F5 (FFIV) Gross Margin (2009 - 2026)

F5 (FFIV) reported Gross Margin of 81.41% for Q1 2026, up 69.0% on a YoY basis from 48.17% in Q1 2025, and little changed sequentially from 81.55% in Q4 2025.

F5 (FFIV) Gross Margin (2009 - 2026) Analysis & Trends

F5 (FFIV) has 18 years of Gross Margin data on file, last reported at 81.41% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 69.0% year-over-year to 81.41%; the trailing twelve-month figure through Mar 2026 stood at 81.54% (up 65.0% YoY), and the FY2025 full-year result was 81.41%, up 122.0% from the prior year.
  • Gross Margin was little changed at 81.41% in Q1 2026, from 81.55% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 82.24% in Q3 2025 to a low of 77.86% in Q1 2023.
  • A 5-year average of 80.27% and a median of 80.38% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 247 bps in 2022 and jumped 244 bps in 2023, its largest moves.
  • Tracing FFIV's Gross Margin over 5 years: stood at 77.87% in 2022, then increased by 3 bps to 80.31% in 2023, then increased by 2 bps to 81.67% in 2024, then decreased by 0 bps to 81.55% in 2025, then decreased by 0 bps to 81.41% in 2026.
  • Business Quant data shows FFIV's Gross Margin at 81.41% in Q1 2026, 81.55% in Q4 2025, and 82.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 37.74%
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 86.78%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 76.12%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 80.29%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 71.21%
10 F5 23.06 Bn 21.62 Bn 660.80 Mn 81.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 81.41%
Dec 31, 2025 81.55%
Sep 30, 2025 82.24%
Jun 30, 2025 80.95%
Mar 31, 2025 80.72%
Dec 31, 2024 81.67%
Sep 30, 2024 80.75%
Jun 30, 2024 80.38%
Mar 31, 2024 79.29%
Dec 31, 2023 80.31%
Sep 30, 2023 80.06%
Jun 30, 2023 79.84%
Mar 31, 2023 77.86%
Dec 31, 2022 77.87%
Sep 30, 2022 78.93%
Jun 30, 2022 80.62%
Mar 31, 2022 80.08%
Dec 31, 2021 80.34%
Sep 30, 2021 81.13%
Jun 30, 2021 81.44%