F5 (FFIV) Net Margin (2009 - 2026)

F5's (FFIV) quarterly Net Margin came in at 18.2% in Q1 2026, down 170.0% year-on-year from 26.0% in Q1 2025, and down 16.85% quarter-over-quarter from 21.89% in Q4 2025.

F5 (FFIV) Net Margin (2009 - 2026) Analysis & Trends

F5 has disclosed Net Margin across 18 years of filings, most recently posting 18.2% for Q1 2026.

  • Net Margin for Q1 2026 came in at 18.2%, down 170.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.96% (up 83.0% YoY), and the FY2025 annual result was 22.42%, up 229.0% from the prior year.
  • Net Margin came in at 18.2% for Q1 2026 at F5, down from 21.89% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 24.34% in Q2 2025 to a low of 8.87% in Q1 2022.
  • The 5-year median for Net Margin is 19.9% (2025), against an average of 17.64%.
  • Across the five-year window, Net Margin sank 347 bps in 2022 and soared 964 bps in 2023, its largest moves.
  • F5's Net Margin stood at 10.34% in 2022, then jumped by 93 bps to 19.98% in 2023, then increased by 9 bps to 21.72% in 2024, then advanced by 1 bps to 21.89% in 2025, then dropped by 17 bps to 18.2% in 2026.
  • The last three Net Margin figures came in at 18.2% (Q1 2026), 21.89% (Q4 2025), and 23.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 38.34%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 5.06%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 21.52%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 53.68%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 16.65%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 4.71%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 28.90%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 2.69%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -3.58%
10 F5 22.41 Bn 20.97 Bn 660.80 Mn 18.20%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.20%
Dec 31, 2025 21.89%
Sep 30, 2025 23.52%
Jun 30, 2025 24.34%
Mar 31, 2025 19.90%
Dec 31, 2024 21.72%
Sep 30, 2024 22.14%
Jun 30, 2024 20.72%
Mar 31, 2024 17.47%
Dec 31, 2023 19.98%
Sep 30, 2023 21.52%
Jun 30, 2023 12.66%
Mar 31, 2023 11.58%
Dec 31, 2022 10.34%
Sep 30, 2022 12.76%
Jun 30, 2022 12.31%
Mar 31, 2022 8.87%
Dec 31, 2021 13.62%
Sep 30, 2021 16.23%
Jun 30, 2021 13.75%