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F5 (FFIV) Research & Development (2016 - 2025)

F5's Research & Development history spans 17 years, with the latest figure at $141.2 million for Q4 2025.

  • For Q4 2025, Research & Development rose 8.15% year-over-year to $141.2 million; the TTM value through Dec 2025 reached $550.5 million, up 9.86%, while the annual FY2025 figure was $539.8 million, 10.14% up from the prior year.
  • Research & Development for Q4 2025 was $141.2 million at F5, up from $136.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $142.3 million in Q4 2022 and bottomed at $119.6 million in Q4 2023.
  • The 5-year median for Research & Development is $133.3 million (2021), against an average of $132.2 million.
  • The largest annual shift saw Research & Development increased 14.91% in 2021 before it dropped 15.98% in 2023.
  • A 5-year view of Research & Development shows it stood at $130.3 million in 2021, then grew by 9.25% to $142.3 million in 2022, then dropped by 15.98% to $119.6 million in 2023, then rose by 9.15% to $130.5 million in 2024, then increased by 8.15% to $141.2 million in 2025.
  • Per Business Quant, the three most recent readings for FFIV's Research & Development are $141.2 million (Q4 2025), $136.4 million (Q3 2025), and $136.3 million (Q2 2025).