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

F5, Inc. is the larger business by last-quarter revenue ($811.7M vs $736.0M, roughly 1.1× Opendoor Technologies Inc.). F5, Inc. runs the higher net margin — 18.2% vs -148.9%, a 167.1% gap on every dollar of revenue. On growth, F5, Inc. posted the faster year-over-year revenue change (11.0% vs -32.1%). Over the past eight quarters, F5, Inc.'s revenue compounded faster (8.0% CAGR vs -21.1%).

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.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

FFIV vs OPEN — Head-to-Head

Bigger by revenue
FFIV
FFIV
1.1× larger
FFIV
$811.7M
$736.0M
OPEN
Growing faster (revenue YoY)
FFIV
FFIV
+43.1% gap
FFIV
11.0%
-32.1%
OPEN
Higher net margin
FFIV
FFIV
167.1% more per $
FFIV
18.2%
-148.9%
OPEN
Faster 2-yr revenue CAGR
FFIV
FFIV
Annualised
FFIV
8.0%
-21.1%
OPEN

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FFIV
FFIV
OPEN
OPEN
Revenue
$811.7M
$736.0M
Net Profit
$148.0M
$-1.1B
Gross Margin
81.4%
7.7%
Operating Margin
22.1%
-20.4%
Net Margin
18.2%
-148.9%
Revenue YoY
11.0%
-32.1%
Net Profit YoY
1.5%
-869.9%
EPS (diluted)
$2.58
$-1.42

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
OPEN
OPEN
Q1 26
$811.7M
Q4 25
$822.5M
$736.0M
Q3 25
$810.1M
$915.0M
Q2 25
$780.4M
$1.6B
Q1 25
$731.1M
$1.2B
Q4 24
$766.5M
$1.1B
Q3 24
$746.7M
$1.4B
Q2 24
$695.5M
$1.5B
Net Profit
FFIV
FFIV
OPEN
OPEN
Q1 26
$148.0M
Q4 25
$180.1M
$-1.1B
Q3 25
$190.5M
$-90.0M
Q2 25
$189.9M
$-29.0M
Q1 25
$145.5M
$-85.0M
Q4 24
$166.4M
$-113.0M
Q3 24
$165.3M
$-78.0M
Q2 24
$144.1M
$-92.0M
Gross Margin
FFIV
FFIV
OPEN
OPEN
Q1 26
81.4%
Q4 25
81.5%
7.7%
Q3 25
82.2%
7.2%
Q2 25
81.0%
8.2%
Q1 25
80.7%
8.6%
Q4 24
81.7%
7.8%
Q3 24
80.8%
7.6%
Q2 24
80.4%
8.5%
Operating Margin
FFIV
FFIV
OPEN
OPEN
Q1 26
22.1%
Q4 25
26.0%
-20.4%
Q3 25
25.4%
-7.4%
Q2 25
25.2%
-0.8%
Q1 25
21.7%
-4.9%
Q4 24
26.8%
-8.7%
Q3 24
25.6%
-4.9%
Q2 24
23.4%
-4.8%
Net Margin
FFIV
FFIV
OPEN
OPEN
Q1 26
18.2%
Q4 25
21.9%
-148.9%
Q3 25
23.5%
-9.8%
Q2 25
24.3%
-1.9%
Q1 25
19.9%
-7.4%
Q4 24
21.7%
-10.4%
Q3 24
22.1%
-5.7%
Q2 24
20.7%
-6.1%
EPS (diluted)
FFIV
FFIV
OPEN
OPEN
Q1 26
$2.58
Q4 25
$3.10
$-1.42
Q3 25
$3.25
$-0.12
Q2 25
$3.25
$-0.04
Q1 25
$2.48
$-0.12
Q4 24
$2.82
$-0.16
Q3 24
$2.79
$-0.11
Q2 24
$2.44
$-0.13

Balance Sheet & Financial Strength

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

Metric
FFIV
FFIV
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$1.4B
$962.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$1.0B
Total Assets
$6.5B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIV
FFIV
OPEN
OPEN
Q1 26
$1.4B
Q4 25
$1.2B
$962.0M
Q3 25
$1.3B
$962.0M
Q2 25
$1.4B
$789.0M
Q1 25
$1.3B
$559.0M
Q4 24
$1.2B
$679.0M
Q3 24
$1.1B
$837.0M
Q2 24
$935.6M
$809.0M
Stockholders' Equity
FFIV
FFIV
OPEN
OPEN
Q1 26
$3.6B
Q4 25
$3.5B
$1.0B
Q3 25
$3.6B
$811.0M
Q2 25
$3.5B
$631.0M
Q1 25
$3.3B
$645.0M
Q4 24
$3.2B
$713.0M
Q3 24
$3.1B
$801.0M
Q2 24
$3.0B
$845.0M
Total Assets
FFIV
FFIV
OPEN
OPEN
Q1 26
$6.5B
Q4 25
$6.3B
$2.4B
Q3 25
$6.3B
$2.7B
Q2 25
$6.1B
$2.9B
Q1 25
$5.9B
$3.3B
Q4 24
$5.9B
$3.1B
Q3 24
$5.6B
$3.4B
Q2 24
$5.4B
$3.4B

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
OPEN
OPEN
Operating Cash FlowLast quarter
$525.1M
$70.0M
Free Cash FlowOCF − Capex
$67.0M
FCF MarginFCF / Revenue
9.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIV
FFIV
OPEN
OPEN
Q1 26
$525.1M
Q4 25
$159.2M
$70.0M
Q3 25
$208.1M
$435.0M
Q2 25
$282.2M
$823.0M
Q1 25
$256.6M
$-279.0M
Q4 24
$202.8M
$-80.0M
Q3 24
$246.5M
$62.0M
Q2 24
$159.0M
$-399.0M
Free Cash Flow
FFIV
FFIV
OPEN
OPEN
Q1 26
Q4 25
$149.5M
$67.0M
Q3 25
$191.9M
$432.0M
Q2 25
$273.7M
$821.0M
Q1 25
$246.1M
$-283.0M
Q4 24
$194.7M
$-83.0M
Q3 24
$240.4M
$56.0M
Q2 24
$153.1M
$-407.0M
FCF Margin
FFIV
FFIV
OPEN
OPEN
Q1 26
Q4 25
18.2%
9.1%
Q3 25
23.7%
47.2%
Q2 25
35.1%
52.4%
Q1 25
33.7%
-24.5%
Q4 24
25.4%
-7.7%
Q3 24
32.2%
4.1%
Q2 24
22.0%
-26.9%
Capex Intensity
FFIV
FFIV
OPEN
OPEN
Q1 26
Q4 25
1.2%
0.4%
Q3 25
2.0%
0.3%
Q2 25
1.1%
0.1%
Q1 25
1.4%
0.3%
Q4 24
1.1%
0.3%
Q3 24
0.8%
0.4%
Q2 24
0.8%
0.5%
Cash Conversion
FFIV
FFIV
OPEN
OPEN
Q1 26
3.55×
Q4 25
0.88×
Q3 25
1.09×
Q2 25
1.49×
Q1 25
1.76×
Q4 24
1.22×
Q3 24
1.49×
Q2 24
1.10×

Financial Flow Comparison

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

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