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Side-by-side financial comparison of F5, Inc. (FFIV) and Pediatrix Medical Group, Inc. (MD). Click either name above to swap in a different company.

F5, Inc. is the larger business by last-quarter revenue ($822.5M vs $493.8M, roughly 1.7× Pediatrix Medical Group, Inc.). F5, Inc. runs the higher net margin — 21.9% vs 6.8%, a 15.1% gap on every dollar of revenue. On growth, F5, Inc. posted the faster year-over-year revenue change (7.3% vs -1.7%). Over the past eight quarters, F5, Inc.'s revenue compounded faster (9.9% CAGR vs -0.1%).

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.

Pediatrix Medical Group, Inc. is a leading U.S. specialized medical service provider focusing on maternal-fetal care, neonatology, pediatric cardiology and other pediatric subspecialties. It partners with U.S. healthcare facilities to deliver evidence-based care to women, newborns and children.

FFIV vs MD — Head-to-Head

Bigger by revenue
FFIV
FFIV
1.7× larger
FFIV
$822.5M
$493.8M
MD
Growing faster (revenue YoY)
FFIV
FFIV
+9.0% gap
FFIV
7.3%
-1.7%
MD
Higher net margin
FFIV
FFIV
15.1% more per $
FFIV
21.9%
6.8%
MD
Faster 2-yr revenue CAGR
FFIV
FFIV
Annualised
FFIV
9.9%
-0.1%
MD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FFIV
FFIV
MD
MD
Revenue
$822.5M
$493.8M
Net Profit
$180.1M
$33.7M
Gross Margin
81.5%
Operating Margin
26.0%
9.9%
Net Margin
21.9%
6.8%
Revenue YoY
7.3%
-1.7%
Net Profit YoY
8.2%
10.5%
EPS (diluted)
$3.10
$0.40

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
FFIV
FFIV
MD
MD
Q4 25
$822.5M
$493.8M
Q3 25
$810.1M
$492.9M
Q2 25
$780.4M
$468.8M
Q1 25
$731.1M
$458.4M
Q4 24
$766.5M
$502.4M
Q3 24
$746.7M
$511.2M
Q2 24
$695.5M
$504.3M
Q1 24
$681.4M
$495.1M
Net Profit
FFIV
FFIV
MD
MD
Q4 25
$180.1M
$33.7M
Q3 25
$190.5M
$71.7M
Q2 25
$189.9M
$39.3M
Q1 25
$145.5M
$20.7M
Q4 24
$166.4M
$30.5M
Q3 24
$165.3M
$19.4M
Q2 24
$144.1M
$-153.0M
Q1 24
$119.0M
$4.0M
Gross Margin
FFIV
FFIV
MD
MD
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 24
79.3%
Operating Margin
FFIV
FFIV
MD
MD
Q4 25
26.0%
9.9%
Q3 25
25.4%
13.8%
Q2 25
25.2%
12.8%
Q1 25
21.7%
7.0%
Q4 24
26.8%
7.8%
Q3 24
25.6%
6.6%
Q2 24
23.4%
-31.3%
Q1 24
20.5%
3.2%
Net Margin
FFIV
FFIV
MD
MD
Q4 25
21.9%
6.8%
Q3 25
23.5%
14.5%
Q2 25
24.3%
8.4%
Q1 25
19.9%
4.5%
Q4 24
21.7%
6.1%
Q3 24
22.1%
3.8%
Q2 24
20.7%
-30.3%
Q1 24
17.5%
0.8%
EPS (diluted)
FFIV
FFIV
MD
MD
Q4 25
$3.10
$0.40
Q3 25
$3.25
$0.84
Q2 25
$3.25
$0.46
Q1 25
$2.48
$0.24
Q4 24
$2.82
$0.37
Q3 24
$2.79
$0.23
Q2 24
$2.44
$-1.84
Q1 24
$2.00
$0.05

Balance Sheet & Financial Strength

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

Metric
FFIV
FFIV
MD
MD
Cash + ST InvestmentsLiquidity on hand
$1.2B
$375.2M
Total DebtLower is stronger
$570.5M
Stockholders' EquityBook value
$3.5B
$865.9M
Total Assets
$6.3B
$2.2B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIV
FFIV
MD
MD
Q4 25
$1.2B
$375.2M
Q3 25
$1.3B
$340.1M
Q2 25
$1.4B
$224.7M
Q1 25
$1.3B
$99.0M
Q4 24
$1.2B
$229.9M
Q3 24
$1.1B
$103.8M
Q2 24
$935.6M
$19.4M
Q1 24
$903.5M
$8.0M
Total Debt
FFIV
FFIV
MD
MD
Q4 25
$570.5M
Q3 25
$577.2M
Q2 25
$583.9M
Q1 25
$590.5M
Q4 24
$597.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FFIV
FFIV
MD
MD
Q4 25
$3.5B
$865.9M
Q3 25
$3.6B
$890.7M
Q2 25
$3.5B
$833.8M
Q1 25
$3.3B
$789.2M
Q4 24
$3.2B
$764.9M
Q3 24
$3.1B
$732.5M
Q2 24
$3.0B
$706.5M
Q1 24
$2.9B
$856.2M
Total Assets
FFIV
FFIV
MD
MD
Q4 25
$6.3B
$2.2B
Q3 25
$6.3B
$2.2B
Q2 25
$6.1B
$2.1B
Q1 25
$5.9B
$2.0B
Q4 24
$5.9B
$2.2B
Q3 24
$5.6B
$2.1B
Q2 24
$5.4B
$2.0B
Q1 24
$5.4B
$2.2B
Debt / Equity
FFIV
FFIV
MD
MD
Q4 25
0.66×
Q3 25
0.65×
Q2 25
0.70×
Q1 25
0.75×
Q4 24
0.78×
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
FFIV
FFIV
MD
MD
Operating Cash FlowLast quarter
$159.2M
$114.1M
Free Cash FlowOCF − Capex
$149.5M
FCF MarginFCF / Revenue
18.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
0.88×
3.39×
TTM Free Cash FlowTrailing 4 quarters
$861.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIV
FFIV
MD
MD
Q4 25
$159.2M
$114.1M
Q3 25
$208.1M
$137.3M
Q2 25
$282.2M
$137.2M
Q1 25
$256.6M
$-117.5M
Q4 24
$202.8M
$133.0M
Q3 24
$246.5M
$91.8M
Q2 24
$159.0M
$107.0M
Q1 24
$221.6M
$-125.2M
Free Cash Flow
FFIV
FFIV
MD
MD
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
Q1 24
$212.2M
FCF Margin
FFIV
FFIV
MD
MD
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%
Q1 24
31.1%
Capex Intensity
FFIV
FFIV
MD
MD
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%
Q1 24
1.4%
Cash Conversion
FFIV
FFIV
MD
MD
Q4 25
0.88×
3.39×
Q3 25
1.09×
1.91×
Q2 25
1.49×
3.49×
Q1 25
1.76×
-5.66×
Q4 24
1.22×
4.36×
Q3 24
1.49×
4.72×
Q2 24
1.10×
Q1 24
1.86×
-31.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FFIV
FFIV

Services$412.2M50%
Products$410.3M50%

MD
MD

Health Care Patient Service$421.6M85%
Hospitals Contracts$70.0M14%
Other$2.2M0%

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