F5, Inc. (FFIV) FY2025 10-K Annual Report

Filed: Nov 25, 2025
Industrials
Computer Communications EquipmentSEC EDGAR

F5, Inc. (FFIV) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Nov 25, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

F5, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Provides application delivery, security, and multi-cloud services and solutions
  • No new products, services, or segments introduced or emphasized in this filing year
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Management Discussion & Analysis

  • Revenue $3.09B, up 9.7% YoY; products $1.51B (+18.5%), services $1.58B (+2.3%)
  • Gross margin 81.4% vs 80.2%; product margin 22.4% vs 26.4%, service margin 14.9% vs 14.3%
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Risk Factors

  • Tax liabilities $99.3M uncertain tax positions with unknown timing of future cash outflows
  • Purchase commitment $10M annual component inventory, $40M total over 4 years with supplier through 2026
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F5, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$3.1B

+9.7% YoY

Net Income

$692M

+22.2% YoY

Gross Margin

81.4%

+122bp YoY

Operating Margin

24.8%

+142bp YoY

Net Margin

22.4%

+229bp YoY

ROE

19.3%

+116bp YoY

Total Assets

$6.3B

+12.6% YoY

EPS (Diluted)

$11.80

+23.6% YoY

Operating Cash Flow

$950M

+19.8% YoY

Source: XBRL data from F5, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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