Companies / Information Technology
FFIV
F5, Inc.
Communications Equipment
Communications EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health74
Growth49
Profitability85
Cash generation100
Balance sheet69
Dilution control67
Key ratios and five-year financials
Latest quarter revenue YoY (2026-06-30)10.9%Revenue growth (FY)9.7%Revenue CAGR (3y)4.6%Gross margin81.4%Operating margin24.8%Net margin22.4%Free cash flow margin29.4%R&D / revenue17.5%Stock comp / revenue7.5%Net debt / operating cash flow—Current ratio1.56Diluted share count change-1.1%
| Fiscal year ending | FY 2021-09 | FY 2022-09 | FY 2023-09 | FY 2024-09 | FY 2025-09 |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.7B | $2.8B | $2.8B | $3.1B |
| Gross profit | $2.1B | $2.2B | $2.2B | $2.3B | $2.5B |
| Operating income | $394M | $404M | $473M | $659M | $766M |
| Net income | $331M | $322M | $395M | $567M | $692M |
| Operating cash flow | $645M | $443M | $653M | $792M | $950M |
| Capital expenditure | $31M | $34M | $54M | $30M | $43M |
| Free cash flow | $615M | $409M | $599M | $762M | $906M |
| R&D | $513M | $543M | $540M | $490M | $540M |
| Stock-based comp | $243M | $249M | $237M | $219M | $231M |
| Buybacks | $500M | $500M | $350M | $501M | $502M |
| Cash | $581M | $758M | $797M | $1.1B | $1.3B |
| Total debt | $369M | $350M | — | — | — |
| Equity | $2.4B | $2.5B | $2.8B | $3.1B | $3.6B |
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