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

F5 (FFIV) Research & Development (2009 - 2026)

F5's (FFIV) quarterly Research & Development came in at $238.0 million in Q2 2026, up 7.98% year-over-year from $220.4 million in Q2 2025, and down 0.58% quarter-over-quarter from $239.4 million in Q1 2026.

Analysis

F5 (FFIV) Research & Development (2009 - 2026) Analysis & Trends

F5 has disclosed Research & Development across 18 years of filings, most recently posting $238.0 million for Q2 2026.

  • In Q2 2026, Research & Development rose 7.98% year-over-year to $238.0 million; the TTM figure through Jun 2026 stood at $918.2 million (up 6.58% YoY), while the FY2025 annual figure was $860.5 million, up 3.39% from the prior year.
  • Research & Development came in at $238.0 million for Q2 2026 at F5, down from $239.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $239.4 million in Q1 2026 to a low of $198.9 million in Q4 2023.
  • Average Research & Development over 5 years is $220.3 million, with a median of $219.2 million recorded in 2025.
  • Year-over-year, Research & Development slipped 14.66% in 2023 and rose 9.79% in 2026.
  • Over 5 years, Research & Development stood at $233.1 million in 2022, then retreated by 14.66% to $198.9 million in 2023, then rose by 3.57% to $206.0 million in 2024, then grew by 9.1% to $224.8 million in 2025, then gained by 5.89% to $238.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $238.0 million in Q2 2026, $239.4 million in Q1 2026, and $224.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn 1.16 Bn
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn 509.97 Mn
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn 669.10 Mn
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn 208.69 Mn
5 Zscaler 25.94 Bn 22.46 Bn - -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn 238.03 Mn
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn 224.45 Mn
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn 300.00 Mn
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn 239.00 Mn
10 SentinelOne 6.66 Bn 6.00 Bn 210.42 Mn 123.55 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 238.03 Mn
Mar 31, 2026 239.41 Mn
Dec 31, 2025 224.78 Mn
Sep 30, 2025 215.98 Mn
Jun 30, 2025 220.43 Mn
Mar 31, 2025 218.06 Mn
Dec 31, 2024 206.04 Mn
Sep 30, 2024 217.00 Mn
Jun 30, 2024 205.55 Mn
Mar 31, 2024 210.80 Mn
Dec 31, 2023 198.93 Mn
Sep 30, 2023 204.83 Mn
Jun 30, 2023 207.20 Mn
Mar 31, 2023 233.08 Mn
Dec 31, 2022 233.11 Mn
Sep 30, 2022 237.00 Mn
Jun 30, 2022 226.73 Mn
Mar 31, 2022 228.83 Mn
Dec 31, 2021 234.04 Mn
Sep 30, 2021 233.15 Mn