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F5 (FFIV) free cash flow by quarter

F5's free cash flow was $281M in Q3 FY26 (third quarter fiscal 2026), -19% from Q2 FY26. Over the last 7 quarters it ranged from $149M (Q1 FY26) to $348M (Q2 FY26).

F5 free cash flow by quarterF5 free cash flow by quarter$240MQ4 FY24$246MQ2 FY25$274MQ3 FY25$192MQ4 FY25$149MQ1 FY26$348MQ2 FY26$281MQ3 FY26
QuarterFree cash flowQ/QY/Y
Q3 FY26$281M-19%+3%
Q2 FY26$348M+133%+41%
Q1 FY26$149M-22%—
Q4 FY25$192M-30%-20%
Q3 FY25$274M+11%—
Q2 FY25$246M+2%—
Q4 FY24$240M——

Q3 FY26 at a glance

F5, Q3 FY26: revenue $865M (+11% year over year), operating margin 24.7%, net earnings $208M, operating cash flow $316M. The chart follows the revenue to costs, profit and cash.

Questions

What is F5's free cash flow?

F5's free cash flow was $281M in Q3 FY26 (third quarter fiscal 2026), -19% from Q2 FY26.

How has F5's free cash flow changed?

Over the last 7 quarters it ranged from $149M (Q1 FY26) to $348M (Q2 FY26).

Q3 FY26 results → · How F5 makes money →