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Side-by-side financial comparison of F5, Inc. (FFIV) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.
F5, Inc. is the larger business by last-quarter revenue ($811.7M vs $553.7M, roughly 1.5× Mid-America Apartment Communities). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 11.0%). Over the past eight quarters, F5, Inc.'s revenue compounded faster (8.0% CAGR vs 0.7%).
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.
Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
FFIV vs MAA — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $811.7M | $553.7M |
| Net Profit | $148.0M | — |
| Gross Margin | 81.4% | — |
| Operating Margin | 22.1% | — |
| Net Margin | 18.2% | — |
| Revenue YoY | 11.0% | 438.7% |
| Net Profit YoY | 1.5% | — |
| EPS (diluted) | $2.58 | $4.34 |
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.
| Q1 26 | $811.7M | $553.7M | ||
| Q4 25 | $822.5M | $555.6M | ||
| Q3 25 | $810.1M | $554.4M | ||
| Q2 25 | $780.4M | $549.9M | ||
| Q1 25 | $731.1M | $549.3M | ||
| Q4 24 | $766.5M | $549.8M | ||
| Q3 24 | $746.7M | $551.1M | ||
| Q2 24 | $695.5M | $546.4M |
| Q1 26 | $148.0M | — | ||
| Q4 25 | $180.1M | $57.6M | ||
| Q3 25 | $190.5M | $99.5M | ||
| Q2 25 | $189.9M | $108.1M | ||
| Q1 25 | $145.5M | $181.7M | ||
| Q4 24 | $166.4M | $166.6M | ||
| Q3 24 | $165.3M | $115.2M | ||
| Q2 24 | $144.1M | $102.0M |
| 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% | — |
| Q1 26 | 22.1% | — | ||
| Q4 25 | 26.0% | 10.4% | ||
| Q3 25 | 25.4% | 18.7% | ||
| Q2 25 | 25.2% | 20.2% | ||
| Q1 25 | 21.7% | 34.0% | ||
| Q4 24 | 26.8% | 31.3% | ||
| Q3 24 | 25.6% | 21.5% | ||
| Q2 24 | 23.4% | 19.3% |
| Q1 26 | 18.2% | — | ||
| Q4 25 | 21.9% | 10.4% | ||
| Q3 25 | 23.5% | 18.0% | ||
| Q2 25 | 24.3% | 19.7% | ||
| Q1 25 | 19.9% | 33.1% | ||
| Q4 24 | 21.7% | 30.3% | ||
| Q3 24 | 22.1% | 20.9% | ||
| Q2 24 | 20.7% | 18.7% |
| Q1 26 | $2.58 | $4.34 | ||
| Q4 25 | $3.10 | $0.48 | ||
| Q3 25 | $3.25 | $0.84 | ||
| Q2 25 | $3.25 | $0.92 | ||
| Q1 25 | $2.48 | $1.54 | ||
| Q4 24 | $2.82 | $1.43 | ||
| Q3 24 | $2.79 | $0.98 | ||
| Q2 24 | $2.44 | $0.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.6B | — |
| Total Assets | $6.5B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.2B | $60.3M | ||
| Q3 25 | $1.3B | $32.2M | ||
| Q2 25 | $1.4B | $54.5M | ||
| Q1 25 | $1.3B | $55.8M | ||
| Q4 24 | $1.2B | $43.0M | ||
| Q3 24 | $1.1B | $50.2M | ||
| Q2 24 | $935.6M | $62.8M |
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.5B | $5.7B | ||
| Q3 25 | $3.6B | $5.8B | ||
| Q2 25 | $3.5B | $5.9B | ||
| Q1 25 | $3.3B | $5.9B | ||
| Q4 24 | $3.2B | $5.9B | ||
| Q3 24 | $3.1B | $5.9B | ||
| Q2 24 | $3.0B | $6.0B |
| Q1 26 | $6.5B | — | ||
| Q4 25 | $6.3B | $12.0B | ||
| Q3 25 | $6.3B | $11.9B | ||
| Q2 25 | $6.1B | $11.8B | ||
| Q1 25 | $5.9B | $11.8B | ||
| Q4 24 | $5.9B | $11.8B | ||
| Q3 24 | $5.6B | $11.8B | ||
| Q2 24 | $5.4B | $11.6B |
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 | $525.1M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.55× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $525.1M | — | ||
| Q4 25 | $159.2M | $261.7M | ||
| Q3 25 | $208.1M | $266.4M | ||
| Q2 25 | $282.2M | $353.4M | ||
| Q1 25 | $256.6M | $196.6M | ||
| Q4 24 | $202.8M | $239.1M | ||
| Q3 24 | $246.5M | $309.5M | ||
| Q2 24 | $159.0M | $349.4M |
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $158.6M | ||
| Q3 25 | $191.9M | $170.8M | ||
| Q2 25 | $273.7M | $264.5M | ||
| Q1 25 | $246.1M | $124.0M | ||
| Q4 24 | $194.7M | $152.6M | ||
| Q3 24 | $240.4M | $215.5M | ||
| Q2 24 | $153.1M | $259.7M |
| Q1 26 | — | — | ||
| Q4 25 | 18.2% | 28.5% | ||
| Q3 25 | 23.7% | 30.8% | ||
| Q2 25 | 35.1% | 48.1% | ||
| Q1 25 | 33.7% | 22.6% | ||
| Q4 24 | 25.4% | 27.8% | ||
| Q3 24 | 32.2% | 39.1% | ||
| Q2 24 | 22.0% | 47.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 18.6% | ||
| Q3 25 | 2.0% | 17.2% | ||
| Q2 25 | 1.1% | 16.2% | ||
| Q1 25 | 1.4% | 13.2% | ||
| Q4 24 | 1.1% | 15.7% | ||
| Q3 24 | 0.8% | 17.1% | ||
| Q2 24 | 0.8% | 16.4% |
| Q1 26 | 3.55× | — | ||
| Q4 25 | 0.88× | 4.55× | ||
| Q3 25 | 1.09× | 2.68× | ||
| Q2 25 | 1.49× | 3.27× | ||
| Q1 25 | 1.76× | 1.08× | ||
| Q4 24 | 1.22× | 1.43× | ||
| Q3 24 | 1.49× | 2.69× | ||
| Q2 24 | 1.10× | 3.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FFIV
Segment breakdown not available.
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
