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
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%