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F5 Inc

f5.com

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.

Products & 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.

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.

Customers & 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.

Geographic Exposure

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

Financial Snapshot

Revenue
TTM
$3.309B
Gross Margin
TTM
81.86%
Net Income
TTM
$726.5M
Current Assets
2026 Q2
$2.947B
Current Liabilities
2026 Q2
$1.770B
Current Ratio
2026 Q2
166.48%
Total Assets
2026 Q2
$6.829B
Total Liabilities
2026 Q2
$2.973B
Book Value
2026 Q2
3.856B
Cash
2026 Q2
$1.606B
P/E
TTM
31.26
Free Cash Flow
TTM
$969.6M

Stock Price

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Market Cap: $22.713 Billion

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