F5, Inc. delivered a strong start to fiscal 2026, with first-quarter revenue rising 7% year-over-year to $822 million. Systems product revenue grew 11% to $410 million, while services and support climbed 4% to $412 million. Cloud services revenue powered much of the gain, surging 37% on increased adoption of multicloud application delivery and security solutions. Gross margins remained in the mid-70% range despite rising memory costs, and operating cash flow exceeded $200 million. Management raised full-year revenue guidance to 5–6% growth and increased adjusted EPS targets, citing robust demand from enterprise AI deployments and regulatory drivers in EMEA and APAC.

Rosen Law Firm has issued a reminder that shareholders who purchased F5 securities between October 28, 2024 and October 27, 2025 have until February 17, 2026 to seek lead-plaintiff status in a securities class action. The complaint alleges that F5 overstated its revenue outlook and minimized macroeconomic and seasonality risks, while concealing a significant security incident that allegedly put client data at risk. Eligible investors may join the litigation on a contingency-fee basis without out-of-pocket costs. Those wishing to participate or serve as lead plaintiff must file a motion with the court by the deadline.

As organizations worldwide shift from perimeter-based defenses to identity-centric architectures, the global Zero Trust market is forecast to reach $190.3 billion by 2035. F5 has expanded its portfolio with machine-identity management, cloud security posture management and AI runtime protection modules. In the past quarter, the company secured several seven-figure cloud security deals with global financial institutions and government agencies enforcing new data sovereignty regulations. These wins complement F5’s existing application delivery controller business and position the company to capture a growing share of enterprise migration budgets.