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Five9 (FIVN) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Five9 (FIVN) Q3 2026 earnings results →

Q3 2026 Revenue up 13% year over year to $323M · 4¢ of every $1 of revenue kept as net profit · operating margin 4.4%

Five9 made $323M in Q3 2026 (+13% Y/Y). Operating margin 4.4%, net earnings $14.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$323M
Year over year+13%
Operating margin4.4%
Net earnings$14.5M
Operating cash flow$58.4M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $323.3M in Q3 2026, up 13% year over year and up 3% from the previous quarter.

Gross margin was 53.4%, down 1.6 points from Q3 2025. Operating profit was $14.3M, a 4.4% margin (down 1.2 points year over year). Operating profit fell $1.8M even though revenue rose $37.5M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 12% against revenue growth of 13%. The fastest-growing cost line was Research & development (+17%). Net earnings were $14.5M, down 19% year over year. The effective tax rate was 7.4%.

Operating cash flow was $58.4M (down 1% year over year), 403% of net earnings. Non-cash charges added back $20.1M of depreciation and amortization and $34.9M of share-based compensation. Working capital and other items used $11.2M. Capital expenditures of $5.1M left free cash flow of $53.3M.

Quarterly history

Five9 revenue by quarterFive9 revenue by quarter$280MQ1 2025$283MQ2 2025$286MQ3 2025$300MQ4 2025$305MQ1 2026$312MQ2 2026$323MQ3 2026
Five9 net earnings by quarterFive9 net earnings by quarter$576KQ1 2025$1.2MQ2 2025$18.0MQ3 2025$19.7MQ4 2025$18.4MQ1 2026$3.4MQ2 2026$14.5MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$323M+13%4.4%$14.5M$58.4M
Q2 202610-QAug 6, 2026$312M+10%0.6%$3.4M$42.1M
Q1 202610-QApr 30, 2026$305M+9%6.1%$18.4M$63.9M
Q4 202510-KFeb 20, 2026$300M+8%6.6%$19.7M$83.6M
Q3 202510-QNov 6, 2025$286M+8%5.6%$18.0M$59.2M
Q2 202510-QJul 31, 2025$283M+12%-0.6%$1.2M$35.1M
Q1 202510-QMay 1, 2025$280M+13%-1.9%$576K$48.4M

Charts

Five9: revenue growth, year over year and quarter over quarterFive9: revenue growth, year over year and quarter over quarterY/YQ/Q+13%Q1 2025+12%+1%Q2 2025+8%+1%Q3 2025+8%+5%Q4 2025+9%+2%Q1 2026+10%+2%Q2 2026+13%+3%Q3 2026
Latest (Q3 2026): Y/Y +13%, Q/Q +3%.
Five9: where the cash came from (+) and went (−), TTM to Q3 2026Five9: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$248MBuybacks−$150MCash drawn (+) / kept (−)−$70.4MCapital spending−$34.2MOther investing$12.4MNet borrowing (+) / repaid (−)−$9.8MShares issued$3.4MOther financing$780K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Five9: profit against cash, quarter by quarterFive9: profit against cash, quarter by quarterNet incomeOperating cash flow$11.6M$49.8MQ4 2024$576K$48.4MQ1 2025$1.2M$35.1MQ2 2025$18.0M$59.2MQ3 2025$19.7M$83.6MQ4 2025$18.4M$63.9MQ1 2026$3.4M$42.1MQ2 2026$14.5M$58.4MQ3 2026
Latest (Q3 2026): Net income $14.5M, Operating cash flow $58.4M.
Five9: diluted shares by fiscal yearFive9: diluted shares by fiscal year64MFY202068MFY202170MFY202272MFY202375MFY202488MFY2025
+37.2% since FY2020: more shares outstanding (issuance, stock pay).
Five9 in its industry: growth against margin (65 companies, SIC 7374)Five9 in its industry: growth against margin (65 companies, SIC 7374)revenue growth, year over year →↑ operating marginmedian +9%median -8%ADPDXCWDAYTOSTRDDTVRSKRNGPLTKCLVTFAPEGAAPLDTASKEVTCCARGNRDSHNGELFTORAMPGDRXLZEGHTUPWKCARSIBEXSSTKLIFYEXTTCXINODOOMAHAWKGLOOBRUNFIRYVERIBIRDINFQNXTTQMLSTRAKMOVEQBTSSHAZDTCXSDCHONFOBHICKWIKSEQCPHUNWORXONEICASTDTSTHTCRPWDYPVITMYX Inc.NTCSSTWIRADCCRCWHNITFIVN (+13%, 4%)
Services-Computer Processing & Data Preparation; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Five9

Five9 is a leading provider of intelligent customer experience, or CX, platform for enterprise contact centers. With a foundation in our cloud-native solution, Five9 is now evolving into an AI-native CX platform, empowering enterprises to scale seamlessly, innovate faster, and deliver enhanced customer experiences as the market opportunity continues to expand. Our reliable, secure, and scalable Intelligent CX Platform, powered by our Five9 Genius AI suite, delivers a comprehensive suite of easy-to-use applications that enable the breadth of customer service, sales, and marketing functions. We have become an established leader in the AI-powered CX market with more than 3,000 customers. We believe our end-to-end, AI-powered CX platform creates a significant advantage by orchestrating interactions across all channels throughout the customer journey.

In its own words, from its 10-K, filed Feb 20, 2026.

Five9 against its Services-Computer Processing & Data Preparation peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +13% against the peers' median +6%. Operating margin: 4.4% against the peers' median 11.8%.

CompanyQuarterRevenueY/YOp. margin
FIVN Five9Q3 2026$323M+13%4.4%
ADP Automatic Data ProcessingQ1 FY27$5.5B+6%23.9%
DXC DXC TechnologyQ2 FY27$3.0B-4%6.2%
WDAY WorkdayQ2 FY27$2.6B+13%11.8%
TOST ToastQ3 2026$2.0B+21%8.3%
RDDT RedditQ3 2026$895M+53%29.2%
VRSK Verisk AnalyticsQ3 2026$809M+5%45.2%
RNG RingCentralQ3 2026$676M+6%8.0%
PLTK Playtika HoldingQ3 2026$674M-0.1%17.2%

Source: Five9 10-Q on SEC EDGAR · CIK 1288847 · Services-Computer Processing & Data Preparation

Guidance and outlook

Five9 Revenue: guidance against what was reportedFive9 Revenue: guidance against what was reportedguided rangereported (above / within / below)FY2026Q2 2026$312MQ3 2026$323MQ4 2026
Met or beat 2 of 2 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Five9: what its forward-looking statements are about (10-Q filed 2026-11-05)Five9: what its forward-looking statements are about (10-Q filed 2026-11-05)Other6Demand6Costs3Margins1The economy1Financing1Buybacks & dividends1Legal & regulation1
20 statements; tone +0.05 (−1 all cautious, +1 all confident); 6 hedged.
Five9: outlook statements against the filing beforeFive9: outlook statements against the filing beforeConfident6Cautious5

13F: who owns FIVN and who is buying

Largest holders of FIVN (13F)Largest holders of FIVN (13F)Vanguard Group$201MVanguard Portfolio Management LLC$151MBlackRock$151MVoss Capital, LP$104MAmeriprise Financial$88.3MVanguard Capital Management LLC$70.6MVan Berkom & Associates$68.1MDriehaus Capital Management LLC$48.3MDimensional Fund Advisors LP$47.4MGeode Capital Management, LLC$46.1M
Funds' net buying of FIVN by quarter (13F)Funds' net buying of FIVN by quarter (13F)−$122M2024-09−$135M2024-12$24.9M2025-03$203M2025-06−$45.7M2025-09−$105M2025-12$6.9M2026-03−$59.9M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on FIVN

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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