FFIV F5 Networks, Inc.

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F5 Networks, Inc. engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company was founded on February 26, 1996 and is headquartered in Seattle, WA.

Company profile

Ticker

FFIV

Exchange

NASDAQ

CEO

François Locoh-Donou

Incorporated in

Washington

Location

Washington

Fiscal year end

Sep 30

Sector

Electronic Technology > Computer Communications

Industry (SEC)

Computer Communications Equipment

Cisco Systems • Juniper Networks • Electronics For Imaging • Arista Networks • Extreme Networks • Digi International • Allot • A10 Networks • Silicom • Lantronix ...

Former names

F5 Networks Inc

SEC CIK

0001048695

Corporate docs

Articles of Incorporation & Bylaws

IRS number

911714307

FFIV stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart FFIV financial data

Download latest Excel data (2019 Q3) View latest Excel data (2019 Q3)

Quarter (USD)	Jun 19	Mar 19	Dec 18	Sep 18
Revenue	563.39M	544.9M	543.77M	562.71M
Net income	85.91M	116.09M	130.91M	132.88M
Diluted EPS	1.43	1.93	2.16	2.18
Net profit margin	15.25%	21.30%	24.07%	23.61%
Operating income	102.74M	142.79M	158.22M	153.59M
Net change in cash	-38.31M	246.54M	55.41M	-174.56M
Cash on hand	688.35M	726.66M	480.12M	424.71M
Cost of revenue	90.77M	88.18M	86.71M	93.44M

Annual (USD)	Sep 18	Sep 17	Sep 16	Sep 15
Revenue	2.16B	2.09B	2B	1.92B
Net income	453.69M	420.76M	365.86M	365.01M
Diluted EPS	7.32	6.5	5.38	5.03
Net profit margin	20.99%	20.13%	18.34%	19.01%
Operating income	590.9M	563.96M	547.38M	552.9M
Net change in cash	-248.52M	158.66M	124.11M	108.96M
Cash on hand	424.71M	673.23M	514.57M	390.46M
Cost of revenue	361.48M	353.49M	337.21M	332.26M

Financial data from F5 Networks earnings reports

Financial report summary

Competition

Gartner • Microsoft • Dell • Cisco Systems • Juniper • Citrix Systems • Protagenic Therapeutics • Brocade Communications Systems • Juniper Networks • NetScout Systems

Management Discussion

Net revenues. Total net revenues increased 3.9% and 3.3% for the three and nine months ended June 30, 2019, respectively, from the comparable periods in the prior year. Overall revenue growth for the three and nine months ended June 30, 2019, was primarily due to increased software revenue including our subscription based products and increased service revenues as a result of our increased installed base of products. International revenues represented 51.5% and 50.4% of total net revenues for the three and nine months ended June 30, 2019, respectively, compared to 49.3% and 49.6% for the same periods in the prior year, respectively.
Net product revenues increased 4.2% and 2.4% for the three and nine months ended June 30, 2019, respectively, from the comparable periods in the prior year. The increase in net product revenues for the nine months ended June 30, 2019 was primarily due to an increase in software sales compared to the same period in the prior year.
Net service revenues increased 3.7% and 4.1% for the three and nine months ended June 30, 2019, respectively, from the comparable periods in the prior year. The increase in net service revenues was primarily due to increases in the purchase or renewal of maintenance contracts driven by additions to our installed base of products.

Content analysis ?

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Legalese
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Readability	H.S. sophomore Avg

New words: amortizable, Arrow, assigned, automatic, began, comprised, converted, ECS, enable, factually, fifteen, flexibility, forma, leader, modern, necessarily, paragraph, pro, retention, saving, scale, server, sought, subsidiary, tangible, unexercised, unvested

Removed: bad, flat, implemented, schedule

From filing 10-Q 2019 Q3