FIVN
Five9, Inc.21.51
+0.91+4.42%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
AI details: consumption-based, backlog ramps
Q&A drilled into AI revenue details without tweaking guidance, revealing the $100M enterprise ARR is fully consumption/capacity-based, blending new logos and expansions led by AI Agents and Assist. Backlog—back-end loaded—covers one-third of 2026 growth alongside DBRR stabilizing early then inflecting H2 for two-thirds. Management swatted LLM bypass fears, touting orchestration moats and data flywheels. AI fog lifted; sales cycles shortening amid vertical strength in healthcare, retail, financials. AI margins hit high 70s-80s%, accretive to mix. Q&A reaffirmed the script. Watch H2 ramps.
Key Stats
Market Cap
1.68BP/E (TTM)
56.61Basic EPS (TTM)
0.38Dividend Yield
0%Recent Filings
8-K
Five9 amends Anson pact
Five9 amended its cooperation agreement with Anson on February 17, 2026, committing to nominate board member Sagar Gupta for re-election at the 2026 Annual Meeting while extending Anson's standstill and voting restrictions until mid-2027. The deal permits Anson limited cash-settled swaps up to 9.9% economic exposure. Five9 will reimburse Anson's costs, capped at $50,000. Board stability holds.
10-K
FY2025 results
Five9 grew revenue 10% to $1.1B in FY2025 ended December 31, 2025, versus $1.0B in 2024, flipping to $39M net income from a $13M loss while slowing from 14% growth the prior year. Q4 revenue hit $300M, up sequentially from quarterly averages ~$282M, signaling modest acceleration amid macro headwinds hitting the installed base. Margins expanded as gross profit rose 12% to 55% of revenue, fueled by scale despite higher depreciation and carrier costs; operating expenses held flat year-over-year via RIFs and SBC cuts. Q4 drove $226M operating cash flow. Debt stands at $748M 2029 notes; $100M remains for buybacks. Quarterly results fluctuate with sales timing.
8-K
CEO transition deal finalized
Five9 approved an amended transition agreement for CEO Michael Burkland on January 20, 2026, ahead of Amit Mathradas taking over February 2, 2026. Burkland stays CEO briefly at $585,000 salary, then Chairman until the 2026 annual meeting, followed by one-year consulting at $500/hour. Equity vests through service; board shrinks post-term. Smooth handover secured.
8-K
Five9 names new CEO Mathradas
Five9 appointed Amit Mathradas as CEO and Class III director, effective February 2, 2026, replacing Michael Burkland who stays on the board. Mathradas, ex-CEO of Nintex and COO at Avalara, gets $600K base, $550K sign-on bonus, $12.5M RSUs, and $14M target PRSUs tied to RTSR. New leadership brings tech exec firepower. Repayment claws apply if he bails early.
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