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Side-by-side financial comparison of BRUNSWICK CORP (BC) and F5, Inc. (FFIV). Click either name above to swap in a different company.
BRUNSWICK CORP is the larger business by last-quarter revenue ($1.3B vs $822.5M, roughly 1.6× F5, Inc.). F5, Inc. runs the higher net margin — 21.9% vs 1.4%, a 20.5% gap on every dollar of revenue. On growth, BRUNSWICK CORP posted the faster year-over-year revenue change (15.5% vs 7.3%). F5, Inc. produced more free cash flow last quarter ($149.5M vs $83.6M). Over the past eight quarters, F5, Inc.'s revenue compounded faster (9.9% CAGR vs -1.1%).
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.
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.
BC vs FFIV — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $822.5M |
| Net Profit | $18.7M | $180.1M |
| Gross Margin | 23.1% | 81.5% |
| Operating Margin | 3.1% | 26.0% |
| Net Margin | 1.4% | 21.9% |
| Revenue YoY | 15.5% | 7.3% |
| Net Profit YoY | 122.7% | 8.2% |
| EPS (diluted) | $0.32 | $3.10 |
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.
| Q4 25 | $1.3B | $822.5M | ||
| Q3 25 | $1.4B | $810.1M | ||
| Q2 25 | $1.4B | $780.4M | ||
| Q1 25 | $1.2B | $731.1M | ||
| Q4 24 | $1.2B | $766.5M | ||
| Q3 24 | $1.3B | $746.7M | ||
| Q2 24 | $1.4B | $695.5M | ||
| Q1 24 | $1.4B | $681.4M |
| Q4 25 | $18.7M | $180.1M | ||
| Q3 25 | $-235.5M | $190.5M | ||
| Q2 25 | $59.3M | $189.9M | ||
| Q1 25 | $20.2M | $145.5M | ||
| Q4 24 | $-82.5M | $166.4M | ||
| Q3 24 | $44.6M | $165.3M | ||
| Q2 24 | $100.0M | $144.1M | ||
| Q1 24 | $68.0M | $119.0M |
| Q4 25 | 23.1% | 81.5% | ||
| Q3 25 | 25.8% | 82.2% | ||
| Q2 25 | 25.5% | 81.0% | ||
| Q1 25 | 24.9% | 80.7% | ||
| Q4 24 | 21.9% | 81.7% | ||
| Q3 24 | 26.2% | 80.8% | ||
| Q2 24 | 27.1% | 80.4% | ||
| Q1 24 | 27.4% | 79.3% |
| Q4 25 | 3.1% | 26.0% | ||
| Q3 25 | -17.8% | 25.4% | ||
| Q2 25 | 7.1% | 25.2% | ||
| Q1 25 | 4.6% | 21.7% | ||
| Q4 24 | -4.8% | 26.8% | ||
| Q3 24 | 7.7% | 25.6% | ||
| Q2 24 | 11.0% | 23.4% | ||
| Q1 24 | 8.1% | 20.5% |
| Q4 25 | 1.4% | 21.9% | ||
| Q3 25 | -17.3% | 23.5% | ||
| Q2 25 | 4.1% | 24.3% | ||
| Q1 25 | 1.7% | 19.9% | ||
| Q4 24 | -7.1% | 21.7% | ||
| Q3 24 | 3.5% | 22.1% | ||
| Q2 24 | 6.9% | 20.7% | ||
| Q1 24 | 5.0% | 17.5% |
| Q4 25 | $0.32 | $3.10 | ||
| Q3 25 | $-3.59 | $3.25 | ||
| Q2 25 | $0.89 | $3.25 | ||
| Q1 25 | $0.30 | $2.48 | ||
| Q4 24 | $-1.21 | $2.82 | ||
| Q3 24 | $0.67 | $2.79 | ||
| Q2 24 | $1.48 | $2.44 | ||
| Q1 24 | $0.99 | $2.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $256.8M | $1.2B |
| Total DebtLower is stronger | $2.1B | — |
| Stockholders' EquityBook value | $1.6B | $3.5B |
| Total Assets | $5.3B | $6.3B |
| Debt / EquityLower = less leverage | 1.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $256.8M | $1.2B | ||
| Q3 25 | $297.7M | $1.3B | ||
| Q2 25 | $315.7M | $1.4B | ||
| Q1 25 | $286.7M | $1.3B | ||
| Q4 24 | $269.0M | $1.2B | ||
| Q3 24 | $284.1M | $1.1B | ||
| Q2 24 | $494.5M | $935.6M | ||
| Q1 24 | $548.4M | $903.5M |
| Q4 25 | $2.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.6B | $3.5B | ||
| Q3 25 | $1.6B | $3.6B | ||
| Q2 25 | $1.9B | $3.5B | ||
| Q1 25 | $1.9B | $3.3B | ||
| Q4 24 | $1.9B | $3.2B | ||
| Q3 24 | $2.0B | $3.1B | ||
| Q2 24 | $2.0B | $3.0B | ||
| Q1 24 | $2.0B | $2.9B |
| Q4 25 | $5.3B | $6.3B | ||
| Q3 25 | $5.4B | $6.3B | ||
| Q2 25 | $5.8B | $6.1B | ||
| Q1 25 | $5.9B | $5.9B | ||
| Q4 24 | $5.7B | $5.9B | ||
| Q3 24 | $6.0B | $5.6B | ||
| Q2 24 | $6.4B | $5.4B | ||
| Q1 24 | $6.5B | $5.4B |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $132.9M | $159.2M |
| Free Cash FlowOCF − Capex | $83.6M | $149.5M |
| FCF MarginFCF / Revenue | 6.3% | 18.2% |
| Capex IntensityCapex / Revenue | 3.7% | 1.2% |
| Cash ConversionOCF / Net Profit | 7.11× | 0.88× |
| TTM Free Cash FlowTrailing 4 quarters | $396.3M | $861.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $132.9M | $159.2M | ||
| Q3 25 | $140.4M | $208.1M | ||
| Q2 25 | $316.2M | $282.2M | ||
| Q1 25 | $-27.4M | $256.6M | ||
| Q4 24 | $306.4M | $202.8M | ||
| Q3 24 | $67.4M | $246.5M | ||
| Q2 24 | $211.0M | $159.0M | ||
| Q1 24 | $-153.4M | $221.6M |
| Q4 25 | $83.6M | $149.5M | ||
| Q3 25 | $106.5M | $191.9M | ||
| Q2 25 | $271.3M | $273.7M | ||
| Q1 25 | $-65.1M | $246.1M | ||
| Q4 24 | $276.1M | $194.7M | ||
| Q3 24 | $31.4M | $240.4M | ||
| Q2 24 | $163.9M | $153.1M | ||
| Q1 24 | $-207.4M | $212.2M |
| Q4 25 | 6.3% | 18.2% | ||
| Q3 25 | 7.8% | 23.7% | ||
| Q2 25 | 18.7% | 35.1% | ||
| Q1 25 | -5.3% | 33.7% | ||
| Q4 24 | 23.9% | 25.4% | ||
| Q3 24 | 2.5% | 32.2% | ||
| Q2 24 | 11.4% | 22.0% | ||
| Q1 24 | -15.2% | 31.1% |
| Q4 25 | 3.7% | 1.2% | ||
| Q3 25 | 2.5% | 2.0% | ||
| Q2 25 | 3.1% | 1.1% | ||
| Q1 25 | 3.1% | 1.4% | ||
| Q4 24 | 2.6% | 1.1% | ||
| Q3 24 | 2.8% | 0.8% | ||
| Q2 24 | 3.3% | 0.8% | ||
| Q1 24 | 4.0% | 1.4% |
| Q4 25 | 7.11× | 0.88× | ||
| Q3 25 | — | 1.09× | ||
| Q2 25 | 5.33× | 1.49× | ||
| Q1 25 | -1.36× | 1.76× | ||
| Q4 24 | — | 1.22× | ||
| Q3 24 | 1.51× | 1.49× | ||
| Q2 24 | 2.11× | 1.10× | ||
| Q1 24 | -2.26× | 1.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
FFIV
| Services | $412.2M | 50% |
| Products | $410.3M | 50% |
