Company Analysis

F5, Inc. (FFIV)

Nasdaq: FFIV · Computer Communications Equipment · Seattle, WA · filing with the SEC since 1999
Grade6.3
◀ Past 6.5● Present 6.3▶ Future 6.3

The grade of F5, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past6.530% of the headline
● Present6.340% of the headline
▶ Future6.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.7/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2025-10-15.

weight 33% of this tense · 37th percentile among 15 sector filers · read for itself

From the record

F5, Inc.'s filings since 2017 show 1 warning event: a material cybersecurity incident (8-K item 1.05, the latest 2025-10-15) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.0/10

What has it actually done, year after year?

+5% a year over 9 filed years; profitable in 9 of 9.

weight 45% of this tense · 80th percentile among 15 sector filers · read for its customers

From the record

F5, Inc.'s 9 filed years say what it did: revenue went from $2.1 billion in fiscal 2017 to $3.1 billion in fiscal 2025, up 5% a year; it rose in 8 of 8 years; it never fell from a peak; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.0%bottom 39% of its family
  • the share of years revenue rosetop 3% of its family
  • the share of filed years with a profittop 13% of its family
  • the deepest fall from a revenue peak0.0%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.7/10

How has it treated the people who own it?

Share count shrank 1.3% a year. 56% of cash flow returned. Insiders: 117 sales, 0 purchases.

weight 22% of this tense · 77th percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, F5, Inc.'s diluted share count shrank about 1.3% a year, and dividends and buybacks returned about 56% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 117 sales (104 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 18% of its family
  • cash returned against operating cash flowtop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.5/10

Is it financially healthy right now?

ROE 19%: 19¢ of profit per shareholder dollar. Leverage 43%: owes 43¢ per asset dollar.

weight 45% of this tense · 65th percentile among 15 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, F5, Inc. earned about 19 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 40 cents per dollar of everything the company owns. Leverage: it owed about 43 cents per dollar of assets, and net share issuance: its share count shrank 1.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 37% of its family
  • return on equitytop 35% of its family
  • gross profit against assetstop 23% of its family
  • the share count against the year beforetop 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.9/10

How strong is its position in its industry?

top 21% of 15 in its family; net margin 22.4%.

weight 33% of this tense · 79th percentile among 15 sector filers · read for its customers

From the record

F5, Inc.'s standing among 15 graded names in its industry family: revenue of $3.1 billion in fiscal 2025 ranks in the top 17% by size; a net margin of 22.4% ranks in the top 10%; revenue growth of 4.6% a year over the last 3 filed years ranks in the top 37% (its annual reports).

What it rests on

  • revenue against the family$3.09Btop 17% of its family
  • net margin22.4%top 10% of its family
  • three-year revenue growth4.6%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.4/10

What are the people in charge doing?

bottom 34% of 8 in its family for leadership; chief executive since 2017.

weight 22% of this tense · 34th percentile among 8 sector filers · read for its shareholders

From the record

F5, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Locoh-Donou, Francois (President, CEO & Director, as filed), filing under that title since 2017-04-13, 9.6 years (bottom 44% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 3 years (bottom 19%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (bottom 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge14 in three years among 21 peoplebottom 39% of its family
  • the median years the people in charge have filed3.0 yearsbottom 19% of its family
  • the chief executive's years on the record9.6 yearsbottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.5/10

How much room does it have to grow?

top 25% of 15 in its family for room to expand.

weight 45% of this tense · 75th percentile among 15 sector filers · read for itself

From the record

F5, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.3 billion against no long-term debt tagged leaves 21.3% of its assets as net cash, top 43% of its family; cash from operations less capital spending is 29.4% of revenue (top 10%); a gross margin of 81.4% (top 3%); research spending of 17.5% of revenue (top 42%) (its annual report).

What it rests on

  • cash less debt against assets21.3%top 43% of its family
  • cash from operations less capital spending against revenue29.4%top 10% of its family
  • gross margin81.4%top 3% of its family
  • research spending against revenue17.5%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.8/10

What could actually drive growth from here?

bottom 48% of 14 in its family for growth drivers.

weight 33% of this tense · 48th percentile among 14 sector filers · read for its customers

From the record

F5, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4.6% a year over the last three filed years against 5% over all 9, slowing (top 39% of its family); the newest year grew 9.7% (bottom 37%); research spending grew -0.2% a year (bottom 39%); capital spending grew 8.8% a year (top 46%) (its annual reports). F5, Inc. reported 2 product lines in fiscal 2025: Service at $1.6 billion (51%), Product at $1.5 billion (49%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-0.4 points a yeartop 39% of its family
  • the newest year's revenue growth9.7%bottom 37% of its family
  • three-year growth of research spending-0.2%bottom 39% of its family
  • three-year growth of capital spending8.8%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.1/10

Did its newest year beat what its own record pointed to?

top 39% of 15 in its family for expectations against reality.

weight 22% of this tense · 61st percentile among 15 sector filers · read for its shareholders

From the record

F5, Inc.'s newest year against its own record: revenue of $3.1 billion in fiscal 2025 came in 7.3% above the $2.9 billion its prior three years' pace pointed to (top 50% of its family); net income of $692 million against a prior three-year average of $428 million (top 37%); a net margin of 22.4% against 15.4% before (top 30%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace7.3%top 50% of its family
  • net income against the prior three years' average+62%top 37% of its family
  • net margin against its prior average+7.0 pointstop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FFIV · research, not advice