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| 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% |