Five9, Inc. has delivered a ~134% six-month price return, driven by accelerating subscription and AI revenue growth. Q2 revenue reached $312.4M (+10% YoY), with subscription revenue up 14% and AI revenue surging 78% to $39M, now 15% of subscriptions. Management raised full-year AI growth guidance to at least 60%, though some Q2 AI revenue was pulled forward from future quarters.
Five9 is leveraging its core CCaaS platform to drive AI agent adoption, evidenced by 78% AI revenue growth and a $100M enterprise win. FIVN's shift to revenue-commitment contracts and consumption-based AI pricing enhances revenue predictability and reduces seat-based revenue risk. AI now comprises 15% of subscription revenue; management raised FY2026 AI growth guidance to at least 60%, highlighting strong adoption momentum.
Five9 (FIVN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Cloud demand and AI adoption are fueling FIVN, FSLY and QLYS, with strong growth and improving earnings estimates.
Five9 NASDAQ: FIVN reported second-quarter 2026 revenue of $312 million, up 10% from a year earlier and above the high end of its guidance range, as accelerating artificial intelligence revenue helped drive subscription growth.
Five9, Inc. (FIVN) Q2 2026 Earnings Call Transcript
Five9 (FIVN) came out with quarterly earnings of $0.7 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.76 per share a year ago.
Five9, Inc. remains a "Buy," supported by new C-suite hires and robust CCaaS industry tailwinds. FIVN is aiming for stable FY26 revenue growth of nearly 10% and further EBITDA margin to above 24%; the new C-suite additions should help it achieve these financial objectives. The CCaaS sector's prospects are promising, considering the ongoing migration from on-premise to cloud contact centers and the ARPU-accretive nature of AI solutions.
Investors interested in Internet - Software stocks are likely familiar with Five9 (FIVN) and Zoom Communications (ZM). But which of these two stocks is more attractive to value investors?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
FIVN, WOOF and SANM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on May 5, 2026.
Five9, Inc. receives a high-risk Buy rating due to discounted valuation, improving cash flow, and accelerating AI-driven subscription revenue growth. FIVN's Q1 2026 revenue beat expectations at $305M (+9% Y/Y), with AI revenue up 68% and now 13% of subscription revenue. Profitability improved: adjusted gross margin 64% (+200 bps Y/Y), adjusted EBITDA $74M (24% margin), and free cash flow $49M (16% margin).