F5, Inc. (FFIV) earnings on July 27, 2026

After the market closes Q2 2026

More F5, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

F5's strong earnings report couldn't prevent a volatile session; the stock plunged nearly 10% before recovering to close flat.

FFIV price around the earnings

403.46

Change: -1.1%

2026-07-28, 20:00 UTC

Start of the measured window End of the measured window
369.19 385.53 401.86 418.20 407.96
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
July 27, 2026 July 28, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Pre-release: Strong historical earnings beats (100%, +16.1% avg) contrast with severe recent trend weakness, analyst hold ratings, and negative macro backdrop.

Context analyzed before publication

Trend
Severe deterioration: -4.1 to -80.6 over 5 days; after a strong recent drop but broken support suggests continued pressure.

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.54
Analysts covering the stock
10
Average price target
419.5
Lowest price target
300
Highest price target
500
Upside to price target
3.1%
Quarterly earnings growth
1.5%
Revenue growth
11%
Forward EPS
17.68
Trailing EPS
12.2
Analyst moves in the last 60 days
4
  • Strong buy: 3
  • Buy: 2
  • Hold: 7
  • Sell: 0
  • Strong sell: 1
Strong buy
3
Buy
2
Hold
7
Sell
0
Strong sell
1
  • June 9, 2026 · RBC Capital: Maintains rating (Outperform → Outperform)
  • May 29, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
  • May 29, 2026 · RBC Capital: Reiterates rating (Outperform → Outperform)
  • May 29, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (2)

Technicals

Evidence

Average true range (ATR)
2.9%
Distance to 52-week high
-5.7%
14-day change (14d)
-8.8%
30-day change (30d)
+2.0%
30-day relative strength
+1.3%
SPY change (30d)
+0.8%
Nearest support
391.3
Nearest resistance
393.44
Volume accumulation ratio (14d / 46d)
0.74

Trends

Evidence

Average earnings surprise
+16.1%
  • April 28, 2026: actual EPS 3.9 vs estimate 3.46 (surprise +12.9%)
  • January 27, 2026: actual EPS 4.45 vs estimate 3.65 (surprise +21.9%)
  • October 27, 2025: actual EPS 4.39 vs estimate 3.97 (surprise +10.6%)
  • July 30, 2025: actual EPS 4.16 vs estimate 3.49 (surprise +19.2%)

Expected move

Implied move
+3.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
6.7%
75th percentile move
8.6%
90th percentile move
11.7%
Up / down moves
12 / 8
Average up move
+6.6%
Average down move
-6.1%

Monitoring and close

What F5, Inc. reported

Status
Finished
Actual EPS4.73
EPS estimate4
EPS surprise+18.3%
Revenue$865 million
Revenue estimate$833 million
Revenue surprise+3.9%

F5 beat Q3 estimates; multiple analysts raise price targets. Shares fell 8.3% despite optimistic outlook.

Sources (10)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Accurate
Consolidated
-1.1%
Max favorable move (MFE)
9.9%
Max adverse move (MAE)
4.6%