F5 annual r&d spending
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2025
F5 R&D Spending Growth & History (FFIV)
F5's r&d spending was $539.8M for fiscal 2025.
View full F5 company overviewF5 annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $539.8M | $49.7M | +10.14% |
| 2024 | 2024-09-30 | $490.1M | −$50.2M | −9.28% |
| 2023 | 2023-09-30 | $540.3M | −$3.1M | −0.57% |
| 2022 | 2022-09-30 | $543.4M | $30.7M | +6.00% |
| 2021 | 2021-09-30 | $512.6M | $71.3M | +16.16% |
| 2020 | 2020-09-30 | $441.3M | $33.3M | +8.15% |
| 2019 | 2019-09-30 | $408.1M | $42.0M | +11.47% |
| 2018 | 2018-09-30 | $366.1M | $15.7M | +4.49% |
| 2017 | 2017-09-30 | $350.4M | $16.1M | +4.83% |
| 2016 | 2016-09-30 | $334.2M | $37.6M | +12.69% |
| 2015 | 2015-09-30 | $296.6M | $32.8M | +12.43% |
| 2014 | 2014-09-30 | $263.8M | $54.2M | +25.85% |
| 2013 | 2013-09-30 | $209.6M | $32.2M | +18.15% |
| 2012 | 2012-09-30 | $177.4M | $38.5M | +27.71% |
| 2011 | 2011-09-30 | $138.9M | $20.6M | +17.41% |
| 2010 | 2010-09-30 | $118.3M | $14.7M | +14.13% |
| 2009 | 2009-09-30 | $103.7M | $270,000 | +0.26% |
| 2008 | 2008-09-30 | $103.4M | — | — |
F5 quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $164.7M | $28.3M | +20.77% |
| Q2 2026 | 2026-03-31 | $151.0M | $14.5M | +10.60% |
| Q1 2026 | 2025-12-31 | $141.2M | $10.6M | +8.15% |
| Q4 2025 | 2025-09-30 | $136.4M | $12.4M | +10.04% |
| Q3 2025 | 2025-06-30 | $136.3M | $12.0M | +9.61% |
| Q2 2025 | 2025-03-31 | $136.6M | $14.4M | +11.75% |
| Q1 2025 | 2024-12-31 | $130.5M | $10.9M | +9.15% |
| Q4 2024 | 2024-09-30 | $124.0M | −$3.9M | −3.04% |
| Q3 2024 | 2024-06-30 | $124.4M | −$4.4M | −3.40% |
| Q2 2024 | 2024-03-31 | $122.2M | −$19.2M | −13.55% |
| Q1 2024 | 2023-12-31 | $119.6M | −$22.7M | −15.98% |
| Q4 2023 | 2023-09-30 | $127.8M | −$10.7M | −7.72% |
| Q3 2023 | 2023-06-30 | $128.8M | −$10.0M | −7.19% |
| Q2 2023 | 2023-03-31 | $141.4M | $5.5M | +4.07% |
| Q1 2023 | 2022-12-31 | $142.3M | $12.1M | +9.25% |
| Q4 2022 | 2022-09-30 | $138.5M | $13.8M | +11.08% |
| Q3 2022 | 2022-06-30 | $138.7M | $5.5M | +4.09% |
| Q2 2022 | 2022-03-31 | $135.8M | −$4.6M | −3.29% |
| Q1 2022 | 2021-12-31 | $130.3M | $16.1M | +14.08% |
| Q4 2021 | 2021-09-30 | $124.7M | $4.4M | +3.66% |
| Q3 2021 | 2021-06-30 | $133.3M | $17.3M | +14.91% |
| Q2 2021 | 2021-03-31 | $140.5M | $31.4M | +28.82% |
| Q1 2021 | 2020-12-31 | $114.2M | $18.2M | +18.94% |
| Q4 2020 | 2020-09-30 | $120.3M | $17.5M | +17.01% |
| Q3 2020 | 2020-06-30 | $116.0M | −$903,000 | −0.77% |
| Q2 2020 | 2020-03-31 | $109.0M | $12.7M | +13.20% |
| Q1 2020 | 2019-12-31 | $96.0M | $4.0M | +4.31% |
| Q4 2019 | 2019-09-30 | $102.8M | $7.7M | +8.13% |
| Q3 2019 | 2019-06-30 | $116.9M | $22.8M | +24.27% |
| Q2 2019 | 2019-03-31 | $96.3M | $5.3M | +5.77% |
| Q1 2019 | 2018-12-31 | $92.0M | $6.1M | +7.16% |
| Q4 2018 | 2018-09-30 | $95.1M | $9.6M | +11.23% |
| Q3 2018 | 2018-06-30 | $94.1M | $5.5M | +6.16% |
| Q2 2018 | 2018-03-31 | $91.1M | $1.8M | +2.04% |
| Q1 2018 | 2017-12-31 | $85.9M | −$1.2M | −1.33% |
| Q4 2017 | 2017-09-30 | $85.5M | $1.7M | +2.07% |
| Q3 2017 | 2017-06-30 | $88.6M | $5.6M | +6.70% |
| Q2 2017 | 2017-03-31 | $89.2M | $2.9M | +3.41% |
| Q1 2017 | 2016-12-31 | $87.0M | $5.9M | +7.28% |
| Q4 2016 | 2016-09-30 | $83.7M | $6.1M | +7.83% |
| Q3 2016 | 2016-06-30 | $83.0M | $8.7M | +11.71% |
| Q2 2016 | 2016-03-31 | $86.3M | $11.8M | +15.80% |
| Q1 2016 | 2015-12-31 | $81.1M | $11.1M | +15.82% |
| Q4 2015 | 2015-09-30 | $77.7M | $12.3M | +18.75% |
| Q3 2015 | 2015-06-30 | $74.3M | $7.3M | +10.91% |
| Q2 2015 | 2015-03-31 | $74.5M | $7.3M | +10.84% |
| Q1 2015 | 2014-12-31 | $70.1M | $5.9M | +9.24% |
| Q4 2014 | 2014-09-30 | $65.4M | $10.9M | +20.08% |
| Q3 2014 | 2014-06-30 | $67.0M | $13.0M | +23.95% |
| Q2 2014 | 2014-03-31 | $67.2M | $14.7M | +27.98% |
| Q1 2014 | 2013-12-31 | $64.1M | $15.6M | +32.12% |
| Q4 2013 | 2013-09-30 | $54.5M | $6.7M | +14.11% |
| Q3 2013 | 2013-06-30 | $54.1M | $7.1M | +15.09% |
| Q2 2013 | 2013-03-31 | $52.5M | $9.0M | +20.58% |
| Q1 2013 | 2012-12-31 | $48.5M | $9.4M | +24.08% |
| Q4 2012 | 2012-09-30 | $47.7M | $11.2M | +30.58% |
| Q3 2012 | 2012-06-30 | $47.0M | $11.7M | +33.31% |
| Q2 2012 | 2012-03-31 | $43.6M | $9.1M | +26.26% |
| Q1 2012 | 2011-12-31 | $39.1M | $6.5M | +19.98% |
| Q4 2011 | 2011-09-30 | $36.6M | $5.0M | +15.78% |
| Q3 2011 | 2011-06-30 | $35.2M | $4.4M | +14.10% |
| Q2 2011 | 2011-03-31 | $34.5M | $5.4M | +18.44% |
| Q1 2011 | 2010-12-31 | $32.6M | $5.9M | +22.03% |
| Q4 2010 | 2010-09-30 | $31.6M | — | — |
| Q3 2010 | 2010-06-30 | $30.9M | $5.8M | +23.21% |
| Q2 2010 | 2010-03-31 | $29.1M | — | — |
| Q1 2010 | 2009-12-31 | $26.7M | — | — |
| Q3 2009 | 2009-06-30 | $25.1M | — | — |
F5 r&d spending trends
Over the last five fiscal years, F5's r&d spending increased from $441.3M to $539.8M, a change of $98.5M. The latest reported quarter, Q3 2026, shows $164.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review F5 source filings ↗