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NasdaqGS · Technology · Financials

F5 Inc (FFIV) financial statements and cash flow.

Revenue, profitability, balance-sheet strength, and cash generation for FFIV. Market data source · as of 2026-03-31.

Section freshness

Price Aug 5, 10:53 AM EDT · Statements Mar 30, 8:00 PM EDT

Financial read

FFIV latest financial snapshot.

Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.

Revenue

$811.70M

+5.9% YoY

Net income

$147.75M

-17.9% QoQ

Gross margin

81.41%

Gross profit $660.80M

Net margin

18.20%

Operating margin 22.05%

Balance sheet coverage

FFIV balance sheet summary

Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.

20 quarterly · 4 annual rows · Market data source · as of 2026-03-31

Open balance sheet table

Latest period

Q1 FY2026

20 quarterly · 4 annual rows

Assets / liabilities

$6.50B

Liabilities —

Cash / debt

$1.44B

Net cash —

Equity / working capital

$3.65B

Working capital $1.03B

Financial statements

FFIV statement coverage.

Income statement, balance sheet, and cash-flow figures for FFIV, with quarterly and annual history in the tables below.

Data last updated

Mar 30, 2026

Income periods

Balance-sheet periods

Cash-flow periods

Quarterly and annual FFIV statements, sourced from Market data source · as of 2026-03-31.

Financial statement period

FFIV statement history

Market data source · as of 2026-03-31 · Data last updated: Mar 30, 2026

ProfitabilityIncome statementRevenue, expenses, margins, and income quality20 quarterly periods Capital structureBalance sheetAssets, liabilities, debt, equity, and share count20 quarterly periods Cash generationCash flowOperating cash flow, CapEx, FCF, buybacks, and dividends20 quarterly periods

Income statement

Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.

8 / 20 Quarterly

Period	Revenue	Gross profit	Operating income	Net income	Net margin	Revenue QoQ	Net income QoQ
Q1 FY2026	$811.70M	$660.80M	$179.02M	$147.75M	18.20%	-1.3%	-17.9%
Q4 FY2025	$822.47M	$670.68M	$214.19M	$180.05M	21.89%	+5.4%	-5.2%
Q2 FY2025	$780.37M	$631.74M	$196.32M	$189.91M	24.34%	+6.7%	+30.5%
Q1 FY2025	$731.12M	$590.16M	$158.90M	$145.53M	19.90%	-4.6%	-12.6%
Q4 FY2024	$766.49M	$625.98M	$205.08M	$166.44M	21.72%	+10.2%	+15.5%
Q2 FY2024	$695.50M	$559.07M	$163.09M	$144.08M	20.72%	+2.1%	+21.1%
Q1 FY2024	$681.35M	$540.24M	$139.96M	$119.02M	17.47%	-1.6%	-14.0%
Q4 FY2023	$692.60M	$556.21M	$164.52M	$138.38M	19.98%	-1.4%	+55.5%

Balance sheet

Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.

8 / 20 Quarterly

Period	Cash	Current assets	Current liabilities	Total assets	Total equity
Q1 FY2026	$1.44B	$2.70B	$1.68B	$6.50B	$3.65B
Q4 FY2025	$1.20B	$2.52B	$1.62B	$6.29B	$3.54B
Q3 FY2025	$1.34B	$2.52B	$1.61B	$6.32B	$3.59B
Q2 FY2025	$1.43B	$2.49B	$1.55B	$6.11B	$3.47B
Q1 FY2025	$1.26B	$2.34B	$1.52B	$5.91B	$3.31B
Q4 FY2024	$1.15B	$2.34B	$1.59B	$5.90B	$3.24B
Q3 FY2024	$1.07B	$2.11B	$1.49B	$5.61B	$3.13B
Q2 FY2024	$934.81M	$1.99B	$1.46B	$5.41B	$3.01B

Cash flow

Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.

8 / 20 Quarterly

Period	Operating cash flow	CapEx	Free cash flow	Net income	Stock comp	Debt issuance	Dividends paid	Buybacks	Change in cash	FCF QoQ
Q1 FY2026				$147.75M
Q4 FY2025				$180.05M
Q2 FY2025				$189.91M
Q1 FY2025				$145.53M
Q4 FY2024				$166.44M
Q2 FY2024				$144.08M
Q1 FY2024				$119.02M
Q4 FY2023				$138.38M

Valuation and returns

Enterprise value: $22.02B; TECHi computed

Return on equity: 18.17%; Market data source

Return on assets: 10.21%; Market data source

Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.

Annual revenue and income multiples

Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.

Annual revenue base: $2.41B; Annual statement 2020-12-31

Annual income base: $296.59M; Annual statement 2020-12-31

Market cap / annual revenue: 9.75; Live market value divided by annual revenue

Market cap / annual income: 79.12; Live market value divided by annual net income

Annual sales and income multiple

EV / annual revenue9.15

EV / annual operating income56.81

Market capitalization bridge

Market cap / annual revenue9.75

Market cap / annual income79.12

TTM valuation multiples

TTM revenue: $3.15B; Trailing twelve months

TTM EBIT: $748.42M; TTM operating income

Market cap / TTM revenue: 7.46; Live market value divided by trailing twelve months revenue

EV / TTM revenue: 7.00; Enterprise value divided by trailing twelve months revenue

Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.

Profit multiples

Market cap / TTM net income35.38

EV / TTM EBIT29.43

Revenue, net income, and free cash flow

Revenue$811.70MNet income$147.75M

Q2 FY2024Q2 FY2025Q1 FY2026

Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.

Efficiency

Growth vs cost pressure

Revenue growth YoY+5.9%

Operating expense growth YoY+14.5%

Quarterly margin heatmap

Gross margin

Q2 FY2024

80.38%

Q4 FY2024

81.67%

Q1 FY2025

80.72%

Q2 FY2025

80.95%

Q4 FY2025

81.55%

Q1 FY2026

81.41%

Operating margin

Q2 FY2024

23.45%

Q4 FY2024

26.76%

Q1 FY2025

21.73%

Q2 FY2025

25.16%

Q4 FY2025

26.04%

Q1 FY2026

22.05%

Net margin

Q2 FY2024

20.72%

Q4 FY2024

21.72%

Q1 FY2025

19.90%

Q2 FY2025

24.34%

Q4 FY2025

21.89%

Q1 FY2026

18.20%

Latest quarter expense mix

Cost of revenue$150.90M

Operating expenses$481.78M

R&D$151.04M

Profit bridge

EBIT$179.02M

Pretax income$189.22M

Tax expense$41.46M

Other income statement lines

Income before tax$189.22M

Income tax expense$41.46M

Balance sheet · Q1 FY2026

Cash & equivalents: $1.44B

Total equity: $3.65B

Balance sheet detail

Current assets: $2.70B

Current liabilities: $1.68B

Inventory: $90.30M

Receivables: $425.64M

Property, plant & equipment: $175.36M

Debt and liquidity

Quick ratioi1.11

Cash + short-term investments + receivables / current liabilities

Cash generation

Frequently asked

Common questions.

What financial data is available for FFIV?

The FFIV Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for F5 Inc. Missing modules and empty line items are omitted.

How current are FFIV's financial statements?

Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.

What is F5 Inc's reported net margin?

F5 Inc's fresh reported margin field is 21.08%. The Financials page shows the supporting period data currently available for FFIV.