F5, Inc.

FFIV Technology Software Infrastructure

F5, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.1 billion, up 9.66% from fiscal 2024. In the quarter to June 2026, revenue grew 10.9%, EPS grew 11.6% and free cash flow grew 12.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three.

442.03 14.55 −3.19%
Market cap
$25.9B
P/E
34.8×
Fwd P/E
33.5×
Dividend yield
—
F-score
7/9
Altman Z
5.97
Beneish M
−2.76
Dividend safety
n/a

F5, Inc. (FFIV) Gross margin

Alert me on Gross margin

F5, Inc.'s gross margin over the twelve months to 30 June 2026 was 81.9%, up 0.5 percentage points from fiscal 2025 (81.4%). Over the past ten years it has ranged from 78.9% (fiscal 2023) to 84.1% (fiscal 2019); the current reading is higher than 45% of that period. That is above the Software Infrastructure industry median of 61.0% and above the Technology sector median of 47.2%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 81.4% 1.21
FY2024 80.2% 1.29
FY2023 78.9% (1.07)
FY2022 80.0% (1.08)
FY2021 81.1% (1.59)
FY2020 82.7% (1.45)
FY2019 84.1% 0.82
FY2018 83.3% 0.19
FY2017 83.1% (0.01)
FY2016 83.1% 0.41

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 82.3% 0.84
Mar 2026 81.4% (0.14)
Dec 2025 81.6% (0.69)
Sep 2025 82.2% 1.29
42 more quarters

Against its own ten years

Low 78.9% High 84.1%
Ten-year median 82.7%
Current reading's percentile 52

Gross margin against peers

Company Gross margin
CPAY Corpay, Inc. compare 100.0%
VRSN VeriSign, Inc. compare 88.5%
NTNX Nutanix compare 86.8%
FFIV F5, Inc. 81.9%
RBRK Rubrik, Inc. compare 80.2%
IOT Samsara Inc. compare 76.4%
MDB MongoDB, Inc. compare 72.7%
GPN Global Payments Inc. compare 63.9%
TOST Toast, Inc. compare 26.7%
Software Infrastructure industry median 61.0%
Technology sector median 47.2%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on FFIV