Five9 FIVN
NASDAQ FIVN
$31.25 -2.02 (-6.09%)
As of: Sep 8, 2026 · 3:59 PM EDT

Five9 (FIVN) Research & Development (2013 - 2026)

Five9's (FIVN) quarterly Research & Development came in at $79.7 million in Q2 2026, down 1.2% year-over-year from $80.7 million in Q2 2025, and little changed quarter-over-quarter from $79.5 million in Q1 2026.

Analysis

Five9 (FIVN) Research & Development (2013 - 2026) Analysis & Trends

Five9 (FIVN) has reported Research & Development for 14 consecutive years, with $79.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 1.2% year-over-year to $79.7 million in Q2 2026; TTM through Jun 2026 was $307.5 million, a 2.71% decrease from a year earlier, with the FY2025 full-year figure at $311.8 million, changed 0.04% from the prior year.
  • Research & Development was $79.7 million for Q2 2026 at Five9, roughly flat from $79.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $82.9 million in Q1 2025 and troughed at $64.1 million in Q2 2022.
  • A 5-year average of $74.5 million and a median of $75.2 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 44.22% in 2022 and dropped 8.85% in 2025, its largest moves.
  • Over 5 years, Research & Development stood at $65.9 million in 2022, then rose by 10.66% to $73.0 million in 2023, then increased by 1.29% to $73.9 million in 2024, then climbed by 3.71% to $76.6 million in 2025, then grew by 4.0% to $79.7 million in 2026.
  • The last three Research & Development figures came in at $79.7 million (Q2 2026), $79.5 million (Q1 2026), and $76.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Twilio 34.41 Bn 31.76 Bn 725.87 Mn 273.32 Mn
2 Zoom Communications 28.30 Bn 21.05 Bn 985.50 Mn 330.52 Mn
3 Nice 6.33 Bn 5.97 Bn 995.81 Mn 385.54 Mn
4 RingCentral 5.92 Bn 5.81 Bn 472.31 Mn 274.91 Mn
5 Five9 2.35 Bn 1.70 Bn 166.74 Mn 79.70 Mn
6 Bandwidth 1.40 Bn 1.23 Bn 78.54 Mn 37.34 Mn
7 Consensus Cloud Solutions 666.02 Mn 567.11 Mn 73.07 Mn 13.50 Mn
8 Ooma 629.68 Mn 612.15 Mn 50.99 Mn 22.43 Mn
9 Agora 376.18 Mn 300.33 Mn 25.74 Mn 15.40 Mn
10 8X8 256.05 Mn 161.09 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 79.70 Mn
Mar 31, 2026 79.49 Mn
Dec 31, 2025 76.64 Mn
Sep 30, 2025 71.66 Mn
Jun 30, 2025 80.67 Mn
Mar 31, 2025 82.86 Mn
Dec 31, 2024 73.90 Mn
Sep 30, 2024 78.62 Mn
Jun 30, 2024 78.33 Mn
Mar 31, 2024 81.11 Mn
Dec 31, 2023 72.96 Mn
Sep 30, 2023 73.37 Mn
Jun 30, 2023 74.08 Mn
Mar 31, 2023 76.31 Mn
Dec 31, 2022 65.93 Mn
Sep 30, 2022 67.35 Mn
Jun 30, 2022 64.10 Mn
Mar 31, 2022 64.61 Mn
Dec 31, 2021 53.39 Mn
Sep 30, 2021 49.71 Mn