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| Date | Value |
|---|---|
| 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% |