---
schema_version: "secwatch.filing_event.v1"
accession: "0001288847-23-000075"
form_type: "8-K"
ticker: "FIVN"
cik: "0001288847"
company_name: "Five9, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T20:53:52.476688+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Five9 reports Q1 revenue up 20% to record $218.4M; non-GAAP EPS $0.41 vs $0.22 YoY

## Summary
- GAAP net loss narrowed to $(27.2)M ($0.38 loss/share) from $(34.1)M ($0.49 loss) YoY.
- Non-GAAP net income rose to $29.4M ($0.41 diluted EPS) from $15.6M ($0.22) YoY.
- Record GAAP operating cash flow of $33.4M vs $28.7M YoY; adjusted EBITDA $35.1M (16.1% of revenue).
- LTM enterprise subscription revenue grew 31% YoY; LTM international revenue grew 48% YoY.
- Adjusted gross margin 60.4% vs 60.5% YoY; GAAP gross margin improved to 52.0% from 51.4%.

## SEC filing metadata
- accession: 0001288847-23-000075
- form_type: 8-K
- ticker: FIVN
- cik: 0001288847
- company_name: Five9, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288847/000128884723000075/0001288847-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288847/000128884723000075/fivn-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001288847-23-000075
- JSON: https://secwatch.observer/filing/0001288847-23-000075.json
- Plain text: https://secwatch.observer/filing/0001288847-23-000075.txt

## Key facts
- Earnings Releases
  Five9, Inc. reported the first quarter ended March 31, 2023 results: revenue $218.4 million, net income $(27.2) million, EPS $(0.38) per basic share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $218.4 million
  - Net income: $(27.2) million
  - EPS: $(0.38) per basic share
  - Result: reported results
  source text: First Quarter 2023 Financial Results • Revenue for the first quarter of 2023 increased 20% to a record $218.4 million, compared to $182.8 million for the first quarter of 2022. • GAAP gross margin was 52.0% for the first quarter of 2023, compared to 51.4% for the first quarter of 2022. • Adjusted gross margin was 60.4% for the first quarter of 2023, compared to 60.5% for the first quarter of 2022. • GAAP net loss for the first quarter of 2023 was $(27.2) million, or $(0.38) per basic share, and (12.5)% of revenue, compared to GAAP net loss of $(34.1) million, or $(0.49) per basic share, and (18.7)% of revenue, for the first quarter 2022. • Non-GAAP net income for the first quarter of 2023 was $29.4 million, or $0.41 per diluted share, and 13.5% of revenue, compared to non-GAAP net income of $15.6 million, or $0.22 per diluted share, and 8.6% of revenue, for the first quarter of 2022. • Adjusted EBITDA for the first quarter of 2023 was $35.1 million, or 16.1% of revenue, compared to $24
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288847/000128884723000075/0001288847-23-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.