F5 Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.08B | $2.00B | $1.92B | $1.73B | $1.48B | $1.38B | $1.15B | $879.6M |
| Product | $970.0M | $957.0M | $952.2M | $901.0M | $775.2M | $787.1M | $687.1M | $526.7M |
| Service | $1.11B | $1.04B | $968.0M | $831.2M | $706.1M | $594.3M | $464.2M | $352.9M |
| Cost of Revenue | $353.5M | $337.2M | $332.3M | $310.0M | $253.0M | $236.2M | $208.0M | $172.0M |
| Gross Profit | $1.74B | $1.66B | $1.59B | $1.42B | $1.23B | $1.14B | $943.8M | $710.0M |
| Gross Margin | 83.4% | 82.9% | 82.7% | 82.1% | 82.9% | 82.6% | 82.0% | 80.7% |
| Operating Expenses | ||||||||
| Research & Development | $350.4M | $334.2M | $296.6M | $263.8M | $209.6M | $177.4M | $138.9M | $118.3M |
| SG&A Expense | $156.9M | $138.4M | $135.5M | $106.5M | $102.4M | $91.8M | $83.5M | $68.5M |
| Operating Income | $564.0M | $547.4M | $552.9M | $493.6M | $430.8M | $426.3M | $350.7M | $230.0M |
| Operating Margin | 27.1% | 27.4% | 28.8% | 28.5% | 29.1% | 30.9% | 30.5% | 26.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $575.5M | $549.9M | $561.3M | $497.3M | $438.1M | $432.2M | $360.8M | $237.6M |
| Income Tax Expense | $154.8M | $184.0M | $196.3M | $186.2M | $160.8M | $157.0M | $119.4M | $86.5M |
| Net Income | $420.8M | $365.9M | $365.0M | $311.2M | $277.3M | $275.2M | $241.4M | $151.2M |
| Net Margin | 20.2% | 18.3% | 19.0% | 18.0% | 18.7% | 19.9% | 21.0% | 17.2% |
| EPS (Basic) | $6.56 | $5.43 | $5.07 | $4.13 | $3.53 | $3.48 | $2.99 | $1.90 |
| EPS (Diluted) | $6.50 | $5.38 | $5.03 | $4.09 | $3.50 | $3.45 | $2.96 | $1.86 |
| Shares Outstanding (Basic) | 64.2M | 67.4M | 71.9M | 75.4M | 78.6M | 79.1M | 80.7M | 79.6M |
| Shares Outstanding (Diluted) | 64.8M | 68.0M | 72.5M | 76.1M | 79.1M | 79.8M | 81.5M | 81.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |