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
DateValue
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