F5 (FFIV) Net Margin (2009 - 2026)

F5 (FFIV) posted Net Margin of 18.2% for Q1 2026, down 16.85% sequentially from 21.89% in Q4 2025, and down 170.0% YoY from 26.0% in Q1 2025.

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

F5 (FFIV) has 18 years of Net Margin data on file, last reported at 18.2% in Q1 2026.

  • Quarterly Net Margin fell 170.0% year-over-year to 18.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.96% (up 83.0% YoY) and the FY2025 annual result came in at 22.42%, up 229.0% from the prior year.
  • Net Margin declined to 18.2% in Q1 2026 per FFIV's latest filing, from 21.89% in the prior quarter.
  • The five-year high for Net Margin was 24.34% in Q2 2025, with the low at 8.87% in Q1 2022.
  • Average Net Margin over 5 years is 17.64%, with a median of 19.9% recorded in 2025.
  • Year-over-year, Net Margin tumbled 347 bps in 2022 and jumped 964 bps in 2023.
  • F5's Net Margin stood at 10.34% in 2022, then jumped by 93 bps to 19.98% in 2023, then advanced by 9 bps to 21.72% in 2024, then increased by 1 bps to 21.89% in 2025, then retreated by 17 bps to 18.2% in 2026.
  • Business Quant data shows FFIV's Net Margin at 18.2% in Q1 2026, 21.89% in Q4 2025, and 23.52% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.34%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 22.44%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 53.68%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 16.65%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.71%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 28.90%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.58%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 2.69%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -5.10%
10 F5 24.05 Bn 22.61 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%