F5, Inc. (FFIV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 811.7M | 822.47M | 810.09M | 780.37M | 731.12M | 766.49M | 746.67M | 695.5M | 681.35M | 692.6M | 706.97M | 702.64M | 703.17M | 700.38M | 700.03M | 674.49M | 634.22M | 687.1M | 682M | 651.51M |
| Revenue Growth % | 11.02% | 7.3% | 8.49% | 12.2% | 7.3% | 10.67% | 5.62% | -1.02% | -3.1% | -1.11% | 0.99% | 4.17% | 10.87% | 1.93% | 2.64% | 3.53% | -1.71% | 10% | 10.93% | 11.7% |
| Cost of Goods Sold | 139.45M | 151.78M | 143.88M | 148.63M | 140.96M | 140.51M | 143.72M | 136.43M | 141.11M | 136.39M | 140.96M | 141.68M | 155.65M | 155.01M | 147.46M | 130.73M | 126.36M | 135.07M | 128.68M | 120.9M |
| COGS % of Revenue | 17.18% | 18.45% | 17.76% | 19.05% | 19.28% | 18.33% | 19.25% | 19.62% | 20.71% | 19.69% | 19.94% | 20.16% | 22.14% | 22.13% | 21.07% | 19.38% | 19.92% | 19.66% | 18.87% | 18.56% |
| Gross Profit | 672.25M | 670.68M | 666.21M | 631.74M | 590.16M | 625.98M | 602.95M | 559.07M | 540.24M | 556.21M | 566.01M | 560.96M | 547.52M | 545.37M | 552.57M | 543.75M | 507.87M | 552.03M | 553.32M | 530.61M |
| Gross Margin % | 82.82% | 81.55% | 82.24% | 80.95% | 80.72% | 81.67% | 80.75% | 80.38% | 79.29% | 80.31% | 80.06% | 79.84% | 77.86% | 77.87% | 78.94% | 80.62% | 80.08% | 80.34% | 81.13% | 81.44% |
| Gross Profit Growth % | 13.91% | 7.14% | 10.49% | 13% | 9.24% | 12.54% | 6.53% | -0.34% | -1.33% | 1.99% | 2.43% | 3.16% | 7.81% | -1.21% | -0.14% | 2.48% | -1.71% | 8.32% | 10.04% | 11.19% |
| Operating Expenses | 493.55M | 456.54M | 460.56M | 435.43M | 431.27M | 420.9M | 411.93M | 395.98M | 400.28M | 391.69M | 394.27M | 457.39M | 441.48M | 454.16M | 445.04M | 436.29M | 433.22M | 437.88M | 426.95M | 434.2M |
| OpEx % of Revenue | 60.8% | 55.51% | 56.85% | 55.8% | 58.99% | 54.91% | 55.17% | 56.94% | 58.75% | 56.55% | 55.77% | 65.1% | 62.78% | 64.84% | 63.57% | 64.68% | 68.31% | 63.73% | 62.6% | 66.64% |
| Selling, General & Admin | 331.06M | 315.38M | 310M | 299.08M | 294.71M | 279.06M | 287.98M | 271.5M | 277.98M | 263.64M | 266.44M | 271.98M | 300.11M | 303.1M | 306.52M | 297.55M | 297.38M | 299.7M | 302.25M | 300.92M |
| SG&A % of Revenue | 40.79% | 38.35% | 38.27% | 38.33% | 40.31% | 36.41% | 38.57% | 39.04% | 40.8% | 38.07% | 37.69% | 38.71% | 42.68% | 43.28% | 43.79% | 44.12% | 46.89% | 43.62% | 44.32% | 46.19% |
| Research & Development | 151.04M | 141.16M | 136.39M | 136.34M | 136.56M | 130.52M | 123.95M | 124.39M | 122.21M | 119.58M | 127.83M | 128.76M | 141.36M | 142.32M | 138.52M | 138.74M | 135.84M | 130.27M | 124.7M | 133.28M |
| R&D % of Revenue | 18.61% | 17.16% | 16.84% | 17.47% | 18.68% | 17.03% | 16.6% | 17.88% | 17.94% | 17.26% | 18.08% | 18.33% | 20.1% | 20.32% | 19.79% | 20.57% | 21.42% | 18.96% | 18.28% | 20.46% |
| Other Operating Expenses | 1000K | 0 | 1000K | 0 | 0 | 1000K | 0 | 93K | 90K | 1000K | 0 | 1000K | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | 178.7M | 214.14M | 205.65M | 196.32M | 158.9M | 205.08M | 191.03M | 163.09M | 139.96M | 164.52M | 171.74M | 103.57M | 106.05M | 91.21M | 107.53M | 107.46M | 74.65M | 114.15M | 126.36M | 96.41M |
| Operating Margin % | 22.02% | 26.04% | 25.39% | 25.16% | 21.73% | 26.76% | 25.58% | 23.45% | 20.54% | 23.75% | 24.29% | 14.74% | 15.08% | 13.02% | 15.36% | 15.93% | 11.77% | 16.61% | 18.53% | 14.8% |
| Operating Income Growth % | 12.46% | 4.42% | 7.66% | 20.37% | 13.53% | 24.66% | 11.23% | 57.47% | 31.98% | 80.37% | 59.71% | -3.62% | 42.06% | -20.1% | -14.9% | 11.46% | 39.52% | -3.05% | 28.14% | 10.03% |
| EBITDA | 178.7M | 238.75M | 230.44M | 218.79M | 181.37M | 227.75M | 213.95M | 189.87M | 167.98M | 193.78M | 201.27M | 131.93M | 133.39M | 118.68M | 134.74M | 136.06M | 104.19M | 144.41M | 156.8M | 125.21M |
| EBITDA Margin % | 22.02% | 29.03% | 28.45% | 28.04% | 24.81% | 29.71% | 28.65% | 27.3% | 24.65% | 27.98% | 28.47% | 18.78% | 18.97% | 16.95% | 19.25% | 20.17% | 16.43% | 21.02% | 22.99% | 19.22% |
| EBITDA Growth % | -1.47% | 4.83% | 7.71% | 15.23% | 7.97% | 17.53% | 6.3% | 43.92% | 25.93% | 63.28% | 49.38% | -3.04% | 28.03% | -17.82% | -14.07% | 8.67% | 27.01% | -0.69% | 25.31% | 9.98% |
| D&A (Non-Cash Add-back) | 0 | 24.61M | 24.79M | 22.47M | 22.47M | 22.67M | 22.93M | 26.78M | 28.02M | 29.27M | 29.53M | 28.36M | 27.34M | 27.47M | 27.21M | 28.6M | 29.54M | 30.26M | 30.44M | 28.8M |
| EBIT | 178.7M | 222.92M | 219.82M | 196.32M | 158.9M | 216.4M | 191.03M | 163.18M | 140.05M | 172.99M | 171.74M | 160.22M | 106.05M | 99.95M | 107.53M | 107.46M | 74.65M | 122.06M | 126.36M | 96.41M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 10.51M | 8.78M | 9.42M | 16.71M | 12.3M | 3.96M | 12.49M | 8.53M | 5.97M | 9.88M | 3.08M | 2.9M | 2.74M | 4.7M | -7.81M | -6.22M | -1.93M | -2.43M | -2.87M | -2.16M |
| Pretax Income | 189.22M | 222.92M | 215.07M | 213.02M | 171.2M | 209.04M | 203.51M | 171.62M | 145.93M | 174.4M | 174.83M | 106.47M | 108.78M | 95.91M | 99.72M | 101.24M | 72.71M | 111.72M | 123.5M | 94.25M |
| Pretax Margin % | 23.31% | 27.1% | 26.55% | 27.3% | 23.42% | 27.27% | 27.26% | 24.68% | 21.42% | 25.18% | 24.73% | 15.15% | 15.47% | 13.69% | 14.24% | 15.01% | 11.46% | 16.26% | 18.11% | 14.47% |
| Income Tax | 41.46M | 42.87M | 24.58M | 23.11M | 25.67M | 42.6M | 38.22M | 27.54M | 26.91M | 36.02M | 22.69M | 17.49M | 27.35M | 23.51M | 10.37M | 18.22M | 16.48M | 18.16M | 12.78M | 4.64M |
| Effective Tax Rate % | 21.91% | 19.23% | 11.43% | 10.85% | 14.99% | 20.38% | 18.78% | 16.05% | 18.44% | 20.65% | 12.98% | 16.43% | 25.14% | 24.51% | 10.4% | 18% | 22.66% | 16.26% | 10.35% | 4.93% |
| Net Income | 147.75M | 180.05M | 190.49M | 189.91M | 145.53M | 166.44M | 165.3M | 144.08M | 119.02M | 138.38M | 152.13M | 88.98M | 81.44M | 72.4M | 89.35M | 83.02M | 56.24M | 93.56M | 110.72M | 89.6M |
| Net Margin % | 18.2% | 21.89% | 23.52% | 24.34% | 19.91% | 21.72% | 22.14% | 20.72% | 17.47% | 19.98% | 21.52% | 12.66% | 11.58% | 10.34% | 12.76% | 12.31% | 8.87% | 13.62% | 16.23% | 13.75% |
| Net Income Growth % | 1.53% | 8.18% | 15.24% | 31.81% | 22.27% | 20.28% | 8.65% | 61.93% | 46.15% | 91.13% | 70.28% | 7.18% | 44.81% | -22.61% | -19.3% | -7.35% | 30.05% | 6.71% | 42.56% | 28.24% |
| Net Income (Continuing) | 147.75M | 180.05M | 190.49M | 189.91M | 145.53M | 166.44M | 165.3M | 144.08M | 119.02M | 138.38M | 152.13M | 88.98M | 81.44M | 72.4M | 89.35M | 83.02M | 56.24M | 93.56M | 110.72M | 89.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.58 | 3.10 | 3.26 | 3.25 | 2.48 | 2.82 | 2.80 | 2.44 | 2.00 | 2.32 | 2.55 | 1.48 | 1.34 | 1.20 | 1.49 | 1.37 | 0.92 | 1.51 | 1.80 | 1.46 |
| EPS Growth % | 4.03% | 9.93% | 16.43% | 33.2% | 24% | 21.55% | 9.8% | 64.86% | 49.25% | 93.33% | 71.14% | 8.03% | 45.65% | -20.53% | -17.22% | -6.16% | 31.43% | 7.09% | 42.86% | 28.07% |
| EPS (Basic) | 2.61 | 3.12 | 3.30 | 3.29 | 2.51 | 2.85 | 2.83 | 2.46 | 2.02 | 2.34 | 2.57 | 1.48 | 1.35 | 1.20 | 1.50 | 1.38 | 0.93 | 1.54 | 1.83 | 1.49 |
| Diluted Shares Outstanding | 57.3M | 58.16M | 58.42M | 58.49M | 58.76M | 59.06M | 59.06M | 59.15M | 59.58M | 59.65M | 59.7M | 60.31M | 60.69M | 60.39M | 60.13M | 60.46M | 61.41M | 61.88M | 61.61M | 61.35M |
| Basic Shares Outstanding | 56.71M | 57.65M | 57.65M | 57.77M | 57.89M | 58.3M | 58.38M | 58.58M | 58.79M | 59.12M | 59.24M | 59.98M | 60.33M | 60.1M | 59.75M | 59.97M | 60.57M | 60.81M | 60.53M | 60.19M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |