Operating Income for F5 (FFIV)
According to F5's latest reported financial statements, the company's current operating income (TTM) is $795.13M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

FFIV
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$795.13M
YoY change
+16.3%
5Y CAGR
+14.3%
Peak year (2025)
$765.95M
Cumulative operating income
$8.31B
Operating Income history chart for F5 (FFIV) from 1998 to 2025
Operating Income history table for F5 (FFIV) from 1998 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $765.95M | +16.3% | ||
| 2024 | $658.59M | +39.4% | ||
| 2023 | $472.57M | +17.0% | ||
| 2022 | $403.79M | +2.5% | ||
| 2021 | $394.02M | +0.4% | ||
| 2020 | $392.27M | -24.3% | ||
| 2019 | $518.46M | -14.9% | ||
| 2018 | $609.33M | +8.0% | ||
| 2017 | $563.96M | +3.0% | ||
| 2016 | $547.38M | -1.0% | ||
| 2015 | $552.90M | +12.0% | ||
| 2014 | $493.56M | +14.6% | ||
| 2013 | $430.82M | +1.1% | ||
| 2012 | $426.30M | +21.6% | ||
| 2011 | $350.66M | +52.5% | ||
| 2010 | $230.00M | +82.2% | ||
| 2009 | $126.25M | +20.7% | ||
| 2008 | $104.58M | -7.9% | ||
| 2007 | $113.50M | +25.9% | ||
| 2006 | $90.14M | +30.0% | ||
| 2005 | $69.36M | +175.8% | ||
| 2004 | $25.15M | +500.3% | ||
| 2003 | $4.19M | -143.9% | ||
| 2002 | -$9.54M | -66.8% | ||
| 2001 | -$28.72M | -323.4% | ||
| 2000 | $12.85M | -363.6% | ||
| 1999 | -$4.88M | +35.0% | ||
| 1998 | -$3.61M | — |
Operating Income values are taken from F5's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for F5 (FFIV) came in at $765.95M – grew 16.3% year-over-year.
Over 2020–2025 (5 years), F5 operating income expanded at a +14.3% compound annual rate, sustaining 5 straight years of year-over-year growth.
$765.95M stands as the all-time-high annual operating income, posted in 2025, against a low of -$28.72M during 2001.
Among 8 Technology peers, F5 (FFIV) ranks 9th; the peer median for operating income is $77.01B.
F5 Operating Income by Year
F5 Operating Income 2025: $765.95M
F5 operating income in 2025 was $765.95M, grew 16.3% from 2024. This figure represents the highest annual value in the available history.
F5 Operating Income 2024: $658.59M
F5 operating income in 2024 was $658.59M, surged 39.4% from 2023.
F5 Operating Income 2023: $472.57M
F5 operating income in 2023 was $472.57M, grew 17.0% from 2022.
F5 Operating Income 2022: $403.79M
F5 operating income in 2022 was $403.79M, edged up 2.5% from 2021.
F5 Operating Income 2021: $394.02M
F5 operating income in 2021 was $394.02M.
See more financial history for F5 (FFIV).
Sector peers — Operating Income
Companies in the same sector as F5, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is F5's operating income?
- Latest reported operating income for F5 (FFIV) is $795.13M (period ending March 31, 2026).
How has F5 operating income changed year-over-year?
- F5 (FFIV) operating income changed +16.3% year-over-year on the latest annual filing.
What is the long-term growth rate of F5 operating income?
- F5 (FFIV) operating income compound annual growth rate is +14.3% over the most recent 5 years available.
When did F5 operating income hit its highest annual value?
- F5 operating income reached its highest annual value of $765.95M in 2025.
What was F5 operating income in 2024?
- F5 (FFIV) operating income in 2024 was $658.59M.
What was F5 operating income in 2025?
- F5 (FFIV) operating income in 2025 was $765.95M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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