Five9 (FIVN) Q3 FY2026 earnings: revenue $323 million, up 13.1% on the year

Five9, Inc. (FIVN) reported revenue of $323 million for Q3 FY2026, the quarter ended 30 September 2026, up 13.1% on the same quarter a year earlier. Net income was $14 million, down 19.3% on the year, and diluted earnings per share $0.19. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$323 million

+13.1% on the year · +3.5% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

4.4%

5.6% a year earlier

Q4 FY2024Q3 FY2026

Net income

$14 million

-19.3% on the year · +330.6% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.19

-9.5% on the year · +375.0% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 1 lowered, 3 new.

Revenue rose 13% to $323.3 million: Third-quarter revenue was $323.3 million, up 13% from $285.8 million. Nine-month revenue was $941.1 million, compared with $848.8 million in the same period of 2025.
Subscription revenue grew 16%: The headline gives subscription revenue growth of 16% year-over-year, above total revenue growth of 13%. The release does not state a subscription revenue dollar figure.
GAAP net income declined year-over-year: GAAP net income was $14.5 million, or $0.19 per diluted share, against $18.0 million, or $0.21, a year earlier. Income from operations was $14.3 million against $16.0 million.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	323	312	286	+3.5%	+13.1%
Cost of revenue	151	146	129	+3.3%	+17.1%
Gross profit	173	167	157	+3.6%	+9.8%
Gross margin	53.4%	53.4%	55.0%
Research and development	41.2	42.1	35.2	-2.0%	+17.1%
Operating income	14.3	2.0	16.0	+622.5%	-11.0%
Operating margin	4.4%	0.6%	5.6%
Interest expense	3.5	3.5	3.1	+1.2%	+15.0%
Pre-tax income	15.6	4.3	18.6	+263.3%	-15.9%
Income tax	1.2	0.9	0.6	+22.3%	+79.0%
Effective tax rate	7.4%	21.8%	3.5%
Net income	14.5	3.4	18.0	+330.6%	-19.3%
Net margin	4.5%	1.1%	6.3%
Diluted EPS	$0.19	$0.04	$0.21	+375.0%	-9.5%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	58.4	42.1	59.2	+38.7%	-1.4%
Capital expenditure	5.1	17.6	10.5	-71.3%	-51.9%
Free cash flow	53.3	24.5	48.7	+118.0%	+9.5%
Free cash flow margin	16.5%	7.8%	17.0%
Cash from investing	17.5	-42.3	-71.9
Cash from financing	0.6	-85.4	0.6		+5.2%
Depreciation and amortisation	20.1	19.9	15.8	+1.0%	+27.4%
Share-based compensation	34.9	33.0	33.3	+5.9%	+4.8%
Buybacks	0.0	90.0	0.0
Diluted shares, weighted	77m	85m	87m	-9.6%	-11.5%
Shares outstanding at period end	75m	75m	78m	+0.8%	-3.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	838	785	775	+6.8%	+8.1%
Debt	738	737	735	+0.1%	+0.5%
Operating lease liabilities	42.8	41.6	35.4	+2.8%	+21.0%
Finance lease liabilities	3.0	3.3	8.0	-9.1%	-63.2%
Other liabilities	295	263	215	+12.1%	+37.1%
Total liabilities and equity	1,917	1,830	1,768	+4.8%	+8.4%
Fixed assets	186	180	164	+3.4%	+13.0%
Goodwill	366	366	366	0.0%	0.0%
Intangible assets	41.0	44.3	54.6	-7.6%	-25.0%
Investments	434	467	483	-7.1%	-10.1%
Cash and equivalents	264	187	193	+40.9%	+36.4%
Receivables	158	142	138	+12.0%	+14.4%
Other assets	468	444	369	+5.4%	+27.0%
Total assets	1,917	1,830	1,768	+4.8%	+8.4%

Questions

What was Five9's revenue in Q3 FY2026?

Five9 (FIVN) reported revenue of $323 million for Q3 FY2026, the quarter ended 30 September 2026, up 13.1% on the same quarter a year earlier.

How much did Five9 earn in Q3 FY2026?

Net income for Q3 FY2026 was $14 million, down 19.3% on the year, and diluted earnings per share $0.19.

When did Five9 report Q3 FY2026 results?

Five9 filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	174	183	189	198	208	218	223	230	239	247	252	264	279	280	283	286	300	305	312	323
Cost of revenue	79.8	88.9	88.2	94.1	96.3	105	104	111	112	115	118	122	123	126	128	129	134	135	146	151
Gross profit	93.8	93.9	101	104	112	114	119	119	127	132	134	142	156	154	155	157	166	171	167	173
Gross margin	54%	51%	53%	53%	54%	52%	53%	52%	53%	54%	53%	54%	56%	55%	55%	55%	55%	56%	53%	53%
R&D	30.4	35.8	35.0	34.1	36.9	38.1	39.2	40.4	38.9	41.5	40.7	42.5	41.5	41.1	39.9	35.2	36.1	39.7	42.1	41.2
Operating income	-12.0	-30.8	-21.8	-21.7	-13.3	-29.0	-25.2	-25.7	-18.6	-20.7	-19.4	-15.4	4.2	-5.4	-1.6	16.0	19.8	18.5	2.0	14.3
Operating margin	-7%	-17%	-11%	-11%	-6%	-13%	-11%	-11%	-8%	-8%	-8%	-6%	2%	-2%	-1%	6%	7%	6%	1%	4%
Interest expense	2.0	1.9	1.9	1.9	1.9	1.8	1.9	2.0	2.0	2.6	3.9	4.1	4.3	4.1	3.8	3.1	3.1	3.1	3.5	3.5
Pre-tax income	-14.0	-31.9	-23.3	-22.6	-12.4	-26.7	-21.0	-19.5	-12.2	-6.1	-9.5	-8.3	11.2	0.8	2.5	18.6	23.0	20.6	4.3	15.6
Tax rate	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-4%	24%	54%	3%	14%	10%	22%	7%
Net income	-3.6	-34.1	-23.7	-23.2	-13.7	-27.2	-21.7	-20.4	-12.4	-7.1	-12.8	-4.5	11.6	0.6	1.2	18.0	19.7	18.4	3.4	14.5
Net margin	-2%	-19%	-12%	-12%	-7%	-12%	-10%	-9%	-5%	-3%	-5%	-2%	4%	0%	0%	6%	7%	6%	1%	4%
Diluted EPS	-$0.05	-$0.49	-$0.34	-$0.33	-$0.19	-$0.38	-$0.30	-$0.28	-$0.17	-$0.10	-$0.17	-$0.06	$0.13	$0.01	$0.01	$0.21	$0.23	$0.21	$0.04	$0.19
Operating cash flow	8.1	28.7	-3.1	30.5	32.7	33.4	21.9	37.0	36.5	32.4	19.9	41.1	49.8	48.4	35.1	59.2	83.6	63.9	42.1	58.4
Capital expenditure	13.7	12.4	22.1	11.6	6.2	9.9	6.7	3.3	11.3	12.0	6.8	14.4	9.3	4.7	3.5	10.5	6.2	5.3	17.6	5.1
Free cash flow	-5.6	16.3	-25.2	18.9	26.5	23.5	15.1	33.7	25.3	20.4	13.1	26.7	40.5	43.7	31.6	48.7	77.3	58.7	24.5	53.3
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	0.0	50.0	10.0	90.0	0.0
Shares outstanding	68m	70m	70m	71m	71m	72m	72m	73m	73m	74m	75m	75m	76m	76m	77m	78m	77m	77m	75m	75m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.