F5 FFIV
NASDAQ FFIV
$389.71 -0.76 (-0.19%)
As of: Sep 8, 2026 · 3:59 PM EDT

F5 (FFIV) Net Margin (2009 - 2026)

F5's (FFIV) quarterly Net Margin came in at 24.07% in Q2 2026, down 27.0% year-over-year from 32.97% in Q2 2025, and up 32.22% quarter-over-quarter from 18.2% in Q1 2026.

Analysis

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

F5 has disclosed Net Margin across 18 years of filings, most recently posting 24.07% for Q2 2026.

  • In Q2 2026, Net Margin fell 27.0% year-over-year to 24.07%; the TTM figure through Jun 2026 stood at 21.95% (down 10.0% YoY), while the FY2025 annual figure was 22.42%, up 229.0% from the prior year.
  • Net Margin came in at 24.07% for Q2 2026 at F5, up from 18.2% 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.
  • Average Net Margin over 5 years is 18.0%, with a median of 19.94% recorded in 2023.
  • Year-over-year, Net Margin plunged 347 bps in 2022 and jumped 964 bps in 2023.
  • Over 5 years, 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 grew by 10 bps to 24.07% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 24.07% in Q2 2026, 18.2% in Q1 2026, and 21.89% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn -5.90%
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn 0.36%
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn 29.55%
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn 3.25%
5 Zscaler 25.94 Bn 22.46 Bn - -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn 24.07%
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn -14.46%
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn 16.09%
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn 28.77%
10 SentinelOne 6.66 Bn 6.00 Bn 210.42 Mn -31.99%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.07%
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%