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F5, Inc. FFIV Operating margin

Operating margin at other companies

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Cisco Systems, Inc.CSCO
23.4%+3.1pp
Amazon logo
AmazonAMZN
12.1%+0.7pp
Akamai Technologies logo
Akamai TechnologiesAKAM
12.3%-0.6pp
Fortinet logo
FortinetFTNT
32.4%+1.6pp
Palo Alto Networks, Inc. logo
Palo Alto Networks, Inc.PANW
9.6%-1.5pp
Cloudflare, Inc. logo
Cloudflare, Inc.NET
-9.3%+0.7pp

Other financials

Income statement

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Revenue$865.1M+10.9%
Gross profit$711.5M+12.6%
Operating income$213.3M+8.6%
Net income$208.2M+9.6%
EPS (diluted)$3.62+11.4%

Balance sheet

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Cash & equivalents$1.6B+12.5%
Total debt$218.7M-15.8%
Total assets$6.8B+11.7%

Cash flow

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Operating cash flow$316.2M+12.1%
CapEx$35.6M+317%
Free cash flow$280.6M+2.5%

Valuation

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Market cap$22.88B+23.2%
Enterprise value$21.49B+23.4%
P/E31.5×+3.6×
P/S6.9×+0.8×

Profitability

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Gross margin81.9%+0.8pp
Net margin22%-0.1pp
FCF margin29.3%-2.3pp

Returns & leverage

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

Where this comes from

Calculated from F5, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: F5, Inc.’s 8-K, filed July 27, 2026. Open the filing →

Filed
Jul 27, 2026, 4:06 PM EDT
Accession
0001048695-26-000063

FAQ

What is F5, Inc.'s operating margin?
F5, Inc. (FFIV) reported operating margin of 24.5% in Q2 2026.
How has F5, Inc.'s operating margin changed year-over-year?
F5, Inc.'s operating margin decreased by 1.2% year-over-year, from 24.8% to 24.5%.
What is the long-term trend for F5, Inc.'s operating margin?
Over 4 years (2021 to 2025), F5, Inc.'s operating margin has grown at a 13.1% compound annual growth rate (CAGR), from 15.1% to 24.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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