Five9 (FIVN) Research & Development (2013 - 2026)
Five9 (FIVN) posted quarterly Research & Development of $39.7 million for Q1 2026, down 3.46% YoY from $41.1 million in Q1 2025, and up 9.89% sequentially from $36.1 million in Q4 2025.
Five9 (FIVN) Research & Development (2013 - 2026) Analysis & Trends
Five9 has disclosed Research & Development across 14 years of filings, most recently posting $39.7 million for Q1 2026.
- In Q1 2026, Research & Development fell 3.46% year-over-year to $39.7 million; the TTM figure through Mar 2026 stood at $150.9 million (down 8.97% YoY), while the FY2025 annual figure was $152.3 million, down 8.34% from the prior year.
- Research & Development grew to $39.7 million in Q1 2026, from $36.1 million in the prior quarter.
- Over the last five years, Research & Development for FIVN reached as high as $42.5 million in Q3 2024 and fell as low as $34.1 million in Q3 2022.
- The 5-year median for Research & Development is $39.2 million (2023), against an average of $38.6 million.
- Annual changes were most pronounced in 2022 — Research & Development surged 61.95% — and 2025, when it fell 17.1%.
- 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.
- According to Business Quant data, Research & Development over the past three periods registered $39.7 million, $36.1 million, and $35.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | Five9 | 1.79 Bn | 1.06 Bn | 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 |