Five9's second quarter 2026 revenue of $312.4M beat estimates driven by a major customer win

Five9 reported second quarter 2026 results that exceeded top and bottom-line expectations, characterized by accelerating subscription momentum and a significant enterprise expansion. The company highlighted its third consecutive quarter of accelerating subscription revenue growth and a landmark nine-figure deal.

Key Highlights

• Revenue grew 10% year-over-year to $312.4 million, surpassing the estimated $306.6 million.
• Subscription revenue increased 14% year-over-year, now representing 83% of total revenue.
• Secured a new customer agreement with approximately $100 million in total contract value (TCV) through the Google Marketplace.
• Non-GAAP EPS reached $0.70, beating the $0.69 analyst estimate.
• LTM subscription dollar-based retention rate remained resilient at 107%.
• Full-year 2026 revenue guidance was set at a midpoint of $1.266 billion, with non-GAAP net income per share expected between $3.22 and $3.30.