F5 Inc

F5 Inc

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Market Cap$21.63B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
F5 IncF5 Inc30.7-19%9.40.5

Earnings Call Q2 2026

April 28, 2026 - AI Summary

Strong Q2 performance; raises FY2026 revenue outlook - Revenue +11% YoY to $812M; 7th consecutive quarter of double-digit product growth. - Product revenue +22% YoY (Systems +26%, Software +17%); Services +2% YoY to $401M. - Profitability + cash flow strength: Non-GAAP EPS +14% YoY, record free cash flow $348M; FCF and cash from ops $366M (both records). - Guidance update: raises FY2026 revenue growth to +7% to +8% (from +5% to +6%).
AI-driven and hybrid multicloud-driven momentum is a key thesis (with quantification) - CEO frames 3 durable market forces: (1) hybrid multicloud adoption, (2) expanding threat landscape, (3) AI inference inflection. - AI use cases with attributable traction (directly countable): - ~$50M sales in first half from AI-related use cases (data delivery / AI runtime security / AI factory load balancing), up 200% YoY+. - ~100 customers using F5 for these AI use cases (conservative because they only count customers they can directly verify). - Customers are moving to production AI and increasing need for runtime security and secure AI/data movement, plus better load balancing for inference/factories.
Q3 outlook supports continued growth (but margins and costs have nuance) - Q3 revenue: $820M–$840M (midpoint ~+6.5% growth). - Non-GAAP gross margin: 82.5%–83.5%. - Non-GAAP EPS: $3.91–$4.03. - Sequential margin headwind expected later in the year: company expects component cost step-down (notably memory), impacting gross margin from Q3 into Q4 (margin “step down sequentially”).

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$383.50

Target Price by Analysts

5.5% downsideF5 Target Price DetailsTarget Price
$543.90

Current Fair Value

34.1% upside

Undervalued by 34.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$21.63 Billion
Enterprise Value$21.91 Billion
Dividend Yield$- (-)
Earnings per Share$11.96
Beta1
Outstanding Shares56,708,000

Return

Return on Equity19.41%ROE
Return on Assets10.90%
Return on Invested Capital16.87%

Valuation & Multiples

P/E Ratio30.7P/E Ratio
PEG2008.22PEG
Price to Sales9.43Price to Sales
Price to Book Ratio6.34Price to Book Ratio
Enterprise Value to Revenue8.97
Enterprise Value to EBIT26.95
Enterprise Value to Net Income30
Total Debt to Enterprise0.08
Debt to Equity0.47Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 4, 2026
EPS Estimate
$3.44
Average shareholder expectation
Revenue Estimate
$782.19 M
Average shareholder expectation

Next Earnings Call

Expected Date
July 29, 2026
EPS Estimate
$3.98
Average shareholder expectation
Revenue Estimate
$834.59 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.8071▲ 20.25%
Total Calls249,301▼ 44.40%
Total Puts201,200▼ 25.78%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %97.75%▼ 5.17%
Total Invested$16.26B▲ 7.39%
Investors Holding735▲ 41.00%

ESG Score

No data

About F5 Networks, Inc.

Relevant Senate Committees

Joint Committee on Taxation

This committee provides critical analysis and revenue estimates for all tax legislation, directly influencing corporate tax structures and capital investment credits. Its work has a direct and significant impact on F5's financial planning and profitability.

Finance

This is a powerful committee controlling taxation and trade policy. Its decisions on corporate tax rates, trade agreements, and tariffs directly impact F5's profitability, global operations, and overall corporate valuation.

Judiciary

This committee oversees antitrust laws, intellectual property, and M&A. As a technology company, F5 could be subject to antitrust scrutiny, benefit from intellectual property protection, or be involved in mergers and acquisitions, all directly influenced by this committee.

Select Committee on Intelligence

This committee oversees the Intelligence Community and receives classified briefings on global threats, including cybersecurity. Given F5's role in professional technical services, potentially including cybersecurity solutions, committee members could possess non-public information directly impacting the demand for and regulatory environment of F5's offerings.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, the FCC, and FTC, directly impacting 'Big Tech' through privacy, cybersecurity, and telecommunications regulations. F5, as a technology company offering custom computer programming and technical services, falls squarely within this committee's regulatory scope.