Nov 5, 4:11 PM ET
Five9 reported third-quarter 2026 results on November 5, 2026. Revenue rose 13% to $323.3 million, while GAAP net income fell to $14.5 million from $18.0 million, and non-GAAP net income per diluted share rose to $0.82 from $0.78. The company also signed a definitive agreement to acquire Level AI for $325.0 million in cash, expected to close in Q4 2026, and its guidance excludes that deal.
- Revenue rose 13% to $323.3 million; GAAP net income was $14.5 million, or $0.19 per diluted share, versus $18.0 million, or $0.21, a year earlier.
- Non-GAAP net income per diluted share was $0.82 versus $0.78; adjusted EBITDA was $81.2 million, or 25.1% of revenue.
- Full-year 2026 revenue guidance is $1.269 to $1.275 billion; fourth-quarter revenue guidance is $328.0 to $334.0 million.
- Level AI acquisition for $325.0 million in cash, expected to close in Q4 2026, subject to customary closing conditions.
Read the filing on SEC.gov ↗
Nov 5, 4:09 PM ET
Five9 entered into a merger agreement on November 5, 2026, to acquire Level AI, with Level AI becoming a wholly owned subsidiary. The cash price is $325.0 million, subject to customary adjustments, and the company says the deal adds AI capabilities and a new way to reach enterprises. Completion depends on customary closing conditions, and the deal is expected to close in 2026.
- Aggregate consideration is $325.0 million in cash, subject to adjustments for Level AI's cash, indebtedness, transaction expenses and net working capital at closing.
- Stockholders of Level AI holding enough voting power to approve the deal have signed support agreements, so no further Level AI stockholder approval is required.
- Either party may terminate if closing has not occurred by February 5, 2027; neither party must pay a termination fee.
- Five9 says the deal is expected to close in 2026, and Centerview Partners LLC is its financial advisor.
Read the filing on SEC.gov ↗
Aug 6, 4:09 PM ET
Five9 reported second quarter 2026 revenue of $312.4 million, up 10% from a year earlier, and GAAP net income of $3.4 million, up from $1.2 million. Non-GAAP net income fell to $53.5 million from $58.3 million, and adjusted EBITDA margin declined to 22.4% from 24.0%. The company also issued third quarter and full-year 2026 revenue guidance.
- Q2 2026 revenue was $312.4 million, up from $283.3 million in Q2 2025.
- GAAP net income was $3.4 million, or $0.04 per diluted share, versus $1.2 million, or $0.01, a year earlier.
- Non-GAAP net income was $53.5 million, or $0.70 per diluted share, versus $58.3 million, or $0.76, a year earlier.
- Guidance: Q3 2026 revenue of $316.0 to $322.0 million; full-year 2026 revenue of $1.260 to $1.272 billion.
Read the filing on SEC.gov ↗
Jun 22, 4:13 PM ET
Five9 and Executive Vice President of Product Engineering Panos Kozanian have mutually agreed to begin a transition of his responsibilities, effective June 29, 2026. He is expected to remain in his EVP role through at least September 4, 2026, reporting to a new Chief Technology Officer to be announced by the end of the second quarter of 2026. The filing reports no financial results, and the departure terms are limited to continued severance plan eligibility.
- Transition of Panos Kozanian's responsibilities effective June 29, 2026
- Kozanian expected to remain EVP of Product Engineering through at least September 4, 2026
- He will report to a new Chief Technology Officer, to be announced by end of Q2 2026
- Eligible for Key Employee Severance Plan benefits as a Tier 3 participant, unless terminated for cause, subject to a standard release
Read the filing on SEC.gov ↗
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