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F5 (FFIV) Cost of Revenue (2016 - 2025)

F5's Cost of Revenue history spans 17 years, with the latest figure at $224.8 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 59.97% year-over-year to $224.8 million; the TTM value through Dec 2025 reached $944.8 million, up 89.25%, while the annual FY2025 figure was $860.5 million, 54.31% up from the prior year.
  • Cost of Revenue for Q4 2025 was $224.8 million at F5, down from $430.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $453.3 million in Q2 2021 and bottomed at -$150.0 million in Q3 2022.
  • The 5-year median for Cost of Revenue is $203.1 million (2023), against an average of $195.8 million.
  • The largest annual shift saw Cost of Revenue tumbled 164.32% in 2022 before it skyrocketed 3438.76% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $234.0 million in 2021, then plummeted by 33.77% to $155.0 million in 2022, then increased by 28.33% to $198.9 million in 2023, then dropped by 29.37% to $140.5 million in 2024, then skyrocketed by 59.97% to $224.8 million in 2025.
  • Per Business Quant, the three most recent readings for FFIV's Cost of Revenue are $224.8 million (Q4 2025), $430.4 million (Q3 2025), and $148.6 million (Q2 2025).