NASDAQ : FIVN
Five9, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 37.41 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.80B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Five9, Inc. (FIVN) reported revenue of 1.20B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.20B | 1.15B | 1.04B | 910.49M | 778.85M | 609.59M |
| Cost of Revenue | 540.99M | 514.33M | 475.44M | 432.69M | 367.50M | 271.10M |
| Gross Profit | 662.89M | 634.75M | 566.50M | 477.80M | 411.35M | 338.49M |
| Selling, General & Admin | 431.27M | 439.73M | 431.60M | 419.79M | 356.87M | 282.20M |
| Research & Development | 150.67M | 149.93M | 164.30M | 156.58M | 141.79M | 106.90M |
| Operating Expenses | 581.93M | 589.66M | 595.90M | 576.37M | 498.67M | 389.10M |
| Operating Income | 80.95M | 45.09M | -29.40M | -98.58M | -87.32M | -50.61M |
| Interest Expense | -12.79M | -14.08M | -14.81M | -7.65M | -7.49M | -8.03M |
| Interest & Investment Income | 23.00M | 30.17M | 46.74M | 26.80M | 4.81M | |
| Other Non Operating Income (Expenses) | -8.00K | |||||
| EBT Excluding Unusual Items | 91.16M | 61.19M | 2.53M | -79.42M | -90.00M | -58.65M |
| Merger & Restructuring Charges | -16.25M | -16.25M | -21.90M | |||
| Other Unusual Items | 6.62M | -260.00K | -5.64M | |||
| Pretax Income | 66.52M | 44.94M | -12.76M | -79.42M | -90.26M | -64.28M |
| Income Tax Expense | 7.05M | 5.53M | 40.00K | 2.34M | 4.39M | -11.29M |
| Net Income | 59.47M | 39.42M | -12.79M | -81.76M | -94.65M | -53.00M |
| Net Income to Common | 59.47M | 39.42M | -12.79M | -81.76M | -94.65M | -53.00M |
| Shares Outstanding (Basic) | 76.75M | 76.92M | 74.50M | 72.05M | 69.92M | 67.51M |
| Shares Outstanding (Diluted) | 86.36M | 88.00M | 74.50M | 72.05M | 69.92M | 67.51M |
| EPS (Basic) | 0.77 | 0.51 | -0.17 | -1.13 | -1.35 | -0.79 |
| EPS (Diluted) | 0.69 | 0.45 | -0.17 | -1.13 | -1.35 | -0.79 |
| Free Cash Flow | 209.12M | 201.24M | 100.78M | 97.60M | 36.59M | -13.22M |
| Free Cash Flow Per Share | 2.42 | 2.29 | 1.35 | 1.35 | 0.52 | -0.20 |
| Gross Margin | 55.06% | 55.24% | 54.37% | 52.48% | 52.81% | 55.53% |
| Operating Margin | 6.72% | 3.92% | -2.82% | -10.83% | -11.21% | -8.30% |
| Profit Margin | 4.94% | 3.43% | -1.23% | -8.98% | -12.15% | -8.69% |
| Free Cash Flow Margin | 17.37% | 17.51% | 9.67% | 10.72% | 4.70% | -2.17% |
| EBITDA | 151.53M | 106.86M | 23.50M | -50.06M | -42.65M | -11.88M |
| EBITDA Margin | 12.59% | 9.30% | 2.26% | -5.50% | -5.48% | -1.95% |
| D&A For EBITDA | 70.57M | 61.76M | 52.91M | 48.52M | 44.67M | 38.73M |
| EBIT | 80.95M | 45.09M | -29.40M | -98.58M | -87.32M | -50.61M |
| EBIT Margin | 6.72% | 3.92% | -2.82% | -10.83% | -11.21% | -8.30% |
| Effective Tax Rate | 10.60% | 12.30% | ||||
| Advertising Expenses | 29.40M | 25.40M | 31.30M | 28.10M | 20.80M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 187.31M | 232.08M | 362.55M | 143.20M | 180.52M | 90.88M |
| Short-Term Investments | 466.76M | 464.83M | 643.41M | 587.10M | 433.74M | 378.98M |
| Cash & Short-Term Investments | 654.06M | 696.92M | 1.01B | 730.30M | 614.26M | 469.86M |
| Receivables | 147.15M | 135.09M | 122.38M | 101.53M | 90.89M | 86.32M |
| Prepaid Expenses | 39.22M | 24.21M | 27.99M | 22.02M | 17.15M | 21.31M |
| Other Current Assets | 110.89M | 103.51M | 92.25M | 70.20M | 56.40M | 39.74M |
| Total Current Assets | 951.32M | 959.72M | 1.25B | 924.05M | 778.71M | 617.23M |
| Property, Plant & Equipment | 231.85M | 225.23M | 203.04M | 152.01M | 145.34M | 126.49M |
| Long-Term Investments | 750.00K | 750.00K | 750.00K | 2.00M | 2.88M | 147.38M |
| Goodwill | 366.25M | 366.25M | 365.44M | 227.41M | 165.42M | 165.42M |
| Other Intangible Assets | 44.35M | 51.17M | 65.63M | 38.32M | 28.19M | 39.90M |
| Long-Term Deferred Tax Assets | 2.82M | 2.84M | 3.65M | 3.77M | 3.98M | 6.91M |
| Long-Term Deferred Charges | 189.84M | 176.98M | 155.16M | 136.57M | 114.88M | 84.66M |
| Other Long-Term Assets | 42.88M | 7.14M | 8.98M | 10.43M | 5.08M | 4.96M |
| Total Assets | 1.83B | 1.79B | 2.05B | 1.49B | 1.24B | 1.19B |
| Accounts Payable | 37.32M | 29.97M | 26.28M | 24.40M | 23.63M | 20.51M |
| Accrued Expenses | 84.90M | 84.12M | 83.72M | 62.13M | 58.54M | 59.78M |
| Current Portion of Long-Term Debt | 10.78M | 433.49M | 169.00K | |||
| Current Portion of Leases | 22.85M | 21.40M | 19.03M | 12.50M | 10.63M | 9.83M |
| Current Unearned Revenue | 73.42M | 77.52M | 79.17M | 68.19M | 57.82M | 43.72M |
| Other Current Liabilities | 23.74M | |||||
| Total Current Liabilities | 229.26M | 213.01M | 641.69M | 167.22M | 150.78M | 157.57M |
| Long-Term Debt | 764.73M | 735.49M | 731.86M | 742.12M | 738.38M | 768.60M |
| Long-Term Leases | 44.91M | 48.21M | 48.76M | 39.26M | 41.39M | 47.09M |
| Long-Term Unearned Revenue | 915.00K | 1.54M | 865.00K | 1.35M | 1.18M | 2.10M |
| Long-Term Deferred Tax Liabilities | 53.00K | 56.00K | 186.00K | 157.00K | ||
| Other Long-Term Liabilities | 5.39M | 5.95M | 5.67M | 6.54M | 2.64M | 6.45M |
| Total Liabilities | 1.05B | 1.00B | 1.43B | 956.48M | 934.52M | 981.81M |
| Common Stock | 75.00K | 77.00K | 76.00K | 73.00K | 71.00K | 68.00K |
| Additional Paid-In Capital | 1.14B | 1.16B | 1.04B | 942.28M | 635.67M | 439.79M |
| Retained Earnings | -356.45M | -378.23M | -417.64M | -404.85M | -323.09M | -228.44M |
| Comprehensive Income & Other | 451.00K | 897.00K | 636.00K | 582.00K | -2.69M | -287.00K |
| Shareholders' Equity | 784.80M | 785.82M | 622.19M | 538.09M | 309.96M | 211.13M |
| Total Liabilities & Equity | 1.83B | 1.79B | 2.05B | 1.49B | 1.24B | 1.19B |
| Total Debt | 843.26M | 805.10M | 1.23B | 793.88M | 790.56M | 825.51M |
| Net Cash (Debt) | -189.20M | -108.18M | -227.17M | -63.58M | -175.41M | -208.28M |
| Net Cash Per Share | -2.19 | -1.23 | -3.05 | -0.88 | -2.51 | -3.09 |
| Filing Date Shares Outstanding | 74.72M | 76.50M | 75.81M | 73.33M | 71.15M | 69.15M |
| Total Common Shares Outstanding | 74.72M | 77.19M | 75.81M | 73.32M | 71.05M | 68.49M |
| Working Capital | 722.05M | 746.71M | 606.88M | 756.84M | 627.93M | 459.65M |
| Book Value Per Share | 10.50 | 10.18 | 8.21 | 7.34 | 4.36 | 3.08 |
| Tangible Book Value | 374.20M | 368.40M | 191.12M | 272.35M | 116.35M | 5.82M |
| Tangible Book Value Per Share | 5.01 | 4.77 | 2.52 | 3.71 | 1.64 | 0.08 |
| Machinery | 192.28M | 183.05M | 178.80M | 160.66M | 152.12M | 120.65M |
| Leasehold Improvements | 5.58M | 6.76M | 6.74M | 6.42M | 6.57M | 5.91M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 59.47M | 39.42M | -12.79M | -81.76M | -94.65M | -53.00M |
| Depreciation & Amortization | 91.49M | 82.04M | 68.26M | 61.16M | 55.05M | 47.43M |
| Other Amortization | 96.53M | 90.56M | 76.96M | 59.13M | 44.78M | 30.01M |
| Asset Writedown & Restructuring Costs | 8.52M | 835.00K | 2.20M | |||
| Loss (Gain) From Sale of Investments | -4.86M | -7.89M | -19.57M | -11.35M | -90.00K | 6.38M |
| Stock-Based Compensation | 132.61M | 148.07M | 166.31M | 206.29M | 172.51M | 108.81M |
| Provision & Write-off of Bad Debts | 1.27M | 1.62M | 1.15M | 989.00K | 1.10M | 808.00K |
| Other Operating Activities | 3.05M | 2.05M | -12.24M | 860.00K | -2.36M | -871.00K |
| Change in Accounts Receivable | -14.95M | -17.43M | -14.64M | -9.84M | -4.90M | -35.99M |
| Change in Accounts Payable | 7.23M | 3.19M | 1.06M | 2.93M | 845.00K | 4.30M |
| Change in Unearned Revenue | 5.84M | -958.00K | -425.00K | 4.96M | 13.18M | 10.46M |
| Change in Other Net Operating Assets | -137.44M | -115.28M | -113.11M | -104.52M | -96.59M | -89.35M |
| Operating Cash Flow | 248.76M | 226.21M | 143.17M | 128.84M | 88.86M | 29.00M |
| Capital Expenditures | -39.64M | -24.96M | -42.39M | -31.23M | -52.27M | -42.22M |
| Cash Acquisitions | -167.05M | -80.59M | ||||
| Sale (Purchase) of Intangibles | -38.88M | -39.13M | -22.22M | -9.54M | -3.90M | |
| Investment in Securities | -32.40M | 186.69M | -34.89M | -138.20M | 87.40M | -108.26M |
| Other Investing Activities | -286.00K | -286.00K | -266.00K | |||
| Investing Cash Flow | -111.20M | 122.31M | -266.55M | -259.56M | 30.96M | -150.48M |
| Long-Term Debt Issued | 731.05M | |||||
| Long-Term Debt Repaid | -444.18M | -308.50M | -1.16M | -34.07M | -25.30M | |
| Net Debt Issued (Repaid) | -20.80M | -444.18M | 422.56M | -1.16M | -34.07M | -25.30M |
| Issuance of Common Stock | 15.11M | 15.61M | 15.28M | 25.05M | 21.93M | 22.80M |
| Repurchase of Common Stock | -150.01M | -50.00M | -3.27M | |||
| Other Financing Activities | -95.11M | 73.95M | -18.10M | -5.00M | ||
| Financing Cash Flow | -155.70M | -478.57M | 342.73M | 94.58M | -30.23M | -7.50M |
| Net Cash Flow | -18.14M | -130.05M | 219.34M | -36.15M | 89.60M | -128.98M |
| Free Cash Flow | 209.12M | 201.24M | 100.78M | 97.60M | 36.59M | -13.22M |
| Free Cash Flow Margin | 17.37% | 17.51% | 9.67% | 10.72% | 4.70% | -2.17% |
| Free Cash Flow Per Share | 2.42 | 2.29 | 1.35 | 1.35 | 0.52 | -0.20 |
| Levered Free Cash Flow | 260.48M | 258.19M | 204.90M | 204.85M | 132.05M | 94.30M |
| Unlevered Free Cash Flow | 264.81M | 262.44M | 208.68M | 205.88M | 132.99M | 95.36M |
| Cash Interest Paid | 9.13M | 9.70M | 6.59M | 3.90M | 3.74M | 4.07M |
| Cash Income Tax Paid | 3.19M | 4.84M | 3.75M | 1.59M | 1.03M | 31.00K |
| Change in Working Capital | -139.31M | -130.48M | -127.12M | -106.48M | -87.47M | -110.57M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.72B | 1.57B | 3.06B | 5.72B | 4.78B | 9.34B |
| Enterprise Value | 2.90B | 1.69B | 3.33B | 5.82B | 5.00B | 9.55B |
| Last Close Price | 36.34 | 20.05 | 40.64 | 78.69 | 67.86 | 137.32 |
| PE Ratio | 52.97 | 39.79 | ||||
| Forward PE | 10.06 | 6.61 | 16.41 | 41.80 | 49.09 | 123.88 |
| PS Ratio | 2.26 | 1.36 | 2.93 | 6.28 | 6.14 | 15.33 |
| PB Ratio | 3.46 | 2.00 | 4.91 | 10.63 | 15.44 | 44.26 |
| P/TBV Ratio | 7.26 | 4.26 | 15.99 | 21.00 | 41.12 | 1,606.96 |
| P/FCF Ratio | 12.98 | 7.79 | 30.33 | 58.61 | 130.75 | |
| P/OCF Ratio | 10.92 | 6.93 | 21.35 | 44.40 | 53.84 | 322.25 |
| PEG Ratio | 0.41 | 0.86 | 1.71 | 2.08 | 5.12 | |
| EV/Sales Ratio | 2.41 | 1.47 | 3.19 | 6.39 | 6.41 | 15.66 |
| EV/EBITDA Ratio | 19.17 | 15.82 | 141.52 | |||
| EV/EBIT Ratio | 35.88 | 37.48 | ||||
| EV/FCF Ratio | 13.89 | 8.40 | 33.01 | 59.59 | 136.52 | |
| Debt / Equity Ratio | 1.07 | 1.02 | 1.98 | 1.48 | 2.55 | 3.91 |
| Debt / EBITDA Ratio | 5.09 | 6.72 | 33.53 | |||
| Debt / FCF Ratio | 4.03 | 4.00 | 12.24 | 8.13 | 21.60 | |
| Net Debt / Equity Ratio | 0.24 | 0.14 | 0.36 | 0.12 | 0.57 | 0.99 |
| Net Debt / EBITDA Ratio | 1.25 | 1.01 | 9.66 | -1.27 | -4.11 | -17.54 |
| Net Debt / FCF Ratio | 0.91 | 0.54 | 2.25 | 0.65 | 4.79 | -15.76 |
| Asset Turnover | 0.68 | 0.60 | 0.59 | 0.67 | 0.64 | 0.54 |
| Quick Ratio | 3.50 | 3.91 | 1.76 | 4.97 | 4.68 | 3.53 |
| Current Ratio | 4.15 | 4.51 | 1.95 | 5.53 | 5.17 | 3.92 |
| Return on Equity (ROE) | 7.92% | 5.60% | -2.21% | -19.28% | -36.33% | -21.62% |
| Return on Assets (ROA) | 2.86% | 1.47% | -1.04% | -4.50% | -4.48% | -2.80% |
| Return on Invested Capital (ROIC) | 7.55% | 4.54% | -4.05% | -18.12% | -16.59% | -11.30% |
| Return on Capital Employed (ROCE) | 5.10% | 2.90% | -2.10% | -7.40% | -8.00% | -4.90% |
| Earnings Yield | 1.89% | 2.51% | -0.42% | -1.43% | -1.98% | -0.57% |
| FCF Yield | 7.70% | 12.83% | 3.30% | 1.71% | 0.77% | -0.14% |
| Buyback Yield / Dilution | -5.24% | -18.12% | -3.41% | -3.04% | -3.57% | -5.23% |