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) Operating margin

Alert me on Operating margin

F5, Inc.'s operating margin over the twelve months to 30 June 2026 was 24.5%, down 0.3 percentage points from fiscal 2025 (24.8%). Over the past ten years it has ranged from 15.0% (fiscal 2022) to 28.8% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 24.8% 1.41
FY2024 23.4% 6.59
FY2023 16.8% 1.82
FY2022 15.0% (0.15)
FY2021 15.1% (1.56)
FY2020 16.7% (6.43)
FY2019 23.1% (4.22)
FY2018 27.3% 0.36
FY2017 27.0% (0.46)
FY2016 27.4% (1.36)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 24.7% 2.60
Mar 2026 22.1% (3.99)
Dec 2025 26.0% 0.65
Sep 2025 25.4% 0.23
42 more quarters

Against its own ten years

Low 15.0% High 28.8%
Ten-year median 23.4%
Current reading's percentile 57

Operating margin against peers

Company Operating margin
VRSN VeriSign, Inc. compare 67.9%
CPAY Corpay, Inc. compare 43.7%
FFIV F5, Inc. 24.5%
GPN Global Payments Inc. compare 12.8%
NTNX Nutanix compare 9.60%
TOST Toast, Inc. compare 6.33%
IOT Samsara Inc. compare 1.05%
MDB MongoDB, Inc. compare −0.52%
RBRK Rubrik, Inc. compare −18.3%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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