Five9 (FIVN) financial statements
Five9 reported revenue of $1.1B in fiscal 2025, up 24.3% a year over 9 years.
Net income was $39M and the operating margin 2.5%, against -4.0% in 2016.
Free cash flow was $162M, and the company returned $50M in net buybacks.
The diluted share count rose 68% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Five9's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $162M | $200M | $258M | $328M | $435M | $610M | $779M | $910M | $1.0B | $1.1B |
| Cost of revenue | $67M | $83M | $104M | $135M | $180M | $271M | $368M | $433M | $478M | $516M |
| Gross profit | $95M | $117M | $154M | $193M | $255M | $338M | $411M | $478M | $564M | $633M |
| Research and development | $24M | $27M | $34M | $45M | $69M | $107M | $142M | $157M | $166M | $152M |
| Selling, general and admin | $78M | $96M | $112M | $145M | $198M | $288M | $357M | $420M | $450M | $452M |
| Operating income | -$7M | -$6M | $7M | $3M | -$12M | -$56M | -$88M | -$99M | -$51M | $29M |
| Interest expense | $4M | $3M | $10M | $14M | $28M | $8M | $7M | $8M | $15M | $14M |
| Pre-tax income | -$12M | -$9M | $79,000 | -$4M | -$45M | -$64M | -$90M | -$79M | -$13M | $45M |
| Income tax | $54,000 | $268,000 | $300,000 | $104,000 | -$2M | -$11M | $4M | $2M | $40,000 | $6M |
| Net income | -$12M | -$9M | -$221,000 | -$5M | -$42M | -$53M | -$95M | -$82M | -$13M | $39M |
| EPS (diluted) | -$0.23 | -$0.16 | $0.00 | -$0.08 | -$0.66 | -$0.79 | -$1.35 | -$1.13 | -$0.17 | $0.45 |
| Diluted shares | 52M | 55M | 58M | 60M | 64M | 68M | 70M | 72M | 75M | 88M |
| Gross margin | 58.7% | 58.5% | 59.6% | 59.0% | 58.5% | 55.5% | 52.8% | 52.5% | 54.2% | 55.1% |
| Operating margin | -4.0% | -2.9% | 2.7% | 1.0% | -2.8% | -9.2% | -11.2% | -10.8% | -4.9% | 2.5% |
| Net margin | -7.3% | -4.5% | -0.1% | -1.4% | -9.7% | -8.7% | -12.2% | -9.0% | -1.2% | 3.4% |
Balance sheet
Fiscal years, from Five9's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $58M | $69M | $292M | $320M | $604M | $470M | $614M | $730M | $1.0B | $697M |
| Receivables | $14M | $19M | $25M | $38M | $49M | $84M | $87M | $97M | $115M | $131M |
| Total current assets | $75M | $93M | $334M | $381M | $689M | $617M | $779M | $924M | $1.2B | $960M |
| Property, plant and equipment | $15M | $20M | $26M | $33M | $51M | $78M | $101M | $109M | $145M | $165M |
| Goodwill | $12M | $12M | $12M | $12M | $165M | $165M | $165M | $227M | $365M | $366M |
| Total assets | $105M | $128M | $395M | $482M | $1.1B | $1.2B | $1.2B | $1.5B | $2.1B | $1.8B |
| Total current liabilities | $34M | $40M | $48M | $66M | $104M | $158M | $151M | $167M | $642M | $213M |
| Long-term debt | $33M | $33M | $197M | — | — | — | — | — | — | — |
| Total liabilities | $75M | $81M | $252M | $286M | $785M | $982M | $935M | $956M | $1.4B | $1.0B |
| Shareholders' equity | $30M | $47M | $143M | $196M | $279M | $211M | $310M | $538M | $622M | $786M |
| Net debt | -$24M | -$36M | $115M | -$78M | -$220M | -$91M | -$181M | -$143M | -$363M | -$232M |
Cash flow
Fiscal years, from Five9's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7M | $11M | $39M | $51M | $67M | $29M | $89M | $129M | $143M | $226M |
| Capital spending | $1M | $3M | $9M | $19M | $30M | $42M | $56M | $41M | $65M | $64M |
| Free cash flow | $6M | $8M | $29M | $32M | $37M | -$13M | $33M | $88M | $79M | $162M |
| Stock-based compensation | $10M | $15M | $28M | $42M | $65M | $109M | $173M | $206M | $166M | $148M |
| Share buybacks (net) | — | — | — | — | — | — | — | $0 | $0 | -$50M |
| Free cash flow margin | 3.5% | 4.2% | 11.4% | 9.8% | 8.5% | -2.2% | 4.2% | 9.7% | 7.5% | 14.1% |
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Open FIVN in InvestinglyQuestions
What was Five9's revenue in 2025?
$1.1B in fiscal 2025, from its 10-K filing.
How much free cash flow does Five9 generate?
$162M in fiscal 2025 (operating cash flow minus capital spending).
From Five9's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.