NASDAQ$FFIV
F5 Networks Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
F5's Q3 2021 results demonstrated the alignment of its solution portfolio with customer application needs, driven by robust software growth and resilient systems demand.
F5 reported strong third quarter results with a 12% increase in GAAP revenue and an 11% increase in non-GAAP revenue compared to the previous year. The growth was driven by a 21% increase in product revenue and a 4% increase in global services revenue.
- GAAP revenue was $652 million, up 12% year-over-year.
- Non-GAAP revenue growth was driven by 21% product revenue growth and 4% global services revenue growth.
- GAAP net income was $90 million, or $1.46 per diluted share, compared to $70 million, or $1.14 per diluted share, in the third quarter of fiscal year 2020.
- Non-GAAP net income was $169 million, or $2.76 per diluted share, compared to $134 million, or $2.18 per diluted share, in the third quarter of fiscal year 2020.
Headline financials
Revenue & EPS history
F5 · Revenue · Quarterly
$652M
Revenue by segment
F5 · $652M total across 2 segments · Q3 2021
- Services$342M+3.5%52.4%
- Products$310M+22.3%47.6%
Forward guidance
For the fourth quarter of fiscal year 2021 ending September 30, 2021, F5 expects to deliver revenue in the range of $660 million to $680 million, with non-GAAP earnings in the range of $2.68 to $2.80 per diluted share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+0.3%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+2.0%
Avg return
30 days after
59%
40 / 68 earnings
Positive
+13.1%
Q3 2024
Best reaction
-16.7%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +7.0% | +8.6% | +26.1% | |
| Q1 2026 | -4.3% | +3.8% | +0.3% | |
| Q4 2025 | -7.7% | -12.9% | -18.0% | |
| Q2 2025 | -0.9% | +1.4% | +5.9% | |
| Q1 2025 | +11.4% | +9.4% | +8.4% | |
| Q4 2024 | +10.8% | +7.1% | +15.3% | |
| Q3 2024 | +13.1% | +8.3% | +12.2% | |
| Q2 2024 | -9.1% | -8.8% | -7.5% | |
| Q1 2024 | +1.7% | +0.9% | +1.1% | |
| Q4 2023 | +3.6% | +2.3% | +14.1% | |
| Q3 2023 | +6.8% | +4.8% | +6.4% | |
| Q2 2023 | -6.1% | -6.5% | -0.3% | |
| Q1 2023 | -1.5% | +0.0% | -2.8% | |
| Q4 2022 | -4.2% | -2.2% | +4.8% | |
| Q3 2022 | +3.5% | +8.7% | +7.1% | |
| Q2 2022 | -16.7% | -17.5% | -20.0% | |
| Q1 2022 | -10.7% | -12.0% | -12.5% | |
| Q4 2021 | +3.7% | +1.4% | +11.4% | |
| Q3 2021 | +6.4% | +7.5% | +7.1% | |
| Q2 2021 | -11.4% | -11.4% | -11.2% | |
| Q1 2021 | -2.9% | -5.5% | -8.3% | |
| Q4 2020 | +6.2% | +3.6% | +28.3% | |
| Q3 2020 | -9.4% | -10.8% | -12.2% | |
| Q2 2020 | +10.6% | +6.3% | +14.1% | |
| Q1 2020 | -7.2% | -10.1% | -6.9% | |
| Q4 2019 | +4.9% | +2.8% | +2.7% | |
| Q3 2019 | +0.0% | +3.1% | -15.7% | |
| Q2 2019 | -0.9% | -3.0% | -16.5% | |
| Q1 2019 | -0.8% | +0.9% | +9.4% | |
| Q4 2018 | +1.6% | -0.1% | -0.4% | |
| Q3 2018 | +2.7% | -1.4% | +8.8% | |
| Q2 2018 | +0.8% | +3.8% | +11.2% | |
| Q1 2018 | -5.4% | -2.6% | +3.3% | |
| Q4 2017 | +4.1% | +0.4% | +3.4% | |
| Q3 2017 | -7.0% | -5.7% | -8.1% | |
| Q2 2017 | -8.1% | -7.8% | -8.0% | |
| Q1 2017 | -7.2% | -6.6% | +0.2% | |
| Q4 2016 | +11.7% | +17.9% | +22.9% | |
| Q3 2016 | +1.0% | +2.6% | +3.0% | |
| Q2 2016 | +7.1% | — | — | |
| Q1 2016 | -4.3% | — | — | |
| Q4 2015 | -8.5% | — | — | |
| Q3 2015 | +8.0% | — | — | |
| Q2 2015 | +2.9% | — | — | |
| Q1 2015 | -10.2% | — | — | |
| Q4 2014 | +1.3% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | -3.0% | — | — | |
| Q1 2014 | +4.4% | — | — | |
| Q4 2013 | -6.1% | — | — | |
| Q3 2013 | +9.2% | — | — | |
| Q2 2013 | +3.5% | — | — | |
| Q1 2013 | +6.8% | — | — | |
| Q4 2012 | -13.1% | — | — | |
| Q3 2012 | +12.0% | — | — | |
| Q2 2012 | +8.3% | — | — | |
| Q1 2012 | +12.9% | — | — | |
| Q4 2011 | -3.1% | — | — | |
| Q3 2011 | -13.0% | — | — | |
| Q2 2011 | +2.9% | — | — | |
| Q1 2010 | -0.1% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2008 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — | |
| Q4 2010 | +0.5% | — | — | |
| Q4 2009 | +2.8% | — | — | |
| Q3 2009 | +2.8% | — | — | |
| Q3 2010 | +2.8% | — | — |
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