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

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
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 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 34.81
Fwd P/E 33.50
P/S ratio 7.58
P/B ratio 6.50 (above 6: high)
Past 5Y EPS Growth 18.69% (at or above 15%: strong)
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
EV/Sales is 7.4×, against a ten-year median of 3.8×; over the ten years it ranged from 2.6× in 2020 to 7.5× in 2026.
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.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

F5, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

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 →

FFIV metrics, ten years each

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.

Source: company filings (standardised) and stockrow calculations.

F5, Inc. (FFIV) Latest News

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stockrow.com/FFIV · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com