FFIV
F5 Networks Inc
NASDAQ: FFIV · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$328.15
+8.02% today
Updated 2026-04-29
Market cap
$18.55B
P/E ratio
26.96
P/S ratio
5.90x
EPS (TTM)
$12.17
Dividend yield
—
52W range
$224 – $346
Volume
0.8M
F5 Networks Inc (FFIV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $394.05M | $525.67M | $650.17M | $653.08M | $881.97M | $1.15B | $1.38B | $1.48B | $1.73B | $1.92B | $2.00B | $2.09B | $2.16B | $2.24B | $2.35B | $2.60B | $2.70B | $2.81B | $2.82B | $3.09B |
| Revenue growth (YoY) | — | +33.4% | +23.7% | +0.4% | +35.0% | +30.6% | +19.6% | +7.6% | +16.9% | +10.8% | +3.9% | +4.8% | +3.4% | +3.7% | +4.8% | +10.7% | +3.6% | +4.4% | +0.1% | +9.7% |
| Cost of revenue | $88.15M | $118.32M | $149.02M | $142.73M | $171.95M | $208.00M | $236.17M | $253.05M | $309.96M | $332.26M | $337.20M | $353.49M | $361.48M | $356.58M | $407.89M | $493.15M | $539.63M | $593.31M | $557.65M | $573.98M |
| Gross profit | $305.90M | $407.34M | $501.15M | $510.35M | $710.02M | $943.83M | $1.14B | $1.23B | $1.42B | $1.59B | $1.66B | $1.74B | $1.80B | $1.89B | $1.94B | $2.11B | $2.16B | $2.22B | $2.26B | $2.51B |
| Gross margin | 77.6% | 77.5% | 77.1% | 78.1% | 80.5% | 81.9% | 82.9% | 82.9% | 82.1% | 82.7% | 83.1% | 83.1% | 83.3% | 84.1% | 82.6% | 81.1% | 80.0% | 78.9% | 80.2% | 81.4% |
| R&D | $49.17M | $69.03M | $103.39M | $103.66M | $118.31M | $138.91M | $177.41M | $209.61M | $263.79M | $296.58M | $334.23M | $350.37M | $366.08M | $408.06M | $441.32M | $512.63M | $543.37M | $540.28M | $490.12M | $539.82M |
| SG&A | $39.11M | $49.26M | $56.00M | $55.24M | $68.50M | $83.52M | $91.78M | $102.40M | $106.45M | $135.54M | $138.43M | $156.89M | $160.38M | $210.73M | $258.37M | $273.63M | $274.56M | $263.40M | $268.83M | $322.34M |
| Operating income | $90.14M | $113.50M | $104.58M | $126.25M | $230.00M | $350.66M | $426.30M | $430.82M | $493.56M | $552.90M | $547.38M | $563.96M | $609.33M | $518.46M | $392.27M | $394.02M | $403.79M | $472.57M | $658.59M | $765.95M |
| Operating margin | 22.9% | 21.6% | 16.1% | 19.3% | 26.1% | 30.4% | 31.0% | 29.1% | 28.5% | 28.8% | 27.4% | 27.0% | 28.2% | 23.1% | 16.7% | 15.1% | 15.0% | 16.8% | 23.4% | 24.8% |
| EBITDA | $101.72M | $129.36M | $122.94M | $152.66M | $253.84M | $371.55M | $461.44M | $470.82M | $539.68M | $605.48M | $613.20M | $638.21M | $668.82M | $586.97M | $495.92M | $509.45M | $527.31M | $650.66M | $774.24M | $883.83M |
| EBITDA margin | 25.8% | 24.6% | 18.9% | 23.4% | 28.8% | 32.3% | 33.5% | 31.8% | 31.2% | 31.5% | 30.7% | 30.5% | 30.9% | 26.2% | 21.1% | 19.6% | 19.6% | 23.1% | 27.5% | 28.6% |
| EBIT | $90.14M | $113.50M | $99.31M | $126.25M | $230.00M | $350.66M | $426.30M | $430.82M | $493.56M | $552.90M | $556.43M | $577.07M | $609.33M | $518.46M | $400.07M | $394.02M | $411.70M | $537.96M | $667.25M | $791.43M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $22.65M | $11.47M | $7.09M | $18.40M | — | — | — |
| Income tax | $41.56M | $50.69M | $43.93M | $40.11M | $86.47M | $119.35M | $157.03M | $160.78M | $186.16M | $196.33M | $184.04M | $154.76M | $150.07M | $113.38M | $88.96M | $55.70M | $63.23M | $91.04M | $128.69M | $115.96M |
| Effective tax rate | 38.6% | 39.7% | 37.1% | 30.5% | 36.4% | 33.1% | 36.3% | 36.7% | 37.4% | 35.0% | 33.5% | 26.9% | 24.9% | 21.0% | 22.4% | 14.4% | 16.4% | 18.7% | 18.5% | 14.3% |
| Net income | $66.00M | $77.00M | $74.33M | $91.53M | $151.15M | $241.40M | $275.19M | $277.31M | $311.18M | $365.01M | $365.86M | $420.76M | $453.69M | $427.73M | $307.44M | $331.24M | $322.16M | $394.95M | $566.78M | $692.38M |
| Net income growth (YoY) | — | +16.7% | -3.5% | +23.1% | +65.1% | +59.7% | +14.0% | +0.8% | +12.2% | +17.3% | +0.2% | +15.0% | +7.8% | -5.7% | -28.1% | +7.7% | -2.7% | +22.6% | +43.5% | +22.2% |
| Profit margin | 16.8% | 14.6% | 11.4% | 14.0% | 17.1% | 21.0% | 20.0% | 18.7% | 18.0% | 19.0% | 18.3% | 20.1% | 21.0% | 19.1% | 13.1% | 12.7% | 12.0% | 14.0% | 20.1% | 22.4% |