F5 fatura US$ 2,82 bilhões no ano fiscal de 2024
• Resultado representa um leve crescimento em relação ao mesmo período do ano passado;
• A receita de serviços globais cresceu 4% e, a de software, 11%;
• Receita do quarto trimestre de 2024 foi de US$ 747 milhões, um aumento de 6% em relação a 2023;
• No Q4, a participação de vendas de software avançou em 19%;
• O ano fiscal da F5 termina em 30 de setembro.
A F5 (NASDAQ: FFIV) anuncia o faturamento de US$ 2,82 bilhões no ano fiscal de 2024, o que significa um leve aumento referente aos US$ 2,81 bilhões do mesmo período de 2023. Em relação ao quarto trimestre do ano fiscal de 2024, a empresa faturou US$ 747 milhões, montante representa um crescimento de 6% ou US$ 40 milhões acima dos US$ 707 milhões alcançados no mesmo período do ano fiscal de 2023.
François Locoh-Donou, presidente e CEO da F5, detalha que a receita do ano fiscal de 2024 referente a software, de US$ 735 milhões, cresceu 11% em relação ao mesmo período do ano anterior. Já a receita referente a sistemas, de US$ 537 milhões, representou um declínio de 20% em relação ao mesmo período do ano anterior. No entanto, a receita referente a serviços globais, de US$ 1,54 bilhões, cresceu 4% em relação ao mesmo período do ano anterior.
De acordo com o executivo, a receita de software do quarto trimestre do ano fiscal de 2024, de US$ 228 milhões, cresceu 19% em relação ao mesmo período do ano anterior. A receita de sistemas de US$ 130 milhões representou um declínio de 3% em relação ao ano anterior. Contudo, a receita de serviços globais de US$ 388 milhões cresceu 2% em relação ao período do ano anterior.
O ano fiscal da F5 termina em 30 de setembro de 2024.
“Nossos resultados falam do poder de nosso portfólio e inovação, da força do nosso modelo operacional e da resiliência do nosso negócio”, continuou Locoh-Donou. “Em um tempo relativamente curto, remodelamos substancialmente a F5, passando de uma empresa de produto único centrada em hardware para uma líder em segurança e software no mundo multinuvem híbrida de hoje. A nossa transformação redefiniu o papel da F5 além do data center, aumentando o nosso valor para os clientes, diversificando a nossa receita e expandindo o nosso mercado atingível total”.
Locoh-Donou detalha que no ano fiscal de 2024, apesar de um cenário macro desafiador no início do ano, a F5 superou as próprias expectativas de crescimento de software. “Mantivemos uma disciplina operacional rigorosa, o que resultou em um crescimento de dois dígitos nos lucros por ação no ano”, disse.
Para o ano fiscal de 2025, a F5 projeta um crescimento total de 4% a 5% na receita e um aumento de 5% a 7% no lucro por ação não-GAAP em comparação com o ano fiscal de 2024. Considerando uma base neutra em termos de impostos, o ponto médio da previsão de lucro por ação não-GAAP da F5 para o ano fiscal de 2025 indica um crescimento de 10% em relação ao ano anterior.
“No primeiro trimestre do ano fiscal de 2025, a F5 espera alcançar uma receita entre USD 705 milhões e USD 725 milhões, com lucros não-GAAP variando de USD 3,29 a USD 3,41 por ação diluída”, estima Locoh-Donou.
Além disso, a F5 também anunciou que seu Conselho de Administração aprovou um adicional de US$ 1 bilhão para seu programa de recompra de ações ordinárias. “Esta nova autorização se soma aos US$ 422 milhões restantes no programa atual”, finaliza Locoh-Donou.
Uma conciliação de receita, lucro líquido, lucro por ação e outras medidas, em uma relação GAAP para não-GAAP, está incluída nas Demonstrações de Resultados Consolidadas, abaixo. Informações adicionais sobre informações financeiras não-GAAP estão incluídas neste comunicado.
Performance Summary Tables
GAAP Measures
| ($ in millions except EPS) | Q4 FY2024 | Q4 FY2023 | FY2024 | FY2023 |
| Revenue | $747 | $707 | $2,816 | $2,813 |
| Gross profit | $603 | $566 | $2,258 | $2,220 |
| Gross margin | 80.8% | 80.1% | 80.2% | 78.9% |
| Operating profit | $191 | $172 | $659 | $473 |
| Operating margin | 25.6% | 24.3% | 23.4% | 16.8% |
| Net income | $165 | $152 | $567 | $395 |
| EPS | $2.80 | $2.55 | $9.55 | $6.55 |
Non-GAAP Measures
| ($ in millions except EPS) | Q4 FY2024 | Q4 FY2023 | FY2024 | FY2023 |
| Gross profit | $619 | $585 | $2,332 | $2,293 |
| Gross margin | 83.0% | 82.7% | 82.8% | 81.5% |
| Operating profit | $257 | $240 | $946 | $850 |
| Operating margin | 34.4% | 33.9% | 33.6% | 30.2% |
| Net income | $217 | $209 | $794 | $705 |
| EPS | $3.67 | $3.50 | $13.37 | $11.70 |
Forward Looking Statements
This press release contains forward-looking statements including, among other things, F5’s position as a security and software leader in today’s multicloud world, F5’s role beyond the data center, F5’s value to customers, , the Company’s future financial performance including revenue, earnings growth, future customer demand, and the performance and benefits of the Company’s products. These, and other statements that are not historical facts, are forward-looking statements. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors. Such forward-looking statements involve risks and uncertainties, as well as assumptions and other factors that, if they do not fully materialize or prove correct, could cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: customer acceptance of offerings; continued disruptions to the global supply chain resulting in inability to source required parts for F5’s products or the ability to only do so at greatly increased prices thereby impacting our revenues and/or margins; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; F5’s ability to successfully integrate acquired businesses’ products with F5 technologies; the ability of F5’s sales professionals and distribution partners to sell new solutions and service offerings; the timely development, introduction and acceptance of additional new products and features by F5 or its competitors; competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into F5’s markets, and new product and marketing initiatives by our competitors; increased sales discounts; the business impact of the acquisitions and potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement of completion of acquisitions; uncertain global economic conditions which may result in reduced customer demand for our products and services and changes in customer payment patterns; litigation involving patents, intellectual property, shareholder and other matters, and governmental investigations; potential security flaws in the Company’s networks, products or services; cybersecurity attacks on its networks, products or services; natural catastrophic events; a pandemic or epidemic; F5’s ability to sustain, develop and effectively utilize distribution relationships; F5’s ability to attract, train and retain qualified product development, marketing, sales, professional services and customer support personnel; F5’s ability to expand in international markets; the unpredictability of F5’s sales cycle; the ability of F5 to execute on its share repurchase program including the timing of any repurchases; future prices of F5’s common stock; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K and other documents that we may file or furnish from time to time, which could cause actual results to vary from expectations. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in F5’s most recent reports on Forms 10-Q and 10-K as each may be amended from time to time. All forward-looking statements in this press release are based on information available as of the date hereof and qualified in their entirety by this cautionary statement. F5 assumes no obligation to revise or update these forward-looking statements.
GAAP to non-GAAP Reconciliation
F5’s management evaluates and makes operating decisions using various operating measures. These measures are generally based on the revenues of its products, services operations, and certain costs of those operations, such as cost of revenues, research and development, sales and marketing and general and administrative expenses. One such measure is GAAP net income excluding, as applicable, stock-based compensation, amortization, and impairment of purchased intangible assets, facility-exit costs, acquisition-related charges, net of taxes, restructuring charges, and certain non-recurring tax expenses and benefits, which is a non-GAAP financial measure under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. This measure of non-GAAP net income is adjusted by the amount of additional taxes or tax benefit that the Company would accrue if it used non-GAAP results instead of GAAP results to calculate the Company’s tax liability.
The non-GAAP adjustments, and F5’s basis for excluding them from non-GAAP financial measures, are outlined below:
Stock-based compensation. Stock-based compensation consists of expense for stock options, restricted stock, and employee stock purchases through the Company’s Employee Stock Purchase Plan. Although stock-based compensation is an important aspect of the compensation of F5’s employees and executives, management believes it is useful to exclude stock-based compensation expenses to better understand the long-term performance of the Company’s core business and to facilitate comparison of the Company’s results to those of peer companies.
Amortization and impairment of purchased intangible assets. Purchased intangible assets are amortized over their estimated useful lives, and generally cannot be changed or influenced by management after the acquisition. On a non-recurring basis, when certain events or circumstances are present, management may also be required to write down the carrying value of its purchased intangible assets and recognize impairment charges. Management does not believe these charges accurately reflect the performance of the Company’s ongoing operations; therefore, they are not considered by management in making operating decisions. However, investors should note that the use of intangible assets contributed to F5’s revenues earned during the periods presented and will contribute to F5’s future period revenues as well.
Facility-exit costs. F5 has incurred certain non-recurring right-of-use asset impairment charges, and other related recurring costs in connection with the exit of its leased facilities. These charges are not representative of the ongoing activity or costs to the business. As a result, these charges are being excluded to provide investors with a more comparable measure of costs associated with ongoing operations.
Acquisition-related charges, net. F5 does not acquire businesses on a predictable cycle and the terms and scope of each transaction can vary significantly and are unique to each transaction. F5 excludes acquisition-related charges from its non-GAAP financial measures to provide a useful comparison of the Company’s operating results to prior periods and to its peer companies. Acquisition-related charges consist of planning, execution and integration costs incurred directly as a result of an acquisition.
Restructuring charges. F5 has incurred restructuring charges that are included in its GAAP financial statements, primarily related to workforce reductions and costs associated with exiting facility-lease commitments. F5 excludes these items from its non-GAAP financial measures when evaluating its continuing business performance as such items vary significantly based on the magnitude of the restructuring action and do not reflect expected future operating expenses. In addition, these charges do not necessarily provide meaningful insight into the fundamentals of current or past operations of its business.
Management believes that non-GAAP net income per share provides useful supplemental information to management and investors regarding the performance of the Company’s core business operations and facilitates comparisons to the Company’s historical operating results. Although F5’s management finds this non-GAAP measure to be useful in evaluating the performance of the core business, management’s reliance on this measure is limited because items excluded from such measures could have a material effect on F5’s earnings and earnings per share calculated in accordance with GAAP. Therefore, F5’s management will use its non-GAAP earnings and earnings per share measures, in conjunction with GAAP earnings and earnings per share measures, to address these limitations when evaluating the performance of the Company’s core business. Investors should consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures in accordance with GAAP.
F5 believes that presenting its non-GAAP measures of earnings and earnings per share provides investors with an additional tool for evaluating the performance of the Company’s core business and is used by management in its own evaluation of the Company’s performance. Investors are encouraged to look at GAAP results as the best measure of financial performance. However, while the GAAP results are more complete, the Company provides investors these supplemental measures since, with reconciliation to GAAP, it may provide additional insight into the Company’s operational performance and financial results.
For reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the section in our attached Condensed Consolidated Income Statements entitled “Non-GAAP Financial Measures.”
Consolidated Income Statements ›
Consolidated Statements of Cash Flows ›
###
Sobre a F5
A F5, uma empresa de segurança e serviços para aplicações multicloud, tem o compromisso de dar vida a um mundo digital melhor. A F5 é parceira das maiores e mais avançadas organizações do mundo, protegendo e otimizando todas as aplicações e APIs em qualquer lugar – on-premises, na nuvem ou na borda. A F5 capacita as organizações a fornecer a seus clientes experiências digitais seguras excepcionais e a permanecer continuamente à frente das ameaças. Para maiores informações, acesse f5.com (NASDAQ: FFIV).
Você pode também seguir @F5 no X (Twitter) ou visitar-nos no LinkedIn e no Facebook para obter mais informações acerca da F5, seus parceiros e tecnologias. F5, AppWorld, Distributed Cloud Services, BIG-IP, NGINX e AI Data Fabric são marcas registradas, marcas de serviço ou nomes comerciais da F5, Inc., nos EUA e em outros países. Todos os outros nomes de produtos e empresas aqui mencionados podem ser marcas registradas de seus respectivos proprietários.
