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  • 01AI Factory
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Pokedex/Networking/FFIV
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Company exports

Pro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.

CSV downloads
Networking·FFIV
F5, Inc. logo

F5, Inc.

NASDAQ · US

Application delivery, load balancing, traffic management, and application security platform supplier.

AI relevance

Data center traffic management and application delivery layer for high-scale AI services and enterprise AI applications.

NetworkingSecurity / ADC

Price

$383.43

Change

+5.64 (+1.49%)

Market cap

$21.6B

52w range

$224–$435

Exchange

NASDAQ

Country

US

Jason's Chips

Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.

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Price chart

FFIV market performance

Daily close for F5, Inc.

$207.4$267.5$327.6$387.7$447.8Aug 25Nov 25Feb 26May 26Aug 26
Latest close
$382.7
Range move
+$68.43 (+21.8%)
Range high
$431.3
Range low
$224.0
Latest volume
163.7K
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

72 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetHold

Analyst expectations

Consensus target
$416.60
+8.7%
Target range
$300.00 - $475.00
Rating mix
Hold
61 ratings
Next FY revenue
$3.38B
2026-09-30
Next FY EPS
$17.33
$17.29 - $17.41
Rating consensus61 ratings

Strong buy

1

Buy

24

Hold

33

Sell

3

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-09-30$3.38B$3.32B - $3.40B$17.33$17.29 - $17.41$1.36B$1.30B$1.02B$1.41B9 rev / 8 EPS
2027-09-30$3.63B$3.52B - $3.73B$18.03$17.66 - $18.77$1.46B$1.39B$1.07B$1.52B9 rev / 8 EPS
2028-09-30$3.90B$3.75B - $4.06B$20.13$17.41 - $22.85$1.56B$1.50B$1.15B$1.63B9 rev / 2 EPS
2029-09-30$4.03B$3.94B - $4.11B$21.39$20.79 - $21.95$1.61B$1.55B$1.26B$1.68B6 rev / 1 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-09-30$884.0M$881.6M - $886.8M$4.26$4.22 - $4.29$354.2M$339.0M$245.4M$369.1M8 rev / 9 EPS
2026-12-30$873.3M$849.6M - $898.6M$4.36$4.19 - $4.78$349.9M$334.9M$251.6M$364.7M7 rev / 9 EPS
2027-03-30$875.8M$863.8M - $888.4M$4.19$4.12 - $4.27$350.9M$335.8M$241.6M$365.7M3 rev / 6 EPS
2027-06-30$918.2M$905.6M - $931.4M$4.58$4.50 - $4.66$367.8M$352.1M$264.0M$383.4M3 rev / 3 EPS
2027-09-30$948.6M$935.7M - $962.3M$4.88$4.79 - $4.97$380.0M$363.8M$281.2M$396.1M3 rev / 3 EPS
2027-12-30$952.5M$939.5M - $966.2M$4.90$4.81 - $4.99$381.6M$365.3M$282.4M$397.7M6 rev / 6 EPS
2028-03-30$924.4M$911.8M - $937.7M$4.48$4.40 - $4.56$370.3M$354.5M$258.4M$386.0M5 rev / 8 EPS
2028-06-30$975.4M$962.1M - $989.4M$4.95$4.86 - $5.04$390.8M$374.0M$285.3M$407.3M4 rev / 4 EPS
Price target history
WindowTargetsAverage target
Last month3$386.00
Last quarter4$402.00
Last year11$360.82
All time47$250.65

Sources: StreetInsider, TheFly, Benzinga, Pulse 2.0, TipRanks Contributor

Latest grade actions
DateFirmActionPreviousNew
2026-07-28Morgan StanleyMaintainEqual WeightEqual Weight
2026-07-28Piper SandlerMaintainOverweightOverweight
2026-07-28JP MorganMaintainOverweightOverweight
2026-07-28BarclaysMaintainEqual WeightEqual Weight
2026-06-09RBC CapitalMaintainOutperformOutperform
2026-05-29BarclaysMaintainEqual WeightEqual Weight
2026-05-29Piper SandlerMaintainOverweightOverweight
2026-05-29RBC CapitalMaintainOutperformOutperform
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-08-0132701
2026-07-0132701
2026-06-0132701
2026-05-0142801
2026-04-0141801
2026-03-01311001
2026-02-01311001
2026-01-01411001
FinancialsFY 2025

Financials

Revenue
$3.09B
Gross margin
81.4%
Operating income
$765.9M
Free cash flow
$906.4M
Cash + ST investments
$1.34B
Net debt
-$851.7M
ROE
19.3%
ROIC
13.8%
EV / sales
5.8x
EV / EBITDA
20.2x
R&D / revenue
17.5%
Current ratio
1.5x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2025$3.09B$2.51B81.4%$539.8M$765.9M$883.8M$692.4M$11.96
FY 2024$2.82B$2.26B80.2%$490.1M$658.6M$774.2M$566.8M$9.65
FY 2023$2.81B$2.22B78.9%$540.3M$472.6M$650.7M$394.9M$6.59
FY 2022$2.70B$2.16B80.0%$543.4M$403.8M$527.3M$322.2M$5.34
FY 2021$2.60B$2.11B81.1%$512.6M$394.0M$502.4M$331.2M$5.46
FY 2020$2.35B$1.94B82.6%$441.3M$392.3M$495.9M$307.4M$5.05
FY 2019$2.24B$1.89B84.1%$408.1M$518.5M$587.0M$427.7M$7.12
FY 2018$2.16B$1.80B83.3%$366.1M$609.3M$668.8M$453.7M$7.41
FY 2017$2.09B$1.74B83.1%$350.4M$564.0M$638.2M$420.8M$6.56
FY 2016$2.00B$1.66B83.1%$334.2M$547.4M$613.2M$365.9M$5.43
FY 2015$1.92B$1.59B82.7%$296.6M$552.9M$605.5M$365.0M$5.07
FY 2014$1.73B$1.42B82.1%$263.8M$493.6M$539.7M$311.2M$4.13
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2025$949.7M$43.3M$906.4M
FY 2024$792.4M$30.4M$762.0M
FY 2023$653.4M$54.2M$599.2M
FY 2022$442.6M$33.6M$409.0M
FY 2021$645.2M$30.7M$614.5M
FY 2020$660.9M$59.9M$601.0M
FY 2019$747.8M$103.5M$644.3M
FY 2018$761.1M$53.5M$707.6M
FY 2017$740.3M$38.7M$697.6M
FY 2016$711.5M$63.5M$643.3M
FY 2015$684.5M$60.3M$617.5M
FY 2014$549.0M$22.7M$526.3M
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2025$1.34B$912.7M$77.2M$342.5M$6.32B$492.5M-$851.7M$2.73B$3.59B
FY 2024$1.07B$790.1M$76.4M$329.1M$5.61B$465.3M-$609.3M$2.48B$3.13B
FY 2023$803.3M$828.9M$72.1M$365.9M$5.25B$520.6M-$276.6M$2.45B$2.80B
FY 2022$884.6M$789.7M$125.4M$395.7M$5.28B$937.0M$179.0M$2.81B$2.47B
FY 2021$910.6M$555.9M$22.1M$436.1M$5.00B$1.01B$431.2M$2.64B$2.36B
FY 2020$1.21B$434.3M$27.9M$529.9M$4.68B$1.11B$262.2M$2.45B$2.23B
FY 2019$972.3M$401.4M$34.4M$223.4M$3.39B$0-$599.2M$1.63B$1.76B
FY 2018$1.04B$295.4M$30.6M$145.0M$2.61B$0-$424.7M$1.32B$1.29B
FY 2017$1.02B$291.9M$29.8M$122.4M$2.48B$0-$673.2M$1.25B$1.23B
FY 2016$882.4M$268.2M$34.1M$123.2M$2.31B$0-$514.6M$1.12B$1.19B
FY 2015$774.3M$279.4M$33.7M$95.9M$2.31B$0-$390.5M$995.6M$1.32B
FY 2014$645.4M$242.2M$24.5M$66.8M$2.18B$0-$281.5M$815.6M$1.37B
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202581.4%24.8%22.4%1.5x1.5x19.3%13.8%5.8x20.2x4.8%17.5%104d
FY 202480.2%23.4%20.1%1.4x1.3x18.1%12.9%4.4x15.9x5.9%17.4%108d
FY 202378.9%16.8%14.0%1.2x1.2x14.1%10.1%3.3x14.4x6.2%19.2%113d
FY 202280.0%15.0%12.0%1.0x1.0x13.0%8.8%3.3x16.9x4.7%20.2%115d
FY 202181.1%15.1%12.7%1.1x1.1x14.0%9.2%4.8x24.9x5.1%19.7%48d
FY 202082.6%16.7%13.1%1.4x1.3x13.8%8.8%3.3x15.6x8.0%18.8%35d
FY 201984.1%23.1%19.1%1.4x1.3x24.3%17.9%3.5x13.3x7.6%18.2%36d
FY 201883.3%28.2%21.0%1.5x1.5x35.3%27.7%5.2x16.8x6.1%16.9%22d
FY 201783.1%27.0%20.1%1.5x1.5x34.2%26.7%3.4x11.1x9.0%16.8%29d
FY 201683.1%27.4%18.3%1.5x1.5x30.9%24.9%4.0x12.9x7.7%16.8%49d
FY 201582.7%28.8%19.0%1.6x1.5x27.7%23.1%4.1x13.1x7.4%15.4%34d
FY 201482.1%28.5%18.0%1.6x1.5x22.7%19.9%5.0x16.1x5.9%15.2%28d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2025+9.7%+11.3%+10.1%+16.3%+22.2%+23.9%+18.9%-42.2%+25.1%+1.1%+12.6%+5.8%
FY 2024+0.1%+1.7%-9.3%+39.4%+43.5%+46.4%+27.2%+43.9%+33.8%+6.0%+6.9%-10.6%
FY 2023+4.4%+3.0%-0.6%+17.0%+22.6%+23.4%+46.5%-61.1%-9.2%-42.5%-0.5%-44.4%
FY 2022+3.6%+2.2%+6.0%+2.5%-2.7%-2.2%-33.4%-9.7%-2.9%+468.4%+5.6%-7.4%
FY 2021+10.7%+8.6%+16.2%+0.4%+7.7%+8.1%+2.3%+48.9%-24.7%-20.9%+6.8%-9.0%
FY 2020+4.8%+3.0%+8.2%-24.3%-28.1%-29.1%-6.7%+42.1%+24.4%-18.9%+38.0%0.0%
FY 2019+3.7%+4.8%+11.5%-14.9%-5.7%-3.9%-8.9%-93.7%-6.5%+12.5%+30.1%0.0%
FY 2018+3.4%+3.6%+4.5%+8.0%+7.8%+13.0%+1.4%-38.2%+2.2%+2.5%+5.2%0.0%
FY 2017+4.8%+4.7%+4.8%+3.0%+15.0%+20.8%+8.4%+43.3%+15.2%-12.4%+7.4%0.0%
FY 2016+3.9%+4.4%+12.7%-1.0%+0.2%+7.1%+4.2%-1.7%+14.0%+1.0%-0.3%0.0%
FY 2015+10.8%+11.6%+12.4%+12.0%+17.3%+22.8%+17.3%-195.3%+20.0%+37.8%+5.8%0.0%
FY 2014+16.9%+15.8%+25.8%+14.6%+12.2%+17.0%+11.2%+14.5%+19.0%+28.6%-2.0%0.0%
SegmentsFY 2025

Revenue Mix

Latest product mixFY 2025 · $3.09B
Service$1.58B · 51.1%
Product$1.51B · 48.9%
Latest geography mixFY 2025 · $3.09B
Americas$1.72B · 55.8%
EMEA$827.2M · 26.8%
Asia Pacific$536.8M · 17.4%
Product revenue annual
PeriodTotalServiceProduct
FY 2025$3.09B$1.58B$1.51B
FY 2024$2.82B$1.54B$1.27B
FY 2023$2.81B$1.48B$1.33B
FY 2022$2.70B$1.38B$1.32B
FY 2021$2.60B$1.36B$1.25B
FY 2020$2.35B$1.32B$1.03B
FY 2019$2.24B$1.26B$985.6M
Geography revenue annual
PeriodTotalAmericasEMEAAsia PacificJAPAN
FY 2025$3.09B$1.72B$827.2M$536.8M--
FY 2024$2.82B$1.58B$755.9M$478.9M--
FY 2023$2.81B$1.58B$741.6M$487.2M--
FY 2022$2.70B$1.57B$634.8M$488.2M--
FY 2021$2.60B$1.46B$667.2M$478.5M--
FY 2020$2.35B$1.32B$593.3M$440.4M--
FY 2019$2.24B$1.25B$553.7M$443.1M--
FY 2018$2.16B$1.20B$546.2M$315.6M$95.3M
FY 2017$2.09B$1.19B$506.6M$302.9M$95.1M
FY 2016$2.00B$1.13B$488.0M$287.0M$94.8M
FY 2015$1.92B$1.10B$464.1M$267.9M$88.3M
FY 2014$1.73B$985.8M$404.3M$251.8M$90.1M
Transcripts72 on file

Transcripts

  • FY2026 · Q32026-07-27
  • FY2026 · Q22026-04-28
  • FY2026 · Q12026-01-27
  • FY2025 · Q42025-10-27
Events

Events

Next earnings

2026-10-26EPS est $4.24

Recent filings
  • SC 13G/A2026-08-12
  • 42026-08-06
  • 42026-08-06
Latest news
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