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

F5, Inc. is the larger business by last-quarter revenue ($811.7M vs $809.5M, roughly 1.0× Construction Partners, Inc.). F5, Inc. runs the higher net margin — 18.2% vs 2.1%, a 16.1% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 11.0%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 8.0%).

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.

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

FFIV vs ROAD — Head-to-Head

Bigger by revenue
FFIV
FFIV
1.0× larger
FFIV
$811.7M
$809.5M
ROAD
Growing faster (revenue YoY)
ROAD
ROAD
+33.1% gap
ROAD
44.1%
11.0%
FFIV
Higher net margin
FFIV
FFIV
16.1% more per $
FFIV
18.2%
2.1%
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
8.0%
FFIV

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FFIV
FFIV
ROAD
ROAD
Revenue
$811.7M
$809.5M
Net Profit
$148.0M
$17.2M
Gross Margin
81.4%
15.0%
Operating Margin
22.1%
6.2%
Net Margin
18.2%
2.1%
Revenue YoY
11.0%
44.1%
Net Profit YoY
1.5%
663.9%
EPS (diluted)
$2.58
$0.31

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
ROAD
ROAD
Q1 26
$811.7M
Q4 25
$822.5M
$809.5M
Q3 25
$810.1M
$899.8M
Q2 25
$780.4M
$779.3M
Q1 25
$731.1M
$571.6M
Q4 24
$766.5M
$561.6M
Q3 24
$746.7M
$538.2M
Q2 24
$695.5M
$517.8M
Net Profit
FFIV
FFIV
ROAD
ROAD
Q1 26
$148.0M
Q4 25
$180.1M
$17.2M
Q3 25
$190.5M
$56.6M
Q2 25
$189.9M
$44.0M
Q1 25
$145.5M
$4.2M
Q4 24
$166.4M
$-3.1M
Q3 24
$165.3M
$29.3M
Q2 24
$144.1M
$30.9M
Gross Margin
FFIV
FFIV
ROAD
ROAD
Q1 26
81.4%
Q4 25
81.5%
15.0%
Q3 25
82.2%
17.7%
Q2 25
81.0%
16.9%
Q1 25
80.7%
12.5%
Q4 24
81.7%
13.6%
Q3 24
80.8%
15.6%
Q2 24
80.4%
16.1%
Operating Margin
FFIV
FFIV
ROAD
ROAD
Q1 26
22.1%
Q4 25
26.0%
6.2%
Q3 25
25.4%
11.2%
Q2 25
25.2%
10.6%
Q1 25
21.7%
4.8%
Q4 24
26.8%
2.5%
Q3 24
25.6%
8.5%
Q2 24
23.4%
8.8%
Net Margin
FFIV
FFIV
ROAD
ROAD
Q1 26
18.2%
Q4 25
21.9%
2.1%
Q3 25
23.5%
6.3%
Q2 25
24.3%
5.7%
Q1 25
19.9%
0.7%
Q4 24
21.7%
-0.5%
Q3 24
22.1%
5.4%
Q2 24
20.7%
6.0%
EPS (diluted)
FFIV
FFIV
ROAD
ROAD
Q1 26
$2.58
Q4 25
$3.10
$0.31
Q3 25
$3.25
$1.03
Q2 25
$3.25
$0.79
Q1 25
$2.48
$0.08
Q4 24
$2.82
$-0.06
Q3 24
$2.79
$0.55
Q2 24
$2.44
$0.59

Balance Sheet & Financial Strength

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

Metric
FFIV
FFIV
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$1.4B
$104.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$969.1M
Total Assets
$6.5B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIV
FFIV
ROAD
ROAD
Q1 26
$1.4B
Q4 25
$1.2B
$104.1M
Q3 25
$1.3B
$156.1M
Q2 25
$1.4B
$114.3M
Q1 25
$1.3B
$101.9M
Q4 24
$1.2B
$132.5M
Q3 24
$1.1B
$74.7M
Q2 24
$935.6M
$56.3M
Total Debt
FFIV
FFIV
ROAD
ROAD
Q1 26
Q4 25
Q3 25
$1.6B
Q2 25
Q1 25
Q4 24
Q3 24
$515.0M
Q2 24
Stockholders' Equity
FFIV
FFIV
ROAD
ROAD
Q1 26
$3.6B
Q4 25
$3.5B
$969.1M
Q3 25
$3.6B
$912.0M
Q2 25
$3.5B
$853.3M
Q1 25
$3.3B
$807.9M
Q4 24
$3.2B
$811.1M
Q3 24
$3.1B
$573.7M
Q2 24
$3.0B
$552.9M
Total Assets
FFIV
FFIV
ROAD
ROAD
Q1 26
$6.5B
Q4 25
$6.3B
$3.4B
Q3 25
$6.3B
$3.2B
Q2 25
$6.1B
$2.9B
Q1 25
$5.9B
$2.8B
Q4 24
$5.9B
$2.6B
Q3 24
$5.6B
$1.5B
Q2 24
$5.4B
$1.4B
Debt / Equity
FFIV
FFIV
ROAD
ROAD
Q1 26
Q4 25
Q3 25
1.78×
Q2 25
Q1 25
Q4 24
Q3 24
0.90×
Q2 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
ROAD
ROAD
Operating Cash FlowLast quarter
$525.1M
$82.6M
Free Cash FlowOCF − Capex
$47.1M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
3.55×
4.80×
TTM Free Cash FlowTrailing 4 quarters
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIV
FFIV
ROAD
ROAD
Q1 26
$525.1M
Q4 25
$159.2M
$82.6M
Q3 25
$208.1M
$112.0M
Q2 25
$282.2M
$83.0M
Q1 25
$256.6M
$55.6M
Q4 24
$202.8M
$40.7M
Q3 24
$246.5M
$95.9M
Q2 24
$159.0M
$34.6M
Free Cash Flow
FFIV
FFIV
ROAD
ROAD
Q1 26
Q4 25
$149.5M
$47.1M
Q3 25
$191.9M
$78.9M
Q2 25
$273.7M
$46.4M
Q1 25
$246.1M
$14.2M
Q4 24
$194.7M
$13.8M
Q3 24
$240.4M
$78.4M
Q2 24
$153.1M
$19.7M
FCF Margin
FFIV
FFIV
ROAD
ROAD
Q1 26
Q4 25
18.2%
5.8%
Q3 25
23.7%
8.8%
Q2 25
35.1%
5.9%
Q1 25
33.7%
2.5%
Q4 24
25.4%
2.5%
Q3 24
32.2%
14.6%
Q2 24
22.0%
3.8%
Capex Intensity
FFIV
FFIV
ROAD
ROAD
Q1 26
Q4 25
1.2%
4.4%
Q3 25
2.0%
3.7%
Q2 25
1.1%
4.7%
Q1 25
1.4%
7.2%
Q4 24
1.1%
4.8%
Q3 24
0.8%
3.3%
Q2 24
0.8%
2.9%
Cash Conversion
FFIV
FFIV
ROAD
ROAD
Q1 26
3.55×
Q4 25
0.88×
4.80×
Q3 25
1.09×
1.98×
Q2 25
1.49×
1.88×
Q1 25
1.76×
13.20×
Q4 24
1.22×
Q3 24
1.49×
3.27×
Q2 24
1.10×
1.12×

Financial Flow Comparison

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

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