Growth Metrics

F5 (FFIV) Gross Margin (2016 - 2025)

F5's Gross Margin history spans 17 years, with the latest figure at 81.55% for Q4 2025.

  • For Q4 2025, Gross Margin fell 12.0% year-over-year to 81.55%; the TTM value through Dec 2025 reached 81.39%, up 82.0%, while the annual FY2025 figure was 81.41%, 122.0% up from the prior year.
  • Gross Margin for Q4 2025 was 81.55% at F5, down from 82.24% in the prior quarter.
  • Across five years, Gross Margin topped out at 82.24% in Q3 2025 and bottomed at 77.86% in Q1 2023.
  • The 5-year median for Gross Margin is 80.36% (2021), against an average of 80.31%.
  • The largest annual shift saw Gross Margin tumbled -258bps in 2021 before it surged 244bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 80.34% in 2021, then decreased by -3bps to 77.87% in 2022, then grew by 3bps to 80.31% in 2023, then grew by 2bps to 81.67% in 2024, then dropped by 0bps to 81.55% in 2025.
  • Per Business Quant, the three most recent readings for FFIV's Gross Margin are 81.55% (Q4 2025), 82.24% (Q3 2025), and 80.95% (Q2 2025).