Five9 (FIVN) Research & Development (2013 - 2026)
Five9's (FIVN) quarterly Research & Development came in at $79.5 million in Q1 2026, down 4.06% year-on-year from $82.9 million in Q1 2025, and up 120.17% on a QoQ basis 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 $79.5 million in Q1 2026.
- On a quarterly basis, Research & Development fell 4.06% year-over-year to $79.5 million in Q1 2026; TTM through Mar 2026 was $231.5 million, a 11.54% increase from a year earlier, with the FY2025 full-year figure at $152.3 million, down 51.17% from the prior year.
- Research & Development for Q1 2026 stood at $79.5 million, up from $36.1 million in the prior quarter.
- Over the last five years, Research & Development for FIVN reached as high as $82.9 million in Q1 2025 and fell as low as $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.
- Year by year, Research & Development stood at $65.9 million in 2022, then slumped by 41.04% to $38.9 million in 2023, then increased by 6.71% to $41.5 million in 2024, then dropped by 12.96% to $36.1 million in 2025, then soared by 120.17% to $79.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $79.5 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 | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Five9 | 2.08 Bn | 1.36 Bn | 170.53 Mn | 79.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 46.02 Mn |