F5, Inc. (FFIV) Earnings Call Transcripts
F5, Inc.'s Latest Earnings Call - September 9, 2026
In the fiscal Q4 2026 earnings call, F5, Inc. (FFIV:US) reported a revenue growth of 9% to 10% for the fiscal year, driven by strong demand across its application delivery and security products. The company highlighted an impressive 32% year-over-year growth in systems revenue, signaling robust refresh cycles and capacity expansions among clients. Management raised guidance for FY '27, indicating confidence in sustained momentum, particularly in AI-related offerings and digital sovereignty initiatives.
Reported metrics
| Metric | Value |
|---|---|
| Revenue Growth | 9% to 10% (beat) |
| Systems Revenue Growth | 32% (beat) |
| Software Revenue Growth Guidance | double-digit growth (beat) |
| Gross Margin Outlook | 80% to 82% (neutral) |
| Free Cash Flow Return | 50% (neutral) |
| AI-Driven Revenue | $50 million (beat) |
Guidance from management
F5 raised its revenue growth guidance for FY '27 to 9% to 10%, driven by strong demand in AI and digital sovereignty. Management expressed confidence in sustained momentum heading into the next fiscal year.
What analysts pressed on
Analysts raised questions regarding potential supply chain constraints affecting margins and the sustainability of growth rates. There were concerns about how F5 plans to navigate competitive pricing pressures while maintaining innovation and customer support levels.
Main topics on the call
- Revenue Growth Acceleration — F5 reported a revenue growth forecast of 9% to 10% for FY '27, supported by a healthy demand environment and strong pipeline health. CFO Cooper Werner stated, "We've been seeing some new growth vectors over the last seve...
- AI and Digital Sovereignty Demand — Management emphasized the growing demand for AI capabilities and digital sovereignty as key drivers for future growth. Werner noted, "AI is also driving a need for digital sovereignty, as more of these workloads, custome...
- Systems Revenue Growth — F5's systems revenue grew 32% year-over-year, attributed to ongoing refresh cycles and capacity expansions. Werner mentioned, "We're seeing capacity expansion...and customers are moving up the stack of our appliance line...
- Competitive Positioning — F5 is witnessing an uptick in competitive takeouts due to its continued investment in innovation. Werner stated, "We have seen an inflection in that takeout opportunity...some of our competitors just did not continue to ...
Read the full F5, Inc. transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About F5, Inc.
F5, Inc. (FFIV) is a publicly listed company in the Communications Equipment industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 84 calls on record spanning January 27, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 84 F5, Inc. earnings call transcripts on record, spanning January 27, 2020 to September 9, 2026. Based on this history, F5, Inc. reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- FFIV
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Communications Equipment
- Calls on record
- 84
- First call
- January 27, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly