F5 (FFIV) Gross Margin (2009 - 2026)

F5 has disclosed Gross Margin across 18 years of filings, most recently posting 81.41% for Q1 2026.

• Gross Margin for Q1 2026 came in at 81.41%, up 69.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 81.54% (up 65.0% YoY), and the FY2025 annual result was 81.41%, up 122.0% from the prior year.
• Gross Margin came in at 81.41% for Q1 2026 at F5, roughly flat 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.
• The 5-year median for Gross Margin is 80.38% (2024), against an average of 80.27%.
• Across the five-year window, Gross Margin sank 247 bps in 2022 and jumped 244 bps in 2023, its largest moves.
• F5's Gross Margin stood at 77.87% in 2022, then rose by 3 bps to 80.31% in 2023, then rose by 2 bps to 81.67% in 2024, then slipped by 0 bps to 81.55% in 2025, then slipped by 0 bps to 81.41% in 2026.
• The last three Gross Margin figures came in at 81.41% (Q1 2026), 81.55% (Q4 2025), and 82.24% (Q3 2025), per Business Quant data.