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Side-by-side financial comparison of F5, Inc. (FFIV) and SM Energy Co (SM). Click either name above to swap in a different company.
F5, Inc. is the larger business by last-quarter revenue ($811.7M vs $704.9M, roughly 1.2× SM Energy Co). On growth, F5, Inc. posted the faster year-over-year revenue change (11.0% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% 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.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
FFIV vs SM — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $811.7M | $704.9M |
| Net Profit | $148.0M | — |
| Gross Margin | 81.4% | — |
| Operating Margin | 22.1% | 25.9% |
| Net Margin | 18.2% | — |
| Revenue YoY | 11.0% | -17.3% |
| Net Profit YoY | 1.5% | — |
| EPS (diluted) | $2.58 | $0.94 |
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 | — | ||
| Q4 25 | $822.5M | $704.9M | ||
| Q3 25 | $810.1M | $811.6M | ||
| Q2 25 | $780.4M | $792.9M | ||
| Q1 25 | $731.1M | $844.5M | ||
| Q4 24 | $766.5M | $852.0M | ||
| Q3 24 | $746.7M | $643.6M | ||
| Q2 24 | $695.5M | $634.6M |
| Q1 26 | $148.0M | — | ||
| Q4 25 | $180.1M | — | ||
| Q3 25 | $190.5M | $155.1M | ||
| Q2 25 | $189.9M | $201.7M | ||
| Q1 25 | $145.5M | $182.3M | ||
| Q4 24 | $166.4M | — | ||
| Q3 24 | $165.3M | $240.5M | ||
| Q2 24 | $144.1M | $210.3M |
| 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% | 25.9% | ||
| Q3 25 | 25.4% | 30.4% | ||
| Q2 25 | 25.2% | 37.2% | ||
| Q1 25 | 21.7% | 32.7% | ||
| Q4 24 | 26.8% | 33.7% | ||
| Q3 24 | 25.6% | 51.4% | ||
| Q2 24 | 23.4% | 44.0% |
| Q1 26 | 18.2% | — | ||
| Q4 25 | 21.9% | — | ||
| Q3 25 | 23.5% | 19.1% | ||
| Q2 25 | 24.3% | 25.4% | ||
| Q1 25 | 19.9% | 21.6% | ||
| Q4 24 | 21.7% | — | ||
| Q3 24 | 22.1% | 37.4% | ||
| Q2 24 | 20.7% | 33.1% |
| Q1 26 | $2.58 | — | ||
| Q4 25 | $3.10 | $0.94 | ||
| Q3 25 | $3.25 | $1.35 | ||
| Q2 25 | $3.25 | $1.76 | ||
| Q1 25 | $2.48 | $1.59 | ||
| Q4 24 | $2.82 | $1.63 | ||
| Q3 24 | $2.79 | $2.09 | ||
| Q2 24 | $2.44 | $1.82 |
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 | $368.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.6B | $4.8B |
| Total Assets | $6.5B | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.2B | $368.0M | ||
| Q3 25 | $1.3B | $162.3M | ||
| Q2 25 | $1.4B | $101.9M | ||
| Q1 25 | $1.3B | $54.0K | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $935.6M | $487.9M |
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.5B | $4.8B | ||
| Q3 25 | $3.6B | $4.7B | ||
| Q2 25 | $3.5B | $4.6B | ||
| Q1 25 | $3.3B | $4.4B | ||
| Q4 24 | $3.2B | $4.2B | ||
| Q3 24 | $3.1B | $4.1B | ||
| Q2 24 | $3.0B | $3.8B |
| Q1 26 | $6.5B | — | ||
| Q4 25 | $6.3B | $9.3B | ||
| Q3 25 | $6.3B | $9.1B | ||
| Q2 25 | $6.1B | $9.0B | ||
| Q1 25 | $5.9B | $8.8B | ||
| Q4 24 | $5.9B | $8.6B | ||
| Q3 24 | $5.6B | $8.0B | ||
| Q2 24 | $5.4B | $6.7B |
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 | $451.9M |
| 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 | $451.9M | ||
| Q3 25 | $208.1M | $505.0M | ||
| Q2 25 | $282.2M | $571.1M | ||
| Q1 25 | $256.6M | $483.0M | ||
| Q4 24 | $202.8M | $578.4M | ||
| Q3 24 | $246.5M | $452.3M | ||
| Q2 24 | $159.0M | $476.4M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | 3.55× | — | ||
| Q4 25 | 0.88× | — | ||
| Q3 25 | 1.09× | 3.26× | ||
| Q2 25 | 1.49× | 2.83× | ||
| Q1 25 | 1.76× | 2.65× | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 1.49× | 1.88× | ||
| Q2 24 | 1.10× | 2.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
