F5 (FFIV) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared to both the preceding quarter and the same quarter one year ago. The year-over-year growth outpaced the sequential gain.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q2
Revenue for the quarter increased compared to both the preceding quarter and the same quarter one year ago. The year-over-year growth outpaced the sequential gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$703.2M
Revenue reported for this quarter.
Quarter-over-quarter
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+10.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $674.5M | +3.5% |
| Sep 30, 2022 | $700M | +2.6% |
| Dec 31, 2022 | $700.4M | +1.9% |
| Mar 31, 2023 | $703.2M | +10.9% |
Revenue performance
The company delivered revenue growth, continuing a trend of sequential increases over recent quarters.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was modestly higher. Compared to the same quarter one year earlier, revenue showed a more substantial increase.
What to watch
The sequential growth rate remains modest; monitor whether the company can sustain its year-over-year momentum.