F5 (FFIV) FCF Margin (2009 - 2026)
F5's FCF Margin came in at 32.44% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 2.63 percentage points from 35.07% a year earlier and down 10.38 percentage points from the prior quarter.
F5 (FFIV) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, F5 reported FCF Margin of 29.30%, down 2.27 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 29.35%, up 2.29 percentage points from FY2024.
- FCF Margin has increased in each of the last three fiscal years, with a five-year change of +3.79 percentage points (FY2020 to FY2025).
- Going back by fiscal year, FCF Margin was 27.06% in FY2024 (+5.76 pp), 21.30% in FY2023 (+6.13 pp), 15.17% in FY2022 (-8.43 pp) and 23.61% in FY2021 (-1.96 pp).
- The five-year range for quarterly FCF Margin is 9.20% (fiscal Q3 2022) to 42.82% (fiscal Q2 2026).
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +2.09 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q3 2025 (a gain of 13.06 percentage points), and the weakest in fiscal Q3 2022 (a drop of 17.33 percentage points).
- Business Quant data shows FFIV's FCF Margin at 42.82% (Q2 2026), 18.18% (Q1 2026) and 23.69% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 27.28% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | -0.11% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 28.94% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 47.16% |
| 10 | F5 | 24.75 Bn | 19.16 Bn | 711.51 Mn | 32.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.44% |
| Mar 31, 2026 | 42.82% |
| Dec 31, 2025 | 18.18% |
| Sep 30, 2025 | 23.69% |
| Jun 30, 2025 | 35.07% |
| Mar 31, 2025 | 33.66% |
| Dec 31, 2024 | 25.40% |
| Sep 30, 2024 | 32.20% |
| Jun 30, 2024 | 22.01% |
| Mar 31, 2024 | 31.14% |
| Dec 31, 2023 | 22.56% |
| Sep 30, 2023 | 24.67% |
| Jun 30, 2023 | 21.35% |
| Mar 31, 2023 | 18.52% |
| Dec 31, 2022 | 20.64% |
| Sep 30, 2022 | 20.83% |
| Jun 30, 2022 | 9.20% |
| Mar 31, 2022 | 19.12% |
| Dec 31, 2021 | 11.61% |
| Sep 30, 2021 | 27.85% |
F5 FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FFIV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FFIV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FFIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();