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NASDAQ:FFIV
F5 Networks Stock Earnings Reports
$262.46
+5.04 (+1.96%)
At Close: Mar 14, 2025
F5 Networks Earnings Calls
Q4 2024
Beat
$3.84 (14.29%)
| Release date | Jan 28, 2025 |
| EPS estimate | $3.36 |
| EPS actual | $3.84 |
| EPS Surprise | 14.29% |
| Revenue estimate | 716.479M |
| Revenue actual | 766.489M |
| Revenue Surprise | 6.98% |
Q3 2024
Beat
$3.67 (6.38%)
| Release date | Oct 28, 2024 |
| EPS estimate | $3.45 |
| EPS actual | $3.67 |
| EPS Surprise | 6.38% |
| Revenue estimate | 730.428M |
| Revenue actual | 746.674M |
| Revenue Surprise | 2.22% |
Q2 2024
Beat
$3.36 (13.13%)
| Release date | Jul 29, 2024 |
| EPS estimate | $2.97 |
| EPS actual | $3.36 |
| EPS Surprise | 13.13% |
| Revenue estimate | 686.064M |
| Revenue actual | 695.495M |
| Revenue Surprise | 1.37% |
Q1 2024
Beat
$2.91 (1.39%)
| Release date | Apr 29, 2024 |
| EPS estimate | $2.87 |
| EPS actual | $2.91 |
| EPS Surprise | 1.39% |
| Revenue estimate | 685.469M |
| Revenue actual | 681.354M |
| Revenue Surprise | -0.600% |
Last 4 Quarters for F5 Networks
Below you can see how FFIV performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Beat
| Release date | Apr 29, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $182.13 |
| EPS estimate | $2.87 |
| EPS actual | $2.91 |
| EPS surprise | 1.39% |
| Date | Price |
|---|---|
| Apr 23, 2024 | $180.23 |
| Apr 24, 2024 | $182.35 |
| Apr 25, 2024 | $181.85 |
| Apr 26, 2024 | $181.94 |
| Apr 29, 2024 | $182.13 |
| Apr 30, 2024 | $165.31 |
| May 01, 2024 | $166.62 |
| May 02, 2024 | $166.07 |
| May 03, 2024 | $165.94 |
| 4 days before | 1.05% |
| 4 days after | -8.89% |
| On release day | -9.24% |
| Change in period | -7.93% |
Q2 2024
Beat
| Release date | Jul 29, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $177.59 |
| EPS estimate | $2.97 |
| EPS actual | $3.36 |
| EPS surprise | 13.13% |
| Date | Price |
|---|---|
| Jul 23, 2024 | $173.80 |
| Jul 24, 2024 | $170.44 |
| Jul 25, 2024 | $173.73 |
| Jul 26, 2024 | $177.34 |
| Jul 29, 2024 | $177.59 |
| Jul 30, 2024 | $200.66 |
| Jul 31, 2024 | $203.64 |
| Aug 01, 2024 | $195.48 |
| Aug 02, 2024 | $191.99 |
| 4 days before | 2.18% |
| 4 days after | 8.11% |
| On release day | 12.99% |
| Change in period | 10.47% |
Q3 2024
Beat
| Release date | Oct 28, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $218.36 |
| EPS estimate | $3.45 |
| EPS actual | $3.67 |
| EPS surprise | 6.38% |
| Date | Price |
|---|---|
| Oct 22, 2024 | $217.06 |
| Oct 23, 2024 | $215.41 |
| Oct 24, 2024 | $213.57 |
| Oct 25, 2024 | $216.87 |
| Oct 28, 2024 | $218.36 |
| Oct 29, 2024 | $240.33 |
| Oct 30, 2024 | $238.95 |
| Oct 31, 2024 | $233.88 |
| Nov 01, 2024 | $232.20 |
| 4 days before | 0.599% |
| 4 days after | 6.34% |
| On release day | 10.06% |
| Change in period | 6.98% |
Q4 2024
Beat
| Release date | Jan 28, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $269.72 |
| EPS estimate | $3.36 |
| EPS actual | $3.84 |
| EPS surprise | 14.29% |
| Date | Price |
|---|---|
| Jan 22, 2025 | $272.08 |
| Jan 23, 2025 | $272.91 |
| Jan 24, 2025 | $272.99 |
| Jan 27, 2025 | $263.01 |
| Jan 28, 2025 | $269.72 |
| Jan 29, 2025 | $300.46 |
| Jan 30, 2025 | $301.48 |
| Jan 31, 2025 | $297.26 |
| Feb 03, 2025 | $295.19 |
| 4 days before | -0.87% |
| 4 days after | 9.44% |
| On release day | 11.40% |
| Change in period | 8.49% |
F5 Networks Earnings Call Transcript Summary of Q4 2024
Software Growth
Notably strong software performance with a 19% increase year-over-year, contributing to 58% of product revenue.
Operating Efficiency: Non-GAAP EPS of $3.67, indicating strong operating margins and discipline.
Annual Performance: FY '24 revenue totaled $2.82 billion, up slightly from FY '23, with software revenue growing by 11%.
Strategic Insights
- Transformation from Hardware to Software
- F5 has evolved from a hardware-centric company to a leader in security and software, with recurring revenue now accounting for 76% of total revenue.
- Strong Demand Trends
- The focus on hybrid multi-cloud environments provides a favorable backdrop.
- The company emphasized trends such as increased application distribution and the growing need for security services.
- Growth Opportunities
- Management highlighted potential revenue growth of 4-5% for FY '25, driven by a growing software renewal opportunity and expanding customer base.
Outlook for FY '25
- Revenue Growth Expectations
- Anticipated 4-5% growth in total revenue, with software expected to grow in the upper single digits and systems revenue projected to increase in the mid-single digits.
- Operating Margins
- Expected gross margins in the range of 83-84% with continued operating expense discipline, leading to non-GAAP operating margins of approximately 35%.
Market Trends and Customer Insights
- AI and Multi-Cloud Focus
- F5 is positioned to capitalize on the increasing integration of AI applications and the necessity for robust multi-cloud strategies amongst enterprise clients.
Executive Changes and Strategic Leadership
- Leadership Transition
- Kunal Anand appointed as Chief Innovation Officer, aimed at steering F5’s product direction, particularly around AI and cloud services.
Return of Capital Initiatives
- Share Repurchase Program
- F5 repurchased $100 million worth of shares in Q4, with an expanded repurchase authorization of $1 billion, indicating strong cash flow generation and commitment to returning value to shareholders.
Conclusion
Investors can be optimistic about F5's strong positioning in a conducive market environment marked by increasing complexity in IT application management and security. The company’s focus on hybrid multi-cloud architectures, AI integrations, and software-led growth may provide a solid foundation for revenue and earnings growth in FY '25 and beyond.
F5 Networks Earnings History
Earnings Calendar
FAQ
When is the earnings report for FFIV?
F5 Networks (FFIV) has scheduled its earnings report for Apr 28, 2025 after the markets close.
What is the FFIV price-to-earnings (P/E) ratio?
FFIV P/E ratio as of Mar 14, 2025 (TTM) is 25.73.
What is the FFIV EPS forecast?
The forecasted EPS (Earnings Per Share) for F5 Networks (FFIV) for the first fiscal quarter 2025 is $3.10.
What are F5 Networks's retained earnings?
On its balance sheet, F5 Networks reported retained earnings of $766.49 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
