F5 (FFIV) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reported quarter rose slightly, continuing a modest upward trend. The increase was essentially in line with the prior quarter and showed a small improvement compared to the same period last year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q4
Revenue for the reported quarter rose slightly, continuing a modest upward trend. The increase was essentially in line with the prior quarter and showed a small improvement compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$707M
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+1.0%
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 |
|---|---|---|
| Dec 31, 2022 | $700.4M | +1.9% |
| Mar 31, 2023 | $703.2M | +10.9% |
| Jun 30, 2023 | $702.6M | +4.2% |
| Sep 30, 2023 | $707M | +1.0% |
Revenue performance
Revenue edged higher during the quarter, reflecting stable sequential performance.
Quarterly comparison
Compared with the immediately preceding quarter, revenue growth was narrow. Versus the same quarter one year earlier, revenue also posted a slight gain.
What to watch
The pace of revenue advancement remains subdued; continued monitoring of the trajectory may be warranted.