olivLaw · US equity research
F5, Inc. FFIV
Computer Communications Equipment · SIC 3576 · Vertical: Computer Communications Equipment (SIC 3576)
F5, Inc. provides application delivery and security solutions for apps and APIs across hybrid and multicloud environments, with hardware, software and SaaS offerings. In the third quarter of fiscal 2026 revenue grew 11%, and product demand has been rising, making the company relevant to security needs linked to artificial intelligence.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 03 Nov 2026, F5, Inc. (FFIV) stock was 331.15 USD (+2.03% on the day), with market capitalisation 18.8 bn USD, P/E 26.4 on diluted EPS of 12.56 USD over the last 12 months, beta 1.08, 52-week range 223.99–479.83 USD. Latest reported quarter (Q3 2026): revenue of 865.1 m USD (+10.9% YoY), net income of 208.2 m USD (+9.6% YoY), diluted EPS 3.62 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 24.2
- oversold (≤ 30)
- Bollinger (20, 2)
- 328.36 – 534.58
- in the lower half of the band · %B 0.01 · band width 47.8%
- SMA 50 / 200
- 426.47 / 363.83
- mixed trend
- MACD (12, 26, 9)
- -25.03 / -8.47
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −27.1% | −2.0% | −25.1 pp | — |
| 3 months | −19.7% | −2.2% | −17.5 pp | — |
| 6 months | −2.6% | +4.3% | −6.8 pp | — |
| Year to date | +29.7% | +10.6% | +19.2 pp | — |
| 1 year | +33.0% | +10.5% | +22.5 pp | −9.0% |
| 3 years | +114.9% | +73.7% | +41.3 pp | +48.3% |
| 5 years | +48.7% | +61.7% | −13.0 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 746.7 m | 766.5 m | 731.1 m | 780.4 m | 810.1 m | 822.5 m | 811.7 m | 865.1 m |
| Cost of revenue | 143.7 m | 140.5 m | 141.0 m | 148.6 m | 143.9 m | 151.8 m | 150.9 m | 153.6 m |
| Gross profit | 603.0 m | 626.0 m | 590.2 m | 631.7 m | 666.2 m | 670.7 m | 660.8 m | 711.5 m |
| Research & development | 124.0 m | 130.5 m | 136.6 m | 136.3 m | 136.4 m | 141.2 m | 151.0 m | 164.7 m |
| Operating income | 191.0 m | 205.1 m | 158.9 m | 196.3 m | 205.7 m | 214.2 m | 179.0 m | 213.3 m |
| Depreciation & amortisation | 22.9 m | 22.7 m | 22.5 m ≈ | 22.5 m ≈ | 24.8 m | 24.6 m | 24.6 m ≈ | 23.4 m ≈ |
| Pre-tax income | 203.5 m | 209.0 m | 171.2 m | 213.0 m | 215.1 m | 222.9 m | 189.2 m | 226.2 m |
| Income tax | 38.2 m | 42.6 m | 25.7 m | 23.1 m | 24.6 m | 42.9 m | 41.5 m | 18.0 m |
| Net income | 165.3 m | 166.4 m | 145.5 m | 189.9 m | 190.5 m | 180.1 m | 147.8 m | 208.2 m |
| Diluted EPS | 2.80 ≈ | 2.82 | 2.48 | 3.25 | 3.26 ≈ | 3.10 | 2.58 | 3.62 |
| Operating cash flow | 246.5 m | 202.8 m | 256.6 m ≈ | 282.2 m ≈ | 208.1 m | 159.2 m | 365.9 m ≈ | 316.2 m ≈ |
| Capex | 6.1 m | 8.1 m | 10.5 m ≈ | 8.5 m ≈ | 16.1 m | 9.7 m | 18.3 m ≈ | 35.6 m ≈ |
| Share repurchases | 100.5 m | — | — | 125.0 m ≈ | 125.0 m | — | — | 100.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 67 percentile of its own 43-quarter history (min 18.5, median 24.2, max 46.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2 bn | 2.2 bn | 2.4 bn | 2.6 bn | 2.7 bn | 2.8 bn | 2.8 bn | 3.1 bn |
| Revenue YoY | +3.4% | +3.7% | +4.8% | +10.7% | +3.6% | +4.4% | +0.1% | +9.7% |
| Net income | 453.7 m | 427.7 m | 307.4 m | 331.2 m | 322.2 m | 394.9 m | 566.8 m | 692.4 m |
| Net income YoY | +7.8% | −5.7% | −28.1% | +7.7% | −2.7% | +22.6% | +43.5% | +22.2% |
| Diluted EPS | 7.32 | 7.08 | 5.01 | 5.34 | 5.27 | 6.55 | 9.55 | 11.80 |
| Diluted EPS YoY | +12.6% | −3.3% | −29.2% | +6.6% | −1.3% | +24.3% | +45.8% | +23.6% |
| net % | 21.0% | 19.1% | 13.1% | 12.7% | 12.0% | 14.0% | 20.1% | 22.4% |
| Free cash flow | 707.6 m | 644.3 m | 601.0 m | 614.5 m | 409.0 m | 599.2 m | 762.0 m | 906.4 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 30 Sept 2025
- Cash
- 1.3 bn USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 3.6 bn USD
- Total assets
- 6.3 bn USD
- Debt / equity
- unavailable
- Current ratio
- 1.56x
- ROE
- 20.6%
- ROA
- 11.6%
- FCF margin
- 29.4%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 2.4 bn | 2.6 bn | 2.7 bn | 2.8 bn | 2.8 bn | 3.1 bn | SEC (XBRL)· 25 Nov 2025verified |
| Cost of revenue | 407.9 m | 493.1 m | 539.6 m | 593.3 m | 557.6 m | 574.0 m | SEC (XBRL)· 25 Nov 2025verified |
| Gross profit | 1.9 bn | 2.1 bn | 2.2 bn | 2.2 bn | 2.3 bn | 2.5 bn | SEC (XBRL)· 25 Nov 2025verified |
| Research & development | 441.3 m | 512.6 m | 543.4 m | 540.3 m | 490.1 m | 539.8 m | SEC (XBRL)· 25 Nov 2025verified |
| Operating income | 392.3 m | 394.0 m | 403.8 m | 472.6 m | 658.6 m | 765.9 m | SEC (XBRL)· 25 Nov 2025verified |
| Depreciation & amortisation | 95.9 m | 115.4 m | 115.6 m | 112.7 m | 107.0 m | 92.4 m | SEC (XBRL)· 25 Nov 2025verified |
| EBITDA | 488.1 m ≈ | 509.4 m ≈ | 519.4 m ≈ | 585.3 m ≈ | 765.6 m ≈ | 858.3 m ≈ | SEC (XBRL)· 25 Nov 2025derived |
| Pre-tax income | 396.4 m | 386.9 m | 385.4 m | 486.0 m | 695.5 m | 808.3 m | SEC (XBRL)· 25 Nov 2025verified |
| Income tax | 89.0 m | 55.7 m | 63.2 m | 91.0 m | 128.7 m | 116.0 m | SEC (XBRL)· 25 Nov 2025verified |
| Net income | 307.4 m | 331.2 m | 322.2 m | 394.9 m | 566.8 m | 692.4 m | SEC (XBRL)· 25 Nov 2025verified |
| Diluted EPS | 5.01 | 5.34 | 5.27 | 6.55 | 9.55 | 11.80 | SEC (XBRL)· 25 Nov 2025verified |
| Weighted average diluted shares | 61.4 m | 62.1 m | 61.1 m | 60.3 m | 59.4 m | 58.7 m | SEC (XBRL)· 25 Nov 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 849.6 m | 581.0 m | 758.0 m | 797.2 m | 1.1 bn | 1.3 bn | SEC (XBRL)· 25 Nov 2025verified |
| Receivables | 296.2 m | 340.5 m | 470.0 m | 454.8 m | 389.0 m | 414.4 m | SEC (XBRL)· 25 Nov 2025verified |
| Inventories | 27.9 m | 22.1 m | 68.4 m | 35.9 m | 76.4 m | 77.2 m | SEC (XBRL)· 25 Nov 2025verified |
| Current assets | 1.8 bn | 1.6 bn | 1.9 bn | 1.8 bn | 2.1 bn | 2.5 bn | SEC (XBRL)· 25 Nov 2025verified |
| Property, plant & equipment, net | 229.2 m | 191.2 m | 168.2 m | 170.4 m | 150.9 m | 156.9 m | SEC (XBRL)· 25 Nov 2025verified |
| Goodwill | 1.9 bn | 2.2 bn | 2.3 bn | 2.3 bn | 2.3 bn | 2.4 bn | SEC (XBRL)· 25 Nov 2025verified |
| Intangibles (excl. goodwill) | 225.9 m | 237.2 m | 200.3 m | 151.0 m | 111.6 m | 96.3 m | SEC (XBRL)· 25 Nov 2025verified |
| Total assets | 4.7 bn | 5.0 bn | 5.3 bn | 5.2 bn | 5.6 bn | 6.3 bn | SEC (XBRL)· 25 Nov 2025verified |
| Accounts payable | 64.5 m | 62.1 m | 113.2 m | 63.3 m | 67.9 m | 84.0 m | SEC (XBRL)· 25 Nov 2025verified |
| Short-term debt | 19.3 m | 19.3 m | 349.8 m | 0 | — | — | SEC (XBRL)· 14 Nov 2023verified |
| Long-term debt | 369.0 m | 349.8 m | 0 | — | — | — | SEC (XBRL)· 15 Nov 2022verified |
| Current liabilities | 1.3 bn | 1.4 bn | 1.8 bn | 1.5 bn | 1.5 bn | 1.6 bn | SEC (XBRL)· 25 Nov 2025verified |
| Equity | 2.2 bn | 2.4 bn | 2.5 bn | 2.8 bn | 3.1 bn | 3.6 bn | SEC (XBRL)· 25 Nov 2025verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 660.9 m | 645.2 m | 442.6 m | 653.4 m | 792.4 m | 949.7 m | SEC (XBRL)· 25 Nov 2025verified |
| Capex | 59.9 m | 30.7 m | 33.6 m | 54.2 m | 30.4 m | 43.3 m | SEC (XBRL)· 25 Nov 2025verified |
| Free cash flow | 601.0 m ≈ | 614.5 m ≈ | 409.0 m ≈ | 599.2 m ≈ | 762.0 m ≈ | 906.4 m ≈ | SEC (XBRL)· 25 Nov 2025derived |
| Investing cash flow | -747.0 m | -445.3 m | 218.1 m | 36.4 m | -59.2 m | -219.5 m | SEC (XBRL)· 25 Nov 2025verified |
| Financing cash flow | 337.2 m | -468.3 m | -476.5 m | -653.3 m | -457.0 m | -464.8 m | SEC (XBRL)· 25 Nov 2025verified |
| Share repurchases | 100.0 m | 500.0 m | 500.0 m | 350.0 m | 500.6 m | 502.1 m | SEC (XBRL)· 25 Nov 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
03 Nov 2026Source: olivLaw, closing series
Market cap: 18.8 bn USD
Key indicators
Coverage and freshness
Score by group
77% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/Salesunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 81.9% | 100 (on a fixed band) | 14% |
| EBIT margin · Quality | 24.5% | 93 (vs peers) | 11% |
| FCF margin · Quality | 29.3% | 100 (on a fixed band) | 11% |
| Revenue CAGR 3Y · Growth | 4.6% | 19 (on a fixed band) | 22% |
| Revenue growth (YoY) · Growth | 9.7% | 47 (vs peers) | 11% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.7x | 51 (on a fixed band) | 8% |
| EV/Sales · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 5.2% | 100 (on a fixed band) | 17% |
| Shareholder yield (distributions) · Returns | 3.3% | 89 (on a fixed band) | 6% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial51/100 · 1/2 factors with a value
- Growth28/100 · 2/2 factors with a value
- Quality98/100 · 3/3 factors with a value
- Returns89/100 · 1/1 factors with a value
- Valuation· partial100/100 · 1/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
F5, INC. (FFIV). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 3.1 bn USD in 2025; YoY growth 9.7%; net margin 22.0%; ROE 19.8%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Gross margin: 81.9%
- EBIT margin: 24.5%
- FCF margin: 29.3%
- FCF yield: 5.2%
- Shareholder yield (distributions): 3.3%
What contradicts it
- Revenue CAGR 3Y: 4.6%
Not assessed (insufficient data or a ratio without meaning): Net debt / EBITDA, EV/Sales.
Versus the vertical median
Computer Communications Equipment (SIC 3576) · same industry (4-digit SIC) · compared with 15 companies
The size band was not applied: too few companies would have remained; the vertical includes much smaller or larger companies.
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| CSCOCisco Systems, Inc. | 406.0 bn | 30.9 | 27.3% | 21.0% | +11.8% | +34% / +113% |
| ANETArista Networks, Inc. | 214.3 bn | 53.6 | 31.5% | 38.4% | +28.6% | +30% / +209% |
| FFIVF5, Inc. | 18.8 bn | 26.4 | 19.8% | 22.0% | +9.7% | +33% / +115% |
| EXTRExtreme Networks, Inc. | 3.0 bn | 58.0 | 67.1% | 4.0% | +12.6% | +31% / +42% |
| DGIIDigi International Inc. | 2.8 bn | 57.5 | 7.5% | 9.6% | +1.5% | +74% / +208% |
| ATENA10 Networks, Inc. | 1.7 bn | 40.0 | 19.4% | 13.9% | +11.0% | +38% / +91% |
| NTGRNETGEAR, Inc. | 606.6 m | — | -5.3% | -3.7% | +3.8% | −16% / +64% |
| ALLTAllot Ltd. | 421.3 m | 108.3 | 4.5% | 3.6% | +10.6% | −10% / +541% |
| LTRXLantronix, Inc. | 263.9 m | — | -4.3% | -3.5% | −1.6% | +10% / 0% |
| SILCSilicom Ltd. | 181.2 m | — | -9.4% | -18.5% | +6.6% | +112% / +95% |
| BOSCBos Better Online Solutions Ltd | 29.8 m | 7.4 | 14.4% | 7.1% | +26.6% | −9% / +48% |
| CIITTianci International, Inc. | 16.5 m | — | -59.1% | -14.7% | +7.7% | −93% / −96% |
| FOXXFoxx Development Holdings Inc. | 13.3 m | — | — | -100.2% | −20.2% | −58% / −83% |
| INTZIntrusion Inc. | 11.9 m | — | -140.9% | -194.0% | +21.6% | −66% / −93% |
| WLDSWearable Devices Ltd. | 4.2 m | — | -72.3% | -1,253.0% | +23.9% | −92% / −100% |
| HUBCHUB Cyber Security Ltd. | 3.4 m | — | — | -134.5% | −30.7% | −100% / −100% |
1- and 3-year price returns: for FFIV from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 200.20 Total return -40% · Per year -40% | 353.91 Total return 7% · Per year 7% | 533.05 Total return 61% · Per year 61% |
| 3 years | 194.81 Total return -41% · Per year -16% | 387.45 Total return 17% · Per year 5% | 640.68 Total return 93% · Per year 25% |
| 5 years | 189.57 Total return -43% · Per year -11% | 424.18 Total return 28% · Per year 5% | 770.05 Total return 133% · Per year 18% |
- Exit P/E± 96.86
- Net margin± 67.80
- Annual revenue growth± 55.59
- Annual dilution± 5.70
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (27 Oct 2026 · results).
In brief
F5, Inc. provides application delivery and security solutions for apps and APIs across hybrid and multicloud environments, with hardware, software and SaaS offerings. In the third quarter of fiscal 2026 revenue grew 11% 3, and product demand has been rising, making the company relevant to security needs linked to artificial intelligence.
SWOT
Strengths
Weaknesses
- The cyber incident has affected reputation and relations with customers and partners, which could slow sales 1.
- SaaS and managed services revenue declined in fiscal 2025, showing a challenge in the shift to cloud models 1.
- Dependence on an unpredictable sales cycle and end-of-quarter fulfillment makes results hard to forecast 1.
Opportunities
Threats
- Competitive pressure, industry consolidation and new entrants could reduce prices and market share 2.
- Security risks and possible product vulnerabilities could generate legal liability and customer losses 1.
- Global economic uncertainty and currency fluctuations could reduce demand and affect financial results 2.
Risks
- Cyber incidenthigh
Unauthorized access to company systems and file exfiltration could lead to remediation costs, customer losses and litigation 1.
- Product vulnerabilitieshigh
Errors or vulnerabilities in products could lead to remediation expense, higher warranty costs and loss of customer trust 1.
- Hardware component supply chainmedium
Interruptions in the supply of hardware components could affect revenue and margins 2.
- Reliance on distribution partnersmedium
Loss or delay of sales through major distribution partners could affect results 1.
- Currency and tax exposurelow
Exchange rate movements and possible additional tax liabilities could affect financial results 1.
Investment thesis
What would need to be true (bull case)
- Product revenue growth over several consecutive quarters and raised guidance could indicate that demand for security and application delivery is strengthening 3.
- Non-GAAP operating margin in the third quarter was higher year over year, which could point to operating efficiency 3.
- The services revenue base and growing deferred revenue could provide visibility into future periods 2.
What would break the thesis
What to watch
- Fiscal 2026 revenue guidance and fourth-quarter resultsQ4 FY2026
- Sales trends after the cyber incident and normalization of sales cycles2027
- Revenue from SaaS and managed services compared with systems hardwarenext 10-K
- Pace of share repurchases and incident-related costsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (27 Oct 2026 · results).
The business
F5 is headquartered in Seattle, Washington, was incorporated in 1996, and delivers application and API delivery and security solutions. The portfolio includes the F5 BIG-IP, F5 NGINX and F5 Distributed Cloud Services product families, sold as perpetual, subscription, usage-based, SaaS or managed services, and as hardware systems 1. Customers are mainly large enterprises, public sector institutions, governments and service providers, sold through indirect channels across the Americas, EMEA and APAC 1.
The company aims to unify traffic management and security through the F5 Application Delivery and Security Platform, introduced in 2025 1. Its AI strategy has four parts: securing AI workloads, using AI models in its products, building new offerings and partnering with AI leaders 1.
Segments
Systems and software
Product revenues grew 18.5% in fiscal 2025 to 1508.6 million USD 1. Systems made up 46.8% of product revenue, while subscription software made up 33.7% 1.
Services
Services revenue was 1579.4 million USD in fiscal 2025, or 51.1% of the total 1. This category offers more predictable revenue tied to existing maintenance contracts.
Market context
Trends
- AI-driven attacks and security demandtailwind
Management states that artificial intelligence has accelerated attacks, which could increase demand for application and API protection 3. The company links this demand to its continuous defense strategy.
- Cyber incident of 2025headwind
A threat actor maintained persistent access to company systems and exfiltrated files, including portions of BIG-IP source code 1. Management expects near-term disruption to sales cycles early in fiscal 2026, which could affect operating margins 1.
Competitive position
The company says its competitive set is evolving as it expands into application delivery, application security and multicloud networking 1. Key competitive factors include deployment and consumption models, ecosystem integrations, features and performance, support, brand and pricing 1.
Management believes it competes favorably thanks to its broad portfolio and platform approach that integrates security, scalability and management 1. Industry consolidation and new entrants are explicitly named as risks 2.
- Application delivery and security vendors
The sources do not name individual competitors but describe a field that includes application delivery, application security and multicloud networking vendors 1.
- Consolidating security platform vendors
Industry consolidation may lead to more intense competition, a risk the company itself identifies 1.
- New entrants into F5 markets
Management names the possible entry of new competitors into the markets where the company operates 2.
- Cloud and edge service providers
Competition in SaaS and edge areas is cited as a field where the company must perform strongly 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report27 Oct 2026Results of operations · Other events · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report27 Jul 2026Results of operations · Financial statements and exhibits
- Current report23 Jun 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report05 May 2026
- Current report28 Apr 2026Departure or appointment of officers · Other events · Financial statements and exhibits
- Current report28 Apr 2026Results of operations · Financial statements and exhibits
- Current report13 Mar 2026Departure or appointment of officers · Shareholder vote · Financial statements and exhibits
- Quarterly report05 Feb 2026
- Current report27 Jan 2026Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-09-30 · SEC / F5, Inc. · 25 Nov 2025
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / F5, Inc. · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / F5, Inc. · 27 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.