“We have built a strong business model with nearly 70% recurring revenue, product revenue that is split 50% hardware and 50% software, and global services revenue that has proven durable. The result is a diversified and resilient revenue base which, when combined with operating discipline, enables us to drive revenue and earnings growth in this environment.”
At F5, our mission is based on the fact that businesses depend on apps.
Our long-standing belief that applications are the most valuable assets of any organization in the digital age has been the foundation of our strategy to become the leader in multi-cloud application services. When you combine F5’s and NGINX’s expertise powering over half of the world’s applications across all types of environments, with Shape’s insight from mitigating one billion application attacks per day, you have a company that knows how to deliver and secure more applications, and more value, than any company in the industry.
This means that we are able to deliver and protect applications revenue generating, brand-anchoring applications—from the point at which they are created through to the point when consumers interact with them. In other words, from “code to customer.” This makes the combined forces of F5, NGINX and Shape absolutely essential to every digital organization in the world, including the world’s largest enterprises, service providers, financial and educational institutions, government entities, and consumer brands.
We also care deeply about how we do it. Our culture is how we live, every single day. And it’s producing extraordinary results not only for our customers, but also for our employees.