F5 Inc. (FFIV) financial statements: income statement, balance sheet and cash flow

F5 Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), F5 Inc. reported revenue of $3.1B (+9.7% year on year) and net income of $692.4M (+22.2% year on year).

Income statement

F5 Inc. income statement, fiscal years

Line item	Sep 30, 2025 · FY	Sep 30, 2024 · FY	Sep 30, 2023 · FY	Sep 30, 2022 · FY
Net revenues	$3.1B	$2.8B	$2.8B	$2.7B
Cost of net revenues	$574.0M	$557.6M	$593.3M	$539.6M
Gross profit	$2.5B	$2.3B	$2.2B	$2.2B
Sales and marketing	$860.5M	$832.3M	$878.2M	$926.6M
Research and development	$539.8M	$490.1M	$540.3M	$543.4M
General and administrative	$322.3M	$268.8M	$263.4M	$274.6M
Restructuring charges	$25.5M	$8.7M	$65.4M	$7.9M
Total	$1.7B	$1.6B	$1.7B	$1.8B
Income from operations	$765.9M	$658.6M	$472.6M	$403.8M
Other income, net	$42.4M	$36.9M	$13.4M	($18.4M)
Income before income taxes	$808.3M	$695.5M	$486.0M	$385.4M
Provision for income taxes	$116.0M	$128.7M	$91.0M	$63.2M
Net income	$692.4M	$566.8M	$394.9M	$322.2M
Net income per share - basic (USD per share)	$11.96	$9.65	$6.59	$5.34
Weighted average shares - basic (shares)	57.9M	58.7M	59.9M	60.3M
Net income per share - diluted (USD per share)	$11.80	$9.55	$6.55	$5.27
Weighted average shares - diluted (shares)	58.7M	59.4M	60.3M	61.1M

F5 Inc. income statement, quarters

Line item	Jun 30, 2026 · Q3	Mar 31, 2026 · Q2	Dec 31, 2025 · Q1	Jun 30, 2025 · Q3
Revenue from contract with customer, excluding assessed tax	$865.1M	$811.7M	$822.5M	$780.4M
Cost of net revenues	$153.6M	$150.9M	$151.8M	$148.6M
Gross profit	$711.5M	$660.8M	$670.7M	$631.7M
Sales and marketing	$238.0M	$239.4M	$224.8M	$220.4M
Research and development	$164.7M	$151.0M	$141.2M	$136.3M
General and administrative	$95.6M	$91.6M	$90.6M	$78.7M
Restructuring charges, net	($30.0K)	($315.0K)	$43.0K	—
Total	$498.2M	$481.8M	$456.5M	$435.4M
Income from operations	$213.3M	$179.0M	$214.2M	$196.3M
Other income, net	$12.9M	$10.2M	$8.7M	$16.7M
Income before income taxes	$226.2M	$189.2M	$222.9M	$213.0M
Provision for income taxes	$18.0M	$41.5M	$42.9M	$23.1M
Net income	$208.2M	$147.8M	$180.1M	$189.9M
Net income per share — basic (dollars per share)	$3.67	$2.61	$3.12	$3.29
Weighted average shares — basic (shares)	56.7M	56.7M	57.6M	57.8M
Net income per share — diluted (dollars per share)	$3.62	$2.58	$3.10	$3.25
Weighted average shares — diluted (shares)	57.5M	57.3M	58.2M	58.5M

Balance sheet

F5 Inc. balance sheet, fiscal years

Line item	Sep 30, 2025 · FY	Sep 30, 2024 · FY	Sep 30, 2023 · FY	Sep 30, 2022 · FY
Cash and cash equivalents	$1.3B	$1.1B	$797.2M	$758.0M
Accounts receivable, net of allowances of $2,877 and $4,585	$414.4M	$389.0M	$454.8M	$470.0M
Inventories	$77.2M	$76.4M	$35.9M	$68.4M
Other current assets	$682.8M	$569.5M	$554.7M	$489.3M
Total current assets	$2.5B	$2.1B	$1.8B	$1.9B
Property and equipment, net	$156.9M	$150.9M	$170.4M	$168.2M
Operating lease right-of-use assets	$185.6M	$178.2M	$195.5M	$227.5M
Long-term investments	$15.7M	$8.6M	$5.1M	$9.5M
Deferred tax assets	$446.4M	$366.0M	$295.3M	$183.4M
Goodwill	$2.4B	$2.3B	$2.3B	$2.3B
Other assets, net	$552.3M	$487.5M	$444.6M	$516.1M
Total assets	$6.3B	$5.6B	$5.2B	$5.3B
Accounts payable	$84.0M	$67.9M	$63.3M	$113.2M
Accrued liabilities	$315.4M	$300.1M	$282.9M	$309.8M
Deferred revenue	$1.2B	$1.1B	$1.1B	$1.1B
Total current liabilities	$1.6B	$1.5B	$1.5B	$1.8B
Deferred tax liabilities	$1.9M	$7.2M	$4.6M	$2.8M
Deferred revenue, long-term	$786.0M	$676.3M	$648.5M	$624.4M
Operating lease liabilities, long-term	$230.7M	$215.8M	$239.6M	$272.4M
Other long-term liabilities	$96.2M	$94.7M	$82.6M	$67.7M
Total long-term liabilities	$1.1B	$994.0M	$975.3M	$967.3M
Preferred stock, no par value; 10,000 shares authorized, no shares issued and outstanding	0	0	0	0
Common stock, no par value; 200,000 shares authorized, 57,684 and 58,094 shares issued and outstanding	42.0M	5.9M	24.4M	91.0M
Accumulated other comprehensive loss	($18.3M)	($20.9M)	($23.2M)	($26.2M)
Retained earnings	$3.6B	$3.1B	$2.8B	$2.4B
Total shareholders’ equity	$3.6B	$3.1B	$2.8B	$2.5B
Total liabilities and shareholders’ equity	$6.3B	$5.6B	$5.2B	$5.3B

F5 Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Jun 30, 2025
Cash and cash equivalents	$1.6B	$1.4B	$1.2B	$1.4B
Accounts receivable, net of allowances of $2,788 and $2,877	$428.7M	$425.6M	$493.6M	$359.9M
Inventories	$126.9M	$90.3M	$79.9M	$66.9M
Other current assets	$785.6M	$743.8M	$742.2M	$631.3M
Total current assets	$2.9B	$2.7B	$2.5B	$2.5B
Property and equipment, net	$197.3M	$175.4M	$157.1M	$152.4M
Operating lease right-of-use assets	$178.2M	$184.5M	$191.3M	$182.2M
Long-Term Investments	$22.0M	$20.8M	$18.0M	$15.0M
Deferred tax assets	$487.2M	$467.5M	$456.2M	$430.6M
Goodwill	$2.5B	$2.4B	$2.4B	$2.3B
Other assets, net	$514.9M	$503.3M	$509.8M	$523.8M
Total assets	$6.8B	$6.5B	$6.3B	$6.1B
Accounts payable	$136.2M	$79.5M	$60.7M	$68.7M
Accrued liabilities	$344.4M	$329.1M	$305.2M	$281.4M
Deferred revenue	$1.3B	$1.3B	$1.3B	$1.2B
Total current liabilities	$1.8B	$1.7B	$1.6B	$1.6B
Deferred tax liabilities	$1.9M	$1.9M	$1.9M	$8.7M
Deferred revenue, long-term	$903.1M	$849.7M	$808.6M	$755.9M
Operating lease liabilities, long-term	$218.7M	$226.6M	$234.9M	$229.4M
Other long-term liabilities	$79.4M	$92.5M	$89.1M	$96.6M
Total long-term liabilities	$1.2B	$1.2B	$1.1B	$1.1B
Preferred stock, no par value; 10,000 shares authorized, no shares issued and outstanding	0	0	0	0
Common stock, no par value; 200,000 shares authorized, 56,826 and 57,684 shares issued and outstanding	50.5M	52.6M	5.9M	40.7M
Accumulated other comprehensive loss	($19.0M)	($19.0M)	($18.2M)	($18.6M)
Retained earnings	$3.8B	$3.6B	$3.6B	$3.4B
Total shareholders' equity	$3.9B	$3.6B	$3.5B	$3.5B
Total liabilities and shareholders' equity	$6.8B	$6.5B	$6.3B	$6.1B

Cash flow statement

F5 Inc. cash flow statement, fiscal years

Line item	Sep 30, 2025 · FY	Sep 30, 2024 · FY	Sep 30, 2023 · FY	Sep 30, 2022 · FY
Net income	$692.4M	$566.8M	$394.9M	$322.2M
Stock-based compensation	$231.5M	$219.1M	$236.7M	$249.2M
Depreciation and amortization	$92.4M	$107.0M	$112.7M	$115.6M
Non-cash operating lease costs	$31.5M	$33.0M	$38.5M	$38.7M
Deferred income taxes	($72.2M)	($68.5M)	($108.5M)	($40.2M)
Impairment of assets	$0	$0	$3.5M	$6.2M
Other	$5.6M	($962.0K)	$1.4M	$1.3M
Accounts receivable	($28.4M)	$64.0M	$16.7M	($130.6M)
Inventories	($851.0K)	($40.5M)	$32.5M	($46.3M)
Other current assets	($103.6M)	($14.0M)	($65.0M)	($144.6M)
Other assets	($92.0M)	($92.0M)	$16.6M	($87.0M)
Accounts payable and accrued liabilities	$28.9M	$40.4M	($63.1M)	$19.2M
Deferred revenue	$200.5M	$22.8M	$81.7M	$191.1M
Lease liabilities	($36.1M)	($44.7M)	($45.2M)	($52.0M)
Net cash provided by operating activities	$949.7M	$792.4M	$653.4M	$442.6M
Purchases of investments	($5.7M)	($2.1M)	($1.8M)	($61.3M)
Maturities of investments	$548.0K	$6.2M	$111.3M	$260.4M
Sales of investments	$0	$0	$16.1M	$120.6M
Acquisition of businesses, net of cash acquired	($171.1M)	($32.9M)	($35.0M)	($67.9M)
Purchases of property and equipment	($43.3M)	($30.4M)	($54.2M)	($33.6M)
Net cash (used in) provided by investing activities	($219.5M)	($59.2M)	$36.4M	$218.1M
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	59.2M	55.1M	60.0M	64.5M
Payments for repurchase of common stock, including excise taxes	($502.1M)	($500.6M)	($350.0M)	($500.0M)
Payments on term debt agreement	$0	$0	($350.0M)	($20.0M)
Taxes paid related to net share settlement of equity awards	($21.9M)	($11.5M)	($13.2M)	($21.0M)
Net cash used in financing activities	($464.8M)	($457.0M)	($653.3M)	($476.5M)
Net increase in cash, cash equivalents and restricted cash	$265.4M	$276.2M	$36.5M	$184.2M
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	$2.7M	$1.3M	$2.1M	($6.4M)
Cash, cash equivalents and restricted cash, beginning of year	$1.1B	$800.8M	$762.2M	$584.3M
Cash, cash equivalents and restricted cash, end of year	$1.3B	$1.1B	$800.8M	$762.2M
Cash paid for taxes, net of refunds	$205.7M	$181.6M	$191.6M	$110.0M
Cash paid for amounts included in the measurement of operating lease liabilities	$44.6M	$53.3M	$52.9M	$58.6M
Cash paid for interest on long-term debt	$0	$0	$3.0M	$8.0M
Right-of-use assets obtained in exchange for lease obligations	$48.3M	$12.9M	$10.5M	$20.8M

F5 Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · YTD	Dec 31, 2025 · Q1	Jun 30, 2025 · YTD
Net income	$536.0M	$327.8M	$180.1M	$501.9M
Stock-based compensation	$193.5M	$128.0M	$60.0M	$174.2M
Depreciation and amortization	$72.6M	$49.2M	$24.6M	$67.6M
Non-cash operating lease costs	$22.4M	$15.0M	$7.5M	$23.7M
Deferred income taxes	($38.6M)	($20.6M)	($9.6M)	($56.3M)
Other	($3.3M)	($3.5M)	($1.1M)	$3.9M
Accounts receivable	($14.3M)	($11.8M)	($79.4M)	$26.8M
Inventories	($49.7M)	($13.1M)	($2.7M)	$9.5M
Other current assets	($101.0M)	($59.7M)	($58.6M)	($54.5M)
Other assets	$5.6M	$21.4M	$28.6M	($68.3M)
Accounts payable and accrued liabilities	$51.0M	($10.1M)	($44.7M)	($19.0M)
Deferred revenue	$192.3M	$119.1M	$62.4M	$159.0M
Lease liabilities	($25.2M)	($16.5M)	($8.0M)	($26.9M)
Net cash provided by operating activities	$841.4M	$525.1M	$159.2M	$741.6M
Purchases of investments	($4.8M)	($2.9M)	($2.2M)	($4.4M)
Maturities of investments	$402.0K	$402.0K	—	$0
Sales of investments	$1.6M	$1.3M	$1.3M	—
Acquisition of businesses, net of cash acquired	($47.6M)	$0	—	($24.2M)
Purchases of property and equipment	($63.7M)	($28.1M)	($9.7M)	($27.1M)
Net cash used in investing activities	($114.2M)	($29.2M)	($10.6M)	($55.7M)
Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan	59.6M	22.9M	22.8M	59.0M
Payments for repurchase of common stock, including excise taxes	($501.1M)	($401.1M)	($301.1M)	($377.1M)
Taxes paid related to net share settlement of equity awards	($22.7M)	($18.1M)	($14.8M)	($19.6M)
Net cash used in financing activities	($464.2M)	($396.3M)	($293.0M)	($337.7M)
Net increase in cash, cash equivalents and restricted cash	$263.0M	$99.6M	($144.4M)	$348.2M
Effect of exchange rate changes on cash, cash equivalents and restricted cash	($1.4M)	($1.0M)	($131.0K)	$2.4M
Cash, cash equivalents and restricted cash, beginning of period	$1.3B	$1.3B	$1.3B	$1.1B
Cash, cash equivalents and restricted cash, end of period	$1.6B	$1.4B	$1.2B	$1.4B
Cash paid for amounts included in the measurement of operating lease liabilities	$31.5M	$20.4M	$10.4M	$34.1M
Right-of-use assets obtained in exchange for lease obligations	$15.7M	$14.6M	$13.9M	$37.2M

F5 Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.