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Company profile

F5, INC.

Updated

Overview

F5, Inc. operates in application delivery and security, helping organizations deploy, run, secure, optimize, and govern applications and APIs across on-premises, cloud, and edge environments. Its principal offerings include BIG-IP for application delivery and security, NGINX for modern applications and APIs, and Distributed Cloud Services for security, multicloud networking, and edge computing.[1]

F5’s stated mission is to “secure and deliver extraordinary digital experiences.” It serves customers across the Americas, EMEA, and APAC, including enterprises, government organizations, and service providers. F5 reported $3.1 billion in FY2025 revenue and 6,578 employees as of September 30, 2025.[5] [1]

Products & services

F5’s product portfolio combines hardware, software and SaaS for application delivery and security across on-premises, cloud and edge environments. BIG-IP serves enterprise and service-provider applications through traffic-management, DNS, access-policy, web-application-firewall, SSL orchestration and firewall capabilities. BIG-IP systems include rSeries and VELOS platforms, which support BIG-IP modules, automation and multi-tenancy [1].

For modern, container-based applications, NGINX Plus combines load balancing, web serving, content caching and API gateway functions. NGINX One Console provides SaaS management, monitoring and analytics across deployments; NGINX Ingress Controller manages Kubernetes traffic, and WAF for NGINX provides application-layer security and denial-of-service defense [11]. F5 Distributed Cloud Services includes WAAP security—with web-application and API protection, DDoS and bot mitigation—as well as Network Connect for managed connectivity, App Connect for cross-cloud application connectivity, Distributed Cloud DNS and CDN, and App Stack for managed Kubernetes deployments [16].

F5 also provides maintenance, training and consulting services [25]. Its disclosures report product revenue by systems and software categories, rather than by individual named product; the available product disclosures do not establish a revenue percentage for specific products [26]. [1]

Geographic presence

F5’s geographic revenue is reported by customer location across the Americas, EMEA, and APAC. In FY2025, revenue was $1.63 billion from the United States (52.8% of total), $92.9 million from other parts of the Americas, $827.2 million from EMEA (26.8%), and $536.8 million from APAC (17.4%); the Americas represented 55.8% overall.[27] The latest interim filing, for the nine months ended June 30, 2026, reported $1.33 billion from the Americas, $770.6 million from EMEA, and $403.4 million from APAC.[28] F5 does not provide country-level revenue detail for EMEA or APAC in these disclosures.[29]

F5’s operating and sales footprint spans its three reported regions. The company lists Seattle as its headquarters and offices in locations including Chelmsford/Boston, Boulder, San Jose, Spokane, Guadalajara, Chertsey, Warsaw, Hyderabad, Singapore, and Tokyo.[30][31] F5 reported 6,578 employees worldwide as of its FY2025 filing; the cited filing does not provide a regional employee breakdown.[32] [27]

Business segments

F5, Inc. reports one operating and reportable segment; its product and service revenue categories are not separate reportable segments. The latest annual report is for FY2025, ended September 30, 2025; the company also filed FY2026 interim reports, with the latest identified for the quarter ended June 30, 2026.[33][34]

In FY2025, products contributed approximately 48.9% of net revenue ($1.509 billion), and services contributed 51.1% ($1.579 billion), out of $3.088 billion total.[35] F5’s product revenue primarily relates to application-delivery and security solutions, including BIG-IP systems and software, NGINX software, and Distributed Cloud Services.[2] The product-category breakdown was systems, $705.6 million (about 22.8% of net revenue); subscription software, $507.6 million (16.4%); SaaS and managed services, $175.6 million (5.7%); and perpetual-license software, $119.9 million (3.9%).[36] The broader services revenue line includes maintenance contracts and renewals; the filing’s revenue breakdown does not provide a more detailed quantified split of services.[37] [33]

Company history

F5 was founded in Seattle in 1996 by Jeff Hussey, Mike Almquist, and Adam Feuer. After initially exploring virtual-reality gaming, the founders pivoted to managing internet traffic and developed BIG/ip, an early product for directing application traffic.[38] F5 completed its initial public offering in June 1999.[39]

During the 2000s and early 2010s, F5 broadened its offerings through acquisitions: MagniFire Websystems in 2004 added web application security technology, and Acopia Networks in 2007 expanded its reach into file virtualization and storage networking.[40][41] In 2012, it acquired Traffix to add telecom signaling capabilities, followed in 2013 by LineRate Systems, which brought software-defined networking technology.[42][43]

François Locoh-Donou became president and CEO in April 2017, succeeding John McAdam.[44] F5 completed its acquisition of NGINX in 2019, extending its capabilities in modern application delivery, and acquired application security company Shape Security in 2020.[45][46] In 2021, it acquired Volterra to expand into edge and distributed cloud services; that year, the company also adopted the name F5, Inc., replacing F5 Networks.[47][48]

Sources

  • F5, INC. — Full financial report (2026 Q 3)
    4 citations
  • F5, INC. — Full financial report (2025 Y)
    27 citations
  • www.f5.com[5]
  • investors.f5.com[6]
  • www.sec.gov[7]
  • www.f5.com[30]
  • www.f5.com[31]
  • www.sec.gov[32]
  • my.f5.com[38]
  • www.sec.gov[39]
  • cdn.studio.f5.com[40]
  • cdn.studio.f5.com[41]
  • www.f5.com[42]
  • www.f5.com[43]
  • www.f5.com[44]
  • www.f5.com[45]
  • www.f5.com[46]
  • www.f5.com[47]
  • www.f5.com[48]

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