Five9 (FIVN) Research & Development (2013 - 2026)
Five9's Research & Development came in at $42.07 million for Q2 2026, up 5.4% from $39.91 million a year earlier and up 6.0% from the prior quarter.
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Analysis
Five9 (FIVN) Research & Development (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Five9 reported Research & Development of $153.07 million, down 7.2% year-over-year; for FY2025, it came in at $152.33 million, down 8.3% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $166.2 million in FY2024 (+6.1%), $156.58 million in FY2023 (+10.4%), $141.79 million in FY2022 (+32.6%) and $106.9 million in FY2021 (+55.5%).
- The Q2 2026 figure represents the highest quarterly Research & Development since Q3 2024.
- Year-over-year, Research & Development increased in three of the last eight quarters, with an average decline of 2.4%.
- The fastest year-over-year change in Research & Development over five years came in Q3 2021 (growth of 67.9%), and the weakest in Q3 2025 (a decline of 17.1%).
- Business Quant data shows FIVN's Research & Development at $39.68 million (Q1 2026), $36.1 million (Q4 2025) and $35.22 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 759.82 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 273.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 464.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 167.33 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 200.30 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 82.80 Mn |
| 10 | Five9 | 2.59 Bn | -161.10 Mn | 166.74 Mn | 42.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.07 Mn |
| 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 |
API Access
Five9 Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=FIVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FIVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=FIVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();