F5, Inc. logo

F5, Inc.

FFIV

NASDAQTechnologySoftware - Infrastructure

Previous close

$384.63

+$6.84 · +1.81%

Aug 21, 4:00 PM ET

Pre-market

$384.63

$0.00 · 0.00%

Aug 24, 4:01 AM ET

FFIV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

63

Gaining

Sentiment

55

Mixed

Risk resilience

76

Moderate Risk

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Company profile

Company website

F5, Inc. is a technology company specializing in comprehensive solutions designed to secure and optimize the delivery of applications across various cloud environments. Their core mission is to guarantee the security, peak performance, and constant availability of critical network applications, servers, and storage systems for their clients. Through their multi-cloud offerings, F5 empowers organizations to seamlessly develop, deploy, operate, secure, and govern their applications, whether these reside in traditional on-premises infrastructures or modern public cloud platforms. The company's extensive product portfolio includes a range of application security and delivery tools: Robust hardware like BIG-IP appliances and VIPRION chassis, complemented by their software modules and virtual editions. Software-defined solutions such as Local Traffic Manager and DNS Services for efficient traffic handling. Advanced network protection with Advanced Firewall Manager and Policy Enforcement Manager. Security and access control via Application Security Manager and Access Policy Manager. The NGINX product family, including NGINX Plus and NGINX Controller, for web serving and application delivery. Sophisticated threat and fraud prevention tools like Shape Defense, Enterprise Defense, Secure Web Gateway, Silverline DDoS, and other application security services. Beyond products, F5 offers a suite of professional services, encompassing expert consulting, training, installation, maintenance, and ongoing technical support. F5 serves a diverse global clientele, including major enterprise businesses, public sector organizations, government bodies, and service providers. Their solutions are distributed through a broad network of partners, including distributors, value-added resellers, managed service providers, and systems integrators, reaching customers across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company also fosters strategic partnerships with leading public cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud Platform. Established in Seattle, Washington, in 1996, the company officially changed its name from F5 Networks, Inc. to F5, Inc. in November 2021.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Francois Locoh-Donou
Listed since
Jun 4, 1999
Employees
6,545

Market position

Day range

Current $384.63

52-week range

Current $384.63

Open
$379.58
Previous close
$377.79
Volume
575.52K
0.83× average
Average volume
691.72K
Average daily volume
Market cap
21.7B USD
Beta
1.03
Market reference 1
50-day average
$403.76
-4.74% below average
200-day average
$319.5
+20.38% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
17.86B USD
P/E (TTM)
30.29×
P/B (TTM)
5.69×
P/S (TTM)
6.56×
EV / EBITDA
20.21×
Earnings yield
3.70%
Free cash flow yield
4.84%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
82.21%
Operating margin
24.53%
Net margin
21.95%
Return on equity
19.28%
Return on assets
10.96%
Return on invested capital
13.85%

Financial health

Debt / equity
0.07×
Current ratio
1.54×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends88%61%33%5%Gross margin, FY2021: 81.06%Gross margin, FY2022: 79.98%Gross margin, FY2023: 78.91%Gross margin, FY2024: 80.20%Gross margin, FY2025: 81.41%Operating margin, FY2021: 15.13%Operating margin, FY2022: 14.98%Operating margin, FY2023: 16.80%Operating margin, FY2024: 23.39%Operating margin, FY2025: 24.80%Net margin, FY2021: 12.72%Net margin, FY2022: 11.95%Net margin, FY2023: 14.04%Net margin, FY2024: 20.13%Net margin, FY2025: 22.42%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 81.06%. Gross margin FY2022 79.98%. Gross margin FY2023 78.91%. Gross margin FY2024 80.20%. Gross margin FY2025 81.41%. Operating margin FY2021 15.13%. Operating margin FY2022 14.98%. Operating margin FY2023 16.80%. Operating margin FY2024 23.39%. Operating margin FY2025 24.80%. Net margin FY2021 12.72%. Net margin FY2022 11.95%. Net margin FY2023 14.04%. Net margin FY2024 20.13%. Net margin FY2025 22.42%.

Income trends

Revenue

3.09B USD+9.66%

Operating income

765.95M USD+16.30%

Net income

692.38M USD+22.16%
Income trends across reported periods3.36B USD2.26B USD1.15B USD45.57M USDRevenue, FY2021: 2.6B USDRevenue, FY2022: 2.7B USDRevenue, FY2023: 2.81B USDRevenue, FY2024: 2.82B USDRevenue, FY2025: 3.09B USDOperating income, FY2021: 394.03M USDOperating income, FY2022: 403.79M USDOperating income, FY2023: 472.57M USDOperating income, FY2024: 658.59M USDOperating income, FY2025: 765.95M USDNet income, FY2021: 331.24M USDNet income, FY2022: 322.16M USDNet income, FY2023: 394.95M USDNet income, FY2024: 566.78M USDNet income, FY2025: 692.38M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.6B USD. Revenue FY2022 2.7B USD. Revenue FY2023 2.81B USD. Revenue FY2024 2.82B USD. Revenue FY2025 3.09B USD. Operating income FY2021 394.03M USD. Operating income FY2022 403.79M USD. Operating income FY2023 472.57M USD. Operating income FY2024 658.59M USD. Operating income FY2025 765.95M USD. Net income FY2021 331.24M USD. Net income FY2022 322.16M USD. Net income FY2023 394.95M USD. Net income FY2024 566.78M USD. Net income FY2025 692.38M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.09B USD2.82B USD2.81B USD2.7B USD2.6B USD
Cost of goods sold573.98M USD557.65M USD593.31M USD539.63M USD493.15M USD
Gross profit2.51B USD2.26B USD2.22B USD2.16B USD2.11B USD
Research and development539.82M USD490.12M USD540.29M USD543.37M USD512.63M USD
Selling, general, and administrative1.18B USD1.1B USD1.14B USD1.2B USD1.2B USD
Operating expenses1.75B USD1.6B USD1.75B USD1.74B USD1.72B USD
Interest income2.5M USD
Depreciation and amortization92.4M USD106.99M USD112.7M USD115.61M USD115.42M USD
Operating income765.95M USD658.59M USD472.57M USD403.79M USD394.03M USD
Net income692.38M USD566.78M USD394.95M USD322.16M USD331.24M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+12.82%
11 comparable reports
Latest EPS result
4.73
Estimate 4 · Beat by 18.25%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.924.253.582.91Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 3.84, estimate 3.36, surprise +14.29%, Beat. Q2 2025, reported Apr 28, 2025: actual 3.42, estimate 3.1, surprise +10.32%, Beat. Q3 2025, reported Jul 30, 2025: actual 4.16, estimate 3.51, surprise +18.52%, Beat. Q4 2025, reported Oct 27, 2025: actual 4.39, estimate 3.97, surprise +10.58%, Beat. Q1 2026, reported Jan 27, 2026: actual 4.45, estimate 3.64, surprise +22.25%, Beat. Q2 2026, reported Apr 28, 2026: actual 3.9, estimate 3.46, surprise +12.72%, Beat. Q3 2026, reported Jul 27, 2026: actual 4.73, estimate 4, surprise +18.25%, Beat. Q4 2026, reported Oct 26, 2026: actual —, estimate 4.24, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates919.4M839.61M759.83M680.05MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 766.49M USD, estimate 715.41M USD, surprise +7.14%, Beat. Q2 2025, reported Apr 28, 2025: actual 731.12M USD, estimate 718.46M USD, surprise +1.76%, Beat. Q3 2025, reported Jul 30, 2025: actual 780.37M USD, estimate 753.89M USD, surprise +3.51%, Beat. Q4 2025, reported Oct 27, 2025: actual 810.09M USD, estimate 794.86M USD, surprise +1.92%, Beat. Q1 2026, reported Jan 27, 2026: actual 822.47M USD, estimate 764.16M USD, surprise +7.63%, Beat. Q2 2026, reported Apr 28, 2026: actual 811.7M USD, estimate 783.82M USD, surprise +3.56%, Beat. Q3 2026, reported Jul 27, 2026: actual 865.08M USD, estimate 834.6M USD, surprise +3.65%, Beat. Q4 2026, reported Oct 26, 2026: actual —, estimate 884.03M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$416.6

8.31% upside
Past 12 months12-month forecastHigh $475Average $416.6Low $300

Recent analyst actions

10 institutions

FFIV news

Corporate actions

Corporate action history

Stock split

Effective Aug 21, 2007

2:1

FFIV peers

ETFs holding FFIV

Funds reporting this stock among their holdings, ordered by reported position size.

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