FFIV
F5, Inc. Information Technology Computer Communications Equipment S&P 500Russell 3000
$338.34Close
$19.5BMarket cap
$223.99 – $479.8352-week range
Jan 26, 2027Next report · estimated
Highlights
Cautions
- Not in an uptrend 4 of 8 trend conditions
- Far from its high 29% below its 52-week high
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
29%
1wk
down 25.7%
price change
1mo
down 24.0%
price change
12-month return
up 32%
market up 11% ·
its own up 20%
F-score
9 / 9
Exceptional
Altman Z
6.14
Low risk
P/E
28.2×
price / earnings
PEG
1.20
P/E / EPS growth
P/B
5.4×
price / book
Earnings yield
up 4.2%
EBIT / enterprise value
Cheaper than
51%
of the market · around average
Revenue growth
up 10%
year on year
EPS growth
up 11%
latest quarter · +7 pts
Sales growth
up 11%
latest quarter · -0 pts
ROE
up 21%
return on equity
Free cash margin
up 29%
$906.4M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-1.6×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
- no new shares issued
- gross margin widened
- assets working harder
Repair signals
- Gross margin 80.2% → 81.4%
Trade setup
ATR%
6.3%
$21.22 a day · 2×ATR $295.90
RS
53 / 99
vs the universe
Trend
4 / 8
trend template
Relative volume
3.9×
vs 50-day average
Up/down volume
0.68
50 sessions
Implied move
—
no scheduled report
Trend template · 4 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 27, 2026
Last shock
Oct 28, 2026-20% in one session5.9× volumeon results-7% since
Options
$4.6M46.0% IV · activity
Financials
- Gross 81%
- Net 22%
- Free cash 29%
- Cash
- Long-term debt
| FY2020Sep 30, 2020 | FY2021Sep 30, 2021 | FY2022Sep 30, 2022 | FY2023Sep 30, 2023 | FY2024Sep 30, 2024 | FY2025Sep 30, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.4B | $2.6B | $2.7B | $2.8B | $2.8B | $3.1B |
| Gross margin | 83% | 81% | 80% | 79% | 80% | 81% |
| Operating income | $392.3M | $394.0M | $403.8M | $472.6M | $658.6M | $765.9M |
| Net income | $307.4M | $331.2M | $322.2M | $394.9M | $566.8M | $692.4M |
| Net margin | 13% | 13% | 12% | 14% | 20% | 22% |
| Earnings per share | $5.01 | $5.34 | $5.27 | $6.55 | $9.55 | $11.80 |
| Free cash flow | $601.0M | $614.5M | $409.0M | $599.2M | $762.0M | $906.4M |
| Free cash margin | 26% | 24% | 15% | 21% | 27% | 29% |
| Cash | $849.6M | $581.0M | $758.0M | $797.2M | $1.1B | $1.3B |
| Long-term debt | $369.0M | $349.8M | $0 | — | — | — |
| Shareholders' equity | $2.2B | $2.4B | $2.5B | $2.8B | $3.1B | $3.6B |
| Shares outstanding | 61.10m | 60.65m | 59.86m | 59.21m | 58.09m | 57.68m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $308 – $369 ±9.0% by Nov 20, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Smaller 46.0% priced · 88.9% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $4.6M calls $726,727 · puts $3.9M · latest session
- 5.30× +4.73 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +4.38k · puts +1.51k past week
For options traders: ATM IV 46.0% (-4.8% 1w) · 1m ÷ 3m IV 1.09 · 25Δ skew 3.6 pts · Net GEX $161,779
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 5, 2026 | Quarterly ↗ | Mar 31, 2026 | 35d |
| Feb 5, 2026 | Quarterly ↗ | Dec 31, 2025 | 36d |
| Nov 25, 2025 | Annual ↗ | Sep 30, 2025 | 56d |
| Aug 6, 2025 | Quarterly ↗ | Jun 30, 2025 | 37d |
| May 6, 2025 | Quarterly ↗ | Mar 31, 2025 | 36d |
| Feb 7, 2025 | Quarterly ↗ | Dec 31, 2024 | 38d |
| Nov 18, 2024 | Annual ↗ | Sep 30, 2024 | 49d |
| Aug 6, 2024 | Quarterly ↗ | Jun 30, 2024 | 37d |
| May 6, 2024 | Quarterly ↗ | Mar 31, 2024 | 36d |
| Feb 5, 2024 | Quarterly ↗ | Dec 31, 2023 | 36d |
| Nov 14, 2023 | Annual ↗ | Sep 30, 2023 | 45d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 27, 2026 | Results · Other events ↗ |
| Jul 27, 2026 | Results ↗ |
| Jun 23, 2026 | Director or officer change · Regulation FD ↗ |
| Apr 28, 2026 | Director or officer change · Other events ↗ |
| Apr 28, 2026 | Results ↗ |
| Mar 13, 2026 | Director or officer change · Shareholder vote ↗ |
| Jan 27, 2026 | Results ↗ |
| Oct 27, 2025 | Results · Director or officer change ↗ |
| Oct 15, 2025 | Cybersecurity incident · Director or officer change · Regulation FD ↗ |
| Sep 11, 2025 | Regulation FD ↗ |
| Jul 30, 2025 | Results · Director or officer change ↗ |
| Apr 28, 2025 | Results · Director or officer change ↗ |