Saturday 17 October 2026 Export FFIV’s income statement to Excel — free account

F5, Inc.

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%

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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 29.06

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	6	7	4	7	5	—	9	2	1	7	2	—

Insider Ownership 0.72%

Capital & Financial Ratios $m

Market Cap 25,850.00

Revenue 3,309.33

Net Income 726.51

Free Cash Flow 969.60

Net Debt (1,605.78)

Current Ratio 1.66

Debt/Equity 0.00

P/E ratio 34.81

Fwd P/E 33.50

P/S ratio 7.58

P/B ratio 6.50

Past 5Y EPS Growth 18.69%

This Y EPS Growth 9.63%

Next Y EPS Growth 3.99%

Next Y revenue growth 9.58%

Next 5Y EPS Growth 8.38%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 87.28%

10-year low 10-year high

P/S against its own 10 years 99.37%

10-year low 10-year high

P/B against its own 10 years 76.19%

10-year low 10-year high

EV/Sales against its own 10 years 99.37%

10-year low 10-year high

EV/FCF against its own 10 years 99.37%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	803	1,075	1,344	1,606
Receivables	455	389	414	429
Inventory	36	76	77	127
Other	555	569	683	786
	1,849	2,109	2,519	2,947

	2023	2024	2025	Q'26
Payables	63	68	84	136
ST’ Debt	—	—	—	—
Other	—	—	—	—
	1,473	1,490	1,613	1,770

Compound Annual Growth %

	10y	5y	3y
Sales	4.87%	5.61%	4.63%
Cash Flow	3.33%	7.52%	28.98%
Earnings	6.61%	17.63%	29.05%
Book Value	10.56%	9.98%	13.31%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	822	812	865	—	—
’25	766	731	780	810	3,088
’24	693	681	695	747	2,816
’23	700	703	703	707	2,813
’22	687	634	674	700	2,696
’21	625	645	652	682	2,603
’20	569	583	583	615	2,351

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	159	366	316	—	—
’25	203	257	282	208	950
’24	165	222	159	247	792
’23	158	141	165	190	653
’22	90	127	71	154	443
’21	137	128	182	197	645
’20	144	182	159	176	661

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	151	346	281	—	—
’25	195	246	250	192	906
’24	156	212	153	240	762
’23	145	130	150	174	599
’22	80	121	62	146	409
’21	133	119	173	190	615
’20	122	169	147	164	601

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	3.10	2.58	3.62	—	—
’25	2.82	2.48	3.25	3.26	11.80
’24	2.32	2.00	2.44	2.80	9.55
’23	1.20	1.34	1.48	2.55	6.55
’22	1.51	0.92	1.37	1.49	5.27
’21	1.41	0.70	1.46	1.80	5.34
’20	1.62	1.00	1.14	1.26	5.01

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	86.03	114.63	131.31	121.36	79.78	173.41	133.68	127.05	159.01	223.76	Analyst estimates 2026–2028 Powerpack
	High	148.34	149.50	199.71	173.44	178.09	249.00	245.59	180.70	264.50	346.00
People
People	Employees	4,395	4,366	4,409	5,325	6,109	6,461	7,089	6,524	6,557	6,578
	Revenue/emp, $m	0.45	0.48	0.49	0.42	0.38	0.40	0.38	0.43	0.43	0.47
Income, $m
Income, $m	Revenue	1,995	2,090	2,161	2,242	2,351	2,603	2,696	2,813	2,816	3,088
	Gross margin, %	83.10	83.09	83.28	84.10	82.65	81.06	79.98	78.91	80.20	81.41
	EBT	550	576	604	541	396	387	385	486	695	808
	EBT margin, %	27.56	27.54	27.93	24.13	16.86	14.86	14.30	17.28	24.70	26.18
	Net income	366	421	454	428	307	331	322	395	567	692
	Depreciation	57	61	59	69	96	115	116	113	107	92
Per share, $
Per share, $	Revenue	29.59	32.57	35.28	37.35	38.59	42.88	44.73	46.96	47.96	53.33
	Earnings	5.43	6.56	7.41	7.12	5.05	5.46	5.34	6.59	9.65	11.96
	Cash flow	10.55	11.54	12.42	12.45	10.85	10.63	7.34	10.91	13.49	16.40
	Capex	(1.01)	(0.67)	(0.86)	(1.72)	(0.98)	(0.50)	(0.56)	(0.90)	(0.52)	(0.75)
	Free cash flow	9.54	10.87	11.57	10.73	9.87	10.12	6.79	10.00	12.98	15.65
	Book value	17.58	19.16	20.98	29.34	36.65	38.88	40.96	46.74	53.29	62.03
	Shares, m	67	64	61	60	61	61	60	60	59	58
Valuation, ×
Valuation, ×	P/E	22.91	18.83	25.73	19.75	24.31	36.41	27.05	24.54	22.82	27.05
	P/S	4.21	3.80	5.41	3.76	3.18	4.64	3.24	3.45	4.59	6.06
	P/B	7.09	6.46	9.10	4.79	3.35	5.11	3.53	3.47	4.13	5.21
	EV/Sales	3.77	3.31	4.93	3.33	2.83	4.43	3.17	3.41	4.46	5.99
	EV/FCF	11.69	9.92	15.12	11.65	11.15	18.88	21.07	16.12	16.56	20.98
Cash, $m
Cash, $m	Operating cash flow	712	740	761	748	661	645	443	653	792	950
	Capex	(68)	(43)	(52)	(104)	(60)	(31)	(34)	(54)	(30)	(43)
	Free cash flow	643	698	709	644	601	615	409	599	762	906
Balance, $m
Balance, $m	Working capital	445	472	463	406	505	220	72	376	620	906
	Total debt	—	—	—	—	388	369	350	281	—	786
	Net debt	(882)	(1,017)	(1,039)	(972)	(822)	(542)	(535)	(803)	(1,075)	(558)
	Shareholders’ equity	1,185	1,229	1,285	1,761	2,232	2,360	2,469	2,800	3,129	3,592
Returns, %
Returns, %	ROA	15.84	17.59	17.85	14.27	7.62	6.85	6.27	7.51	10.44	11.60
	ROIC	112.96	165.90	150.08	41.06	17.38	13.54	13.05	14.79	20.03	15.78
	ROE	29.25	34.85	36.08	28.08	15.40	14.43	13.34	14.99	19.12	20.60

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MDB MongoDB, Inc.	$29.5B	456×	2,423×	+30.50% (above 0%: growing)	n/m	+94.79% (above 0%: growing)	73.83%	3.68%	Compare
VRSN VeriSign, Inc.	$27.5B	32.8×	31.1×	+6.03% (above 0%: growing)	+7.69% (above 0%: growing)	+9.30% (above 0%: growing)	88.50%	68.18%	Compare
CPAY Corpay, Inc.	$26.7B	24.0×	16.3×	+21.49% (above 0%: growing)	−6.95% (below 0%: shrinking)	+30.16% (above 0%: growing)	100.00%	35.28%	Compare
FFIV F5, Inc.	$25.9B	34.8×	33.5×	+10.85% (above 0%: growing)	+11.55% (above 0%: growing)	+12.46% (above 0%: growing)	82.25%	24.65%
IOT Samsara Inc.	$24.9B	241×	208×	+29.88% (above 0%: growing)	n/m	+46.50% (above 0%: growing)	77.21%	0.96%	Compare
RBRK Rubrik, Inc.	$24.6B	— (loss-making)	— (loss-making)	+37.89% (above 0%: growing)	n/m	+14.13% (above 0%: growing)	78.44%	(16.83%)	Compare
GPN Global Payments Inc.	$22.3B	— (loss-making)	— (loss-making)	+68.63% (above 0%: growing)	−94.95% (below 0%: shrinking)	−35.83% (below 0%: shrinking)	61.04%	10.15%	Compare
NTNX Nutanix	$18.9B	12.0×	42.2×	+15.89% (above 0%: growing)	+3,250.00% (above 0%: growing)	+33.59% (above 0%: growing)	86.03%	9.24%	Compare
TOST Toast, Inc.	$18.7B	38.0×	27.8×	+23.10% (above 0%: growing)	+92.86% (above 0%: growing)	−37.50% (below 0%: shrinking)	27.04%	7.97%	Compare
Median of peers	$24.8B	35.4×	36.7×	+26.49%	+7.69%	+22.14%	77.83%	8.60%

All 173 Software Infrastructure stocks →

F5, Inc. (FFIV) key facts

Strength: F5, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.1 billion, up 9.66% from fiscal 2024.
Strength: Net income was $692.4 million, or $11.96 per share (basic), a net margin of 22.4%.
F5, Inc. (FFIV) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, FFIV traded at $442.03, a market capitalization of $25.9 billion.
At that price the stock trades at 34.8× trailing-twelve-month earnings and 7.6× sales; its P/E is higher than 87% of its own readings over the past ten years.
Return on equity was 20.6% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 5.97 (safe zone) for fiscal 2025.