F5, Inc. (FFIV) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FFIV Revenue Growth
Revenue Breakdown (FY 2025)
FFIV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FFIV Revenue Analysis (2014–2025)
As of May 6, 2026, F5, Inc. (FFIV) generated trailing twelve-month (TTM) revenue of $3.22 billion, reflecting strong growth of +11.0% year-over-year. The most recent quarter (Q2 2026) recorded $811.7 million in revenue, down 1.3% sequentially.
Looking at the longer-term picture, FFIV's 5-year compound annual growth rate (CAGR) stands at +5.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $3.09 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows FFIV's business is primarily driven by Service (51%), and Product (49%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CSCO (+9.0% YoY), ANET (+30.6% YoY), and NTCT (+4.9% YoY), FFIV has underperformed the peer group in terms of revenue growth. Compare FFIV vs CSCO →
FFIV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FFIVCurrent | $3.2B | +11.0% | +5.6% | 24.8% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% | |
 ANET | $9.0B | +30.6% | +31.2% | 42.8% | |
 NTCT | $823M | +4.9% | -1.6% | -44.7% | |
 RBBN | $845M | -1.2% | +0.0% | 2.4% | |
 PANW | $9.2B | +15.4% | +22.0% | 13.5% |
FFIV Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.09B | +9.7% | $2.51B | 81.4% | $765.9M | 24.8% |
| 2024 | $2.82B | +0.1% | $2.26B | 80.2% | $658.6M | 23.4% |
| 2023 | $2.81B | +4.4% | $2.22B | 78.9% | $472.6M | 16.8% |
| 2022 | $2.70B | +3.6% | $2.16B | 80.0% | $403.8M | 15.0% |
| 2021 | $2.60B | +10.7% | $2.11B | 81.1% | $394.0M | 15.1% |
| 2020 | $2.35B | +4.8% | $1.94B | 82.6% | $392.3M | 16.7% |
| 2019 | $2.24B | +3.7% | $1.89B | 84.1% | $518.5M | 23.1% |
| 2018 | $2.16B | +3.4% | $1.80B | 83.3% | $609.3M | 28.2% |
| 2017 | $2.09B | +4.8% | $1.74B | 83.1% | $564.0M | 27.0% |
| 2016 | $2.00B | +3.9% | $1.66B | 83.1% | $547.4M | 27.4% |
Full FFIV Stock Analysis
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Start ComparisonFFIV — Frequently Asked Questions
Quick answers to the most common questions about buying FFIV stock.
Is FFIV's revenue growth accelerating or slowing?
FFIV maintains +11.0% revenue growth, in line with its 5-year CAGR of +5.6%. TTM revenue stands at $3.2B. Growth rate remains consistent with historical average.
What is FFIV's long-term revenue growth rate?
F5, Inc.'s 5-year revenue CAGR of +5.6% reflects the sustained expansion pattern. Current YoY growth of +11.0% is near this long-term average.
How is FFIV's revenue distributed by segment?
FFIV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.