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
DateValue
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