Growth Metrics

F5 (FFIV) Operating Margin (2016 - 2025)

F5 (FFIV) has disclosed Operating Margin for 17 consecutive years, with 26.04% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 71.0% to 26.04% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 24.65% through Dec 2025, up 46.0% year-over-year, with the annual reading at 24.8% for FY2025, 142.0% up from the prior year.
  • Operating Margin hit 26.04% in Q4 2025 for F5, up from 25.39% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 26.76% in Q4 2024 to a low of 8.29% in Q1 2021.
  • Historically, Operating Margin has averaged 19.34% across 5 years, with a median of 19.53% in 2024.
  • Biggest five-year swings in Operating Margin: plummeted -605bps in 2021 and later soared 1073bps in 2023.
  • Year by year, Operating Margin stood at 16.61% in 2021, then fell by -22bps to 13.02% in 2022, then soared by 82bps to 23.75% in 2023, then increased by 13bps to 26.76% in 2024, then decreased by -3bps to 26.04% in 2025.
  • Business Quant data shows Operating Margin for FFIV at 26.04% in Q4 2025, 25.39% in Q3 2025, and 25.16% in Q2 2025.