Growth Metrics

F5 (FFIV) Operating Expenses (2016 - 2025)

F5 (FFIV) has disclosed Operating Expenses for 17 consecutive years, with $456.5 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 8.46% to $456.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.8 billion through Dec 2025, up 9.49% year-over-year, with the annual reading at $1.7 billion for FY2025, 9.27% up from the prior year.
  • Operating Expenses hit $456.5 million in Q4 2025 for F5, down from $460.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $463.2 million in Q1 2021 to a low of $391.7 million in Q4 2023.
  • Historically, Operating Expenses has averaged $431.4 million across 5 years, with a median of $434.8 million in 2021.
  • Biggest five-year swings in Operating Expenses: grew 16.23% in 2021 and later dropped 13.75% in 2023.
  • Year by year, Operating Expenses stood at $437.9 million in 2021, then grew by 3.72% to $454.2 million in 2022, then decreased by 13.75% to $391.7 million in 2023, then grew by 7.46% to $420.9 million in 2024, then rose by 8.46% to $456.5 million in 2025.
  • Business Quant data shows Operating Expenses for FFIV at $456.5 million in Q4 2025, $460.6 million in Q3 2025, and $435.4 million in Q2 2025.