What move does the options market price into F5's report?

Implied ±17.1%, either direction · provisional.

How often does F5 move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

FFIVNasdaqComputer Communications Equipment

F5, Inc. (FFIV) earnings date, market-implied expected move, and options open interest by expiry

329.72

−1.43 · −0.43%

post 330.00 +0.08%

Closed19:42 ET

Open336.81Volume1.0MMkt cap$18.8BP/E25.96EPS12.71

Day327.29 – 336.8128%52-wk223.76 – 483.3041%

FFIV

F5, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.1%implied · straddle

273.37386.07

spot 329.72exp Feb 19ATM strike 330ATM straddle 66.30IV 47%

Nov 4 closeprovisional

Expected move

Inputs

Next report

Jan 26

after close · in 82 days

est.Q1 FY27

Calendar

Next report

Last report

−20.43%

vs ±10.2% implied · ×1.99

shaded = implied · ▲▼ = realized

Oct 27 '26 · confirmed

Implied vs realized

Largest filed tie

—

Largest filed tie

13F top-10 QoQ

−6.37%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

830 managers

Top fund weight

0.75%

FFIV weight · FTC

N-PORTJul 31 '26

10 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

F5 (FFIV) is expected to report on Jan 26 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±9.4%
avg realized: ±7.8%

Jan 28 '25Jan 28 '25confirmed±7.6%▲+11.40%×1.51

Apr 28 '25Apr 28 '25confirmed±9.2%▼−0.89%×0.10

Jul 30 '25Jul 30 '25confirmed±7.5%▲+4.83%×0.64

Oct 27 '25Oct 27 '25confirmed±10.0%▼−7.86%×0.79

Q1 FY26Jan 27 '26confirmed±10.1%▲+8.09%×0.80

Q2 FY26Apr 28 '26confirmed±9.1%▲+8.02%×0.88

Q3 FY26Jul 27 '26confirmed±11.4%▼−1.10%×0.10

Oct 27 '26Oct 27 '26confirmed±10.2%▼−20.43%×1.99

quarterimplied−25%0+25%realized×

Oct '26±10.2%▼−20.43%×1.99

Q3 FY26±11.4%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 5 expiries · Nov 3 close

1.83OI · 5 expiries · Nov 3 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2,547−7%Nov 2015d0.514,989+17%0.51

1,468+17%Dec 1843d0.552,692+4%0.55

646+3%Jan 1571d0.441,465+5%0.44

report · Jan 26 · after close · est.

986+30%Feb 19106d538+1%

114+5%Apr 16162d0.67170+33%0.67

ExpiryPutsCallsP/C

Nov 2015d2,547−7%4,989+17%0.51

Dec 1843d1,468+17%2,692+4%0.55

Jan 1571d646+3%1,465+5%0.44

report · Jan 26 · after close · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±17.1%

Funds 4

FTC±0.1%

Linked exposure

Revenue flow

as filedQ3 FY26

24.07%as filednet margin · revenue +6.58% QoQ · +10.85% YoY

Revenue

$865M+6.58% QoQ

Gross profit

$712M+7.67% QoQ

82.25% margin

Operating income

$213M+19.13% QoQ

24.65% margin

Pre-tax income

$226M+19.54% QoQ

Net income

$208M+40.91% QoQ

24.07% margin

Cost of revenue

$154M+1.77% QoQ

Operating expenses

$498M+3.42% QoQ

Marketing $238M

R&D $165M

SG&A $96M

Tax

$18M−56.61% QoQ

Other income

$13M+26.80% QoQ

Revenue$865M+6.58%

Gross profit

$712M+7.67%

82.25% margin

Operating income

$213M+19.13%

24.65% margin

Pre-tax income

$226M+19.54%

Net income

$208M+40.91%

24.07% margin

Cost of revenue

$154M+1.77%

Operating expenses

$498M+3.42%

Marketing $238M

R&D $165M

SG&A $96M

Other income$13M+26.80%

Tax$18M−56.61%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:30 ET

Intraday

Event sensitivity

FOMC ×2.25· ±3.1% vs ±1.4% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.1%12 of 24×2.25

CPIconsumer prices±2.1%6 of 11×1.52

NFPjobs report±1.9%4 of 10×1.39

PCEpersonal income & outlays±1.5%13 of 20×1.12

PPIproducer prices±1.4%2 of 11×1.00

CPROFcorporate profits±1.3%6 of 12×0.93

GDPgross domestic product±1.0%10 of 20×0.71

Bar = avg |move| to ±4% · tick = ±1.4% avg day · ×base = |move| ÷ ±1.4% · min 6 releases

Earnings history

EPS 3.62 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Jul 27 '26 · confirmed	3.62	—
Q2 FY26	Apr 28 '26 · confirmed	2.58	—
Q1 FY26	Jan 27 '26 · confirmed	3.10	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod