F5 (FFIV) EBT Margin (2009 - 2026)
F5's (FFIV) quarterly EBT Margin came in at 26.15% in Q2 2026, down 115.0% year-over-year from 174.32% in Q2 2025, and up 12.17% quarter-over-quarter from 23.31% in Q1 2026.
Analysis
F5 (FFIV) EBT Margin (2009 - 2026) Analysis & Trends
F5 has disclosed EBT Margin across 18 years of filings, most recently posting 26.15% for Q2 2026.
- In Q2 2026, EBT Margin fell 115.0% year-over-year to 26.15%; the TTM figure through Jun 2026 stood at 25.79% (down 55.0% YoY), while the FY2025 annual figure was 26.18%, up 148.0% from the prior year.
- EBT Margin came in at 26.15% for Q2 2026 at F5, up from 23.31% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 27.3% in Q2 2025 to a low of 11.46% in Q1 2022.
- Average EBT Margin over 5 years is 21.63%, with a median of 24.05% recorded in 2024.
- Year-over-year, EBT Margin tumbled 386 bps in 2022 and surged 1149 bps in 2023.
- Over 5 years, EBT Margin stood at 13.69% in 2022, then jumped by 84 bps to 25.18% in 2023, then advanced by 8 bps to 27.27% in 2024, then declined by 1 bps to 27.1% in 2025, then declined by 4 bps to 26.15% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 26.15% in Q2 2026, 23.31% in Q1 2026, and 27.1% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -5.20% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 0.27% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 35.17% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 3.61% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 26.15% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -13.18% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 24.18% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 33.64% |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | -29.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.15% |
| Mar 31, 2026 | 23.31% |
| Dec 31, 2025 | 27.10% |
| Sep 30, 2025 | 26.55% |
| Jun 30, 2025 | 27.30% |
| Mar 31, 2025 | 23.42% |
| Dec 31, 2024 | 27.27% |
| Sep 30, 2024 | 27.26% |
| Jun 30, 2024 | 24.68% |
| Mar 31, 2024 | 21.42% |
| Dec 31, 2023 | 25.18% |
| Sep 30, 2023 | 24.73% |
| Jun 30, 2023 | 15.15% |
| Mar 31, 2023 | 15.47% |
| Dec 31, 2022 | 13.69% |
| Sep 30, 2022 | 14.24% |
| Jun 30, 2022 | 15.01% |
| Mar 31, 2022 | 11.46% |
| Dec 31, 2021 | 16.26% |
| Sep 30, 2021 | 18.11% |