F5 Networks Q2 Earnings Beat and Outlook Raise

F5, Inc. reported Q2 adjusted earnings of $3.90 per share, surpassing the $3.44 consensus by $0.46 for the quarter.
Revenue reached $812 million, an 11% YoY increase, exceeding the $782.19 million estimate, with product up 22%, systems 26%, software 17%.
F5 lifted FY2026 revenue growth guidance to 7‑8% (midpoint 7.5%) and adjusted EPS forecast to $16.25‑$16.55, midpoint $16.40.
For Q3, F5 projects revenue between $820 million and $840 million and adjusted earnings of $3.91‑$4.03 per share for the quarter.