F5, Inc. (FFIV)

Nasdaq Information Technology Communications Equipment S&P 500

$310.84

-0.90 (-0.29%)

Close of Nov 06, 2026 · end-of-day data

Source: F5, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.00B	$2.09B	$2.16B	$2.24B	$2.35B	$2.60B	$2.70B	$2.81B	$2.82B	$3.09B
Cost of revenue	$337.20M	$353.49M	$361.48M	$356.58M	$407.89M	$493.15M	$539.63M	$593.31M	$557.65M	$573.98M
Gross profit	$1.66B	$1.74B	$1.80B	$1.89B	$1.94B	$2.11B	$2.16B	$2.22B	$2.26B	$2.51B
Research & development	$334.23M	$350.37M	$366.08M	$408.06M	$441.32M	$512.63M	$543.37M	$540.28M	$490.12M	$539.82M
Operating income	$547.38M	$563.96M	$590.90M	$518.46M	$392.27M	$394.02M	$403.79M	$472.57M	$658.59M	$765.95M
Pre-tax income	$549.89M	$575.52M	$603.76M	$541.11M	$396.40M	$386.94M	$385.39M	$485.99M	$695.47M	$808.34M
Income tax	$184.04M	$154.76M	$150.07M	$113.38M	$88.96M	$55.70M	$63.23M	$91.04M	$128.69M	$115.96M
Net income	$365.86M	$420.76M	$453.69M	$427.73M	$307.44M	$331.24M	$322.16M	$394.95M	$566.78M	$692.38M
EBITDA	$604.15M	$625.10M	$650.39M	$586.97M	$488.12M	$509.45M	$519.40M	$585.27M	$765.58M	$858.35M
EPS (basic)	$5.43	$6.56	$7.41	$7.12	$5.05	$5.46	$5.34	$6.59	$9.65	$11.96
EPS (diluted)	$5.38	$6.50	$7.32	$7.08	$5.01	$5.34	$5.27	$6.55	$9.55	$11.80
Diluted shares	67.98M	64.78M	62.01M	60.46M	61.38M	62.06M	61.10M	60.27M	59.36M	58.68M
Gross margin	83.1%	83.1%	83.3%	84.1%	82.6%	81.1%	80.0%	78.9%	80.2%	81.4%
Operating margin	27.4%	27.0%	27.3%	23.1%	16.7%	15.1%	15.0%	16.8%	23.4%	24.8%
Net margin	18.3%	20.1%	21.0%	19.1%	13.1%	12.7%	12.0%	14.0%	20.1%	22.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$514.57M	$673.23M	$424.71M	$599.22M	$849.56M	$580.98M	$758.01M	$797.16M	$1.07B	$1.34B
Short-term investments	$367.82M	$343.70M	$614.71M	$373.06M	$360.33M	$329.63M	$126.55M	$6.16M	$0	$0
Receivables	$268.18M	$291.92M	$295.35M	$322.03M	$296.18M	$340.54M	$469.98M	$454.83M	$389.02M	$414.43M
Inventory	$34.05M	$29.83M	$30.57M	$34.40M	$27.90M	$22.05M	$68.36M	$35.87M	$76.38M	$77.23M
Total current assets	$1.29B	$1.41B	$1.42B	$1.51B	$1.79B	$1.61B	$1.91B	$1.85B	$2.11B	$2.52B
Goodwill	$555.97M	$555.97M	$555.97M	$1.07B	$1.86B	$2.22B	$2.26B	$2.29B	$2.31B	$2.44B
Total assets	$2.31B	$2.48B	$2.61B	$3.39B	$4.68B	$5.00B	$5.28B	$5.25B	$5.61B	$6.32B
Total current liabilities	$844.24M	$934.54M	$954.43M	$1.11B	$1.29B	$1.39B	$1.84B	$1.47B	$1.49B	$1.61B
Short-term debt	—	—	—	$0	$19.27M	$19.27M	$349.77M	$0	—	—
Long-term debt	—	—	—	$0	$369.05M	$349.77M	$0	—	—	—
Total debt	—	—	—	$0	$388.32M	$369.05M	$349.77M	$0	—	—
Total liabilities	$1.12B	$1.25B	$1.32B	$1.63B	$2.45B	$2.64B	$2.81B	$2.45B	$2.48B	$2.73B
Shareholders' equity	$1.19B	$1.23B	$1.29B	$1.76B	$2.23B	$2.36B	$2.47B	$2.80B	$3.13B	$3.59B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$711.53M	$740.28M	$761.07M	$747.84M	$660.90M	$645.20M	$442.63M	$653.41M	$792.42M	$949.67M
Capital expenditures	$63.49M	$38.68M	$53.47M	$103.54M	$59.94M	$30.65M	$33.62M	$54.18M	$30.41M	$43.26M
Free cash flow	$648.05M	$701.60M	$707.60M	$644.30M	$600.96M	$614.54M	$409.01M	$599.23M	$762.01M	$906.41M
Investing cash flow	$62.72M	-$32.21M	-$456.02M	-$414.63M	-$747.00M	-$445.33M	$218.12M	$36.39M	-$59.21M	-$219.49M
Financing cash flow	-$652.65M	-$546.03M	-$551.26M	-$155.45M	$337.24M	-$468.28M	-$476.51M	-$653.30M	-$457.00M	-$464.81M
Share buybacks	$700.12M	$600.09M	$600.08M	$201.04M	$100.02M	$500.00M	$500.02M	$350.05M	$500.56M	$502.08M
Stock-based compensation	$156.76M	$175.33M	$157.85M	$162.91M	$201.95M	$243.28M	$249.22M	$236.65M	$219.11M	$231.49M
Depreciation & amortization	$56.78M	$61.15M	$59.49M	$68.51M	$95.86M	$115.42M	$115.61M	$112.70M	$106.99M	$92.40M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	$706.97M	$692.60M	$681.35M	$695.50M	$746.67M	$766.49M	$731.12M	$780.37M	$810.09M	$822.47M	$811.70M	$865.08M
Cost of revenue	$140.96M	$136.39M	$141.11M	$136.43M	$143.72M	$140.51M	$140.96M	$148.63M	$143.88M	$151.78M	$150.90M	$153.56M
Gross profit	$566.01M	$556.21M	$540.24M	$559.07M	$602.95M	$625.98M	$590.16M	$631.74M	$666.21M	$670.68M	$660.80M	$711.51M
Research & development	$127.83M	$119.58M	$122.21M	$124.39M	$123.95M	$130.52M	$136.56M	$136.34M	$136.39M	$141.16M	$151.04M	$164.66M
Operating income	$171.74M	$164.52M	$139.96M	$163.09M	$191.03M	$205.08M	$158.90M	$196.32M	$205.65M	$214.19M	$179.02M	$213.27M
Pre-tax income	$174.83M	$174.40M	$145.93M	$171.62M	$203.51M	$209.04M	$171.20M	$213.02M	$215.07M	$222.92M	$189.22M	$226.20M
Income tax	$22.69M	$36.02M	$26.91M	$27.54M	$38.22M	$42.60M	$25.67M	$23.11M	$24.58M	$42.87M	$41.46M	$17.99M
Net income	$152.13M	$138.38M	$119.02M	$144.08M	$165.30M	$166.44M	$145.53M	$189.91M	$190.49M	$180.05M	$147.75M	$208.21M
EBITDA	$201.27M	$193.78M	$167.98M	$189.87M	$213.95M	$227.75M	$181.37M	$218.79M	$230.44M	$238.80M	$203.59M	$236.69M
EPS (basic)	$2.55	$2.34	$2.02	$2.46	$2.83	$2.85	$2.51	$3.29	$3.31	$3.12	$2.61	$3.67
EPS (diluted)	$2.53	$2.32	$2.00	$2.44	$2.80	$2.82	$2.48	$3.25	$3.26	$3.10	$2.58	$3.62
Diluted shares	-193.00K	59.65M	59.58M	59.15M	-102.00K	59.06M	58.76M	58.49M	-89.00K	58.16M	57.30M	57.55M
Gross margin	80.1%	80.3%	79.3%	80.4%	80.8%	81.7%	80.7%	81.0%	82.2%	81.5%	81.4%	82.2%
Operating margin	24.3%	23.8%	20.5%	23.4%	25.6%	26.8%	21.7%	25.2%	25.4%	26.0%	22.1%	24.7%
Net margin	21.5%	20.0%	17.5%	20.7%	22.1%	21.7%	19.9%	24.3%	23.5%	21.9%	18.2%	24.1%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Cash & equivalents	$797.16M	$822.57M	$902.68M	$934.81M	$1.07B	$1.15B	$1.26B	$1.43B	$1.34B	$1.20B	$1.44B	$1.61B
Short-term investments	$6.16M	$3.29M	$802.00K	$812.00K	$0	$0	$0	$0	$0	$0	$0	$0
Receivables	$454.83M	$513.18M	$388.32M	$419.99M	$389.02M	$484.99M	$379.62M	$359.86M	$414.43M	$493.63M	$425.64M	$428.68M
Inventory	$35.87M	$35.84M	$69.76M	$78.54M	$76.38M	$73.24M	$67.88M	$66.92M	$77.23M	$79.89M	$90.30M	$126.89M
Total current assets	$1.85B	$1.96B	$1.95B	$1.99B	$2.11B	$2.34B	$2.34B	$2.49B	$2.52B	$2.52B	$2.70B	$2.95B
Goodwill	$2.29B	$2.29B	$2.31B	$2.31B	$2.31B	$2.31B	$2.32B	$2.32B	$2.44B	$2.44B	$2.44B	$2.48B
Total assets	$5.25B	$5.35B	$5.38B	$5.41B	$5.61B	$5.90B	$5.91B	$6.11B	$6.32B	$6.29B	$6.50B	$6.83B
Total current liabilities	$1.47B	$1.52B	$1.50B	$1.46B	$1.49B	$1.59B	$1.52B	$1.55B	$1.61B	$1.62B	$1.68B	$1.77B
Short-term debt	$0	—	—	—	—	—	—	—	—	—	—	—
Total debt	$0	—	—	—	—	—	—	—	—	—	—	—
Total liabilities	$2.45B	$2.49B	$2.45B	$2.40B	$2.48B	$2.66B	$2.59B	$2.64B	$2.73B	$2.75B	$2.85B	$2.97B
Shareholders' equity	$2.80B	$2.86B	$2.93B	$3.01B	$3.13B	$3.24B	$3.31B	$3.47B	$3.59B	$3.54B	$3.65B	$3.86B

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Operating cash flow	$189.80M	$165.32M	$221.64M	$158.96M	$246.50M	$202.78M	$256.60M	$282.22M	$208.07M	$159.21M	$365.92M	$316.25M
Capital expenditures	$15.38M	$9.05M	$9.46M	$5.85M	$6.06M	$8.07M	$10.50M	$8.54M	$16.14M	$9.72M	$18.35M	$35.64M
Free cash flow	$174.42M	$156.27M	$212.18M	$153.11M	$240.44M	$194.71M	$246.09M	$273.68M	$191.93M	$149.49M	$347.57M	$280.61M
Investing cash flow	-$7.57M	-$7.13M	-$39.89M	-$6.45M	-$5.74M	-$9.97M	-$20.60M	-$25.11M	-$163.80M	-$10.56M	-$18.67M	-$84.97M
Financing cash flow	-$61.39M	-$134.97M	-$101.17M	-$118.99M	-$101.87M	-$114.68M	-$129.60M	-$93.38M	-$127.16M	-$293.02M	-$103.26M	-$67.90M
Share buybacks	$60.01M	$150.02M	$100.01M	$150.02M	$100.51M	—	—	$125.01M	$125.01M	—	—	$100.01M
Stock-based compensation	$53.27M	$56.00M	$55.14M	$54.21M	$53.76M	$57.91M	$58.88M	$57.45M	$57.25M	$60.01M	$68.00M	$65.53M
Depreciation & amortization	$29.53M	$29.27M	$28.02M	$26.78M	$22.93M	$22.67M	$22.47M	$22.47M	$24.79M	$24.61M	$24.57M	$23.43M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.