F5 (FFIV) Tax Rate (2009 - 2026)
F5's (FFIV) quarterly Tax Rate came in at 7.95% in Q2 2026, down 290.0% year-over-year from 4.19% in Q2 2025, and down 63.7% quarter-over-quarter from 21.91% in Q1 2026.
Analysis
F5 (FFIV) Tax Rate (2009 - 2026) Analysis & Trends
F5 has disclosed Tax Rate across 18 years of filings, most recently posting 7.95% for Q2 2026.
- In Q2 2026, Tax Rate fell 290.0% year-over-year to 7.95%; the TTM figure through Jun 2026 stood at 14.87% (down 140.0% YoY), while the FY2025 annual figure was 14.35%, down 416.0% from the prior year.
- Tax Rate came in at 7.95% for Q2 2026 at F5, down from 21.91% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.14% in Q1 2023 to a low of 7.95% in Q2 2026.
- Average Tax Rate over 5 years is 17.27%, with a median of 18.22% recorded in 2022.
- Year-over-year, Tax Rate jumped 1307 bps in 2022 and slumped 735 bps in 2025.
- Over 5 years, Tax Rate stood at 24.51% in 2022, then dropped by 16 bps to 20.65% in 2023, then decreased by 1 bps to 20.38% in 2024, then slipped by 6 bps to 19.23% in 2025, then sank by 59 bps to 7.95% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 7.95% in Q2 2026, 21.91% in Q1 2026, and 19.23% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -13.46% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | -35.60% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 15.97% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 9.97% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 7.95% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -9.77% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 33.44% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 14.47% |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn | -7.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.95% |
| Mar 31, 2026 | 21.91% |
| Dec 31, 2025 | 19.23% |
| Sep 30, 2025 | 11.43% |
| Jun 30, 2025 | 10.85% |
| Mar 31, 2025 | 14.99% |
| Dec 31, 2024 | 20.38% |
| Sep 30, 2024 | 18.78% |
| Jun 30, 2024 | 16.05% |
| Mar 31, 2024 | 18.44% |
| Dec 31, 2023 | 20.65% |
| Sep 30, 2023 | 12.98% |
| Jun 30, 2023 | 16.43% |
| Mar 31, 2023 | 25.14% |
| Dec 31, 2022 | 24.51% |
| Sep 30, 2022 | 10.40% |
| Jun 30, 2022 | 18.00% |
| Mar 31, 2022 | 22.66% |
| Dec 31, 2021 | 16.26% |
| Sep 30, 2021 | 10.35% |