AI brief of an SEC Form 8-K · F5 (FFIV)

F5 Q4 revenue rose 6% to $747 million; names Edward Cooper Werner as CFO

Positive Impact 4 of 5 earnings Written later

F5 reported fourth-quarter fiscal 2024 revenue of $747 million, up 6% from a year earlier, and guided to fiscal 2025 revenue growth of 4% to 5%. The company also named Edward Cooper Werner as executive vice president and chief financial officer, succeeding Frank Pelzer, and the board authorized an additional $1 billion for share repurchases. For shareholders, reported quarterly profit and earnings per share both rose, and finance leadership is changing.

Key points

  • Q4 fiscal 2024 revenue $747 million vs. $707 million a year earlier; software revenue up 19% to $228 million.
  • Q4 GAAP EPS $2.80 vs. $2.55; non-GAAP EPS $3.67 vs. $3.50.
  • Fiscal 2025 guidance: revenue growth of 4% to 5% and non-GAAP EPS growth of 5% to 7%.
  • Board added $1 billion to the buyback program on October 25, 2024; Werner's base salary is $500,000, effective after the 10-K filing.

The filing

CompanyF5 (FFIV)
Form8-K, current report
Filed with the SECOct 28, 2024, 4:07 PM ET
Accession number0001048695-24-000154

Items reported: 2.02 Results of Operations5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.