F5 (FFIV) Revenue — Quarter Ended Jun 30, 2023
Revenue remained nearly flat compared to the prior quarter, but increased relative to the same quarter last year. This reflects a stable sequential performance while extending year-over-year growth from the prior period.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q3
Revenue remained nearly flat compared to the prior quarter, but increased relative to the same quarter last year. This reflects a stable sequential performance while extending year-over-year growth from the prior period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$702.6M
Revenue reported for this quarter.
Quarter-over-quarter
-0.1%
Change from the immediately preceding quarter.
Year-over-year
+4.2%
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 |
|---|---|---|
| Sep 30, 2022 | $700M | +2.6% |
| Dec 31, 2022 | $700.4M | +1.9% |
| Mar 31, 2023 | $703.2M | +10.9% |
| Jun 30, 2023 | $702.6M | +4.2% |
Revenue performance
The quarter's revenue was essentially unchanged from the immediate preceding period, indicating a steady top-line result. Over a longer horizon, revenue continued to expand when set against the same quarter a year earlier.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was essentially unchanged. When compared to the same quarter one year earlier, revenue was higher, continuing a pattern of annual growth.
What to watch
Monitor whether the company can sustain its year-over-year revenue growth trajectory amid a flat sequential trend.