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Side-by-side financial comparison of F5, Inc. (FFIV) and TUTOR PERINI CORP (TPC). Click either name above to swap in a different company.

TUTOR PERINI CORP is the larger business by last-quarter revenue ($1.5B vs $822.5M, roughly 1.8× F5, Inc.). F5, Inc. runs the higher net margin — 21.9% vs 1.9%, a 20.0% gap on every dollar of revenue. On growth, TUTOR PERINI CORP posted the faster year-over-year revenue change (41.2% vs 7.3%). F5, Inc. produced more free cash flow last quarter ($149.5M vs $98.7M). Over the past eight quarters, TUTOR PERINI CORP's revenue compounded faster (19.9% CAGR vs 9.9%).

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.

Tutor Perini Corporation is one of the largest general contractors in the United States. It was formed by the merger of Perini Corporation and Tutor-Saliba Corporation in 2008. As of 2024, it reported annual revenue of approximately $4.33 billion. Tutor Perini is headquartered in Sylmar, California, and works on construction projects throughout North America. Specific areas of focus are civil infrastructure such as bridges, highways, tunnels, airports, and mass transit systems, building infra...

FFIV vs TPC — Head-to-Head

Bigger by revenue
TPC
TPC
1.8× larger
TPC
$1.5B
$822.5M
FFIV
Growing faster (revenue YoY)
TPC
TPC
+33.9% gap
TPC
41.2%
7.3%
FFIV
Higher net margin
FFIV
FFIV
20.0% more per $
FFIV
21.9%
1.9%
TPC
More free cash flow
FFIV
FFIV
$50.8M more FCF
FFIV
$149.5M
$98.7M
TPC
Faster 2-yr revenue CAGR
TPC
TPC
Annualised
TPC
19.9%
9.9%
FFIV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FFIV
FFIV
TPC
TPC
Revenue
$822.5M
$1.5B
Net Profit
$180.1M
$28.8M
Gross Margin
81.5%
9.8%
Operating Margin
26.0%
3.3%
Net Margin
21.9%
1.9%
Revenue YoY
7.3%
41.2%
Net Profit YoY
8.2%
136.3%
EPS (diluted)
$3.10
$0.53

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
TPC
TPC
Q4 25
$822.5M
$1.5B
Q3 25
$810.1M
$1.4B
Q2 25
$780.4M
$1.4B
Q1 25
$731.1M
$1.2B
Q4 24
$766.5M
$1.1B
Q3 24
$746.7M
$1.1B
Q2 24
$695.5M
$1.1B
Q1 24
$681.4M
$1.0B
Net Profit
FFIV
FFIV
TPC
TPC
Q4 25
$180.1M
$28.8M
Q3 25
$190.5M
$3.6M
Q2 25
$189.9M
$20.0M
Q1 25
$145.5M
$28.0M
Q4 24
$166.4M
$-79.4M
Q3 24
$165.3M
$-100.9M
Q2 24
$144.1M
$812.0K
Q1 24
$119.0M
$15.8M
Gross Margin
FFIV
FFIV
TPC
TPC
Q4 25
81.5%
9.8%
Q3 25
82.2%
12.0%
Q2 25
81.0%
14.3%
Q1 25
80.7%
10.8%
Q4 24
81.7%
-0.9%
Q3 24
80.8%
-2.4%
Q2 24
80.4%
10.4%
Q1 24
79.3%
11.0%
Operating Margin
FFIV
FFIV
TPC
TPC
Q4 25
26.0%
3.3%
Q3 25
25.4%
2.8%
Q2 25
25.2%
5.6%
Q1 25
21.7%
5.2%
Q4 24
26.8%
-8.1%
Q3 24
25.6%
-9.9%
Q2 24
23.4%
3.6%
Q1 24
20.5%
4.7%
Net Margin
FFIV
FFIV
TPC
TPC
Q4 25
21.9%
1.9%
Q3 25
23.5%
0.3%
Q2 25
24.3%
1.5%
Q1 25
19.9%
2.2%
Q4 24
21.7%
-7.4%
Q3 24
22.1%
-9.3%
Q2 24
20.7%
0.1%
Q1 24
17.5%
1.5%
EPS (diluted)
FFIV
FFIV
TPC
TPC
Q4 25
$3.10
$0.53
Q3 25
$3.25
$0.07
Q2 25
$3.25
$0.38
Q1 25
$2.48
$0.53
Q4 24
$2.82
$-1.53
Q3 24
$2.79
$-1.92
Q2 24
$2.44
$0.02
Q1 24
$2.00
$0.30

Balance Sheet & Financial Strength

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

Metric
FFIV
FFIV
TPC
TPC
Cash + ST InvestmentsLiquidity on hand
$1.2B
$734.6M
Total DebtLower is stronger
$407.4M
Stockholders' EquityBook value
$3.5B
$1.2B
Total Assets
$6.3B
$5.2B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIV
FFIV
TPC
TPC
Q4 25
$1.2B
$734.6M
Q3 25
$1.3B
$695.7M
Q2 25
$1.4B
$526.1M
Q1 25
$1.3B
$276.5M
Q4 24
$1.2B
$455.1M
Q3 24
$1.1B
$287.4M
Q2 24
$935.6M
$267.1M
Q1 24
$903.5M
$358.3M
Total Debt
FFIV
FFIV
TPC
TPC
Q4 25
$407.4M
Q3 25
$413.1M
Q2 25
$419.4M
Q1 25
$405.6M
Q4 24
$534.1M
Q3 24
$681.4M
Q2 24
$676.4M
Q1 24
$801.2M
Stockholders' Equity
FFIV
FFIV
TPC
TPC
Q4 25
$3.5B
$1.2B
Q3 25
$3.6B
$1.2B
Q2 25
$3.5B
$1.2B
Q1 25
$3.3B
$1.2B
Q4 24
$3.2B
$1.1B
Q3 24
$3.1B
$1.2B
Q2 24
$3.0B
$1.3B
Q1 24
$2.9B
$1.3B
Total Assets
FFIV
FFIV
TPC
TPC
Q4 25
$6.3B
$5.2B
Q3 25
$6.3B
$5.2B
Q2 25
$6.1B
$4.9B
Q1 25
$5.9B
$4.5B
Q4 24
$5.9B
$4.2B
Q3 24
$5.6B
$4.4B
Q2 24
$5.4B
$4.3B
Q1 24
$5.4B
$4.4B
Debt / Equity
FFIV
FFIV
TPC
TPC
Q4 25
0.33×
Q3 25
0.35×
Q2 25
0.35×
Q1 25
0.35×
Q4 24
0.47×
Q3 24
0.56×
Q2 24
0.52×
Q1 24
0.61×

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
TPC
TPC
Operating Cash FlowLast quarter
$159.2M
$173.7M
Free Cash FlowOCF − Capex
$149.5M
$98.7M
FCF MarginFCF / Revenue
18.2%
6.5%
Capex IntensityCapex / Revenue
1.2%
5.0%
Cash ConversionOCF / Net Profit
0.88×
6.02×
TTM Free Cash FlowTrailing 4 quarters
$861.2M
$567.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIV
FFIV
TPC
TPC
Q4 25
$159.2M
$173.7M
Q3 25
$208.1M
$289.1M
Q2 25
$282.2M
$262.4M
Q1 25
$256.6M
$22.9M
Q4 24
$202.8M
$329.6M
Q3 24
$246.5M
$22.6M
Q2 24
$159.0M
$53.1M
Q1 24
$221.6M
$98.3M
Free Cash Flow
FFIV
FFIV
TPC
TPC
Q4 25
$149.5M
$98.7M
Q3 25
$191.9M
$240.2M
Q2 25
$273.7M
$235.6M
Q1 25
$246.1M
$-7.2M
Q4 24
$194.7M
$320.4M
Q3 24
$240.4M
$15.6M
Q2 24
$153.1M
$42.2M
Q1 24
$212.2M
$87.8M
FCF Margin
FFIV
FFIV
TPC
TPC
Q4 25
18.2%
6.5%
Q3 25
23.7%
17.0%
Q2 25
35.1%
17.1%
Q1 25
33.7%
-0.6%
Q4 24
25.4%
30.0%
Q3 24
32.2%
1.4%
Q2 24
22.0%
3.7%
Q1 24
31.1%
8.4%
Capex Intensity
FFIV
FFIV
TPC
TPC
Q4 25
1.2%
5.0%
Q3 25
2.0%
3.5%
Q2 25
1.1%
2.0%
Q1 25
1.4%
2.4%
Q4 24
1.1%
0.9%
Q3 24
0.8%
0.6%
Q2 24
0.8%
1.0%
Q1 24
1.4%
1.0%
Cash Conversion
FFIV
FFIV
TPC
TPC
Q4 25
0.88×
6.02×
Q3 25
1.09×
79.63×
Q2 25
1.49×
13.14×
Q1 25
1.76×
0.82×
Q4 24
1.22×
Q3 24
1.49×
Q2 24
1.10×
65.44×
Q1 24
1.86×
6.24×

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%

TPC
TPC

State And Local Agencies$591.1M39%
Mass Transit$449.9M30%
Federal Agencies$115.0M8%
Bridges$100.5M7%
Military Facilities$93.1M6%
Commercial And Industrial Facilities$46.7M3%
Detention Facilities$43.8M3%
Power And Energy$35.8M2%
Multi Unit Residential$25.9M2%
Education Facilities$12.0M1%
Water$3.6M0%

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