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Side-by-side financial comparison of F5, Inc. (FFIV) and MYR GROUP INC. (MYRG). Click either name above to swap in a different company.

MYR GROUP INC. is the larger business by last-quarter revenue ($973.5M vs $822.5M, roughly 1.2× F5, Inc.). F5, Inc. runs the higher net margin — 21.9% vs 3.8%, a 18.1% gap on every dollar of revenue. On growth, MYR GROUP INC. posted the faster year-over-year revenue change (17.3% vs 7.3%). F5, Inc. produced more free cash flow last quarter ($149.5M vs $84.9M). Over the past eight quarters, F5, Inc.'s revenue compounded faster (9.9% CAGR vs 9.3%).

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.

MYR Group Inc. is an American corporation that offers electrical construction services for transmission and distribution lines, substations, commercial and industrial buildings, and renewable energy. It is the parent company to 12 subsidiary electrical construction companies.

FFIV vs MYRG — Head-to-Head

Bigger by revenue
MYRG
MYRG
1.2× larger
MYRG
$973.5M
$822.5M
FFIV
Growing faster (revenue YoY)
MYRG
MYRG
+10.0% gap
MYRG
17.3%
7.3%
FFIV
Higher net margin
FFIV
FFIV
18.1% more per $
FFIV
21.9%
3.8%
MYRG
More free cash flow
FFIV
FFIV
$64.6M more FCF
FFIV
$149.5M
$84.9M
MYRG
Faster 2-yr revenue CAGR
FFIV
FFIV
Annualised
FFIV
9.9%
9.3%
MYRG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FFIV
FFIV
MYRG
MYRG
Revenue
$822.5M
$973.5M
Net Profit
$180.1M
$36.5M
Gross Margin
81.5%
11.4%
Operating Margin
26.0%
4.8%
Net Margin
21.9%
3.8%
Revenue YoY
7.3%
17.3%
Net Profit YoY
8.2%
129.1%
EPS (diluted)
$3.10
$2.33

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
MYRG
MYRG
Q4 25
$822.5M
$973.5M
Q3 25
$810.1M
$950.4M
Q2 25
$780.4M
$900.3M
Q1 25
$731.1M
$833.6M
Q4 24
$766.5M
$829.8M
Q3 24
$746.7M
$888.0M
Q2 24
$695.5M
$828.9M
Q1 24
$681.4M
$815.6M
Net Profit
FFIV
FFIV
MYRG
MYRG
Q4 25
$180.1M
$36.5M
Q3 25
$190.5M
$32.1M
Q2 25
$189.9M
$26.5M
Q1 25
$145.5M
$23.3M
Q4 24
$166.4M
$16.0M
Q3 24
$165.3M
$10.6M
Q2 24
$144.1M
$-15.3M
Q1 24
$119.0M
$18.9M
Gross Margin
FFIV
FFIV
MYRG
MYRG
Q4 25
81.5%
11.4%
Q3 25
82.2%
11.8%
Q2 25
81.0%
11.5%
Q1 25
80.7%
11.6%
Q4 24
81.7%
10.4%
Q3 24
80.8%
8.7%
Q2 24
80.4%
4.9%
Q1 24
79.3%
10.6%
Operating Margin
FFIV
FFIV
MYRG
MYRG
Q4 25
26.0%
4.8%
Q3 25
25.4%
4.9%
Q2 25
25.2%
4.4%
Q1 25
21.7%
4.1%
Q4 24
26.8%
3.6%
Q3 24
25.6%
2.3%
Q2 24
23.4%
-2.5%
Q1 24
20.5%
3.0%
Net Margin
FFIV
FFIV
MYRG
MYRG
Q4 25
21.9%
3.8%
Q3 25
23.5%
3.4%
Q2 25
24.3%
2.9%
Q1 25
19.9%
2.8%
Q4 24
21.7%
1.9%
Q3 24
22.1%
1.2%
Q2 24
20.7%
-1.8%
Q1 24
17.5%
2.3%
EPS (diluted)
FFIV
FFIV
MYRG
MYRG
Q4 25
$3.10
$2.33
Q3 25
$3.25
$2.05
Q2 25
$3.25
$1.70
Q1 25
$2.48
$1.45
Q4 24
$2.82
$0.97
Q3 24
$2.79
$0.65
Q2 24
$2.44
$-0.91
Q1 24
$2.00
$1.12

Balance Sheet & Financial Strength

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

Metric
FFIV
FFIV
MYRG
MYRG
Cash + ST InvestmentsLiquidity on hand
$1.2B
$150.2M
Total DebtLower is stronger
$59.0M
Stockholders' EquityBook value
$3.5B
$660.4M
Total Assets
$6.3B
$1.6B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIV
FFIV
MYRG
MYRG
Q4 25
$1.2B
$150.2M
Q3 25
$1.3B
$76.2M
Q2 25
$1.4B
$23.0M
Q1 25
$1.3B
$10.9M
Q4 24
$1.2B
$3.5M
Q3 24
$1.1B
$7.6M
Q2 24
$935.6M
$1.9M
Q1 24
$903.5M
$3.9M
Total Debt
FFIV
FFIV
MYRG
MYRG
Q4 25
$59.0M
Q3 25
$72.0M
Q2 25
$86.1M
Q1 25
$87.2M
Q4 24
$74.4M
Q3 24
$93.2M
Q2 24
$45.1M
Q1 24
$37.9M
Stockholders' Equity
FFIV
FFIV
MYRG
MYRG
Q4 25
$3.5B
$660.4M
Q3 25
$3.6B
$617.6M
Q2 25
$3.5B
$583.2M
Q1 25
$3.3B
$548.7M
Q4 24
$3.2B
$600.4M
Q3 24
$3.1B
$588.5M
Q2 24
$3.0B
$633.3M
Q1 24
$2.9B
$663.7M
Total Assets
FFIV
FFIV
MYRG
MYRG
Q4 25
$6.3B
$1.6B
Q3 25
$6.3B
$1.6B
Q2 25
$6.1B
$1.6B
Q1 25
$5.9B
$1.5B
Q4 24
$5.9B
$1.6B
Q3 24
$5.6B
$1.6B
Q2 24
$5.4B
$1.6B
Q1 24
$5.4B
$1.6B
Debt / Equity
FFIV
FFIV
MYRG
MYRG
Q4 25
0.09×
Q3 25
0.12×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.12×
Q3 24
0.16×
Q2 24
0.07×
Q1 24
0.06×

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
MYRG
MYRG
Operating Cash FlowLast quarter
$159.2M
$114.8M
Free Cash FlowOCF − Capex
$149.5M
$84.9M
FCF MarginFCF / Revenue
18.2%
8.7%
Capex IntensityCapex / Revenue
1.2%
3.1%
Cash ConversionOCF / Net Profit
0.88×
3.14×
TTM Free Cash FlowTrailing 4 quarters
$861.2M
$232.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIV
FFIV
MYRG
MYRG
Q4 25
$159.2M
$114.8M
Q3 25
$208.1M
$95.6M
Q2 25
$282.2M
$32.9M
Q1 25
$256.6M
$83.3M
Q4 24
$202.8M
$21.1M
Q3 24
$246.5M
$35.6M
Q2 24
$159.0M
$22.7M
Q1 24
$221.6M
$7.7M
Free Cash Flow
FFIV
FFIV
MYRG
MYRG
Q4 25
$149.5M
$84.9M
Q3 25
$191.9M
$65.4M
Q2 25
$273.7M
$11.6M
Q1 25
$246.1M
$70.2M
Q4 24
$194.7M
$8.8M
Q3 24
$240.4M
$18.0M
Q2 24
$153.1M
$2.5M
Q1 24
$212.2M
$-18.1M
FCF Margin
FFIV
FFIV
MYRG
MYRG
Q4 25
18.2%
8.7%
Q3 25
23.7%
6.9%
Q2 25
35.1%
1.3%
Q1 25
33.7%
8.4%
Q4 24
25.4%
1.1%
Q3 24
32.2%
2.0%
Q2 24
22.0%
0.3%
Q1 24
31.1%
-2.2%
Capex Intensity
FFIV
FFIV
MYRG
MYRG
Q4 25
1.2%
3.1%
Q3 25
2.0%
3.2%
Q2 25
1.1%
2.4%
Q1 25
1.4%
1.6%
Q4 24
1.1%
1.5%
Q3 24
0.8%
2.0%
Q2 24
0.8%
2.4%
Q1 24
1.4%
3.2%
Cash Conversion
FFIV
FFIV
MYRG
MYRG
Q4 25
0.88×
3.14×
Q3 25
1.09×
2.98×
Q2 25
1.49×
1.24×
Q1 25
1.76×
3.57×
Q4 24
1.22×
1.32×
Q3 24
1.49×
3.35×
Q2 24
1.10×
Q1 24
1.86×
0.41×

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%

MYRG
MYRG

Market Type Electrical Construction$442.6M45%
Market Type Transmission$330.3M34%
Market Type Distribution$200.6M21%

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