Five9 Q2 Revenue Climbs 10%, Full-Year 2026 Guidance Set at $1.26–$1.27B

summarizeSummary

Five9 reported Q2 2026 revenue of $312.4 million, up 10% year-over-year, with subscription revenue growing 14%. The company guided full-year revenue to $1.260–$1.272 billion and announced a ~$100 million total contract value new customer win.

check_boxKey Events · Earnings and Guidance · FIVN

• Q2 Revenue Up 10% to $312.4M

  Driven by a 14% jump in subscription revenue, total revenue rose 10% year-over-year to $312.4 million. GAAP net income reached $3.4 million, or $0.04 per diluted share, compared with $1.2 million a year ago.

• Non-GAAP EPS of $0.70, Adjusted EBITDA $70.1M

  Non-GAAP net income came in at $53.5 million, or $0.70 per diluted share, down from $58.3 million, or $0.76, in Q2 2025. Adjusted EBITDA increased to $70.1 million, though the margin narrowed to 22.4% from 24.0%.

• FY26 Revenue Guidance $1.260–$1.272B

  For the full year 2026, management expects revenue of $1.260–$1.272 billion, GAAP EPS of $0.71–$0.82, and non-GAAP EPS of $3.22–$3.30. Third-quarter revenue is projected at $316–$322 million.

• ~$100M TCV New Customer Win via Google Marketplace

  A nine-figure total contract value agreement was closed through the Google Marketplace, highlighting the breadth of the platform and its market standing.

auto_awesomeAnalysis · FIVN · Technology

Subscription revenue accelerated for a third consecutive quarter, with AI revenue growing even faster, underscoring the company's momentum in AI-driven customer experience. A nine-figure total contract value deal landed through the Google Marketplace, and the launch of Voice AI Agents further strengthened the competitive position. While GAAP profitability improved, non-GAAP margins compressed slightly, and full-year guidance implies a modest deceleration in the second half. Net insider selling over the past 90 days is a watchpoint, but the new customer win and product launches provide positive offsets.