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Side-by-side financial comparison of F5, Inc. (FFIV) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
F5, Inc. is the larger business by last-quarter revenue ($811.7M vs $517.5M, roughly 1.6× WOLVERINE WORLD WIDE INC). F5, Inc. runs the higher net margin — 18.2% vs 6.1%, a 12.1% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs 11.0%). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% 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.
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
FFIV vs WWW — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $811.7M | $517.5M |
| Net Profit | $148.0M | $31.8M |
| Gross Margin | 81.4% | 47.3% |
| Operating Margin | 22.1% | 9.7% |
| Net Margin | 18.2% | 6.1% |
| Revenue YoY | 11.0% | 25.5% |
| Net Profit YoY | 1.5% | 162.8% |
| EPS (diluted) | $2.58 | $0.37 |
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 | $517.5M | ||
| Q4 25 | $822.5M | — | ||
| Q3 25 | $810.1M | $470.3M | ||
| Q2 25 | $780.4M | $474.2M | ||
| Q1 25 | $731.1M | $412.3M | ||
| Q4 24 | $766.5M | $494.7M | ||
| Q3 24 | $746.7M | $440.2M | ||
| Q2 24 | $695.5M | $425.2M |
| Q1 26 | $148.0M | $31.8M | ||
| Q4 25 | $180.1M | — | ||
| Q3 25 | $190.5M | $25.1M | ||
| Q2 25 | $189.9M | $26.8M | ||
| Q1 25 | $145.5M | $12.1M | ||
| Q4 24 | $166.4M | $23.1M | ||
| Q3 24 | $165.3M | $23.2M | ||
| Q2 24 | $144.1M | $13.8M |
| Q1 26 | 81.4% | 47.3% | ||
| Q4 25 | 81.5% | — | ||
| Q3 25 | 82.2% | 47.5% | ||
| Q2 25 | 81.0% | 47.2% | ||
| Q1 25 | 80.7% | 47.2% | ||
| Q4 24 | 81.7% | 43.4% | ||
| Q3 24 | 80.8% | 45.1% | ||
| Q2 24 | 80.4% | 43.1% |
| Q1 26 | 22.1% | 9.7% | ||
| Q4 25 | 26.0% | — | ||
| Q3 25 | 25.4% | 8.4% | ||
| Q2 25 | 25.2% | 8.6% | ||
| Q1 25 | 21.7% | 4.8% | ||
| Q4 24 | 26.8% | 7.4% | ||
| Q3 24 | 25.6% | 7.9% | ||
| Q2 24 | 23.4% | 6.8% |
| Q1 26 | 18.2% | 6.1% | ||
| Q4 25 | 21.9% | — | ||
| Q3 25 | 23.5% | 5.3% | ||
| Q2 25 | 24.3% | 5.7% | ||
| Q1 25 | 19.9% | 2.9% | ||
| Q4 24 | 21.7% | 4.7% | ||
| Q3 24 | 22.1% | 5.3% | ||
| Q2 24 | 20.7% | 3.2% |
| Q1 26 | $2.58 | $0.37 | ||
| Q4 25 | $3.10 | — | ||
| Q3 25 | $3.25 | $0.30 | ||
| Q2 25 | $3.25 | $0.32 | ||
| Q1 25 | $2.48 | $0.15 | ||
| Q4 24 | $2.82 | $0.29 | ||
| Q3 24 | $2.79 | $0.28 | ||
| Q2 24 | $2.44 | $0.17 |
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 | — |
| Total DebtLower is stronger | — | $621.7M |
| Stockholders' EquityBook value | $3.6B | $408.0M |
| Total Assets | $6.5B | $1.7B |
| Debt / EquityLower = less leverage | — | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $935.6M | — |
| Q1 26 | — | $621.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $676.4M | ||
| Q2 25 | — | $708.5M | ||
| Q1 25 | — | $710.8M | ||
| Q4 24 | — | $648.0M | ||
| Q3 24 | — | $702.8M | ||
| Q2 24 | — | $814.7M |
| Q1 26 | $3.6B | $408.0M | ||
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.6B | $376.7M | ||
| Q2 25 | $3.5B | $344.0M | ||
| Q1 25 | $3.3B | $310.6M | ||
| Q4 24 | $3.2B | $312.9M | ||
| Q3 24 | $3.1B | $295.2M | ||
| Q2 24 | $3.0B | $262.1M |
| Q1 26 | $6.5B | $1.7B | ||
| Q4 25 | $6.3B | — | ||
| Q3 25 | $6.3B | $1.7B | ||
| Q2 25 | $6.1B | $1.8B | ||
| Q1 25 | $5.9B | $1.7B | ||
| Q4 24 | $5.9B | $1.7B | ||
| Q3 24 | $5.6B | $1.8B | ||
| Q2 24 | $5.4B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.29× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | — | 2.38× | ||
| Q2 24 | — | 3.11× |
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 | $146.2M |
| Free Cash FlowOCF − Capex | — | $145.6M |
| FCF MarginFCF / Revenue | — | 28.1% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 3.55× | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $525.1M | $146.2M | ||
| Q4 25 | $159.2M | — | ||
| Q3 25 | $208.1M | $33.0M | ||
| Q2 25 | $282.2M | $44.6M | ||
| Q1 25 | $256.6M | $-83.8M | ||
| Q4 24 | $202.8M | $82.4M | ||
| Q3 24 | $246.5M | $108.2M | ||
| Q2 24 | $159.0M | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | $149.5M | — | ||
| Q3 25 | $191.9M | $30.1M | ||
| Q2 25 | $273.7M | $41.2M | ||
| Q1 25 | $246.1M | $-91.4M | ||
| Q4 24 | $194.7M | $74.4M | ||
| Q3 24 | $240.4M | $104.1M | ||
| Q2 24 | $153.1M | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | 18.2% | — | ||
| Q3 25 | 23.7% | 6.4% | ||
| Q2 25 | 35.1% | 8.7% | ||
| Q1 25 | 33.7% | -22.2% | ||
| Q4 24 | 25.4% | 15.0% | ||
| Q3 24 | 32.2% | 23.6% | ||
| Q2 24 | 22.0% | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 2.0% | 0.6% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 1.4% | 1.8% | ||
| Q4 24 | 1.1% | 1.6% | ||
| Q3 24 | 0.8% | 0.9% | ||
| Q2 24 | 0.8% | 0.7% |
| Q1 26 | 3.55× | 4.60× | ||
| Q4 25 | 0.88× | — | ||
| Q3 25 | 1.09× | 1.31× | ||
| Q2 25 | 1.49× | 1.66× | ||
| Q1 25 | 1.76× | -6.93× | ||
| Q4 24 | 1.22× | 3.57× | ||
| Q3 24 | 1.49× | 4.66× | ||
| Q2 24 | 1.10× | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FFIV
Segment breakdown not available.
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
