F5 Networks Inc (FFIV)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Gross profit	US$ in thousands	2,258,470	2,219,860	2,156,220	2,110,270	1,942,940
Revenue	US$ in thousands	2,822,220	2,827,870	2,717,440	2,616,420	2,361,020
Gross profit margin		80.02%	78.50%	79.35%	80.65%	82.29%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,258,470K ÷ $2,822,220K
= 80.02%

The gross profit margin of F5 Networks Inc has shown fluctuations over the past five years. In the most recent fiscal year, ending September 30, 2024, the company achieved a gross profit margin of 80.02%, which indicates that out of every dollar of revenue generated, the company retained 80.02 cents after accounting for the cost of goods sold.

Compared to the previous year, there was a slight improvement in the gross profit margin from 78.50% in September 2023 to 80.02% in September 2024. However, it is noteworthy that the gross profit margin of F5 Networks Inc was higher in the earlier years, with figures of 79.35% in 2022, 80.65% in 2021, and 82.29% in 2020.

The decline in gross profit margin from 2020 to 2024 may indicate various factors such as changes in pricing strategies, cost of production, or competition in the market. Investors and stakeholders should further analyze the company's operational efficiency and competitive positioning to understand the reasons behind these fluctuations in the gross profit margin.