F5 Raises FY26 Guidance as 3Q Sales, Product Revenue Growth Increase

Dow Jones
Jul 28
 

F5 raised its fiscal 2026 outlook after third quarter sales increased, driven by product revenue growth.

The multicloud software and cybersecurity company reported net income of $208.2 million, or $3.62 a share, compared with $189.9 million, or $3.25 a share, a year earlier.

Adjusted earnings per share were $4.73. Analysts polled by FactSet were expecting $4 a share.

Revenue rose nearly 11% to $865.1 million. Analysts polled by FactSet expected $834.6 million.

Chief Executive Francois Locoh-Donou said 19% product revenue helped the rise in revenue and reflects the critical role that F5 plays at the application delivery and security layer of hybrid multicloud and AI-driven enterprise infrastructure.

The company raised its fiscal 2026 revenue growth to between 9% and 10% from between 7% and 8%.

It also raised its 2026 guidance for adjusted earnings per share to between $17.21 and $17.33 from $16.25 and $16.55. Wall Street is expecting adjusted earnings per share of $16.49.

The company expects fourth quarter revenue between $870 million and $890 million and adjusted earnings per share between $4.14 and $4.26. Wall Street is expecting revenue of $856.9 million and adjusted earnings per share of $4.14, according to FactSet.

 

Write to Grace Yoon at grace.yoon@wsj.com

 

(END) Dow Jones Newswires

July 27, 2026 16:31 ET (20:31 GMT)

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