Five9 (FIVN) Research & Development (2013 - 2026)
Five9 (FIVN) reported Research & Development of $39.7 million for Q1 2026, down 3.46% year-over-year from $41.1 million in Q1 2025, and up 9.89% quarter-over-quarter from $36.1 million in Q4 2025.
Five9 (FIVN) Research & Development (2013 - 2026) Analysis & Trends
Five9 (FIVN) has 14 years of Research & Development data on file, last reported at $39.7 million in Q1 2026.
- Research & Development for Q1 2026 came in at $39.7 million, down 3.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $150.9 million (down 8.97% YoY), and the FY2025 annual result was $152.3 million, down 8.34% from the prior year.
- Research & Development improved to $39.7 million in Q1 2026 per FIVN's latest filing, from $36.1 million in the prior quarter.
- Over five years, Research & Development peaked at $42.5 million in Q3 2024 and troughed at $34.1 million in Q3 2022.
- A 5-year average of $38.6 million and a median of $39.2 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development surged 61.95% in 2022, then fell 17.1% in 2025.
- A 5-year view of Research & Development shows it stood at $36.9 million in 2022, then rose by 5.45% to $38.9 million in 2023, then advanced by 6.71% to $41.5 million in 2024, then retreated by 12.96% to $36.1 million in 2025, then grew by 9.89% to $39.7 million in 2026.
- Business Quant data shows FIVN's Research & Development at $39.7 million in Q1 2026, $36.1 million in Q4 2025, and $35.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 150.97 Mn |
| 10 | Five9 | 1.66 Bn | 939.34 Mn | 170.53 Mn | 39.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.68 Mn |
| Dec 31, 2025 | 36.10 Mn |
| Sep 30, 2025 | 35.22 Mn |
| Jun 30, 2025 | 39.91 Mn |
| Mar 31, 2025 | 41.10 Mn |
| Dec 31, 2024 | 41.48 Mn |
| Sep 30, 2024 | 42.48 Mn |
| Jun 30, 2024 | 40.72 Mn |
| Mar 31, 2024 | 41.52 Mn |
| Dec 31, 2023 | 38.87 Mn |
| Sep 30, 2023 | 40.39 Mn |
| Jun 30, 2023 | 39.21 Mn |
| Mar 31, 2023 | 38.11 Mn |
| Dec 31, 2022 | 36.87 Mn |
| Sep 30, 2022 | 34.11 Mn |
| Jun 30, 2022 | 34.99 Mn |
| Mar 31, 2022 | 35.82 Mn |
| Dec 31, 2021 | 30.45 Mn |
| Sep 30, 2021 | 29.68 Mn |
| Jun 30, 2021 | 24.65 Mn |