F5 (FFIV) Revenue — Quarter Ended Sep 30, 2024
Revenue increased both sequentially and compared to the same quarter last year. The trailing twelve-month revenue indicates sustained top-line momentum.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q4
Revenue increased both sequentially and compared to the same quarter last year. The trailing twelve-month revenue indicates sustained top-line momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$746.7M
Revenue reported for this quarter.
Quarter-over-quarter
+7.4%
Change from the immediately preceding quarter.
Year-over-year
+5.6%
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, 2023 | $692.6M | -1.1% |
| Mar 31, 2024 | $681.4M | -3.1% |
| Jun 30, 2024 | $695.5M | -1.0% |
| Sep 30, 2024 | $746.7M | +5.6% |
Revenue performance
Reported revenue rose from the immediate prior quarter and also from the same quarter a year ago. This reversed a trend of sequential declines seen earlier in the fiscal year.
Quarterly comparison
The quarter's revenue was higher than both the preceding quarter and the year-ago period. The improvement reflects a rebound after several quarters of sequential contraction.
What to watch
Cash and investments grew, but a majority remains overseas, with share repurchases consuming a significant portion of operating cash flow.