Five9 (FIVN) Research & Development (2013 - 2026)
Five9 (FIVN) posted quarterly Research & Development of $79.5 million for Q1 2026, down 4.06% year-over-year from $82.9 million in Q1 2025, and up 120.17% quarter-over-quarter from $36.1 million in Q4 2025.
Five9 (FIVN) Research & Development (2013 - 2026) Analysis & Trends
Five9 (FIVN) has reported Research & Development for 14 consecutive years, with $79.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 4.06% year-over-year to $79.5 million; the TTM figure through Mar 2026 stood at $231.5 million (up 11.54% YoY), while the FY2025 annual figure was $152.3 million, down 51.17% from the prior year.
- Research & Development rose to $79.5 million in Q1 2026 per FIVN's latest filing, from $36.1 million in the prior quarter.
- Across five years, Research & Development topped out at $82.9 million in Q1 2025 and bottomed at $35.0 million in Q2 2022.
- Historically, Research & Development has averaged $54.1 million across 5 years, with a median of $41.5 million in 2024.
- On a YoY basis, Research & Development climbed as much as 113.02% in 2023 and fell as far as 41.04% in 2023.
- Five9's Research & Development stood at $65.9 million in 2022, then slumped by 41.04% to $38.9 million in 2023, then climbed by 6.71% to $41.5 million in 2024, then decreased by 12.96% to $36.1 million in 2025, then jumped by 120.17% to $79.5 million in 2026.
- Business Quant data shows FIVN's Research & Development at $79.5 million in Q1 2026, $36.1 million in Q4 2025, and $35.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Five9 | 2.44 Bn | 1.79 Bn | 166.74 Mn | 79.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.70 Mn |
| Mar 31, 2026 | 79.49 Mn |
| Dec 31, 2025 | 36.10 Mn |
| Sep 30, 2025 | 35.22 Mn |
| Jun 30, 2025 | 80.67 Mn |
| Mar 31, 2025 | 82.86 Mn |
| Dec 31, 2024 | 41.48 Mn |
| Sep 30, 2024 | 42.48 Mn |
| Jun 30, 2024 | 40.72 Mn |
| Mar 31, 2024 | 81.11 Mn |
| Dec 31, 2023 | 38.87 Mn |
| Sep 30, 2023 | 40.39 Mn |
| Jun 30, 2023 | 39.21 Mn |
| Mar 31, 2023 | 76.31 Mn |
| Dec 31, 2022 | 65.93 Mn |
| Sep 30, 2022 | 67.35 Mn |
| Jun 30, 2022 | 34.99 Mn |
| Mar 31, 2022 | 35.82 Mn |
| Dec 31, 2021 | 53.39 Mn |
| Sep 30, 2021 | 49.71 Mn |