Market Summary
USD158.66+1.15
Market Closed0.73%
FFIV Alerts
FFIV Stock Price
FFIV RSI Chart
FFIV Valuation
FFIV Price/Sales (Trailing)
FFIV Profitability
FFIV Fundamentals
FFIV Revenue
FFIV Earnings
Price Action
52 Week Range
127.05167.89
(Low)(High)
Last 7 days
0.1%
Last 30 days
0.2%
Last 90 days
9.8%
Trailing 12 Months
8.9%
FFIV Financial Health
FFIV Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for FFIV
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-05 | Klein Peter S | gifted | - | - | -1,200 | - |
2023-09-05 | WHALEN CHAD MICHAEL | sold | -45,990 | 164 | -279 | evp, worldwide sales |
2023-09-05 | Locoh-Donou Francois | sold | -362,648 | 164 | -2,200 | president, ceo & director |
2023-08-14 | WHITE ANA MARIA | sold | -26,560 | 156 | -170 | evp and chief people officer |
2023-08-09 | Rogers Scot Frazier | sold | -160,330 | 160 | -1,000 | evp and general counsel |
2023-08-09 | WHALEN CHAD MICHAEL | sold | -44,892 | 160 | -280 | evp, worldwide sales |
2023-08-03 | Locoh-Donou Francois | sold | -347,490 | 157 | -2,200 | president, ceo & director |
2023-08-02 | FOUNTAIN THOMAS DEAN | sold | -146,195 | 159 | -919 | evp global services & strategy |
2023-08-01 | Yamamoto Mika | acquired | - | - | 3,636 | evp, chief marketing officer |
2023-08-01 | Lin Geng | acquired | - | - | 3,038 | evp, chief technology officer |
Which funds bought or sold FFIV recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 24.48 | 7,993,000 | 40,005,000 | 0.03% |
2023-09-18 | WASHINGTON CAPITAL MANAGEMENT, INC | unchanged | - | 1,995 | 511,910 | 0.44% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -3.7 | -261 | 7,606 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 359 | 2,239 | -% |
2023-08-25 | Gould Capital, LLC | unchanged | - | 57.00 | 14,626 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -69.38 | -6,388,000 | 2,835,000 | 0.03% |
2023-08-21 | BOKF, NA | added | 4.14 | 36,650 | 843,189 | 0.02% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.69 | -332,890 | 14,096,400 | 0.02% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -12.56 | -127,548 | 916,738 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | added | 391 | 733,739 | 983,160 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
FFIV Alerts
Schedule 13G FIlings of F5 Networks
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 10, 2023 | wellington management group llp | 2.51% | 1,487,364 | SC 13G/A | |
| Apr 06, 2023 | blackrock inc. | 10.6% | 5,846,797 | SC 13G/A | |
| Feb 14, 2023 | hotchkis & wiley capital management llc | 8.53% | 5,147,865 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.68% | 7,048,486 | SC 13G/A | |
| Feb 06, 2023 | wellington management group llp | 8.48% | 5,121,093 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.4% | 5,683,332 | SC 13G/A | |
| Feb 11, 2022 | hotchkis & wiley capital management llc | 5.29% | 3,241,618 | SC 13G | |
| Feb 04, 2022 | wellington management group llp | 10.06% | 6,158,549 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.1% | 4,952,683 | SC 13G/A | |
| Nov 10, 2021 | wellington management group llp | 10.57% | 6,411,044 | SC 13G/A |
Recent SEC filings of F5 Networks
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 14, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 05, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 05, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 15, 2023 | 4 | Insider Trading | |
| Aug 14, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 11, 2023 | 4 | Insider Trading | |
| Aug 11, 2023 | 4 | Insider Trading |
Peers (Alternatives to F5 Networks)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CSCO | 217.8B | 57.0B | -4.31% | 31.39% | 17.27 | 3.82 | 10.55% | 6.78% |
ANET | 55.8B | 5.3B | -5.00% | 60.23% | 32.64 | 10.6 | 50.27% | 65.17% |
MSI | 46.4B | 9.7B | -0.02% | 19.71% | 30.59 | 4.81 | 14.13% | 26.10% |
UI | 8.7B | 1.9B | -9.45% | -49.89% | 21.37 | 4.49 | 14.71% | 7.65% |
| MID-CAP | ||||||||
FFIV | 9.4B | 2.8B | 0.24% | 8.92% | 28.32 | 3.35 | 4.80% | -3.31% |
JNPR | 8.9B | 5.7B | -0.75% | 6.08% | 21.56 | 1.57 | 15.00% | 5.32% |
EXTR | 3.1B | 1.3B | -13.95% | 91.60% | 39.57 | 2.35 | 17.99% | 76.35% |
LITE | 3.1B | 1.8B | -12.73% | -34.88% | -23.42 | 1.74 | 3.18% | -166.16% |
VIAV | 2.0B | 1.1B | -12.02% | -30.62% | 80.27 | 1.85 | -14.42% | 64.52% |
VSAT | 1.9B | 2.8B | -27.15% | -36.07% | 1.81 | 0.68 | 13.98% | 1966.89% |
| SMALL-CAP | ||||||||
DGII | 1.0B | 438.4M | -8.16% | -12.47% | 34.62 | 2.34 | 21.25% | 132.41% |
COMM | 703.5M | 8.2B | -5.14% | -69.76% | -0.59 | 0.09 | -6.99% | -187.07% |
NTGR | 361.2M | 853.0M | -4.35% | -44.70% | -16.77 | 0.42 | -12.52% | 62.31% |
CMBM | 193.2M | 302.6M | -21.17% | -59.84% | 9.17 | 0.64 | 5.89% | 210.09% |
LTRX | 168.5M | 132.2M | 20.37% | -4.75% | -18.76 | 1.27 | 15.62% | -67.47% |
F5 Networks News
Returns for FFIV
Cumulative Returns on FFIV
6.2%
10-Year Cumulative Returns
4.0%
7-Year Cumulative Returns
-4%
5-Year Cumulative Returns
9.7%
3-Year Cumulative Returns
Risks for FFIV
What is the probability of a big loss on FFIV?
83.1%
Probability that F5 Networks stock will be more than 20% underwater in next one year
42.7%
Probability that F5 Networks stock will be more than 30% underwater in next one year.
6.9%
Probability that F5 Networks stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does FFIV drawdown profile look like?
Y-axis is the maximum loss one would have experienced if F5 Networks was unfortunately bought at previous high price.
Drawdowns
Financials for F5 Networks
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 1.0% | 2,806 | 2,778 | 2,709 | 2,696 | 2,678 | 2,655 | 2,666 | 2,603 | 2,536 | 2,468 | 2,406 | 2,351 | 2,326 | 2,307 | 2,268 | 2,242 | 2,215 | 2,194 | 2,182 | 2,161 | 2,137 |
| Gross Profit | 0.8% | 2,206 | 2,189 | 2,150 | 2,156 | 2,157 | 2,144 | 2,153 | 2,110 | 2,060 | 2,006 | 1,972 | 1,943 | 1,940 | 1,935 | 1,909 | 1,886 | 1,856 | 1,834 | 1,821 | 1,800 | 1,778 |
| Operating Expenses | 1.2% | 1,798 | 1,777 | 1,769 | 1,752 | 1,734 | 1,732 | 1,762 | 1,716 | 1,694 | 1,649 | 1,584 | 1,551 | 1,531 | 1,511 | 1,427 | 1,367 | 1,298 | 1,228 | 1,214 | 1,209 | 1,192 |
| S&GA Expenses | -2.1% | 910 | 930 | 926 | 927 | 923 | 933 | 949 | 930 | 917 | 892 | 862 | 843 | 840 | 824 | 780 | 749 | 691 | 661 | 660 | 664 | 666 |
| R&D Expenses | -1.8% | 551 | 561 | 555 | 543 | 530 | 524 | 529 | 513 | 508 | 491 | 460 | 441 | 424 | 425 | 412 | 408 | 400 | 377 | 372 | 366 | 356 |
| EBITDA | -100.0% | - | 525 | 492 | 509 | 534 | 526 | 505 | 508 | 479 | 471 | 498 | 499 | 514 | 524 | 577 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.19* | 0.18* | 0.19* | 0.20* | 0.20* | 0.19* | 0.19* | 0.19* | 0.19* | 0.21* | 0.21* | 0.22* | 0.23* | 0.25* | - | - | - | - | - | - |
| Interest Expenses | -22.2% | 7.00 | 9.00 | 10.00 | 8.00 | 6.00 | 5.00 | 5.00 | 5.00 | 6.00 | 7.00 | 8.00 | 7.00 | 6.00 | 4.00 | - | - | - | - | - | - | - |
| Earnings Before Taxes | 1.3% | 411 | 406 | 370 | 385 | 409 | 402 | 382 | 387 | 361 | 354 | 386 | 396 | 417 | 437 | 503 | 541 | 582 | 629 | 625 | 604 | 598 |
| EBT Margin | -100.0% | - | 0.15* | 0.14* | 0.14* | 0.15* | 0.15* | 0.14* | 0.15* | 0.14* | 0.14* | 0.16* | 0.17* | 0.18* | 0.19* | 0.22* | - | - | - | - | - | - |
| Net Income | 1.8% | 332 | 326 | 301 | 322 | 344 | 350 | 337 | 331 | 298 | 278 | 297 | 307 | 325 | 341 | 395 | 428 | 466 | 503 | 496 | 454 | 457 |
| Net Income Margin | -100.0% | - | 0.12* | 0.11* | 0.12* | 0.13* | 0.13* | 0.13* | 0.13* | 0.12* | 0.11* | 0.12* | 0.13* | 0.14* | 0.15* | 0.17* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 483 | 474 | 409 | 453 | 564 | 562 | 615 | 588 | 562 | 612 | 601 | 623 | 593 | 589 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -2.0% | 5,119 | 5,223 | 5,086 | 5,276 | 5,021 | 5,077 | 5,087 | 4,997 | 4,785 | 4,519 | 4,899 | 4,678 | 4,573 | 4,441 | 3,875 | 3,390 | 3,177 | 2,990 | 2,892 | 2,605 | 2,561 |
| Current Assets | -6.1% | 1,714 | 1,825 | 1,715 | 1,912 | 1,689 | 1,735 | 1,688 | 1,611 | 1,467 | 1,336 | 2,030 | 1,793 | 1,665 | 1,409 | 1,737 | 1,512 | 1,505 | 1,807 | 1,620 | 1,418 | 1,469 |
| Cash Equivalents | -7.8% | 677 | 735 | 606 | 758 | 546 | 590 | 516 | 584 | 587 | 535 | 1,030 | 853 | 718 | 579 | 739 | 602 | 691 | 728 | 481 | 426 | 599 |
| Inventory | -9.1% | 46.00 | 51.00 | 59.00 | 68.00 | 44.00 | 28.00 | 21.00 | 22.00 | 23.00 | 25.00 | 26.00 | 28.00 | 29.00 | 31.00 | 32.00 | 34.00 | 36.00 | 33.00 | 32.00 | 31.00 | 31.00 |
| Net PPE | 0.8% | 171 | 170 | 168 | 168 | 172 | 179 | 185 | 191 | 197 | 208 | 216 | 229 | 228 | 232 | 230 | 223 | 226 | 208 | 179 | 145 | 126 |
| Goodwill | 0.0% | 2,289 | 2,289 | 2,259 | 2,259 | 2,260 | 2,260 | 2,260 | 43.00 | 2,210 | 2,210 | 1,864 | 1,859 | 1,859 | 1,865 | 1,065 | 1,065 | 1,065 | 556 | 556 | 556 | 556 |
| Current Liabilities | -2.4% | 1,490 | 1,526 | 1,533 | 1,840 | 1,769 | 1,773 | 1,432 | 1,392 | 1,355 | 1,327 | 1,319 | 1,288 | 1,263 | 1,252 | 1,151 | 1,106 | 1,072 | 1,075 | 1,048 | 954 | 944 |
| LT Debt, Current | - | - | - | - | 350 | 355 | 359 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | - | - | - | - | - | - | - |
| LT Debt, Non Current | - | - | - | - | - | - | - | 345 | 350 | 355 | 359 | 364 | 369 | 374 | 379 | - | - | - | - | - | - | - |
| Shareholder's Equity | -2.5% | 2,658 | 2,726 | 2,582 | 2,469 | 2,323 | 2,397 | 2,405 | 2,360 | 2,192 | 2,008 | 2,402 | 2,232 | 2,154 | 1,998 | 1,929 | 1,761 | 1,624 | 1,467 | 1,409 | 1,285 | 1,266 |
| Retained Earnings | 3.5% | 2,647 | 2,558 | 2,477 | 2,404 | 2,315 | 2,338 | 2,281 | 2,188 | 2,077 | 1,988 | 2,033 | 1,946 | 1,868 | 1,798 | 1,737 | 1,638 | 1,543 | 1,457 | 1,418 | 1,287 | 1,268 |
| Shares Outstanding | -1.9% | 59.00 | 60.00 | 60.00 | 60.00 | 60.00 | 61.00 | 61.00 | 61.00 | 60.00 | 61.00 | 61.00 | 61.00 | 61.00 | 61.00 | 61.00 | 60.00 | 60.00 | 60.00 | 60.00 | 60.00 | 61.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 17.9% | 618 | 524 | 510 | 443 | 485 | 596 | 598 | 645 | 624 | 601 | 654 | 661 | 691 | 682 | 694 | 748 | 746 | 778 | 769 | 761 | 770 |
| Share Based Compensation | -2.2% | 243 | 248 | 248 | 249 | 250 | 250 | 249 | 243 | 235 | 225 | 212 | 202 | 193 | 183 | 172 | 163 | 156 | 154 | 156 | 158 | 163 |
| Cashflow From Investing | -50.7% | 115 | 233 | 322 | 218 | -44.25 | -312 | -507 | -445 | -237 | -125 | -696 | -747 | -1,056 | -1,223 | -383 | -414 | -348 | -190 | -395 | -456 | -307 |
| Cashflow From Financing | 1.2% | -598 | -605 | -735 | -476 | -477 | -227 | -602 | -468 | -517 | -520 | 334 | 337 | 394 | 395 | -52.36 | -155 | -305 | -453 | -503 | -551 | -550 |
| Buy Backs | 0.0% | 290 | 290 | 415 | 500 | 500 | 350 | 625 | 500 | 550 | 450 | 100 | 100 | 50.00 | 50.00 | 100 | 201 | 351 | 501 | 551 | 600 | 600 |
FFIV Income Statement
2023-06-30Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Net revenues | ||||
| Revenue from contract with customer, excluding assessed tax | $ 702,642 | $ 674,488 | $ 2,106,195 | $ 1,995,812 |
| Cost of net revenues | ||||
| Cost of net revenues | 141,683 | 130,733 | 452,344 | 392,165 |
| Gross profit | 560,959 | 543,755 | 1,653,851 | 1,603,647 |
| Operating expenses | ||||
| Sales and marketing | 207,202 | 226,731 | 673,383 | 689,592 |
| Research and development | 128,765 | 138,737 | 412,451 | 404,846 |
| General and administrative | 64,775 | 70,823 | 201,802 | 205,038 |
| Restructuring charges | 56,648 | 0 | 65,388 | 7,909 |
| Total | 457,390 | 436,291 | 1,353,024 | 1,307,385 |
| Income from operations | 103,569 | 107,464 | 300,827 | 296,262 |
| Other income (expense), net | 2,896 | (6,221) | 10,335 | (10,586) |
| Income before income taxes | 106,465 | 101,243 | 311,162 | 285,676 |
| Provision for income taxes | 17,489 | 18,224 | 68,348 | 52,862 |
| Net income | $ 88,976 | $ 83,019 | $ 242,814 | $ 232,814 |
| Net income per share — basic (dollars per share) | $ 1.48 | $ 1.38 | $ 4.04 | $ 3.85 |
| Weighted average shares — basic (shares) | 59,977 | 59,965 | 60,133 | 60,450 |
| Net income per share — diluted (dollars per share) | $ 1.48 | $ 1.37 | $ 4.02 | $ 3.80 |
| Weighted average shares — diluted (shares) | 60,314 | 60,460 | 60,463 | 61,345 |
| Product | ||||
| Net revenues | ||||
| Revenue from contract with customer, excluding assessed tax | $ 328,175 | $ 326,482 | $ 1,009,314 | $ 967,149 |
| Cost of net revenues | ||||
| Cost of net revenues | 87,940 | 73,558 | 286,590 | 226,454 |
| Service | ||||
| Net revenues | ||||
| Revenue from contract with customer, excluding assessed tax | 374,467 | 348,006 | 1,096,881 | 1,028,663 |
| Cost of net revenues | ||||
| Cost of net revenues | $ 53,743 | $ 57,175 | $ 165,754 | $ 165,711 |
FFIV Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Sep. 30, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 677,498 | $ 758,012 |
| Short-term investments | 13,109 | 126,554 |
| Accounts receivable, net of allowances of $5,172 and $6,020 | 439,518 | 469,979 |
| Inventories | 46,102 | 68,365 |
| Other current assets | 537,557 | 489,314 |
| Total current assets | 1,713,784 | 1,912,224 |
| Property and equipment, net | 171,147 | 168,182 |
| Operating lease right-of-use assets | 204,196 | 227,475 |
| Long-term investments | 5,887 | 9,544 |
| Deferred tax assets | 271,171 | 183,365 |
| Goodwill | 2,288,678 | 2,259,282 |
| Other assets, net | 464,293 | 516,122 |
| Total assets | 5,119,156 | 5,276,194 |
| Current liabilities | ||
| Accounts payable | 65,499 | 113,178 |
| Accrued liabilities | 274,255 | 309,819 |
| Deferred revenue | 1,149,787 | 1,067,182 |
| Current portion of long-term debt | 0 | 349,772 |
| Total current liabilities | 1,489,541 | 1,839,951 |
| Deferred tax liabilities | 3,883 | 2,781 |
| Deferred revenue, long-term | 641,647 | 624,398 |
| Operating lease liabilities, long-term | 250,077 | 272,376 |
| Other long-term liabilities | 76,505 | 67,710 |
| Total long-term liabilities | 972,112 | 967,265 |
| Commitments and contingencies (Note 8) | ||
| Shareholders' equity | ||
| Preferred stock, no par value; 10,000 shares authorized, no shares outstanding | 0 | 0 |
| Common stock, no par value; 200,000 shares authorized, 59,296 and 59,860 shares issued and outstanding | 32,519 | 91,048 |
| Accumulated other comprehensive loss | (21,936) | (26,176) |
| Retained earnings | 2,646,920 | 2,404,106 |
| Total shareholders' equity | 2,657,503 | 2,468,978 |
| Total liabilities and shareholders' equity | $ 5,119,156 | $ 5,276,194 |
F5, Inc. provides multi-cloud application security and delivery solutions for the security, performance, and availability of network applications, servers, and storage systems. The company's multi-cloud application security and delivery solutions enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud. It offers application security and delivery products, including BIG-IP appliances and VIPRION chassis and related software modules and software-only Virtual Editions; Local Traffic Manager and DNS Services; Advanced Firewall Manager and Policy Enforcement Manager that leverage the unique performance characteristics of its hardware and software architecture; Application Security Manager and Access Policy Manager; NGINX Plus and NGINX Controller; Shape Defense and Enterprise Defense; Secure Web Gateway, and Silverline DDoS and Application security offerings; and online fraud and abuse prevention solutions. The company also provides a range of professional services, including consulting, training, installation, maintenance, and other technical support services. F5, Inc. sells its products to large enterprise businesses, public sector institutions, governments, and service providers through distributors, value-added resellers, managed service providers, and systems integrators in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. It has partnerships with public cloud providers, such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform. The company was formerly known as F5 Networks, Inc. and changed its name to F5, Inc. in November 2021. F5, Inc. was incorporated in 1996 and is headquartered in Seattle, Washington.