F5 (FFIV) r&d spend was $540M in FY2025 (+10% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$540M
+10%
2024
$490M
-9%
2023
$540M
-1%
2022
$543M
+6%
2021
$513M
+16%
2020
$441M
+8%
2019
$408M
+11%
2018
$366M
+4%
2017
$350M
+5%
2016
$334M
+13%
2015
$297M
+12%
2014
$264M
+26%
2013
$210M
+18%
2012
$177M
+28%
2011
$139M
+17%
2010
$118M
+14%
2009
$104M
+0%
2008
$103M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$151M
Q4 2025
$141M
Q3 2025
$136M
Q2 2025
$136M
Q1 2025
$137M
Q4 2024
$131M
Q3 2024
$124M
Q2 2024
$124M
Q1 2024
$122M
Q4 2023
$120M
Q3 2023
$128M
Q2 2023
$129M
Source: FFIV on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.