F5 (FFIV) Cost of Revenue (2009 - 2026)
F5's (FFIV) quarterly Cost of Revenue came in at $153.6 million in Q2 2026, up 3.32% year-over-year from $148.6 million in Q2 2025, and up 1.77% quarter-over-quarter from $150.9 million in Q1 2026.
Analysis
F5 (FFIV) Cost of Revenue (2009 - 2026) Analysis & Trends
F5 has disclosed Cost of Revenue across 18 years of filings, most recently posting $153.6 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 3.32% year-over-year to $153.6 million; the TTM figure through Jun 2026 stood at $600.1 million (up 4.59% YoY), while the FY2025 annual figure was $574.0 million, up 2.93% from the prior year.
- Cost of Revenue came in at $153.6 million for Q2 2026 at F5, up from $150.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $155.7 million in Q1 2023 to a low of $126.4 million in Q1 2022.
- Average Cost of Revenue over 5 years is $143.7 million, with a median of $142.7 million recorded in 2023.
- The largest YoY upside for Cost of Revenue was 23.18% in 2023 against a maximum downside of 12.01% in 2023.
- Over 5 years, Cost of Revenue stood at $155.0 million in 2022, then dropped by 12.01% to $136.4 million in 2023, then climbed by 3.02% to $140.5 million in 2024, then advanced by 8.02% to $151.8 million in 2025, then rose by 1.17% to $153.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $153.6 million in Q2 2026, $150.9 million in Q1 2026, and $151.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 268.33 Bn | 265.22 Bn | 2.03 Bn | 974.00 Mn |
| 2 | CrowdStrike Holdings | 212.48 Bn | 207.46 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 114.81 Bn | 110.74 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Axon Enterprise | 40.79 Bn | 40.12 Bn | 546.45 Mn | 357.94 Mn |
| 5 | Zscaler | 26.04 Bn | 22.57 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.49 Bn | 711.51 Mn | 153.56 Mn |
| 7 | Rubrik | 18.84 Bn | 17.09 Bn | 335.12 Mn | 92.14 Mn |
| 8 | Gen Digital | 17.82 Bn | 17.26 Bn | 1.03 Bn | 307.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 99.50 Mn |
| 10 | SentinelOne | 6.64 Bn | 5.99 Bn | 210.42 Mn | 81.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 153.56 Mn |
| Mar 31, 2026 | 150.90 Mn |
| Dec 31, 2025 | 151.79 Mn |
| Sep 30, 2025 | 143.88 Mn |
| Jun 30, 2025 | 148.63 Mn |
| Mar 31, 2025 | 140.96 Mn |
| Dec 31, 2024 | 140.51 Mn |
| Sep 30, 2024 | 143.72 Mn |
| Jun 30, 2024 | 136.43 Mn |
| Mar 31, 2024 | 141.11 Mn |
| Dec 31, 2023 | 136.39 Mn |
| Sep 30, 2023 | 140.96 Mn |
| Jun 30, 2023 | 141.68 Mn |
| Mar 31, 2023 | 155.65 Mn |
| Dec 31, 2022 | 155.01 Mn |
| Sep 30, 2022 | 147.46 Mn |
| Jun 30, 2022 | 130.73 Mn |
| Mar 31, 2022 | 126.36 Mn |
| Dec 31, 2021 | 135.07 Mn |
| Sep 30, 2021 | 128.68 Mn |