10-K · February 20, 2026
Five9 reported full-year 2025 revenue of $1,149.1 million (up 10% YoY) and returned to profitability with net income of $39.4 million in 2025 versus a $(12.8) million loss in 2024 and $(81.8) million loss in 2023. The…
Earnings analysis · 10-Q
FIVN earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Five9 reported strong Q1 2026 results with revenues of $305.3 million and diluted EPS of $0.76, both exceeding expectations. Compared to Q1 2025, revenues grew by 9% while net income saw significant improvement to $18.4…
Read full summary
Five9 reported strong Q1 2026 results with revenues of $305.3 million and diluted EPS of $0.76, both exceeding expectations. Compared to Q1 2025, revenues grew by 9% while net income saw significant improvement to $18.4 million from just $0.6 million in the previous year. Guidance for 2026 remains positive, reflecting a bullish outlook driven by strategic investments in AI and sales growth.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.76
What stood out
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Revenue Growth of 9%
Revenue increased from $279.7 million in Q1 2025 to $305.3 million in Q1 2026.
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EPS Beats Expectations
Diluted EPS rose to $0.76, surpassing estimates of $0.59.
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Improved Gross Margin
Gross margin increased to 56% from 55% year-over-year.
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Substantial Net Income
Net income for Q1 2026 was $18.4 million, a notable rise from $0.6 million in Q1 2025.
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Strong Operating Cash Flow
Operating cash flow was $63.9 million, up from $48.4 million in the prior year.
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Share Repurchase Program
$90 million remains from the $150 million stock repurchase program authorized until 2027.
What to watch
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Macroeconomic Challenges
Ongoing global tariff increases and conflicts may negatively impact future revenue growth.
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Reduction in Force Effects
The implementation of a reduction in force may impact employee morale and operational capacity.
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Increased Competition in AI Market
As Five9 shifts towards an AI-native platform, competition may intensify, affecting market share.
Management's outlook
Management expects full-year 2026 revenue between $1.254 and $1.266 billion, with GAAP EPS guidance between $0.73 and $0.85.
Earlier filings 4
10-Q · November 6, 2025
Five9 reported Q3 revenue of $285.8M (vs. $264.2M in Q3 2024), with gross margin improving to 55.0% and operating income of $16.0M (5.6% operating margin) versus an operating loss of $15.4M a year ago. GAAP diluted EPS…
10-Q · July 31, 2025
Five9 reported improving operating trends in Q2: revenue of $283,269,000 (up from $252,086,000 a year earlier), gross profit of $155,404,000 (gross margin ~54.9%) and a swing to net income of $1,154,000 versus a loss of…
10-Q · May 2, 2024
Five9 posted Q1 revenue of $247,010 (in thousands), up $28,571 (≈13.1%) versus $218,439 in Q1 2023; gross profit rose to $132,480 (in thousands) and gross margin expanded to ~53.6%. Operating loss narrowed to $(20,695)…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.