F5, Inc. (FFIV) financials
F5 revenue and earnings by year
F5's revenue was $3.09 billion in the fiscal year to September 30, 2025, up 9.7% from the year before. Net income was $692 million, 22.4% of revenue. Since the fiscal year to September 30, 2016, revenue has grown 5.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.09 | 2.82 | 2.81 | 2.70 | 2.60 | 2.35 | 2.24 | 2.16 | 2.09 | 2.00 |
| Revenue growth | 9.7% | 0.1% | 4.4% | 3.6% | 10.7% | 4.8% | 3.7% | 3.4% | 4.8% | — |
| Gross profit | 2.51 | 2.26 | 2.22 | 2.16 | 2.11 | 1.94 | 1.89 | 1.80 | 1.74 | 1.66 |
| Gross margin | 81.4% | 80.2% | 78.9% | 80.0% | 81.1% | 82.6% | 84.1% | 83.3% | 83.1% | 83.1% |
| Operating income | 0.77 | 0.66 | 0.47 | 0.40 | 0.39 | 0.39 | 0.52 | 0.59 | 0.56 | 0.55 |
| Operating margin | 24.8% | 23.4% | 16.8% | 15.0% | 15.1% | 16.7% | 23.1% | 27.3% | 27.0% | 27.4% |
| Net income | 0.69 | 0.57 | 0.39 | 0.32 | 0.33 | 0.31 | 0.43 | 0.45 | 0.42 | 0.37 |
| Net margin | 22.4% | 20.1% | 14.0% | 12.0% | 12.7% | 13.1% | 19.1% | 21.0% | 20.1% | 18.3% |
| Diluted EPS | $11.80 | $9.55 | $6.55 | $5.27 | $5.34 | $5.02 | $7.09 | $7.35 | $6.53 | $5.40 |
| Free cash flow | 0.91 | 0.76 | 0.60 | 0.41 | 0.61 | 0.60 | 0.64 | 0.71 | 0.70 | 0.65 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FFIV in Markets.
How F5 makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $463M | 53.5% |
| Services | $402M | 46.5% |
See also: FFIV valuation and P/E history · FFIV returns
No forecast, no recommendation. This page describes F5, Inc. from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.