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.

338.27 25.19 −6.93%
Market cap
$20.6B
P/E
26.6×
Fwd P/E
36.4×
Dividend yield
—
F-score
7/9
Altman Z
5.97
Beneish M
−2.76
Dividend safety
n/a

F5, Inc. (FFIV) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Service 1,579 51.15%
Product 1,509 48.85%
Gross margin 81.41%
Operating margin 24.80%
Pre-tax margin 26.18%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017
Service 1,579 1,543 1,479 1,379 1,356 1,325 1,257 1,201 1,125
Product 1,509 1,273 1,335 1,317 1,247 1,026 986 960 965
Revenue 3,088 2,816 2,813 2,696 2,603 2,351 2,242 2,161 2,090

Gross profit by product or service $m, and margin

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
United States 1,631 1,488 1,487 1,487 1,366 1,221 1,138 1,088 1,075 1,019 1,005 896 778 729 628 482
EMEA 827 756 742 635 667 593 554 546 507 488 464 404 327 294 240 201
APAC 537 479 487 488 478 440 443 411 398 287 268 252 219 199 160 104
Other Americas 93 93 97 86 92 96 108 116 110 106 95 90 74 64 49 36
Japan — — — — — — — — — 95 88 90 83 91 75 59
Total Americas 1,724 1,581 1,584 1,573 1,458 1,317 1,246 1,204 1,186 1,125 1,100 986 852 793 677 517
Revenue 3,088 2,816 2,813 2,696 2,603 2,351 2,242 2,161 2,090 1,995 1,920 1,732 1,481 1,377 1,152 882

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Remaining performance obligations Q3 FY2026 $2.2B $2.0B +10.00%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.