F5 (FFIV) Research & Development (2009 - 2026)
F5's (FFIV) quarterly Research & Development came in at $151.0 million in Q1 2026, up 10.6% year-on-year from $136.6 million in Q1 2025, and up 7.0% quarter-over-quarter from $141.2 million in Q4 2025.
F5 (FFIV) Research & Development (2009 - 2026) Analysis & Trends
F5 has disclosed Research & Development across 18 years of filings, most recently posting $151.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $151.0 million, up 10.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $564.9 million (up 9.61% YoY), and the FY2025 annual result was $539.8 million, up 10.14% from the prior year.
- Research & Development came in at $151.0 million for Q1 2026 at F5, up from $141.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $151.0 million in Q1 2026 to a low of $119.6 million in Q4 2023.
- The 5-year median for Research & Development is $136.3 million (2025), against an average of $133.9 million.
- Across the five-year window, Research & Development slipped 15.98% in 2023 and advanced 11.75% in 2025, its largest moves.
- F5's Research & Development stood at $142.3 million in 2022, then slipped by 15.98% to $119.6 million in 2023, then advanced by 9.15% to $130.5 million in 2024, then gained by 8.15% to $141.2 million in 2025, then increased by 7.0% to $151.0 million in 2026.
- The last three Research & Development figures came in at $151.0 million (Q1 2026), $141.2 million (Q4 2025), and $136.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 150.97 Mn |
| 10 | F5 | 22.41 Bn | 20.97 Bn | 660.80 Mn | 151.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 151.04 Mn |
| Dec 31, 2025 | 141.16 Mn |
| Sep 30, 2025 | 136.39 Mn |
| Jun 30, 2025 | 136.35 Mn |
| Mar 31, 2025 | 136.56 Mn |
| Dec 31, 2024 | 130.52 Mn |
| Sep 30, 2024 | 123.95 Mn |
| Jun 30, 2024 | 124.39 Mn |
| Mar 31, 2024 | 122.21 Mn |
| Dec 31, 2023 | 119.58 Mn |
| Sep 30, 2023 | 127.83 Mn |
| Jun 30, 2023 | 128.77 Mn |
| Mar 31, 2023 | 141.36 Mn |
| Dec 31, 2022 | 142.32 Mn |
| Sep 30, 2022 | 138.52 Mn |
| Jun 30, 2022 | 138.74 Mn |
| Mar 31, 2022 | 135.84 Mn |
| Dec 31, 2021 | 130.27 Mn |
| Sep 30, 2021 | 124.70 Mn |
| Jun 30, 2021 | 133.28 Mn |