Operating Expenses

Total Operating Expenses

F5, Inc. Total Operating Expenses increased by 5.5% to $481.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.7%, from $431.27M to $481.78M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows relatively stable performance with a 0.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

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$434.20M$426.96M$437.88M$433.22M$436.29M$445.04M$454.16M$441.48M$457.39M$394.27M$391.69M$400.28M$395.98M$411.93M$420.90M$431.27M$435.43M$460.56M$456.49M$481.78M
QoQ Change-1.7%+2.6%-1.1%+0.7%+2.0%+2.0%-2.8%+3.6%-13.8%-0.7%+2.2%-1.1%+4.0%+2.2%+2.5%+1.0%+5.8%-0.9%+5.5%
YoY Change+0.5%+4.2%+3.7%+1.9%+4.8%-11.4%-13.8%-9.3%-13.4%+4.5%+7.5%+7.7%+10.0%+11.8%+8.5%+11.7%
Range$391.69M$481.78M
CAGR+2.2%
Avg YoY Growth+1.8%
Median YoY Growth+4.4%

Frequently Asked Questions

What is F5, Inc.'s total operating expenses?
F5, Inc. (FFIV) reported total operating expenses of $481.78M in Q1 2026.
How has F5, Inc.'s total operating expenses changed year-over-year?
F5, Inc.'s total operating expenses increased by 11.7% year-over-year, from $431.27M to $481.78M.
What is the long-term trend for F5, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), F5, Inc.'s total operating expenses has grown at a 0.5% compound annual growth rate (CAGR), from $1.72B to $1.75B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.