NASDAQ$FIVN

Five9 Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported revenue growth of 44%.

Five9 reported a record revenue of $143.8 million for the second quarter of 2021, representing a 44% increase compared to the second quarter of 2020. The company's GAAP net loss was $(16.5) million, or $(0.25) per basic share, while non-GAAP net income was $16.0 million, or $0.23 per diluted share.

  • Revenue for Q2 2021 increased 44% to a record $143.8 million.
  • GAAP gross margin was 55.2% for Q2 2021.
  • Non-GAAP net income for Q2 2021 was $16.0 million, or $0.23 per diluted share.
  • Adjusted EBITDA for Q2 2021 was $24.0 million, or 16.7% of revenue.

Headline financials

Total Revenue

$144M

Previous: $99.8M+44.1%
EPS (adj)

$0.23

Previous: $0.21+9.5%
Capital Expenditures

-$19.5M

Previous: -$14.9M-30.8%
Free Cash Flow

-$36M

Previous: -$30.9M-16.4%
Net Income

-$16.5M

Previous: -$16.1M-3.0%
Operating Income

-$14.2M

Previous: -$8.23M-72.5%
Gross Profit

$79.4M

Previous: $57.3M+38.5%
Cash & Equivalents

$175M

Previous: $233M-24.9%
Total Assets

$1.14B

Previous: $993M+14.3%
Stock-Based Comp

$24.9M

Previous: $16.8M+48.3%

Revenue & EPS history

Five9 · Revenue · Quarterly

$144M

Q2 2021+44.1%vs Q2 2020
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

Given the announcement made on July 18, 2021 regarding Five9’s entry into a definitive agreement to be acquired by Zoom Video Communications, Inc., the Company will not be providing financial guidance for the third quarter or full year 2021. The Company’s previously issued full year financial guidance should no longer be relied upon.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+3.9%

Avg return

Earnings day

+3.8%

Avg return

5 days after

+5.1%

Avg return

30 days after

58%

28 / 48 earnings

Positive

+29.4%

Q2 2018

Best reaction

-24.4%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+29.2%+27.3%+41.6%
Q4 2025+12.6%+3.9%-9.6%
Q3 2025-7.9%-2.6%-4.1%
Q1 2025-1.3%+0.4%+5.7%
Q4 2024+1.0%-9.0%-27.7%
Q3 2024+17.0%+24.7%+34.9%
Q2 2024-24.4%-22.9%-30.7%
Q1 2024-0.6%-3.1%-19.7%
Q4 2023-13.6%-11.0%-14.6%
Q3 2023+13.7%+16.6%+42.9%
Q2 2023-13.2%-12.4%-10.0%
Q1 2023-1.8%-3.1%+24.2%
Q4 2022-6.4%-13.5%-20.2%
Q3 2022+8.9%+27.8%+29.9%
Q2 2022+13.4%+17.8%+5.2%
Q1 2022+9.1%+13.4%+1.1%
Q4 2021-6.3%-3.8%-7.0%
Q3 2021+12.4%+8.6%-4.0%
Q2 2021-0.7%+1.5%-7.9%
Q1 2021+4.7%-4.0%-1.3%
Q4 2020-6.5%-2.7%-16.8%
Q3 2020+5.8%+4.0%+5.4%
Q2 2020+7.0%+2.0%+5.2%
Q1 2020+4.6%+13.8%+9.8%
Q4 2019-2.4%-6.0%-18.7%
Q3 2019+8.8%+9.4%+20.4%
Q2 2019+16.6%+12.4%+28.0%
Q1 2019-7.3%-3.9%-3.2%
Q4 2018-5.1%-2.3%+4.1%
Q3 2018+15.5%+12.2%+9.1%
Q2 2018+29.4%+26.5%+40.4%
Q1 2018+10.5%+7.6%+18.8%
Q4 2017+13.3%+11.4%+13.1%
Q3 2017+1.1%-0.7%-8.1%
Q2 2017-1.3%-2.0%-1.2%
Q1 2017+10.2%+8.1%+28.1%
Q4 2016-1.3%-1.9%+7.3%
Q3 2016-2.9%-4.3%+4.8%
Q2 2016+1.2%+7.5%+25.5%
Q1 2016+3.5%
Q4 2015+3.7%
Q3 2015+25.3%
Q2 2015+4.7%
Q1 2015-0.7%
Q4 2014+0.3%
Q3 2014+19.5%
Q2 2014-9.0%
Q1 2014-1.0%
Q2 2013
Q4 2012
Q3 2012

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