Five9 Reports Q3 2026 Results with Strong AI Revenue Growth and Level AI Acquisition
Five9 (FIVN) reported third-quarter revenue of $323.3 million, a 13% year-over-year increase driven by robust subscription performance and rapid AI adoption. A key highlight was the company's AI revenue, which reached $45 million—a 91% surge compared to the previous year—now accounting for 17% of total subscription revenue. The company also announced the $325 million cash acquisition of Level AI to accelerate its product roadmap and expand standalone AI capabilities. Despite strong top-line growth and an increased full-year revenue guidance, Five9 lowered its full-year non-GAAP EPS guidance due to organizational changes and higher share counts. Management noted that while the current momentum in AI deployments is significant, it may create challenging year-over-year comparisons for 2027. The company maintains a strong liquidity position with $698 million in cash and investments.
Tickers: $FIVN
Topics: AI Adoption CCaaS M&A Revenue Growth Subscription Revenue