Operating Expenses

R&D

F5, Inc. R&D increased by 7.0% to $151.04M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.6%, from $136.56M to $151.04M. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a 1.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$133.28M$124.70M$130.27M$135.84M$138.74M$138.52M$142.32M$141.36M$128.77M$127.83M$119.58M$122.21M$124.39M$123.95M$130.52M$136.56M$136.35M$136.39M$141.16M$151.04M
QoQ Change-6.4%+4.5%+4.3%+2.1%-0.2%+2.7%-0.7%-8.9%-0.7%-6.5%+2.2%+1.8%-0.4%+5.3%+4.6%-0.2%+0.0%+3.5%+7.0%
YoY Change+4.1%+11.1%+9.3%+4.1%-7.2%-7.7%-16.0%-13.6%-3.4%-3.0%+9.2%+11.7%+9.6%+10.0%+8.2%+10.6%
Range$119.58M$151.04M
CAGR+2.7%
Avg YoY Growth+2.3%
Median YoY Growth+6.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is F5, Inc.'s r&d?
F5, Inc. (FFIV) reported r&d of $151.04M in Q1 2026.
How has F5, Inc.'s r&d changed year-over-year?
F5, Inc.'s r&d increased by 10.6% year-over-year, from $136.56M to $151.04M.
What is the long-term trend for F5, Inc.'s r&d?
Over 4 years (2021 to 2025), F5, Inc.'s r&d has grown at a 1.3% compound annual growth rate (CAGR), from $512.63M to $539.82M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.