Five9 (FIVN) Research & Development (2013 - 2026)
Five9's (FIVN) quarterly Research & Development came in at $79.7 million in Q2 2026, down 1.2% year-over-year from $80.7 million in Q2 2025, and little changed quarter-over-quarter from $79.5 million in Q1 2026.
Analysis
Five9 (FIVN) Research & Development (2013 - 2026) Analysis & Trends
Five9 (FIVN) has reported Research & Development for 14 consecutive years, with $79.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 1.2% year-over-year to $79.7 million in Q2 2026; TTM through Jun 2026 was $307.5 million, a 2.71% decrease from a year earlier, with the FY2025 full-year figure at $311.8 million, changed 0.04% from the prior year.
- Research & Development was $79.7 million for Q2 2026 at Five9, roughly flat from $79.5 million in the prior quarter.
- Over five years, Research & Development peaked at $82.9 million in Q1 2025 and troughed at $64.1 million in Q2 2022.
- A 5-year average of $74.5 million and a median of $75.2 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 44.22% in 2022 and dropped 8.85% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $65.9 million in 2022, then rose by 10.66% to $73.0 million in 2023, then increased by 1.29% to $73.9 million in 2024, then climbed by 3.71% to $76.6 million in 2025, then grew by 4.0% to $79.7 million in 2026.
- The last three Research & Development figures came in at $79.7 million (Q2 2026), $79.5 million (Q1 2026), and $76.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 273.32 Mn |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | 330.52 Mn |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 385.54 Mn |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 274.91 Mn |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 79.70 Mn |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | 37.34 Mn |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 13.50 Mn |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 22.43 Mn |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | 15.40 Mn |
| 10 | 8X8 | 256.05 Mn | 161.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.70 Mn |
| Mar 31, 2026 | 79.49 Mn |
| Dec 31, 2025 | 76.64 Mn |
| Sep 30, 2025 | 71.66 Mn |
| Jun 30, 2025 | 80.67 Mn |
| Mar 31, 2025 | 82.86 Mn |
| Dec 31, 2024 | 73.90 Mn |
| Sep 30, 2024 | 78.62 Mn |
| Jun 30, 2024 | 78.33 Mn |
| Mar 31, 2024 | 81.11 Mn |
| Dec 31, 2023 | 72.96 Mn |
| Sep 30, 2023 | 73.37 Mn |
| Jun 30, 2023 | 74.08 Mn |
| Mar 31, 2023 | 76.31 Mn |
| Dec 31, 2022 | 65.93 Mn |
| Sep 30, 2022 | 67.35 Mn |
| Jun 30, 2022 | 64.10 Mn |
| Mar 31, 2022 | 64.61 Mn |
| Dec 31, 2021 | 53.39 Mn |
| Sep 30, 2021 | 49.71 Mn |