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

F5 (FFIV) reported Research & Development of $239.4 million for Q1 2026, up 75.31% on a YoY basis from $136.6 million in Q1 2025, and up 6.51% sequentially from $224.8 million in Q4 2025.

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

F5 (FFIV) has 18 years of Research & Development data on file, last reported at $239.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 75.31% year-over-year to $239.4 million; the trailing twelve-month figure through Mar 2026 stood at $579.9 million (down 32.38% YoY), and the FY2025 full-year result was $539.8 million, down 35.14% from the prior year.
  • Research & Development improved to $239.4 million in Q1 2026, from $224.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $466.1 million in Q3 2024 to a low of -$146.2 million in Q3 2022.
  • A 5-year average of $163.3 million and a median of $198.9 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development jumped 240.08% in 2023 and plunged 122.46% in 2025, its largest moves.
  • Tracing FFIV's Research & Development over 5 years: stood at $233.1 million in 2022, then fell by 14.66% to $198.9 million in 2023, then sank by 34.39% to $130.5 million in 2024, then jumped by 72.22% to $224.8 million in 2025, then gained by 6.51% to $239.4 million in 2026.
  • Business Quant data shows FFIV's Research & Development at $239.4 million in Q1 2026, $224.8 million in Q4 2025, and -$104.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 6.81 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 4.01 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 160.98 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 823.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 802.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 636.30 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 271.60 Mn
10 F5 23.06 Bn 21.62 Bn 660.80 Mn 239.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 239.41 Mn
Dec 31, 2025 224.78 Mn
Sep 30, 2025 -104.71 Mn
Jun 30, 2025 220.43 Mn
Mar 31, 2025 136.56 Mn
Dec 31, 2024 130.52 Mn
Sep 30, 2024 466.11 Mn
Jun 30, 2024 124.39 Mn
Mar 31, 2024 122.21 Mn
Dec 31, 2023 198.93 Mn
Sep 30, 2023 204.83 Mn
Jun 30, 2023 128.77 Mn
Mar 31, 2023 141.36 Mn
Dec 31, 2022 233.11 Mn
Sep 30, 2022 -146.22 Mn
Jun 30, 2022 226.73 Mn
Mar 31, 2022 228.83 Mn
Dec 31, 2021 130.27 Mn
Sep 30, 2021 -184.20 Mn
Jun 30, 2021 237.38 Mn