Five9 (FIVN) Gross Margin (2013 - 2026)
Five9's (FIVN) quarterly Gross Margin came in at 53.37% in Q2 2026, down 149.0% year-over-year from 108.91% in Q2 2025, and down 4.45% quarter-over-quarter from 55.85% in Q1 2026.
Analysis
Five9 (FIVN) Gross Margin (2013 - 2026) Analysis & Trends
Five9 (FIVN) has reported Gross Margin for 14 consecutive years, with 53.37% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 149.0% year-over-year to 53.37% in Q2 2026; TTM through Jun 2026 was 54.91%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 55.07%, up 91.0% from the prior year.
- Gross Margin was 53.37% for Q2 2026 at Five9, down from 55.85% in the prior quarter.
- Over five years, Gross Margin peaked at 55.98% in Q4 2024 and troughed at 51.38% in Q1 2022.
- A 5-year average of 53.72% and a median of 53.52% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 525 bps in 2022 and jumped 304 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 53.78% in 2022, then slipped by 2 bps to 52.94% in 2023, then gained by 6 bps to 55.98% in 2024, then decreased by 1 bps to 55.43% in 2025, then slipped by 4 bps to 53.37% in 2026.
- The last three Gross Margin figures came in at 53.37% (Q2 2026), 55.85% (Q1 2026), and 55.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 48.42% |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | 77.16% |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 64.21% |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 71.89% |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 53.37% |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | 35.72% |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 79.98% |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 61.26% |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | 63.67% |
| 10 | 8X8 | 256.05 Mn | 161.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.37% |
| Mar 31, 2026 | 55.85% |
| Dec 31, 2025 | 55.43% |
| Sep 30, 2025 | 55.03% |
| Jun 30, 2025 | 54.86% |
| Mar 31, 2025 | 54.96% |
| Dec 31, 2024 | 55.98% |
| Sep 30, 2024 | 53.85% |
| Jun 30, 2024 | 53.03% |
| Mar 31, 2024 | 53.63% |
| Dec 31, 2023 | 52.94% |
| Sep 30, 2023 | 51.73% |
| Jun 30, 2023 | 53.18% |
| Mar 31, 2023 | 52.04% |
| Dec 31, 2022 | 53.78% |
| Sep 30, 2022 | 52.55% |
| Jun 30, 2022 | 53.41% |
| Mar 31, 2022 | 51.38% |
| Dec 31, 2021 | 54.05% |
| Sep 30, 2021 | 56.50% |