F5 · revenue by segment
F5 revenue by segment
How does F5 make money?
Services: 51.1% of FY2025 revenue
Numbers, method and sources
Share = revenue type revenue ÷ total revenue of the same fiscal year (derived by Hollsteen). Only years in which the reported parts add up exactly to total revenue are shown; latest 6 of 9 such years. Sources: 10-K; each value names its filing.
FY2025 · revenue $3.1B · 10-K · filed Nov 25, 2025
- Services$1.6B 51.1%
- Products$1.5B 48.9%
FY2024 · revenue $2.8B · 10-K · filed Nov 18, 2024
- Services$1.5B 54.8%
- Products$1.3B 45.2%
FY2023 · revenue $2.8B · 10-K · filed Nov 14, 2023
- Services$1.5B 52.6%
- Products$1.3B 47.4%
FY2022 · revenue $2.7B · 10-K · filed Nov 15, 2022
- Services$1.4B 51.1%
- Products$1.3B 48.9%
FY2021 · revenue $2.6B · 10-K · filed Nov 16, 2021
- Services$1.4B 52.1%
- Products$1.2B 47.9%
FY2020 · revenue $2.4B · 10-K · filed Nov 19, 2020
- Services$1.3B 56.4%
- Products$1.0B 43.6%
SEC filings only (10-K, 20-F, 8-K Ex.99 earnings releases, S-1). Derived = calculated by Hollsteen from reported SEC values; no market data.
Where does each revenue dollar go?
22¢ of every revenue dollar became net income
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Numbers, method and sources
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How has F5’s revenue mix changed?
Services: 54% → 51% of revenue (FY2017–FY2025)
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Numbers, method and sources
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F5 revenue by revenue type, by fiscal year
Revenue type revenue and share of total revenue (derived); each value links to its filing. “8-K sum” = fiscal-year value derived as the sum of four quarterly earnings releases (8-K Ex.99), not taken from the 10-K. Latest 5 fiscal years, newest first.