Growth Metrics

F5 (FFIV) Operating Expenses (2016 - 2026)

F5 has reported Operating Expenses over the past 18 years, most recently at $481.8 million for Q1 2026.

  • Quarterly results put Operating Expenses at $481.8 million for Q1 2026, up 11.71% from a year ago — trailing twelve months through Mar 2026 was $1.8 billion (up 10.49% YoY), and the annual figure for FY2025 was $1.7 billion, up 9.27%.
  • Operating Expenses reached $481.8 million in Q1 2026 per FFIV's latest filing, up from $456.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $481.8 million in Q1 2026 and bottomed at $391.7 million in Q4 2023.
  • Median Operating Expenses over the past 5 years was $435.4 million (2025), compared with a mean of $432.2 million.
  • The largest annual shift saw Operating Expenses decreased 13.75% in 2023 before it rose 11.8% in 2025.
  • Over 5 years, Operating Expenses stood at $454.2 million in 2022, then fell by 13.75% to $391.7 million in 2023, then increased by 7.46% to $420.9 million in 2024, then grew by 8.46% to $456.5 million in 2025, then increased by 5.54% to $481.8 million in 2026.
  • Business Quant data shows Operating Expenses for FFIV at $481.8 million in Q1 2026, $456.5 million in Q4 2025, and $460.6 million in Q3 2025.