OverviewSuggest Edit

F5 Networks is a multi-cloud application security and delivery company. It engages in the development, marketing, and sale of application services that optimize the security, performance, and availability of network applications, servers, and storage systems. The company offers enterprise-grade solutions available in a range of consumption models, from on-premises to managed services, optimized for multi-cloud environments. Additionally, F5 Networks delivers professional services, including consulting, training, installation, maintenance, and other technical support services.

TypePublic
Founded1996
HQSeattle, WA, US
Websitef5.com
Employee Ratings4.1
Overall CultureB

Latest Updates

Employees (est.) (Sept 2020)6,109(+15%)
Job Openings531
Revenue (FY, 2020)$2.4 B(+5%)
Share Price (Jul 2021)$190(+2%)
Cybersecurity ratingBMore

Key People/Management at F5 Networks

François Locoh-Donou

François Locoh-Donou

President, Chief Executive Officer and Director
Scot Rogers

Scot Rogers

Executive Vice President and General Counsel
Tom Fountain

Tom Fountain

Executive Vice President of Global Services and Chief Strategy Officer
Kara Sprague

Kara Sprague

Executive Vice President and General Manager, BIG-IP
Frank Pelzer

Frank Pelzer

Executive Vice President and Chief Financial Officer
Chad Whalen

Chad Whalen

Executive Vice President of Worldwide Sales
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F5 Networks Office Locations

F5 Networks has offices in Seattle, Billerica, Liberty Lake, Louisville and in 55 other locations
Seattle, WA, US (HQ)
801 5th Ave
Billerica, MA, US
296 Concord Rd #125
Liberty Lake, WA, US
1322 N Whitman Ln
Louisville, CO, US
285 Century Pl #150
New York, NY, US
600 Lexington Ave
Reston, VA, US
11911 Freedom Dr #950
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F5 Networks Financials and Metrics

F5 Networks Revenue

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F5 Networks's revenue was reported to be $2.35 b in FY, 2020 which is a 4.8% increase from the previous period.
USD

Revenue (Q2, 2021)

645.3m

Gross profit (Q2, 2021)

516.7m

Gross profit margin (Q2, 2021), %

80.1%

Net income (Q2, 2021)

43.2m

EBIT (Q2, 2021)

53.5m

Market capitalization (22-Jul-2021)

11.4b

Closing stock price (22-Jul-2021)

190.0

Cash (31-Mar-2021)

532.2m

EV

11.5b
F5 Networks's current market capitalization is $11.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.2b2.2b2.4b

Revenue growth, %

3%4%5%

Cost of goods sold

361.5m356.6m407.9m

Gross profit

1.8b1.9b1.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

523.2m533.3m542.2m543.8m544.9m563.4m569.3m583.4m583.3m624.6m645.3m

Cost of goods sold

87.4m89.6m91.0m86.7m88.2m90.8m88.6m101.2m106.0m115.0m128.6m

Gross profit

435.8m443.7m451.2m457.1m456.7m472.6m480.7m482.2m477.2m509.6m516.7m

Gross profit Margin, %

83%83%83%84%84%84%84%83%82%82%80%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

424.7m599.2m849.6m

Accounts Receivable

295.4m322.0m296.2m

Inventories

30.6m34.4m27.9m

Current Assets

1.4b1.5b1.8b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

453.7m427.7m307.4m

Depreciation and Amortization

59.5m68.5m95.9m

Inventories

(734.0k)(3.8m)6.5m

Accounts Payable

6.6m74.7m34.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

88.4m198.1m320.8m130.9m247.0m332.9m98.5m159.9m229.8m87.7m

Depreciation and Amortization

15.2m30.0m44.1m14.0m28.2m46.6m19.0m43.1m69.3m27.7m

Inventories

722.0k322.0k(1.5m)(991.0k)(2.9m)(5.4m)2.0m3.5m5.6m1.4m

Accounts Payable

(8.2m)(5.3m)(16.4m)2.0m16.7m37.9m(23.6m)(1.9m)(1.5m)(23.9m)
USDQ1, 2018

Financial Leverage

2 x
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F5 Networks Operating Metrics

F5 Networks's Backlog was reported to be $17.4m in FY, 2019.
FY, 2015FY, 2016FY, 2017FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Backlog

$38.1 m$33.4 m$25.6 m$30.5 m$17.4 m

Remaining Performance Obligations

$1.15 b$1.16 b$1.17 b$1.2 b$1.2 b$1.3 b$1.3 b$1.3 b

Countries

47

Patents (Foreign)

214622234344
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F5 Networks Acquisitions / Subsidiaries

Company NameDateDeal Size
VolterraJanuary 26, 2021$500 m
Shape Security IncJanuary 24, 2020$1 b
NGINX IncMarch 11, 2019$670 m
Defense.Net IncMay 22, 2014
Versafe LtdSeptember 17, 2013
LineRate Systems IncFebruary 11, 2013
Traffix Communication Systems LtdFebruary 20, 2012$135 m
Crescendo NetworksAugust 15, 2011
Acopia NetworksAugust 06, 2007$210 m
Swan LabsSeptember 06, 2005$43 m
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F5 Networks Revenue Breakdown

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F5 Networks revenue breakdown by geographic segment: 18.7% from Asia Pacific, 25.2% from EMEA and 56.0% from Americas

F5 Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

F5 Networks Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

F5 Networks Online and Social Media Presence

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F5 Networks Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    70/100

  • Compensation

    D

    55/100

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F5 Networks News and Updates

Credit Suisse upgrades F5 Networks, says buy the dip in the cybersecurity stock

The stock has struggled since the network security company's most recent earnings report in late April, with shares falling more than 8%.

Goldman downgrades F5 Networks to sell, says stock could be a reopening loser

Goldman downgraded the stock to sell from neutral, saying in a note to clients that the company will struggle to compete with cloud-based companies.

F5 Networks Stock Could Jump 15% To Regain Early-2021 Highs

Despite rising more than 80% from its low in March 2020, at the current price near $180 per share, we believe F5 Networks stock has strong upside potential. FFIV stock has risen from $100 to $182 off the recent bottom, almost in line with the S&P which increased by over 80% from its lows...

Strong Revenue Growth Could Push F5 Networks Stock To Fresh Highs

Despite rising more than 2x from its low in March 2020, at the current price of $210 per share, we believe F5 Networks stock has further upside potential. F5 stock has increased from $100 to $210 off its March 2020 bottom, more than the S&P which increased by around 80% from its lows...

Up 2x From Its Covid Low, F5 Networks Stock Seems To Have Peaked

F5 Networks stock is up more than 40% since the beginning of 2020, and at the current price of $199 per share, we believe that F5 stock has around 15% potential downside. Why is that? Our belief stems from the fact that F5 Networks stock is up around 2x from the low seen in March 2020...

F5 Networks Stock Seems To Have Peaked

F5 Networks stock is up more than 40% since the beginning of 2020, and at the current price of around $200 per share, we believe that F5 Networks stock has more than 15% potential downside. Why is that? Our belief stems from the fact that F5 Networks stock is up around 2.2x from its March low...
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F5 Networks Frequently Asked Questions

  • When was F5 Networks founded?

    F5 Networks was founded in 1996.

  • Who are F5 Networks key executives?

    F5 Networks's key executives are François Locoh-Donou, Scot Rogers and Tom Fountain.

  • How many employees does F5 Networks have?

    F5 Networks has 6,109 employees.

  • What is F5 Networks revenue?

    Latest F5 Networks annual revenue is $2.4 b.

  • What is F5 Networks revenue per employee?

    Latest F5 Networks revenue per employee is $384.8 k.

  • Who are F5 Networks competitors?

    Competitors of F5 Networks include New Era Technology, Radware and Citrix.

  • Where is F5 Networks headquarters?

    F5 Networks headquarters is located at 801 5th Ave, Seattle.

  • Where are F5 Networks offices?

    F5 Networks has offices in Seattle, Billerica, Liberty Lake, Louisville and in 55 other locations.

  • How many offices does F5 Networks have?

    F5 Networks has 60 offices.