F5 (FFIV) Revenue — Quarter Ended Mar 31, 2024
Revenue declined for the quarter compared to both the previous quarter and the same period a year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q2
Revenue declined for the quarter compared to both the previous quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$681.4M
Revenue reported for this quarter.
Quarter-over-quarter
-1.6%
Change from the immediately preceding quarter.
Year-over-year
-3.1%
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, 2023 | $702.6M | +4.2% |
| Sep 30, 2023 | $707M | +1.0% |
| Dec 31, 2023 | $692.6M | -1.1% |
| Mar 31, 2024 | $681.4M | -3.1% |
Revenue performance
Revenue continued to decrease from the immediately preceding quarter, marking a second consecutive quarterly drop.
Quarterly comparison
Compared to the same quarter one year ago, revenue was lower, extending a downward trend over the past year.
What to watch
Monitor whether revenue can stabilize or reverse the decline in upcoming quarters.