FFIVNasdaqComputer Communications EquipmentFiscal year ends September 30
F5, INC.
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$450.80+8.77 (+1.98%)
Close on Oct 19, 2026
- Market cap
- $25.94B
- P/E (TTM)
- 35.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
81.4%−1.2 pts over 5 years
Operating margin
24.8%+8.1 pts over 5 years
Net margin
22.4%+9.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.7% | +4.6% | +5.6% | +4.9% | |
| Gross profit | +11.3% | +5.3% | +5.3% | +4.7% | |
| Operating income | +16.3% | +23.8% | +14.3% | +3.3% | |
| Net income | +22.2% | +29.0% | +17.6% | +6.6% | |
| EPS, diluted | +23.6% | +30.8% | +18.7% | +8.9% | |
| Free cash flow | +18.9% | +30.4% | +8.6% | +3.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 15.8% | 7.6% | 11.6% | |
| Current ratio | 1.53 | 1.39 | 1.56 | |
| Net debt to EBITDA | – | -0.95× | – | |
| Inventory turnover | 10.0× | 13.1× | 7.5× | |
| Capex to revenue | 3.2% | 2.5% | 1.4% | |
| Diluted shares | 68M | 61M | 59M |
Where the cash went
Fiscal 2021 to 2025, five years combined
F5 generated $3.48B from operations and spent $2.54B on capital expenditure, dividends and share buybacks. 8% of that went back into the business.
Generated
$3.48B
Used
$2.54B
Capital expenditure$192.13M8%Dividends$00%Share buybacks$2.35B92%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$692.38M
- Cash generatingOperating cash flow above zero$949.67M
- Return on assets improvedROA up on the prior year10.8% → 12.3%
- Earnings backed by cashOperating cash flow above net income$949.67M vs $692.38M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.42 → 1.56
- No dilutionShare count did not rise59M → 59M
- Gross margin improvedGross margin up on the prior year80.20% → 81.41%
- More efficientAsset turnover rose0.54 → 0.55