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F5 Q1 Earnings Call Highlights
['Mitch Edgeman']
Markets Daily
Subscription-based software revenue was $164 million, up 1% year-over-year, while perpetual licensed software revenue was $27 million, down year-over-year.
Recurring revenue contributed 69% of total revenue, defined as subscription-based revenue plus the maintenance portion of services revenue.
On AI, Locoh-Donou said demand is emerging in three areas: AI data delivery, AI runtime security, and “AI factory” load balancing.
Locoh-Donou said F5 “added nearly as many AI customers” in the quarter as in all of fiscal 2025.
About F5 (NASDAQ:FFIV)F5 Inc (NASDAQ:FFIV) specializes in application services and delivery networking, helping organizations ensure the availability, performance and security of their applications.