FFIV

AI Research

Q1 FY2026 revenue +7% to $822M; full-year guidance raised to +5%-6% on AI momentum

F5 reported Q1 FY2026 revenue of $822M (+7% YoY), driven by 11% product revenue growth including 37% systems growth, and raised full-year guidance to +5%-6% revenue and non-GAAP EPS of $15.65-$16.05. Shareholders approved the 2026 Incentive Award Plan at the annual meeting on March 12, authorizing 3.5 million new shares. F5 is rated Outperform by TipRanks based on strong fundamentals and accelerating AI/systems momentum, though a recent security breach overhang and index removal present near-term risks.