FIVN

MKT CAP:$1B

Five9, Inc.

Market Cap

$1B

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$16.59-$2.22 (-11.80%)

Apr 22, 2026

Company Details

Five9, Inc., together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers virtual contact center cloud platform that delivers a suite of applications, which enables...

CEO

Amit Mathradas

IPO Date

Apr 4, 2014

Website

www.five9.com

Key Metrics TTM

Revenue

$1.1B

+10.3% YoY

Net Income

$39M

EPS (Diluted)

$0.46

Free Cash Flow

$183M

Revenue / Share

$13.20

Gross Margin

54.7%

Operating Margin

2.8%

Net Margin

3.4%

FCF Margin

15.9%

P/S

1.1x

P/E

31.7x

Earnings Reports

Q1 2026

May 7, 2026

PENDING

FY 2025

Feb 19, 2026

$1.1B+10.3%EPS $0.46

Q4 2025

Feb 19, 2026

$300M+7.8%EPS $0.23

Q3 2025

Nov 6, 2025

$286M+8.2%EPS $0.21

Q2 2025

Jul 31, 2025

$283M+12.4%EPS $0.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$183M	$94M	-$31M
Q2 22	$189M	$101M	-$22M
Q3 22	$198M	$104M	-$22M
Q4 22	$208M	$112M	-$13M
Q1 23	$218M	$114M	-$29M
Q2 23	$223M	$119M	-$25M
Q3 23	$230M	$119M	-$26M
Q4 23	$239M	$127M	-$19M
Q1 24	$247M	$132M	-$21M
Q2 24	$252M	$134M	-$19M
Q3 24	$264M	$142M	-$15M
Q4 24	$279M	$156M	$4M
Q1 25	$280M	$154M	-$5M
Q2 25	$283M	$155M	-$2M
Q3 25	$286M	$155M	$18M
Q4 25	$300M	$164M	$22M

Valuation

Quarter	P/S	P/E
Q1 22	11.3x	—
Q2 22	10.0x	—
Q3 22	7.3x	—
Q4 22	6.4x	—
Q1 23	6.2x	—
Q2 23	7.0x	—
Q3 23	5.3x	—
Q4 23	6.1x	—
Q1 24	4.8x	—
Q2 24	3.3x	—
Q3 24	2.1x	—
Q4 24	2.9x	—
Q1 25	1.9x	—
Q2 25	1.8x	227.8x
Q3 25	1.7x	61.8x
Q4 25	1.3x	39.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$29M	$16M
Q2 22	-$3M	-$25M
Q3 22	$31M	$18M
Q4 22	$33M	$25M
Q1 23	$33M	$22M
Q2 23	$22M	$13M
Q3 23	$37M	$31M
Q4 23	$37M	$25M
Q1 24	$32M	$17M
Q2 24	$20M	$8M
Q3 24	$41M	$21M
Q4 24	$50M	$33M
Q1 25	$48M	$35M
Q2 25	$35M	$22M
Q3 25	$59M	$49M
Q4 25	$84M	$77M

Capital Expenditures

Quarter	CapEx
Q1 22	$13M
Q2 22	$22M
Q3 22	$13M
Q4 22	$8M
Q1 23	$12M
Q2 23	$8M
Q3 23	$6M
Q4 23	$11M
Q1 24	$15M
Q2 24	$12M
Q3 24	$20M
Q4 24	$17M
Q1 25	$13M
Q2 25	$13M
Q3 25	$11M
Q4 25	$6M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+32.6%	+43.4%
Q2 22	+31.7%	+33.7%
Q3 22	+28.5%	+27.0%
Q4 22	+20.0%	+19.4%
Q1 23	+19.5%	+15.8%
Q2 23	+17.7%	+17.5%
Q3 23	+16.0%	+16.3%
Q4 23	+14.7%	+16.3%
Q1 24	+13.1%	+8.2%
Q2 24	+13.1%	+9.4%
Q3 24	+14.8%	+9.3%
Q4 24	+16.6%	+6.5%
Q1 25	+13.2%	+6.5%
Q2 25	+12.4%	+4.9%
Q3 25	+8.2%	-4.1%
Q4 25	+7.8%	+1.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$39M	21.6%
Q2 22	$0	0.0%
Q3 22	$45M	22.4%
Q4 22	$44M	21.0%
Q1 23	$51M	23.2%
Q2 23	$53M	23.9%
Q3 23	$53M	22.9%
Q4 23	$0	0.0%
Q1 24	$45M	18.1%
Q2 24	$44M	17.3%
Q3 24	$40M	15.0%
Q4 24	$38M	13.8%
Q1 25	$39M	14.0%
Q2 25	$42M	14.8%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 22	$36M	$24M	$65M	—
Q2 22	$35M	$24M	$64M	—
Q3 22	$34M	$24M	$67M	—
Q4 22	$37M	$23M	$66M	—
Q1 23	$38M	$28M	$76M	—
Q2 23	$39M	$30M	$74M	—
Q3 23	$40M	$31M	$73M	—
Q4 23	$39M	$33M	$73M	—
Q1 24	$42M	$31M	$81M	—
Q2 24	$41M	$34M	$78M	—
Q3 24	$42M	$37M	$79M	—
Q4 24	$41M	$36M	$74M	—
Q1 25	$41M	$35M	$83M	—
Q2 25	$40M	$36M	$81M	—
Q3 25	$34M	—	—	$103M
Q4 25	$37M	$34M	$77M	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 22	32.6%	-4.4%	28.1
Q2 22	31.7%	-3.9%	27.9
Q3 22	28.5%	-3.5%	25.0
Q4 22	20.0%	1.6%	21.6
Q1 23	19.5%	-4.9%	14.7
Q2 23	17.7%	3.9%	21.6
Q3 23	16.0%	5.5%	21.6
Q4 23	14.7%	2.5%	17.3
Q1 24	13.1%	4.9%	17.9
Q2 24	13.1%	4.1%	17.2
Q3 24	14.8%	5.0%	19.8
Q4 24	16.6%	7.0%	23.5
Q1 25	13.2%	-1.9%	11.3
Q2 25	12.4%	9.2%	21.5
Q3 25	8.2%	22.6%	30.8
Q4 25	7.8%	23.5%	31.2

Rule of 40

Revenue Segments

Quarter	Reportable Segment
Q1 25	$280M
Q2 25	$283M
Q3 25	$286M
Q4 25	$300M

Revenue by Geography

Quarter	Non-US	United States
Q1 22	$16M	$167M
Q2 22	$18M	$171M
Q3 22	$19M	$179M
Q4 22	$24M	$185M
Q1 23	$23M	$195M
Q2 23	$25M	$198M
Q3 23	$24M	$206M
Q4 23	$26M	$213M
Q1 24	$28M	$219M
Q2 24	$28M	$225M
Q3 24	$29M	$235M
Q1 25	$33M	$247M
Q2 25	$32M	$251M
Q3 25	$32M	$254M
Q4 25	$35M	$265M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$100M	$378M	$478M
Q2 22	$101M	$397M	$498M
Q3 22	$129M	$448M	$577M
Q4 22	$181M	$434M	$614M
Q1 23	$141M	$488M	$630M
Q2 23	$196M	$464M	$660M
Q3 23	$128M	$572M	$700M
Q4 23	$143M	$587M	$730M
Q1 24	$240M	$843M	$1.1B
Q2 24	$176M	$931M	$1.1B
Q3 24	$291M	$676M	$967M
Q4 24	$363M	$643M	$1.0B
Q1 25	$370M	$671M	$1.0B
Q2 25	$205M	$430M	$636M
Q3 25	$193M	$483M	$676M
Q4 25	$232M	$465M	$697M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	69M	+1.1%	+3.4%
Q2 22	70M	+1.1%	+3.6%
Q3 22	70M	+0.7%	+3.6%
Q4 22	71M	+0.7%	+3.7%
Q1 23	71M	+0.8%	+3.3%
Q2 23	72M	+0.5%	+2.7%
Q3 23	72M	+1.0%	+3.0%
Q4 23	73M	+0.8%	+3.1%
Q1 24	73M	+0.8%	+3.1%
Q2 24	74M	+1.0%	+3.6%
Q3 24	75M	+0.9%	+3.5%
Q4 24	89M	+18.4%	+21.6%
Q1 25	89M	+0.7%	+21.5%
Q2 25	89M	0.0%	+20.3%
Q3 25	87M	-2.2%	+16.6%
Q4 25	87M	-0.3%	-1.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$85.5K	2K
Q2 22	$88.6K	2K
Q3 22	$92.8K	2K
Q4 22	$87.5K	2K
Q1 23	$91.8K	2K
Q2 23	$93.6K	2K
Q3 23	$96.7K	2K
Q4 23	$89.1K	3K
Q1 24	$92.0K	3K
Q2 24	$93.9K	3K
Q3 24	$98.4K	3K
Q4 24	$90.7K	3K
Q1 25	$91.0K	3K
Q2 25	$92.2K	3K
Q3 25	$93.0K	3K
Q4 25	$103.2K	3K

Revenue / Employee