F5 (FFIV) Gross Margin (2009 - 2026)
F5 (FFIV) posted Gross Margin of 81.41% for Q1 2026, little changed sequentially from 81.55% in Q4 2025, and up 69.0% YoY from 48.17% in Q1 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.
- Quarterly Gross Margin rose 69.0% year-over-year to 81.41% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 81.54% (up 65.0% YoY) and the FY2025 annual result came in at 81.41%, up 122.0% from the prior year.
- Gross Margin held at 81.41% in Q1 2026 per FFIV's latest filing, from 81.55% in the prior quarter.
- The five-year high for Gross Margin was 82.24% in Q3 2025, with the low at 77.86% in Q1 2023.
- Average Gross Margin over 5 years is 80.27%, with a median of 80.38% recorded in 2024.
- Year-over-year, Gross Margin tumbled 247 bps in 2022 and surged 244 bps in 2023.
- F5's Gross Margin stood at 77.87% in 2022, then climbed by 3 bps to 80.31% in 2023, then climbed by 2 bps to 81.67% in 2024, then fell by 0 bps to 81.55% in 2025, then fell 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | F5 | 24.05 Bn | 22.61 Bn | 660.80 Mn | 81.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |