Five9, Inc. income statement
In fiscal 2025, Five9, Inc. reported revenue of $1.15bn, up 10.3% on the year before, operating income of $28.9m (a 2.5% margin) and net income of $39.4m, or $0.45 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 64 | 84 | 103 | 129 | 162 | 200 | 258 | 328 | 435 | 610 | 779 | 910 | 1,042 | 1,149 | 1,204 |
| Cost of revenue | 39 | 49 | 55 | 59 | 67 | 83 | 104 | 135 | 180 | 271 | 368 | 433 | 478 | 516 | 543 |
| Gross profit | 25 | 35 | 48 | 69 | 95 | 117 | 154 | 193 | 255 | 338 | 411 | 478 | 564 | 633 | 661 |
| Research and development | 13 | 18 | 22 | 23 | 24 | 27 | 34 | 45 | 69 | 107 | 142 | 157 | 166 | 152 | 153 |
| Selling and marketing | 17 | 28 | 37 | 42 | 53 | 67 | 72 | 96 | 132 | 194 | 262 | 297 | 312 | 312 | 307 |
| General and administrative | 12 | 18 | 24 | 26 | 25 | 29 | 40 | 49 | 66 | 94 | 95 | 123 | 138 | 140 | 144 |
| Operating income | −17 | −28 | −36 | −21 | −7 | −6 | 7 | 3 | −12 | −56 | −88 | −99 | −51 | 29 | 47 |
| Interest expense | 1 | 1 | 4 | 5 | 4 | 3 | 10 | 14 | 28 | 8 | 7 | 8 | 15 | 14 | 13 |
| Income before tax | −19 | −31 | −38 | −26 | −12 | −9 | 0 | −4 | −45 | −64 | −90 | −79 | −13 | 45 | 67 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | −11 | 4 | 2 | 0 | 6 | 5 |
| Net income | −19 | −31 | −38 | −26 | −12 | −9 | −0 | −5 | −42 | −53 | −95 | −82 | −13 | 39 | 59 |
| Diluted EPS | −$5.82 | −$7.82 | −$1.00 | −$0.52 | −$0.23 | −$0.16 | $0.00 | −$0.08 | −$0.66 | −$0.79 | −$1.35 | −$1.13 | −$0.17 | $0.45 | $0.69 |
| Diluted shares (average) | 3m | 4m | 38m | 50m | 52m | 55m | 58m | 60m | 64m | 68m | 70m | 72m | 75m | 88m | 87m |
| EBITDA | −14 | −24 | −29 | −14 | 2 | 3 | 17 | 18 | 13 | −18 | −43 | −50 | 2 | 91 | 114 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 264 | 279 | 280 | 283 | 286 | 300 | 305 | 312 |
| Cost of revenue | 122 | 123 | 126 | 128 | 129 | 134 | 135 | 146 |
| Gross profit | 142 | 156 | 154 | 155 | 157 | 166 | 171 | 167 |
| Research and development | 42 | 41 | 41 | 40 | 35 | 36 | 40 | 42 |
| Selling and marketing | 79 | 74 | 83 | 81 | 72 | 77 | 79 | 80 |
| General and administrative | 37 | 36 | 35 | 36 | 34 | 34 | 33 | 43 |
| Operating income | −15 | 4 | −5 | −2 | 16 | 11 | 18 | 2 |
| Interest expense | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Income before tax | −8 | 11 | 1 | 3 | 19 | 23 | 21 | 4 |
| Income tax | −4 | −0 | 0 | 1 | 1 | 1 | 2 | 1 |
| Net income | −4 | 12 | 1 | 1 | 18 | 20 | 18 | 3 |
| Diluted EPS | −$0.06 | $0.13 | $0.01 | $0.01 | $0.21 | $0.23 | $0.21 | $0.04 |
| EBITDA | −2 | 19 | 9 | 13 | 32 | 28 | 36 | 18 |
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