Filing Flows › F5 (FFIV) › Operating margin
F5 (FFIV) operating margin by quarter
F5's operating margin was 24.7% in Q3 FY26 (third quarter fiscal 2026), +2.6 pts from Q2 FY26. Over the last 7 quarters it ranged from 21.7% (Q2 FY25) to 26.0% (Q1 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | 24.7% | +2.6 pts | -0.5 pts |
| Q2 FY26 | 22.1% | -4.0 pts | +0.3 pts |
| Q1 FY26 | 26.0% | +0.7 pts | — |
| Q4 FY25 | 25.4% | +0.2 pts | -0.2 pts |
| Q3 FY25 | 25.2% | +3.4 pts | — |
| Q2 FY25 | 21.7% | -3.9 pts | — |
| Q4 FY24 | 25.6% | — | — |
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 operating margin?
F5's operating margin was 24.7% in Q3 FY26 (third quarter fiscal 2026), +2.6 pts from Q2 FY26.
How has F5's operating margin changed?
Over the last 7 quarters it ranged from 21.7% (Q2 FY25) to 26.0% (Q1 FY26).