Earnings Releases·Nov 5, 2026, 4:11 PM ET

Five9 — Third Quarter 2026 Earnings Summary

Q3 2026 revenue rose 13% year-over-year to $323.3 million, driven by 16% growth in subscription revenue and accelerated AI revenue, while GAAP net income declined to $14.5 million ($0.19/share) versus $18.0 million in the prior year period.
Full-year 2026 revenue guidance remains $1.269 billion to $1.275 billion, with Q4 revenue projected at $328.0 million to $334.0 million; guidance excludes the pending Level AI acquisition expected to close in Q4.
The company signed a definitive agreement to acquire Level AI for $325.0 million in cash to expand its AI capabilities and competitive position, while repurchasing $100.0 million of common stock during the first nine months of 2026.
Non-GAAP net income increased to $63.7 million ($0.82/share) and Adjusted EBITDA margin held steady at 25.1%, supported by strong retention rates of 109% for long-term subscriptions and 107% for subscription and telecom.