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F5 (FFIV) Risk Factor Changes

Latest 10-K compared with the year before

F5 Risk Factor Changes

Latest 10-K compared with the year before. 26 changes found.

RewrittenClimate change and associated regulation may have an impact on…

Climate change and associated regulation may have an impact on our business

RewrittenOur quarterly and annual operating results have varied significantly in…

Our quarterly and annual operating results have varied significantly in the past and could vary significantly in the future, which makes it difficult for us to predict our future operating results.

RewrittenOur provision for income taxes is subject to volatility and…

Our provision for income taxes is subject to volatility and could be affected by changes in our business operations, including acquisitions, new offerings, and changes in the jurisdictions in which we operate.

Rewrittenlicensing discussions with others regarding their claimed proprietary rights and…

licensing discussions with others regarding their claimed proprietary rights and cannot provide assurance that we will always successfully defend ourselves against such claims and such matters are subject to many unce…

RewrittenWe are a party to lawsuits in the normal course…

We are a party to lawsuits in the normal course of our business.

RewrittenThe markets we serve are rapidly evolving and highly competitive,…

The markets we serve are rapidly evolving and highly competitive, and we expect competition to persist and intensify in the future.

RewrittenOur ability to successfully offer our products and services in…

Our ability to successfully offer our products and services in a rapidly evolving market requires an effective planning, forecasting, and management process to enable us to effectively scale and adjust our business an…

RewrittenAny errors, defects, control failures, or vulnerabilities in our products…

Any errors, defects, control failures, or vulnerabilities in our products or IT infrastructure, including the Cyber Incident, could result in:

Rewrittenthose of our partners and customers are subject to the…

those of our partners and customers are subject to the increasing threat of intrusions by a wide range of bad actors and malicious parties, including computer programmers, hackers or sophisticated nation-state and nat…

Removeddeterioration of a major customer’s creditworthiness or actual defaults are…

deterioration of a major customer’s creditworthiness or actual defaults are higher than expected, future losses, if incurred, could harm our business and have a material adverse effect on our operating results.

RemovedOur provision for income taxes is subject to volatility and…

Our provision for income taxes is subject to volatility and could be affected by changes in our business operations, including acquisitions, new offerings, and changes in the jurisdictions in which we operate.

Removedcircumstances relating to intellectual property rights disputes could result in…

circumstances relating to intellectual property rights disputes could result in our business and results of operations being harmed.

RemovedIn addition, the impact of Brexit on EU-UK political, trade,…

In addition, the impact of Brexit on EU-UK political, trade, economic and diplomatic relations continues to be uncertain and such impact may not be fully realized for several years or more.

Removed•economic uncertainty around the world, including continued economic uncertainty as…

•economic uncertainty around the world, including continued economic uncertainty as a result of sovereign debt issues in Europe; and

RemovedOur products must successfully operate with products from other vendors.…

Our products must successfully operate with products from other vendors.

AddedOur industry is characterized by the existence of a large…

Our industry is characterized by the existence of a large number of patents and frequent claims and related litigation regarding patent and other intellectual property rights.

Added•economic uncertainty around the world, including geopolitical, trade, economic and…

•economic uncertainty around the world, including geopolitical, trade, economic and diplomatic relations may result in regulatory, operational, and cost challenges to our global operations; and

Addedand financial objectives, optimize operations, and drive efficiencies for long-term…

and financial objectives, optimize operations, and drive efficiencies for long-term growth and profitability, which resulted in restructuring charges.

AddedFurther, our Distributed Cloud Services infrastructure is dependent on our…

Further, our Distributed Cloud Services infrastructure is dependent on our IT systems and related software interfaces, including third-party cloud hosting providers, in order to maintain a reliable and consistent leve…

AddedWe have not seen any evidence of modification to our…

We have not seen any evidence of modification to our software supply chain, including our source code and our build release pipelines.

AddedAs a result of the Cyber Incident and market forces…

As a result of the Cyber Incident and market forces beyond our control, the cost of our insurance may increase substantially, and we may not be able to obtain additional or comparable insurance coverage on commerciall…

AddedWe may expend significant costs and expenses related to the…

We may expend significant costs and expenses related to the Cyber Incident including in connection with our investigations, and to address the damage to our reputation, customer, employee and partner relations.

AddedThe Cyber Incident may harm our reputation, our customers, employee…

The Cyber Incident may harm our reputation, our customers, employee and partner relations and our operations and business.

AddedThe Cyber Incident has had and may continue to have…

The Cyber Incident has had and may continue to have an adverse effect on our business, reputation, customer, employee and partner relations, results of operations, financial condition and cash flows

AddedIn the ordinary course of business, we store sensitive data,…

In the ordinary course of business, we store sensitive data, including intellectual property, personal data, our proprietary business information and that of our customers, suppliers and business partners on our netwo…

Added•The Cyber Incident has had and may continue to have…

•The Cyber Incident has had and may continue to have an adverse effect on our business, reputation, customer, employee and partner relations, results of operations, financial condition and cash flows;

Full wording for every change is in Pro.

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