# F5, INC.

Summary updated: 2026-10-02T11:23:45.578355Z
Canonical: https://finbar.com/research/companies/f5-inc

## 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](https://app.finbar.com/go?id=P149062772)[2](https://app.finbar.com/go?id=P99713746)[3](https://app.finbar.com/go?id=P114671832)[4](https://app.finbar.com/go?id=P20879179)

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](https://www.f5.com/company)[1](https://app.finbar.com/go?id=P149062772)[6](https://investors.f5.com/news/news-details/2025/F5-Reports-Strong-Fourth-Quarter-Results-with-8-Revenue-Growth-FY25-Revenue-of-3-1-Billion-Reflects-10-Annual-Growth-Driven-by-Transformative-Industry-Trends-10-27-2025/default.aspx)[7](https://www.sec.gov/ix?doc=%2FArchives%2Fedgar%2Fdata%2F1048695%2F000104869525000157%2Fffiv-20250930.htm)
[1](https://app.finbar.com/go?id=P149062772)[2](https://app.finbar.com/go?id=P99713746)[3](https://app.finbar.com/go?id=P114671832)[4](https://app.finbar.com/go?id=P20879179)[5](https://www.f5.com/company)[6](https://investors.f5.com/news/news-details/2025/F5-Reports-Strong-Fourth-Quarter-Results-with-8-Revenue-Growth-FY25-Revenue-of-3-1-Billion-Reflects-10-Annual-Growth-Driven-by-Transformative-Industry-Trends-10-27-2025/default.aspx)[7](https://www.sec.gov/ix?doc=%2FArchives%2Fedgar%2Fdata%2F1048695%2F000104869525000157%2Fffiv-20250930.htm)

## 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](https://app.finbar.com/go?id=P149062772)[3](https://app.finbar.com/go?id=P114671832)[8](https://app.finbar.com/go?id=P61323304)[9](https://app.finbar.com/go?id=P110056411)[10](https://app.finbar.com/go?id=P39148469).

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](https://app.finbar.com/go?id=P2555313)[12](https://app.finbar.com/go?id=P104975419)[13](https://app.finbar.com/go?id=P33534037)[14](https://app.finbar.com/go?id=P20902038)[15](https://app.finbar.com/go?id=P70925841). 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](https://app.finbar.com/go?id=P76912006)[17](https://app.finbar.com/go?id=P25370205)[18](https://app.finbar.com/go?id=P60672391)[19](https://app.finbar.com/go?id=P116229859)[20](https://app.finbar.com/go?id=P14473533)[21](https://app.finbar.com/go?id=P53300454)[22](https://app.finbar.com/go?id=P80464840)[23](https://app.finbar.com/go?id=P36817430)[24](https://app.finbar.com/go?id=P18691398).

F5 also provides maintenance, training and consulting services [25](https://app.finbar.com/go?id=P149062774). 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](https://app.finbar.com/go?id=P149062794).
[1](https://app.finbar.com/go?id=P149062772)[3](https://app.finbar.com/go?id=P114671832)[8](https://app.finbar.com/go?id=P61323304)[9](https://app.finbar.com/go?id=P110056411)[10](https://app.finbar.com/go?id=P39148469)[11](https://app.finbar.com/go?id=P2555313)[12](https://app.finbar.com/go?id=P104975419)[13](https://app.finbar.com/go?id=P33534037)[14](https://app.finbar.com/go?id=P20902038)[15](https://app.finbar.com/go?id=P70925841)[16](https://app.finbar.com/go?id=P76912006)[17](https://app.finbar.com/go?id=P25370205)[18](https://app.finbar.com/go?id=P60672391)[19](https://app.finbar.com/go?id=P116229859)[20](https://app.finbar.com/go?id=P14473533)[21](https://app.finbar.com/go?id=P53300454)[22](https://app.finbar.com/go?id=P80464840)[23](https://app.finbar.com/go?id=P36817430)[24](https://app.finbar.com/go?id=P18691398)[25](https://app.finbar.com/go?id=P149062774)[26](https://app.finbar.com/go?id=P149062794)

## 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](https://app.finbar.com/go?id=T11345682) 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](https://app.finbar.com/go?id=T17105816) F5 does not provide country-level revenue detail for EMEA or APAC in these disclosures. [29](https://app.finbar.com/go?id=P86886851)

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](https://www.f5.com/company/careers/locations) [31](https://www.f5.com/company/contact/regional-offices) F5 reported 6,578 employees worldwide as of its FY2025 filing; the cited filing does not provide a regional employee breakdown. [32](https://www.sec.gov/Archives/edgar/data/1048695/000104869526000014/f5incannualreport2025secweb.pdf)
[27](https://app.finbar.com/go?id=T11345682)[27](https://app.finbar.com/go?id=T11345682)[27](https://app.finbar.com/go?id=T11345682)[27](https://app.finbar.com/go?id=T11345682)[27](https://app.finbar.com/go?id=T11345682)[28](https://app.finbar.com/go?id=T17105816)[28](https://app.finbar.com/go?id=T17105816)[28](https://app.finbar.com/go?id=T17105816)[29](https://app.finbar.com/go?id=P86886851)[30](https://www.f5.com/company/careers/locations)[31](https://www.f5.com/company/contact/regional-offices)[32](https://www.sec.gov/Archives/edgar/data/1048695/000104869526000014/f5incannualreport2025secweb.pdf)[30](https://www.f5.com/company/careers/locations)[31](https://www.f5.com/company/contact/regional-offices)[32](https://www.sec.gov/Archives/edgar/data/1048695/000104869526000014/f5incannualreport2025secweb.pdf)

## 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](https://app.finbar.com/go?id=P82448908)[34](https://app.finbar.com/go?id=P33342567)

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](https://app.finbar.com/go?id=T13354960) 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](https://app.finbar.com/go?id=P99713746) 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](https://app.finbar.com/go?id=T2797805) 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](https://app.finbar.com/go?id=P73199261)
[33](https://app.finbar.com/go?id=P82448908)[34](https://app.finbar.com/go?id=P33342567)[35](https://app.finbar.com/go?id=T13354960)[35](https://app.finbar.com/go?id=T13354960)[35](https://app.finbar.com/go?id=T13354960)[2](https://app.finbar.com/go?id=P99713746)[36](https://app.finbar.com/go?id=T2797805)[36](https://app.finbar.com/go?id=T2797805)[36](https://app.finbar.com/go?id=T2797805)[36](https://app.finbar.com/go?id=T2797805)[37](https://app.finbar.com/go?id=P73199261)

## 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](https://my.f5.com/manage/s/article/K245) F5 completed its initial public offering in June 1999. [39](https://www.sec.gov/Archives/edgar/data/1048695/000089102001500463/v77937e10-k.htm)

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](https://cdn.studio.f5.com/files/k6fem79d/production/fae7ea686ee18d7fbbe56a7201d857b1cd81751b.pdf) [41](https://cdn.studio.f5.com/files/k6fem79d/production/b0b9ac88d47df0471ad5b26e45f9d9158a32ddce.pdf) In 2012, it acquired Traffix to add telecom signaling capabilities, followed in 2013 by LineRate Systems, which brought software-defined networking technology. [42](https://www.f5.com/company/news/press-releases/new-release-of-f5-traffix-signaling-delivery-controller-enables-unprecedented-performance-reliability-and-scalability-for-lte-networks) [43](https://www.f5.com/company/news/press-releases/f5-networks-acquires-linerate-systems)

François Locoh-Donou became president and CEO in April 2017, succeeding John McAdam. [44](https://www.f5.com/company/news/press-releases/f5-networks-appoints-francois-locoh-donou-as-president-and-ceo) 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](https://www.f5.com/company/news/press-releases/f5-completes-acquisition-of-nginx) [46](https://www.f5.com/company/news/press-releases/f5-completes-acquisition-of-shape-security) 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](https://www.f5.com/company/news/press-releases/f5-completes-acquisition-of-volterra) [48](https://www.f5.com/company/blog/say-hello-to-the-new-f5)

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1. [F5, INC. — Full financial report (2026 Q 3)](https://app.finbar.com/go?id=P149062772)
2. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P99713746)
3. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P114671832)
4. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P20879179)
5. [www.f5.com](https://www.f5.com/company)
6. [investors.f5.com](https://investors.f5.com/news/news-details/2025/F5-Reports-Strong-Fourth-Quarter-Results-with-8-Revenue-Growth-FY25-Revenue-of-3-1-Billion-Reflects-10-Annual-Growth-Driven-by-Transformative-Industry-Trends-10-27-2025/default.aspx)
7. [www.sec.gov](https://www.sec.gov/ix?doc=%2FArchives%2Fedgar%2Fdata%2F1048695%2F000104869525000157%2Fffiv-20250930.htm)
8. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P61323304)
9. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P110056411)
10. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P39148469)
11. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P2555313)
12. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P104975419)
13. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P33534037)
14. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P20902038)
15. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P70925841)
16. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P76912006)
17. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P25370205)
18. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P60672391)
19. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P116229859)
20. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P14473533)
21. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P53300454)
22. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P80464840)
23. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P36817430)
24. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18691398)
25. [F5, INC. — Full financial report (2026 Q 3)](https://app.finbar.com/go?id=P149062774)
26. [F5, INC. — Full financial report (2026 Q 3)](https://app.finbar.com/go?id=P149062794)
27. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T11345682)
28. [F5, INC. — Full financial report (2026 Q 3)](https://app.finbar.com/go?id=T17105816)
29. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P86886851)
30. [www.f5.com](https://www.f5.com/company/careers/locations)
31. [www.f5.com](https://www.f5.com/company/contact/regional-offices)
32. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1048695/000104869526000014/f5incannualreport2025secweb.pdf)
33. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P82448908)
34. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P33342567)
35. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T13354960)
36. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2797805)
37. [F5, INC. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P73199261)
38. [my.f5.com](https://my.f5.com/manage/s/article/K245)
39. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1048695/000089102001500463/v77937e10-k.htm)
40. [cdn.studio.f5.com](https://cdn.studio.f5.com/files/k6fem79d/production/fae7ea686ee18d7fbbe56a7201d857b1cd81751b.pdf)
41. [cdn.studio.f5.com](https://cdn.studio.f5.com/files/k6fem79d/production/b0b9ac88d47df0471ad5b26e45f9d9158a32ddce.pdf)
42. [www.f5.com](https://www.f5.com/company/news/press-releases/new-release-of-f5-traffix-signaling-delivery-controller-enables-unprecedented-performance-reliability-and-scalability-for-lte-networks)
43. [www.f5.com](https://www.f5.com/company/news/press-releases/f5-networks-acquires-linerate-systems)
44. [www.f5.com](https://www.f5.com/company/news/press-releases/f5-networks-appoints-francois-locoh-donou-as-president-and-ceo)
45. [www.f5.com](https://www.f5.com/company/news/press-releases/f5-completes-acquisition-of-nginx)
46. [www.f5.com](https://www.f5.com/company/news/press-releases/f5-completes-acquisition-of-shape-security)
47. [www.f5.com](https://www.f5.com/company/news/press-releases/f5-completes-acquisition-of-volterra)
48. [www.f5.com](https://www.f5.com/company/blog/say-hello-to-the-new-f5)

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