Filing Flows › Five9 (FIVN) › Q3 2026 › vs Q3 2025
Five9 (FIVN) Q3 2026 vs Q3 2025 (year over year)
Five9's revenue rose $37.5M (+13%) from $286M in Q3 2025 to $323M in Q3 2026. Gross margin 53.4% against 55.0% (-1.6 pts).
Five9, Q3 2026: revenue $323M (+13% year over year), operating margin 4.4%, net earnings $14.5M, operating cash flow $58.4M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 53.4% | 55.0% | -1.6 pts |
| Operating margin | 4.4% | 5.6% | -1.2 pts |
| Net margin | 4.5% | 6.3% | -1.8 pts |
| Free cash flow margin | 16.5% | 17.0% | -0.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $323M | $286M | $37.5M | +13% |
| Gross profit | $173M | $157M | $15.4M | +10% |
| Cost of revenue | $151M | $129M | $22.0M | +17% |
| Other income, net | $1.4M | $2.6M | −$1.2M | -47% |
| Operating profit | $14.3M | $16.0M | −$1.8M | -11% |
| Operating expenses | $158M | $141M | $17.2M | +12% |
| Pre-tax earnings | $15.6M | $18.6M | −$3.0M | -16% |
| Research & development | $41.2M | $35.2M | $6.0M | +17% |
| Sales & marketing | $80.7M | $71.7M | $9.1M | +13% |
| General & admin | $36.5M | $34.4M | $2.1M | +6% |
| Net earnings | $14.5M | $18.0M | −$3.5M | -19% |
| Income tax | $1.2M | $643K | $508K | +79% |
| Depreciation & amortization | $20.1M | $15.8M | $4.3M | +27% |
| Share-based compensation | $34.9M | $33.3M | $1.6M | +5% |
| Working capital & other | $11.2M | $7.9M | $3.3M | +42% |
| Operating cash flow | $58.4M | $59.2M | −$835K | -1% |
| Free cash flow (OCF − capex) | $53.3M | $48.7M | $4.6M | +9% |
| Capital expenditures | $5.1M | $10.5M | −$5.4M | -52% |
Questions
How much did Five9's revenue grow year over year in Q3 2026?
Five9's revenue rose $37.5M (+13%) from $286M in Q3 2025 to $323M in Q3 2026. Gross margin 53.4% against 55.0% (-1.6 pts).