F5网络 2026年季度报告

FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromto Commission File Number 000-26041 F5, INC. (Exact name of registrant as specified in its charter) Washington(State or other jurisdiction of 801 5th AvenueSeattle, Washington 98104(Address of principal executive offices and zip code) (206) 272-5555(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ The number of shares outstanding of the registrant’s common stock as of January30, 2026 was 56,519,273. F5, INC. QUARTERLY REPORT ON FORM 10-Q For the Quarter Ended December31, 2025 Table of Contents PART I. FINANCIAL INFORMATION Item1. Financial Statements (unaudited)Consolidated Balance SheetsConsolidated Income StatementsConsolidated Statements of Comprehensive IncomeConsolidated Statements of Shareholders' EquityConsolidated Statements of Cash FlowsNotes to Consolidated Financial StatementsItem2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3. Quantitative and Qualitative Disclosures About Market RiskItem4. Controls and ProceduresPART II. OTHER INFORMATIONItem1. Legal ProceedingsItem1A. Risk FactorsItem2. Unregistered Sales of Equity Securities and Use of ProceedsItem 4. Mine Safety DisclosuresItem 5. Other InformationItem6. ExhibitsSIGNATURES PART I. FINANCIAL INFORMATION F5, INC. CONSOLIDATED BALANCE SHEETS(unaudited, in thousands) F5, INC. F5, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(unaudited, in thousands) F5, INC. F5, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS(unaudited, in thousands) F5, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited) 1. Summary of Significant Accounting Policies Description of Business F5, Inc. (the "Company") is a global leader in application delivery and security solutions which enables its customers to deploy,operate, secure, optimize, and govern every application and API across any architecture - on-premises, in the cloud, or at the edge. TheCompany's cloud, software, and hardware solutions enable its customers to deliver fast, available, and secure digital experiences totheir customers at scale. The Company's enterprise-grade application services are available as hardware, software, and SaaS solutionsoptimized for hybrid, multicloud environments, with modules that can run independently, or as part of an integrated solution on itshigh-performance appliances. In connection with its solutions, the Company offers a broad range of professional services, includingconsulting, training, maintenance, and other technical support services. Basis of Presentation The year-end consolidated balance sheet data was derived from audited financial statements but does not include all disclosuresrequired by accounting principles generally accepted in the United States of America ("GAAP"). In the opinion of management, theunaudited consolidated financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary fortheir fair statement in conformity with accounting principles generally accepted in the United States of America. Certain informationand footnote disclosures normally included in annual financial statements have been condensed or omitted in accordance with the rulesand regulations of the Securities and Exchange Commission ("SEC"). The information included in this