MARKETS / NASDAQ / FFIV

NASDAQ · COMPUTER COMMUNICATIONS EQUIPMENT · LARGE CAP

F5, Inc. FFIV

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$3.1B

▲ 9.7% YoY

Net income

$692.4M

▲ 22.2% YoY

Free cash flow

$906.4M

▲ 18.9% YoY

In brief

What this company does

F5 is a multicloud application delivery and security provider that optimizes and secures applications and Application Programming Interfaces anywhere, including on-premises, in the cloud, and at the network edge. It sells packaged software under perpetual, subscription, and usage-based consumption models. It also sells its solutions in software-as-a-service and managed services deployment models with subscription and usage-based consumption models. In addition, it sells high-performance systems, or hardware, as well as global services including maintenance, consulting, training and other technical support services. Its customers include large enterprise businesses, public sector institutions, governments, and service providers. As of September 30, 2025, it had 6,578 employees, based in 47 countries. It conducts its business globally and manages its business by geography, organized into three primary geographic regions: Americas; Europe, the Middle East, and Africa; and the Asia Pacific region. F5 was incorporated in 1996 and is headquartered in Seattle, Washington.

Written from the business description in F5, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 25 November 2025. Every sentence was checked against that document before publication.

Growth

USD 3.1B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 3.1 · Net income 0.7

Compound annual growth

Revenue

+4.6%

+5.6%

+4.9%

+8.7%

Net income

+29.0%

+17.6%

+6.6%

+10.7%

EPS, diluted

+30.8%

+18.7%

+8.9%

+13.1%

Returned to shareholders

+0.1%

+38.1%

−1.9%

+13.5%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +5.6% a year over five years — but profit grew faster: net income at +17.6%, earnings per share at +18.7%.

The share count fell from 0.06B to 0.06B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

22 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 24.8% · Net 22.4%

ROE

Not available in our data for this period.

Gross margin81.4%

Operating margin24.8%

Net margin22.4%

Return on assets11.6%

EBITDAUSD 858.3M

Cash & shareholders

USD 502.1M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 906.4

Net buybacks $M Dividends $M

FY2025 · Dividends — · Net buybacks 502.1

Dividends paid—

Net buybacksUSD 502.1M

Share of profit72.5%

Consecutive raises—

USD 502.1M in buybacks — 73% of the year's profit went back to shareholders.

Total assetsUSD 6.3B

CashUSD 1.3B

Current ratio1.56×

Not available: we don't have the total debt figure for this period.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	3.1	2.8	2.8	2.7	2.6	2.4	2.2	2.2	2.1	2.0	1.9	1.7	1.5	1.4	1.2	0.9	0.7	0.7
Operating income $B	0.8	0.7	0.5	0.4	0.4	0.4	0.5	0.6	0.6	0.5	0.6	0.5	0.4	0.4	0.4	0.2	0.1	0.1
EBITDA $B	0.9	0.8	0.6	0.5	0.5	0.5	0.6	0.7	0.6	0.6	0.6	0.5	0.5	0.5	0.4	0.3	0.1	0.1
Income tax $B	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.0	0.0
Net income $B	0.7	0.6	0.4	0.3	0.3	0.3	0.4	0.5	0.4	0.4	0.4	0.3	0.3	0.3	0.2	0.2	0.1	0.1
Free cash flow $B	0.9	0.8	0.6	0.4	0.6	0.6	0.6	0.7	0.7	0.6	0.6	0.5	0.5	0.5	0.4	0.3	0.2	0.2
EPS, diluted $	11.80	9.55	6.55	5.27	5.34	5.01	7.08	7.32	6.50	5.38	5.03	4.09	3.50	3.45	2.96	1.86	1.14	0.89
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
ROE %	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Shares out B	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.07	0.07	0.08	0.08	0.08	0.08	0.08	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityComputer Communications Equipment

Listed onNASDAQ

Incorporated inWashington

Fiscal year endsSeptember 30

Data on record since2008