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F5, Inc. FFIV Service — Revenue from contract with customer, excluding assessed tax

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Other financials

Income statement

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Revenue$811.7M+11.0%
Gross profit$660.8M+12.0%
Operating income$179.0M+12.7%
Net income$147.8M+1.5%
EPS (diluted)$2.58+4.0%

Balance sheet

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Cash & equivalents$1.4B+14.6%
Total debt$259.9M-2.6%
Total assets$6.5B+10.0%

Cash flow

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Operating cash flow$365.9M+42.6%
CapEx$18.3M+74.7%
Free cash flow$347.6M+41.2%

Valuation

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Market cap$23.47B+38.7%
Enterprise value$22.29B+41.5%
P/E33.1×+7.8×
P/S7.3×+1.7×

Profitability

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Gross margin81.5%+0.6pp
Operating margin24.7%+0.2pp
Net margin22%+0.8pp
FCF margin29.9%+1.5pp

Returns & leverage

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Return on equity506.2%
Debt / equity12.7×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by F5, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: F5, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is F5, Inc.'s service — revenue from contract with customer, excluding assessed tax?
F5, Inc. (FFIV) reported service — revenue from contract with customer, excluding assessed tax of $401.19M in Q1 2026.
How has F5, Inc.'s service — revenue from contract with customer, excluding assessed tax changed year-over-year?
F5, Inc.'s service — revenue from contract with customer, excluding assessed tax increased by 1.8% year-over-year, from $393.93M to $401.19M.
What is the long-term trend for F5, Inc.'s service — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), F5, Inc.'s service — revenue from contract with customer, excluding assessed tax has grown at a 3.9% compound annual growth rate (CAGR), from $1.36B to $1.58B.
What does service — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total revenue generated from service-based contracts, such as maintenance, support, and subscription renewals, net of any sales or value-added taxes. It serves as a primary indicator of the recurring revenue stream and the long-term value of the installed customer base. Growth in this area reflects successful customer retention and the ongoing demand for technical support and software updates.