TTM
24.6%
YoY change
+1.42pp
Trough year (1998)
-75.2%
Peak year (2012)
31.0%
Latest annual
24.8%
Operating Margin history chart for F5 (FFIV) from 1998 to 2025
Latest: 24.8%
Operating Margin change chart for F5 (FFIV) from 1998 to 2025
Latest: +1.42pp
Operating Margin history table for F5 (FFIV) from 1998 to 2025
| 2025 | 24.8% | +1.42pp | ||
| 2024 | 23.4% | +6.59pp | ||
| 2023 | 16.8% | +1.82pp | ||
| 2022 | 15.0% | -0.16pp | ||
| 2021 | 15.1% | -1.55pp | ||
| 2020 | 16.7% | -6.43pp | ||
| 2019 | 23.1% | -5.07pp | ||
| 2018 | 28.2% | +1.21pp | ||
| 2017 | 27.0% | -0.45pp | ||
| 2016 | 27.4% | -1.36pp | ||
| 2015 | 28.8% | +0.30pp | ||
| 2014 | 28.5% | -0.59pp | ||
| 2013 | 29.1% | -1.87pp | ||
| 2012 | 31.0% | +0.51pp | ||
| 2011 | 30.4% | +4.37pp | ||
| 2010 | 26.1% | +6.75pp | ||
| 2009 | 19.3% | +3.25pp | ||
| 2008 | 16.1% | -5.51pp | ||
| 2007 | 21.6% | -1.28pp | ||
| 2006 | 22.9% | -1.77pp | ||
| 2005 | 24.6% | +9.96pp | ||
| 2004 | 14.7% | +11.07pp | ||
| 2003 | 3.6% | +12.43pp | ||
| 2002 | -8.8% | +17.93pp | ||
| 2001 | -26.7% | -38.58pp | ||
| 2000 | 11.8% | +29.37pp | ||
| 1999 | -17.5% | +57.69pp | ||
| 1998 | -75.2% | — |
- 202524.8%+1.42pp
- 202423.4%+6.59pp
- 202316.8%+1.82pp
- 202215.0%-0.16pp
- 202115.1%-1.55pp
- 202016.7%-6.43pp
- 201923.1%-5.07pp
- 201828.2%+1.21pp
- 201727.0%-0.45pp
- 201627.4%-1.36pp
- 201528.8%+0.30pp
- 201428.5%-0.59pp
- 201329.1%-1.87pp
- 201231.0%+0.51pp
- 201130.4%+4.37pp
- 201026.1%+6.75pp
- 200919.3%+3.25pp
- 200816.1%-5.51pp
- 200721.6%-1.28pp
- 200622.9%-1.77pp
- 200524.6%+9.96pp
- 200414.7%+11.07pp
- 20033.6%+12.43pp
- 2002-8.8%+17.93pp
- 2001-26.7%-38.58pp
- 200011.8%+29.37pp
- 1999-17.5%+57.69pp
- 1998-75.2%—
Operating Margin values are taken from F5's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at F5 (FFIV)
According to F5's latest reported financial statements, the company's latest reported operating margin is 24.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for F5 (FFIV) came in at 24.80% – expanded 1.4 percentage points year-over-year.
2012 marks the peak operating margin at 30.95%, with the historical low of -75.23% recorded in 1998.
F5 Operating Margin by Year
F5 Operating Margin 2025: 24.8%
F5 posted operating margin of 24.80% in 2025, expanded 1.4 percentage points from 2024.
F5 Operating Margin 2024: 23.4%
In 2024, F5 reported operating margin of 23.39%, expanded 6.6 percentage points from 2023.
F5 Operating Margin 2023: 16.8%
F5 operating margin in 2023 was 16.80%, expanded 1.8 percentage points from 2022.
F5 Operating Margin 2022: 15.0%
2022's operating margin for F5 came in at 14.98%, contracted 0.2 percentage points from 2021.
F5 Operating Margin 2021: 15.1%
F5 operating margin in 2021 was 15.13%.
See more financial history for F5 (FFIV).
Sector peers by Operating Margin
Technology peers of F5 (FFIV), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
Frequently asked questions
F5 (FFIV) Key Financials
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