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F5, INC.

FFIV · Computer Communications Equipment · 56.4M shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $113M (gross $350M, SBC $237M)

Reference price $398.53 · est. market cap ~$22.5B — last insider sale, 2026-06-10 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B80

Application-delivery/security vendor with elite gross margins, strong free cash flow, and solid growth.

Strengths

Risks

Notable findings

Quarterly revenue

2025-06-30 · $780M2025-09-30 · $810M2025-12-31 · $822M2026-03-31 · $812M

Last 4 quarters · from SEC filings.

Key metrics

Gross margin
81.4%
Operating margin
24.8%
Net margin
22.4%
Return on assets
11.0%
Revenue growth (QoQ)
-1.3%
Net-income growth
22.2%
Current ratio
1.6×
Free cash flow
$906M
EBITDA
$858M
Cash & investments
$1.4B
Stock comp / revenue
7.5%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-06-10Buse ElizabethSell120$400.58
2026-06-10Buse ElizabethSell40$401.05
2026-06-10Buse ElizabethSell214$398.53
2026-06-10Buse ElizabethSell626$399.29
2026-06-02Werner Edward CooperSell2.5K$400.00
2026-05-08Werner Edward CooperSell1.5K$350.00
2026-05-08WHALEN CHAD MICHAELSell6.2K$350.19
2026-05-05Locoh-Donou FrancoisSell80$335.27
2026-05-05Locoh-Donou FrancoisSell1.3K$336.92
2026-05-05Locoh-Donou FrancoisSell200$332.52
2026-05-05Locoh-Donou FrancoisSell40$331.05
2026-05-05Locoh-Donou FrancoisSell1.3K$337.78
2026-05-05Locoh-Donou FrancoisSell480$338.60
2026-05-05Locoh-Donou FrancoisSell383$339.88
2026-05-05FOUNTAIN THOMAS DEANSell1.3K$330.58
2026-05-04ANAND KUNALSell3.1K$322.33
2026-05-04WHALEN CHAD MICHAELSell704$330.30
2026-05-04Werner Edward CooperSell599$322.33
2026-05-04OKEKE ANGELIQUE MSell842$322.33
2026-05-04Maddison John AnthonySell1.0K$322.33
2026-05-01ANAND KUNALTax withheld4.0K$323.20
2026-05-01OKEKE ANGELIQUE MOption exercise1.8K
2026-05-01OKEKE ANGELIQUE MTax withheld697$323.20
2026-05-01Maddison John AnthonyOption exercise454
2026-05-01Maddison John AnthonyTax withheld230$323.20
2026-05-01Werner Edward CooperOption exercise987
2026-05-01Werner Edward CooperTax withheld388$323.20
2026-05-01ANAND KUNALOption exercise10K
2026-05-01MONTOYA MICHAEL FOption exercise2.1K
2026-05-01MONTOYA MICHAEL FTax withheld840$323.20
2026-05-01WHALEN CHAD MICHAELOption exercise2.3K
2026-05-01WHALEN CHAD MICHAELTax withheld910$323.20
2026-05-01FOUNTAIN THOMAS DEANOption exercise2.7K
2026-05-01FOUNTAIN THOMAS DEANTax withheld1.4K$323.20
2026-05-01Locoh-Donou FrancoisOption exercise6.2K
2026-05-01Locoh-Donou FrancoisTax withheld2.5K$323.20
2026-03-25Werner Edward CooperSell1.0K$300.00
2026-03-25Locoh-Donou FrancoisSell3.3K$300.00
2026-03-11Gonzalez Julie MarieOption exercise934
2026-03-11MONTOYA MICHAEL FOption exercise934
2026-03-11MONTOYA MICHAEL FTax withheld367$289.52
2026-03-11MEHTA NIKHIL RAMESHOption exercise934
2026-03-11Erwin Tami A.Option exercise934
2026-03-11Combes MichelOption exercise934
2026-03-11McReynolds MayaOption exercise934
2026-03-11Dreyer Michael LOption exercise934
2026-03-11Budnik MarianneOption exercise934
2026-03-11Buse ElizabethOption exercise934
2026-03-11HIGGINSON ALANOption exercise934
2026-03-06WHALEN CHAD MICHAELSell688$277.05
2026-03-04Locoh-Donou FrancoisSell693$280.73
2026-03-04Werner Edward CooperSell40$278.21
2026-03-04Werner Edward CooperSell560$280.56
2026-03-04Werner Edward CooperSell80$282.23
2026-03-04Werner Edward CooperSell80$284.74
2026-03-04Werner Edward CooperSell209$286.39
2026-03-04Locoh-Donou FrancoisSell120$278.12
2026-03-04Locoh-Donou FrancoisSell307$279.73
2026-03-04Locoh-Donou FrancoisSell280$281.99
2026-03-04Locoh-Donou FrancoisSell160$282.71
2026-03-04Locoh-Donou FrancoisSell360$284.13
2026-03-04Locoh-Donou FrancoisSell720$285.03
2026-03-04Locoh-Donou FrancoisSell995$286.20
2026-03-04Locoh-Donou FrancoisSell120$286.67
2026-02-20Dreyer Michael LSell3.1K$282.41
2026-02-19HIGGINSON ALANSell1.8K$275.25
2026-02-10OKEKE ANGELIQUE MSell386$278.32
2026-02-10Maddison John AnthonySell1.0K$280.66
2026-02-10ANAND KUNALSell377$278.32
2026-02-10FOUNTAIN THOMAS DEANSell1.3K$278.32
2026-02-03SCHRAMM LYRA AMBERSell199$281.37
2026-02-01OKEKE ANGELIQUE MOption exercise821
2026-02-01OKEKE ANGELIQUE MTax withheld352$275.61
2026-02-01Maddison John AnthonyOption exercise8.1K
2026-02-01Maddison John AnthonyTax withheld4.1K$275.61
2026-02-01Werner Edward CooperOption exercise987
2026-02-01Werner Edward CooperTax withheld418$275.61
2026-02-01ANAND KUNALOption exercise1.3K
2026-02-01ANAND KUNALTax withheld537$275.61
2026-02-01SCHRAMM LYRA AMBEROption exercise826
2026-02-01SCHRAMM LYRA AMBERTax withheld450$275.61
2026-02-01MONTOYA MICHAEL FOption exercise2.1K
2026-02-01MONTOYA MICHAEL FTax withheld870$275.61
2026-02-01WHALEN CHAD MICHAELOption exercise2.3K
2026-02-01WHALEN CHAD MICHAELTax withheld941$275.61
2026-02-01FOUNTAIN THOMAS DEANOption exercise2.7K
2026-02-01FOUNTAIN THOMAS DEANTax withheld1.4K$275.61
2026-02-01Locoh-Donou FrancoisOption exercise6.2K
2026-02-01Locoh-Donou FrancoisTax withheld2.5K$275.61
2026-01-26FOUNTAIN THOMAS DEANSell3.3K$261.87
2026-01-20FOUNTAIN THOMAS DEANSell1.1K$262.73
2026-01-12FOUNTAIN THOMAS DEANSell1.1K$265.00
2026-01-05FOUNTAIN THOMAS DEANSell1.1K$263.79
2025-12-29FOUNTAIN THOMAS DEANSell1.1K$262.86
2025-12-22FOUNTAIN THOMAS DEANSell1.1K$257.90
2025-12-15FOUNTAIN THOMAS DEANSell1.1K$264.76
2025-12-08FOUNTAIN THOMAS DEANSell1.1K$248.66
2025-12-03HIGGINSON ALANSell1.3K$237.11
2025-12-01FOUNTAIN THOMAS DEANSell1.1K$236.99
2025-12-01Locoh-Donou FrancoisSell1.3K$236.99
2025-11-24FOUNTAIN THOMAS DEANSell1.1K$234.91
2025-11-18FOUNTAIN THOMAS DEANSell1.1K$227.44
2025-11-04SCHRAMM LYRA AMBERSell1.1K$246.97
2025-11-03FOUNTAIN THOMAS DEANSell3.3K$249.38
2025-11-03FOUNTAIN THOMAS DEANSell1.7K$248.44
2025-11-03FOUNTAIN THOMAS DEANSell1.1K$250.18
2025-11-03WHALEN CHAD MICHAELSell129$252.98
2025-11-03Locoh-Donou FrancoisSell1.3K$252.98
2025-11-03WHALEN CHAD MICHAELSell2.5K$251.02
2025-11-03WHALEN CHAD MICHAELSell940$250.19
2025-11-03FOUNTAIN THOMAS DEANSell114$252.98
2025-11-03WHALEN CHAD MICHAELSell3.7K$249.47
2025-11-03WHALEN CHAD MICHAELSell2.2K$248.51
2025-11-03FOUNTAIN THOMAS DEANSell2.2K$251.05
2025-11-01SCHRAMM LYRA AMBEROption exercise453
2025-11-01OKEKE ANGELIQUE MOption exercise489
2025-11-01OKEKE ANGELIQUE MTax withheld191$253.05
2025-11-01Werner Edward CooperOption exercise783
2025-11-01Werner Edward CooperTax withheld1.0K$253.05
2025-11-01ANAND KUNALOption exercise623
2025-11-01ANAND KUNALTax withheld1.2K$253.05
2025-11-01SCHRAMM LYRA AMBERTax withheld1.2K$253.05
2025-11-01WHALEN CHAD MICHAELOption exercise2.6K
2025-11-01WHALEN CHAD MICHAELTax withheld7.4K$253.05
2025-11-01FOUNTAIN THOMAS DEANOption exercise3.0K
2025-11-01FOUNTAIN THOMAS DEANTax withheld12K$253.05
2025-11-01Locoh-Donou FrancoisOption exercise7.2K
2025-11-01Locoh-Donou FrancoisTax withheld29K$253.05
2025-10-31SCHRAMM LYRA AMBERGrant1.8K
2025-10-31WHALEN CHAD MICHAELGrant16K
2025-10-31Werner Edward CooperGrant1.8K
2025-10-31Locoh-Donou FrancoisGrant68K
2025-10-31ANAND KUNALGrant2.5K
2025-10-31FOUNTAIN THOMAS DEANGrant19K
2025-10-01Locoh-Donou FrancoisSell1.3K$320.61
2025-09-08SCHRAMM LYRA AMBERSell2.7K$316.57
2025-09-02Locoh-Donou FrancoisSell1.3K$309.61
2025-08-11WHALEN CHAD MICHAELSell1.3K$321.26
2025-08-11WHALEN CHAD MICHAELSell2.4K$322.56
2025-08-11WHALEN CHAD MICHAELSell1.3K$323.07
2025-08-11WHALEN CHAD MICHAELSell300$320.24
2025-08-04FOUNTAIN THOMAS DEANSell1.3K$309.73
2025-08-01WHALEN CHAD MICHAELTax withheld1.0K$313.42
2025-08-01Werner Edward CooperOption exercise782
2025-08-01Werner Edward CooperTax withheld307$313.42
2025-08-01SCHRAMM LYRA AMBEROption exercise453
2025-08-01SCHRAMM LYRA AMBERTax withheld243$313.42
2025-08-01OKEKE ANGELIQUE MOption exercise488
2025-08-01OKEKE ANGELIQUE MTax withheld191$313.42
2025-08-01Locoh-Donou FrancoisOption exercise7.2K
2025-08-01Locoh-Donou FrancoisTax withheld2.8K$313.42
2025-08-01Locoh-Donou FrancoisSell1.3K$308.14
2025-08-01WHALEN CHAD MICHAELOption exercise2.6K
2025-08-01FOUNTAIN THOMAS DEANTax withheld1.6K$313.42
2025-08-01ANAND KUNALOption exercise623
2025-08-01ANAND KUNALTax withheld245$313.42
2025-08-01FOUNTAIN THOMAS DEANOption exercise3.0K
2025-07-01Locoh-Donou FrancoisSell1.3K$294.32
2025-06-12Locoh-Donou FrancoisGift42K
2025-06-12Locoh-Donou FrancoisGift42K
2025-06-11Buse ElizabethSell1.5K$293.53
2025-06-02Locoh-Donou FrancoisSell1.3K$283.99
2025-05-27Dreyer Michael LSell1.8K$285.96
2025-05-22HIGGINSON ALANSell1.3K$286.69
2025-05-02FOUNTAIN THOMAS DEANSell1.3K$269.03
2025-05-02WHALEN CHAD MICHAELSell1.5K$269.03
2025-05-01ANAND KUNALOption exercise9.6K
2025-05-01ANAND KUNALTax withheld3.8K$264.74
2025-05-01Werner Edward CooperOption exercise782
2025-05-01Werner Edward CooperTax withheld307$264.74
2025-05-01FOUNTAIN THOMAS DEANOption exercise3.0K
2025-05-01FOUNTAIN THOMAS DEANTax withheld1.5K$264.74
2025-05-01SCHRAMM LYRA AMBEROption exercise4.7K
2025-05-01SCHRAMM LYRA AMBERTax withheld2.4K$264.74
2025-05-01OKEKE ANGELIQUE MOption exercise1.6K
2025-05-01OKEKE ANGELIQUE MTax withheld634$264.74
2025-05-01Locoh-Donou FrancoisOption exercise7.2K
2025-05-01Locoh-Donou FrancoisTax withheld2.8K$264.74
2025-05-01Locoh-Donou FrancoisSell1.3K$264.54
2025-05-01WHALEN CHAD MICHAELOption exercise2.6K
2025-05-01WHALEN CHAD MICHAELTax withheld1.0K$264.74
2025-04-01Locoh-Donou FrancoisSell1.3K$265.37
2025-03-14Budnik MarianneSell663$260.20
2025-03-14Budnik MarianneSell1.2K$261.00
2025-03-12McReynolds MayaOption exercise480
2025-03-12Buse ElizabethOption exercise1.3K
2025-03-12Budnik MarianneOption exercise1.3K
2025-03-12Gonzalez Julie MarieOption exercise480
2025-03-12MONTOYA MICHAEL FOption exercise1.3K
2025-03-12HIGGINSON ALANOption exercise1.3K
2025-03-12MEHTA NIKHIL RAMESHOption exercise1.3K
2025-03-12Klein Peter SOption exercise1.3K
2025-03-12Dreyer Michael LOption exercise1.3K
2025-03-12Combes MichelOption exercise1.3K
2025-03-12Erwin Tami A.Option exercise1.3K
2025-03-03Locoh-Donou FrancoisSell1.3K$295.46
2025-02-26Rogers Scot FrazierSell3.5K$293.18
2025-02-12Locoh-Donou FrancoisSell1.0K$302.07
2025-02-12Locoh-Donou FrancoisSell3.7K$302.99
2025-02-12Locoh-Donou FrancoisSell1.7K$303.74
2025-02-12Locoh-Donou FrancoisSell100$304.52
2025-02-03WHALEN CHAD MICHAELSell255$292.21
2025-02-03WHALEN CHAD MICHAELSell759$288.11
2025-02-03WHALEN CHAD MICHAELSell1.4K$289.33
2025-02-03WHALEN CHAD MICHAELSell303$290.16
2025-02-03WHALEN CHAD MICHAELSell873$291.66
2025-02-03WHALEN CHAD MICHAELSell495$293.40
2025-02-03FOUNTAIN THOMAS DEANSell1.3K$293.40
2025-02-01WHALEN CHAD MICHAELOption exercise5.0K
2025-02-01FOUNTAIN THOMAS DEANOption exercise3.0K
2025-02-01FOUNTAIN THOMAS DEANTax withheld1.5K$297.26
2025-02-01SCHRAMM LYRA AMBERSell253$297.26
2025-02-01Werner Edward CooperOption exercise782
2025-02-01Werner Edward CooperTax withheld330$297.26
2025-02-01ANAND KUNALOption exercise622
2025-02-01ANAND KUNALTax withheld267$297.26
2025-02-01Locoh-Donou FrancoisOption exercise7.2K
2025-02-01WHALEN CHAD MICHAELTax withheld3.0K$297.26
2025-02-01Locoh-Donou FrancoisTax withheld2.8K$297.26
2025-02-01Rogers Scot FrazierOption exercise2.1K
2025-02-01Rogers Scot FrazierTax withheld846$297.26
2025-02-01SCHRAMM LYRA AMBEROption exercise453
2025-01-30Budnik MarianneSell728$304.45

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

DateItems
2026-06-23Exec/director changeReg FDExhibitsfiling ↗
2026-04-28ResultsExhibitsfiling ↗
2026-04-28Exec/director changeOtherExhibitsfiling ↗
2026-03-13Exec/director changeShareholder voteExhibitsfiling ↗
2026-01-27ResultsExhibitsfiling ↗
2025-10-27ResultsExec/director changeExhibitsfiling ↗
2025-10-15CybersecurityExec/director changeReg FDfiling ↗
2025-09-11Reg FDExhibitsfiling ↗

Recent filings

FormFiledPeriodAccession
8-K2026-06-232026-06-170001048695-26-000059 ↗
10-Q2026-05-052026-03-310001048695-26-000051 ↗
8-K2026-04-282026-04-240001048695-26-000044 ↗
8-K2026-04-282026-04-280001048695-26-000042 ↗
8-K2026-03-132026-03-120001048695-26-000036 ↗
10-Q2026-02-052025-12-310001048695-26-000023 ↗
8-K2026-01-272026-01-270001048695-26-000018 ↗
10-K2025-11-252025-09-300001048695-25-000157 ↗
8-K2025-10-272025-10-240001048695-25-000153 ↗
8-K2025-10-152025-10-150001048695-25-000149 ↗
8-K2025-09-112025-09-110001048695-25-000143 ↗
10-Q2025-08-062025-06-300001048695-25-000129 ↗