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Side-by-side financial comparison of Ardent Health, Inc. (ARDT) and F5, Inc. (FFIV). Click either name above to swap in a different company.

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $811.7M, roughly 2.0× F5, Inc.). F5, Inc. runs the higher net margin — 18.2% vs 2.8%, a 15.4% gap on every dollar of revenue.

Goodlife Health Clubs is a chain of health clubs, with more than 80 locations in Australia.

F5, Inc. is an American technology company specializing in application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability and performance, and network security, access, and authorization.

ARDT vs FFIV — Head-to-Head

Bigger by revenue
ARDT
ARDT
2.0× larger
ARDT
$1.6B
$811.7M
FFIV
Higher net margin
FFIV
FFIV
15.4% more per $
FFIV
18.2%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ARDT
ARDT
FFIV
FFIV
Revenue
$1.6B
$811.7M
Net Profit
$45.0M
$148.0M
Gross Margin
81.4%
Operating Margin
5.8%
22.1%
Net Margin
2.8%
18.2%
Revenue YoY
11.0%
Net Profit YoY
1.5%
EPS (diluted)
$0.32
$2.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARDT
ARDT
FFIV
FFIV
Q1 26
$811.7M
Q4 25
$1.6B
$822.5M
Q3 25
$1.6B
$810.1M
Q2 25
$1.6B
$780.4M
Q1 25
$1.5B
$731.1M
Q4 24
$766.5M
Q3 24
$1.4B
$746.7M
Q2 24
$1.5B
$695.5M
Net Profit
ARDT
ARDT
FFIV
FFIV
Q1 26
$148.0M
Q4 25
$45.0M
$180.1M
Q3 25
$-23.5M
$190.5M
Q2 25
$73.0M
$189.9M
Q1 25
$41.4M
$145.5M
Q4 24
$166.4M
Q3 24
$26.3M
$165.3M
Q2 24
$42.8M
$144.1M
Gross Margin
ARDT
ARDT
FFIV
FFIV
Q1 26
81.4%
Q4 25
81.5%
Q3 25
82.2%
Q2 25
81.0%
Q1 25
80.7%
Q4 24
81.7%
Q3 24
80.8%
Q2 24
80.4%
Operating Margin
ARDT
ARDT
FFIV
FFIV
Q1 26
22.1%
Q4 25
5.8%
26.0%
Q3 25
-0.1%
25.4%
Q2 25
7.4%
25.2%
Q1 25
5.0%
21.7%
Q4 24
26.8%
Q3 24
3.9%
25.6%
Q2 24
5.6%
23.4%
Net Margin
ARDT
ARDT
FFIV
FFIV
Q1 26
18.2%
Q4 25
2.8%
21.9%
Q3 25
-1.5%
23.5%
Q2 25
4.4%
24.3%
Q1 25
2.8%
19.9%
Q4 24
21.7%
Q3 24
1.8%
22.1%
Q2 24
2.9%
20.7%
EPS (diluted)
ARDT
ARDT
FFIV
FFIV
Q1 26
$2.58
Q4 25
$0.32
$3.10
Q3 25
$-0.17
$3.25
Q2 25
$0.52
$3.25
Q1 25
$0.29
$2.48
Q4 24
$2.82
Q3 24
$0.19
$2.79
Q2 24
$0.34
$2.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARDT
ARDT
FFIV
FFIV
Cash + ST InvestmentsLiquidity on hand
$709.6M
$1.4B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$3.6B
Total Assets
$5.3B
$6.5B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
FFIV
FFIV
Q1 26
$1.4B
Q4 25
$709.6M
$1.2B
Q3 25
$609.4M
$1.3B
Q2 25
$540.6M
$1.4B
Q1 25
$495.0M
$1.3B
Q4 24
$1.2B
Q3 24
$563.1M
$1.1B
Q2 24
$334.5M
$935.6M
Total Debt
ARDT
ARDT
FFIV
FFIV
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
ARDT
ARDT
FFIV
FFIV
Q1 26
$3.6B
Q4 25
$1.3B
$3.5B
Q3 25
$1.2B
$3.6B
Q2 25
$1.3B
$3.5B
Q1 25
$1.2B
$3.3B
Q4 24
$3.2B
Q3 24
$1.0B
$3.1B
Q2 24
$739.9M
$3.0B
Total Assets
ARDT
ARDT
FFIV
FFIV
Q1 26
$6.5B
Q4 25
$5.3B
$6.3B
Q3 25
$5.2B
$6.3B
Q2 25
$5.0B
$6.1B
Q1 25
$4.9B
$5.9B
Q4 24
$5.9B
Q3 24
$4.8B
$5.6B
Q2 24
$4.6B
$5.4B
Debt / Equity
ARDT
ARDT
FFIV
FFIV
Q1 26
Q4 25
0.84×
Q3 25
0.88×
Q2 25
0.87×
Q1 25
0.93×
Q4 24
Q3 24
1.08×
Q2 24
1.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARDT
ARDT
FFIV
FFIV
Operating Cash FlowLast quarter
$223.4M
$525.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.97×
3.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
FFIV
FFIV
Q1 26
$525.1M
Q4 25
$223.4M
$159.2M
Q3 25
$154.4M
$208.1M
Q2 25
$117.5M
$282.2M
Q1 25
$-24.8M
$256.6M
Q4 24
$202.8M
Q3 24
$89.7M
$246.5M
Q2 24
$159.0M
Free Cash Flow
ARDT
ARDT
FFIV
FFIV
Q1 26
Q4 25
$149.5M
Q3 25
$191.9M
Q2 25
$273.7M
Q1 25
$246.1M
Q4 24
$194.7M
Q3 24
$240.4M
Q2 24
$153.1M
FCF Margin
ARDT
ARDT
FFIV
FFIV
Q1 26
Q4 25
18.2%
Q3 25
23.7%
Q2 25
35.1%
Q1 25
33.7%
Q4 24
25.4%
Q3 24
32.2%
Q2 24
22.0%
Capex Intensity
ARDT
ARDT
FFIV
FFIV
Q1 26
Q4 25
1.2%
Q3 25
2.0%
Q2 25
1.1%
Q1 25
1.4%
Q4 24
1.1%
Q3 24
0.8%
Q2 24
0.8%
Cash Conversion
ARDT
ARDT
FFIV
FFIV
Q1 26
3.55×
Q4 25
4.97×
0.88×
Q3 25
1.09×
Q2 25
1.61×
1.49×
Q1 25
-0.60×
1.76×
Q4 24
1.22×
Q3 24
3.41×
1.49×
Q2 24
1.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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