Five9, Inc. (FIVN) Income Statement
FIVN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFIVN revenue and net income
Where FIVN's revenue goes
2025Each bar shows an amount and its share of revenue. FIVN kept 3.4% of revenue as net income.
FIVN profit margins
FIVN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.3% | +13.8% | +21.4% | +24.5% |
| Gross profit | +11.3% | +15.1% | +19.8% | +24.6% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +20.3% | +25.7% | +24.5% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FIVN quarterly EPS vs estimates
Five9 beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.34).
FIVN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.04B | $910.5M | $778.8M | $609.6M | $434.9M | $328.0M | $257.7M | $200.2M | $162.1M |
| Cost of revenue | $521.1M | $477.5M | $432.7M | $367.5M | $271.1M | $180.3M | $134.5M | $104.0M | $83.1M | $66.9M |
| Gross profit | $628.0M | $564.4M | $477.8M | $411.3M | $338.5M | $254.6M | $193.5M | $153.6M | $117.1M | $95.2M |
| Research & development | $152.3M | $166.2M | $156.6M | $141.8M | $106.9M | $68.7M | $45.2M | $34.2M | $27.1M | $23.9M |
| Sales, general & admin | $448.4M | $431.6M | $419.8M | $357.1M | $287.8M | $198.2M | $145.0M | $112.4M | $95.7M | $77.8M |
| Total operating expenses | $595.4M | $615.7M | $576.4M | $498.9M | $394.7M | $266.9M | $190.2M | $146.6M | $122.8M | $101.7M |
| Operating income | $32.6M | −$51.3M | −$98.6M | −$87.6M | −$56.2M | −$12.3M | $3.3M | $7.0M | −$5.7M | −$6.5M |
| Interest income | $30.2M | $46.7M | $26.8M | $4.8M | — | $3.0M | $6.1M | $3.3M | $490,000 | $12,000 |
| Interest expense | $14.1M | $14.8M | $7.6M | $7.5M | $8.0M | $28.3M | $13.8M | $10.2M | $3.5M | $4.2M |
| Income before taxes | $44.9M | −$12.8M | −$79.4M | −$90.3M | −$64.3M | −$44.6M | −$4.4M | $79,000 | −$8.7M | −$11.8M |
| Income taxes | $5.5M | $40,000 | $2.3M | $4.4M | −$11.3M | −$2.5M | $104,000 | $300,000 | $268,000 | $54,000 |
| Net income | $39.4M | −$12.8M | −$81.8M | −$94.7M | −$53.0M | −$42.1M | −$4.6M | −$221,000 | −$9.0M | −$11.9M |
| EBITDA | $120.8M | $55.0M | −$23.3M | −$38.1M | −$8.8M | $14.5M | $28.5M | $20.6M | $3.1M | $822,000 |
| EPS (diluted) | $2.96 | $2.46 | $2.06 | $1.49 | $1.16 | $0.99 | $0.84 | $0.60 | −$0.06 | −$0.07 |
| Gross margin | 54.7% | 54.2% | 52.5% | 52.8% | 55.5% | 58.5% | 59.0% | 59.6% | 58.5% | 58.7% |
| Operating margin | 2.8% | −4.9% | −10.8% | −11.2% | −9.2% | −2.8% | 1.0% | 2.7% | −2.9% | −4.0% |
| Net margin | 3.4% | −1.2% | −9.0% | −12.2% | −8.7% | −9.7% | −1.4% | −0.1% | −4.5% | −7.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $312.4M | $305.3M | $300.3M | $285.8M | $283.3M | $279.7M | $278.7M | $264.2M | $252.1M | $247.0M | $239.1M | $230.1M |
| Cost of revenue | $145.7M | $134.8M | $136.3M | $128.6M | $127.9M | $126.0M | $122.7M | $121.9M | $118.4M | $114.5M | $112.5M | $111.1M |
| Gross profit | $166.7M | $170.5M | $164.0M | $157.3M | $155.4M | $153.7M | $156.0M | $142.2M | $133.7M | $132.5M | $126.6M | $119.0M |
| Research & development | $42.1M | $39.7M | $36.8M | $35.2M | $39.9M | $41.1M | $41.5M | $42.5M | $40.7M | $41.5M | $38.9M | $40.4M |
| Sales, general & admin | $122.7M | $112.4M | $33.9M | $106.0M | $117.1M | $118.1M | $110.3M | $115.2M | $112.3M | $111.7M | $106.3M | $104.4M |
| Total operating expenses | $164.8M | $152.0M | $142.1M | $141.2M | $157.0M | $159.2M | $151.8M | $157.7M | $153.0M | $153.2M | $145.2M | $144.8M |
| Operating income | $2.0M | $18.5M | $22.0M | $16.0M | −$1.6M | −$5.4M | $4.2M | −$15.4M | −$19.4M | −$20.7M | −$18.6M | −$25.7M |
| Interest income | $5.8M | $5.2M | $6.3M | $5.7M | $7.9M | $10.3M | $11.2M | $11.1M | $13.8M | $10.6M | $8.3M | $8.2M |
| Interest expense | $3.5M | $3.1M | $3.1M | $3.1M | $3.8M | $4.1M | $4.3M | $4.1M | $3.9M | $2.6M | $2.0M | $2.0M |
| Income before taxes | $4.3M | $20.6M | $23.0M | $18.6M | $2.5M | $760,000 | $11.2M | −$8.3M | −$9.5M | −$6.1M | −$12.2M | −$19.5M |
| Income taxes | $941,000 | $2.2M | $3.3M | $643,000 | $1.4M | $184,000 | −$426,000 | −$3.9M | $3.3M | $989,000 | $119,000 | $942,000 |
| Net income | $3.4M | $18.4M | $19.7M | $18.0M | $1.2M | $576,000 | $11.6M | −$4.5M | −$12.8M | −$7.1M | −$12.4M | −$20.4M |
| EBITDA | $27.7M | $46.9M | $70.5M | $42.6M | $26.0M | $16.2M | $19.4M | $13.2M | $10.4M | $12.0M | $6.1M | $12.8M |
| EPS (diluted) | $0.28 | $0.76 | $0.80 | $0.78 | $0.76 | $0.62 | $0.79 | $0.67 | $0.52 | $0.48 | $0.61 | $0.52 |
| Gross margin | 53.4% | 55.9% | 54.6% | 55.0% | 54.9% | 55.0% | 56.0% | 53.8% | 53.0% | 53.6% | 52.9% | 51.7% |
| Operating margin | 0.6% | 6.1% | 7.3% | 5.6% | −0.6% | −1.9% | 1.5% | −5.8% | −7.7% | −8.4% | −7.8% | −11.2% |
| Net margin | 1.1% | 6.0% | 6.6% | 6.3% | 0.4% | 0.2% | 4.2% | −1.7% | −5.1% | −2.9% | −5.2% | −8.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FIVN's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FIVN financial results
In fiscal year 2025 (ended December 31, 2025), Five9 reported revenue of $1.1 billion, up 10.3% from the year before. It had net income of $39.4 million, a net profit margin of 3.4%. Diluted earnings per share came to $2.96. Over five years revenue grew at an average rate of 21.4% a year.
See the FIVN stock overview for the latest quote and news, or the FIVN chart for price history and technical indicators.
FIVN income statement FAQ
What is Five9's annual revenue?
Five9 reported total revenue of $1.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 10.3% from $1.0 billion the previous year.
Is Five9 profitable?
Yes. Five9 reported net income of $39.4 million in fiscal 2025, a net profit margin of 3.4%; its operating margin was 2.8%.
What is Five9's gross margin?
Five9's gross margin was 54.7% in fiscal 2025: for every $100 of revenue, Five9 kept $55 after the direct cost of its products and services.
How much does Five9 spend on research and development?
Five9 spent $152.3 million on research and development in fiscal 2025, 13.3% of revenue.
How fast is Five9 growing?
Revenue grew 21.4% a year on average over the last five fiscal years, from $434.9 million to $1.1 billion.
What are Five9's earnings per share?
Five9 earned $2.96 per diluted share in fiscal 2025, compared with $2.46 a year earlier.
When will Five9 report its next earnings?
Five9 is expected to report results for the quarter ending September 30, 2026 on November 5, 2026.
When does Five9's fiscal year end?
Five9's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.