing application delivery controllers, security services, and SaaS-based traffic management and security for enterprise and service-provider networks.

Geographic exposure

The filing does not provide geographic revenue breakdowns in the provided excerpts.

Source: SEC 10-K, filed 2025-11-25

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