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F5 Inc FFIV

F5 Inc scores excellent on business quality (7.5 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$479.83Oct 9, 2026
Business qualityExcellent
Next earningsOct 27, 2026, after the close
Insiders, 90 daysSelling

Why it matters

  1. What F5 Inc does

    F5 secures, delivers, and optimizes enterprise applications for large corporate and government clients, generating revenue primarily through software, hardware, and recurring subscription services. The business is pivoting its infrastructure delivery model toward software-based application security services to capture modern cloud workloads.

  2. What it does best

    F5 dominates application delivery networking with an 81.9% gross margin, outperforming peers like LITE at 41.7% and CIEN at 44.1%. This pricing power stems from deep enterprise software integration that makes swapping out its traffic management controllers operationally risky for major IT departments.

  3. The main risk

    F5 faces valuation vulnerability as its share price at $454 towers over an intrinsic value of $293. If software adoption stalls, the market's high multiple leaves no room for error.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityStrong

Operating margin hits 25.0% alongside an 81.9% gross margin, both expanding nicely. The business scales efficiently, converting higher revenue directly into heavier free cash flow.

MoatStrong

Mission-critical application security locks in enterprise customers, backed by an 88th percentile gross margin rank. Switching costs are massive because core network traffic depends entirely on its architecture.

GrowthSteady

Revenue growth sits at 9.7%, landing in the middle of the pack at the 41st sector percentile. Annual history reveals a steady climb from $2.4B to $3.3B, though momentum remains modest.

Financial healthStrong

Zero total debt and $1.3B in cash create a fortress balance sheet. Free cash flow reached $969M, showing getting stronger rapidly.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $1.6M outside pre-planned sales.

Our sealed record on FFIV

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is FFIV a good business?

F5 Inc scores excellent on the Cluenex quality check (7.5 of 10), measured against its own industry. Profitability is strong, moat strong, growth steady and financial health strong.

Are insiders buying FFIV?

In the last 90 days of SEC Form 4 filings: 1 sold $1.6M outside pre-planned sales.

When does FFIV report earnings?

Oct 27, 2026, after the close.

For members

See FFIV today

  • Today's verdict on FFIV, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “F5 Inc (FFIV)”, https://cluenex.com/stocks/ffiv/, data as of Oct 10, 2026.