F5 (FFIV) FY2024 results: revenue $2.8 billion, up 0.1% on the year
F5, Inc. (FFIV) reported revenue of $2.8 billion for fiscal 2024, the year ended 30 September 2024, up 0.1% on the year before. Net income was $567 million, up 43.5%, and diluted earnings per share $9.55. The figures are the company's own, from the 10-K it filed with the SEC on 18 November 2024.
Revenue
$2.8 billion
+0.1% on the year
FY2017FY2024
Operating margin
23.4%
16.8% a year earlier
FY2017FY2024
Net income
$567 million
+43.5% on the year
FY2017FY2024
Diluted EPS
$9.55
+45.8% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
792
653
443
+21.3%
Capital expenditure
30.4
54.2
33.6
-43.9%
Free cash flow
762
599
409
+27.2%
Free cash flow margin
27.1%
21.3%
15.2%
Cash from investing
-59.2
36.4
218
Cash from financing
-457
-653
-477
Depreciation and amortisation
107
113
116
-5.1%
Share-based compensation
219
237
249
-7.4%
Buybacks
501
350
500
+43.0%
Diluted shares, weighted
59m
60m
61m
-1.5%
Shares outstanding at period end
58m
59m
60m
-1.9%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
3,129
2,800
2,469
+11.8%
Debt
0.0
0.0
350
Operating lease liabilities
216
240
272
-9.9%
Other liabilities
2,268
2,209
2,185
+2.7%
Total liabilities and equity
5,613
5,248
5,276
+6.9%
Fixed assets
151
170
168
-11.4%
Goodwill
2,312
2,289
2,259
+1.0%
Intangible assets
112
151
200
-26.1%
Investments
8.6
11.2
136
-23.6%
Cash and equivalents
1,075
797
758
+34.8%
Receivables
389
455
470
-14.5%
Inventory
76.4
35.9
68.4
+112.9%
Other assets
1,490
1,339
1,216
+11.2%
Total assets
5,613
5,248
5,276
+6.9%
10-K for the year ended 30 September 2024, filed 18 November 2024: the filing.