F5, Inc.
FFIV- Exchange
- Nasdaq
- Industry
- Computer Communications Equipment
- SEC CIK
- 0001048695
In the last 90 days, F5, Inc. insiders filed 0 open-market purchases and 10 sales; 836 institutions reported holding it in 13F filings for Q2 2026, worth $22.6B in total; superinvestors Duquesne Family Office and Maverick Capital hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:15 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 27, 2025 | Oct 28, 2024 | Oct 24, 2023 | Oct 25, 2022 | Oct 26, 2021 |
| Revenue | $3.09B | $2.82B | $2.81B | $2.70B | $2.60B |
| Cost of revenue | $574.0M | $557.6M | $593.3M | $539.6M | $493.1M |
| Gross profit | $2.51B | $2.26B | $2.22B | $2.16B | $2.11B |
| Operating expenses | $1.75B | $1.60B | $1.75B | $1.75B | $1.72B |
| Research and development | $539.8M | $490.1M | $540.3M | $543.4M | $512.6M |
| Selling, general and administrative | $322.3M | $268.8M | $263.4M | $274.6M | $273.6M |
| Operating income | $765.9M | $658.6M | $472.6M | $403.8M | $394.0M |
| Income tax | $116.0M | $128.7M | $91.0M | $63.2M | $55.7M |
| Net income | $692.4M | $566.8M | $394.9M | $322.2M | $331.2M |
| EPS, basic | $11.96 | $9.65 | $6.59 | $5.34 | $5.46 |
| EPS, diluted | $11.80 | $9.55 | $6.55 | $5.27 | $5.34 |
| Weighted shares, basic | 57.9M | 58.7M | 59.9M | 60.3M | 60.7M |
| Weighted shares, diluted | 58.7M | 59.4M | 60.3M | 61.1M | 62.1M |
| Margins and growth | |||||
| Gross margin | 81.4% | 80.2% | 78.9% | 80.0% | 81.1% |
| Operating margin | 24.8% | 23.4% | 16.8% | 15.0% | 15.1% |
| Net margin | 22.4% | 20.1% | 14.0% | 12.0% | 12.7% |
| Revenue growth, year over year | +9.7% | +0.1% | +4.4% | +3.6% | +10.7% |
| Net income growth, year over year | +22.2% | +43.5% | +22.6% | −2.7% | +7.7% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 27, 2025 | Oct 28, 2024 | Oct 24, 2023 | Oct 25, 2022 | Oct 26, 2021 |
| Cash and equivalents | $1.34B | $1.07B | $797.2M | $758.0M | $581.0M |
| Short-term investments | $0 | $0 | $6.16M | $126.6M | $329.6M |
| Accounts receivable | $414.4M | $389.0M | $454.8M | $470.0M | $340.5M |
| Inventory | $77.2M | $76.4M | $35.9M | $68.4M | $22.1M |
| Total current assets | $2.52B | $2.11B | $1.85B | $1.91B | $1.61B |
| Property, plant and equipment | $156.9M | $150.9M | $170.4M | $168.2M | $191.2M |
| Goodwill | $2.44B | $2.31B | $2.29B | $2.26B | $2.22B |
| Intangible assets | $96.3M | $111.6M | $151.0M | $200.3M | $237.2M |
| Total assets | $6.32B | $5.61B | $5.25B | $5.28B | $5.00B |
| Accounts payable | $84.0M | $67.9M | $63.3M | $113.2M | $62.1M |
| Short-term debt | – | – | $0 | $349.8M | $19.3M |
| Total current liabilities | $1.61B | $1.49B | $1.47B | $1.84B | $1.39B |
| Long-term debt | – | – | – | $0 | $349.8M |
| Shareholders' equity | $3.59B | $3.13B | $2.80B | $2.47B | $2.36B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 27, 2025 | Oct 28, 2024 | Oct 24, 2023 | Oct 25, 2022 | Oct 26, 2021 |
| Operating cash flow | $949.7M | $792.4M | $653.4M | $442.6M | $645.2M |
| Capital expenditures | $43.3M | $30.4M | $54.2M | $33.6M | $30.7M |
| Free cash flow | $906.4M | $762.0M | $599.2M | $409.0M | $614.5M |
| Depreciation and amortization | $92.4M | $107.0M | $112.7M | $115.6M | $115.4M |
| Stock-based compensation | $231.5M | $219.1M | $236.7M | $249.2M | $243.3M |
| Share buybacks | $502.1M | $500.6M | $350.0M | $500.0M | $500.0M |
| Investing cash flow | -$219.5M | -$59.2M | $36.4M | $218.1M | -$445.3M |
| Financing cash flow | -$464.8M | -$457.0M | -$653.3M | -$476.5M | -$468.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 7.5% | 7.8% | 8.4% | 9.2% | 9.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.