F5 Reports Record Q4 2026 Results Driven by AI Demand and Product Growth
F5 (FFIV) reported strong fourth-quarter fiscal 2026 results, with total revenue reaching $917 million, a 13% increase year-over-year. The growth was primarily fueled by a 23% surge in product revenue and a massive 300% jump in direct AI bookings, totaling $100 million. The company is successfully capitalizing on the acceleration of AI inference and hybrid multi-cloud adoption, with its AI data delivery capacity increasing by 250% year-over-year. Despite the strong top-line performance and a Non-GAAP EPS of $4.42 that exceeded guidance, management issued cautious outlooks for fiscal 2027. The company anticipates potential margin compression due to rising costs in memory and storage components, guiding non-GAAP gross margins between 80.5% and 82.5%. F5 also announced a new $1.5 billion share repurchase authorization as part of its ongoing capital return strategy.
Topics: AI Bookings EPS Beat Fiscal Year Performance Revenue Growth SaaS Revenue
Read the full article at Motley Fool
Part of the story Cloudflare Shares Surge Following Strong Q3 Results and Raised Full-Year Guidance (85 articles)