Why Was FIVN Stock Down on Tuesday?
AI-generated explanation by Rhea-AI. How Rhea-AI works. Not financial advice.
What Changed
Price Move History
- Daily moves over 5%
- 49 252 sessions, November 10, 2025 to November 10, 2026
- Largest daily move
- +29.3% close of May 1, 2026
- 1-year change
- +33.7% closing prices, November 10, 2025 to November 10, 2026
- 1-month change
- -23.8% closing prices, October 9, 2026 to November 10, 2026
Company Description
Five9, Inc. (Nasdaq: FIVN) is a technology company in the information sector that focuses on data processing, hosting, and related services for customer engagement. According to company materials, Five9 is the provider of the Five9 Intelligent CX Platform, a cloud-native contact center platform designed to help organizations orchestrate customer experiences across channels. The platform is described as AI-driven and is used by thousands of organizations and partners worldwide to support customer service, sales, and broader customer experience (CX) operations.
The company states that the Five9 Intelligent CX Platform is cloud-native, multi-tenant, scalable, reliable, and secure. It includes contact center capabilities, omni-channel engagement, Workforce Engagement Management, and extensibility through an ecosystem of more than 1,000 partners. Five9 also highlights the role of AI, automation, and journey analytics that are embedded as part of the platform to help organizations orchestrate what it calls fluid customer experiences.
Five9 emphasizes that it empowers organizations to create hyper-personalized and effortless AI-driven customer experiences that are intended to deliver better business outcomes. These experiences are powered by Five9 Genius AI, which is positioned as the AI layer within the Intelligent CX Platform. Company descriptions repeatedly note that the platform is trusted by 3,000+ customers and 1,400+ partners globally, underscoring Five9’s focus on serving a broad base of enterprises and partners.
Business focus and platform capabilities
Five9 describes itself as a provider of an Intelligent CX Platform that brings together contact center functionality, omni-channel engagement, and AI. Earlier descriptions of the business note that Five9 offers cloud-native contact center software that enables digital customer service, sales, and marketing engagement. Its Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified contact-center-as-a-service (CCaaS) platform.
Modules referenced in company descriptions include digital self-service, agent assist technology, workflow automation, and workforce optimization solutions that are intended to optimize call center efficiency and manage interaction quality and agent performance. More recent materials expand on this by describing a suite of AI-powered innovations under the Five9 Genius AI umbrella, which extend across routing, quality management, and analytics.
Among the AI-related capabilities the company has highlighted are:
- Agentic Quality Management (AQM), described as a next-generation quality management solution that can be configured to evaluate up to 100% of customer interactions and provide performance data to support routing decisions, coaching, and continuous improvement initiatives.
- Genius Routing, a dynamic matching engine that helps connect customers with agents based on defined attributes, agent characteristics, and proficiency levels, with an API-driven design that accepts real-time inputs from AI performance management and self-service applications.
- OneVUE, a unified reporting and analytics application that offers self-service and customizable dashboards and builds on prior data aggregation capabilities. It is described as providing flexible metrics and visualization options for AI-enhanced contact centers and supporting visibility across traditional operations and multi-vendor environments.
- Adaptive Digital Engagement, a digital engagement solution that evolves as AI capabilities expand, including a Dynamic Web Messenger Configurator for real-time webchat experiences without coding and a partnership that brings native WhatsApp integration with embedded templates, broadcasts, and AI Agents.
These capabilities reflect Five9’s emphasis on using AI as a connective layer across the CX environment, integrating data, people, and processes to support more efficient and meaningful customer interactions.
AI partnerships and ecosystem
Five9 positions partnerships as an important part of its platform strategy. The company has announced an expanded partnership with Google Cloud and a joint Enterprise CX AI solution that combines the Five9 AI-infused Intelligent CX Platform with Google Cloud’s Gemini Enterprise for Customer Experience and other AI services, including Gemini models and Google Cloud’s Vertex AI platform. This integrated solution is described as aiming to deliver intelligent, personalized, and seamless interactions across channels, and to provide a unified experience for agents, supervisors, and administrators by uniting contact center workflows, analytics, and AI assistance.
Five9 also notes that customers and partners can purchase Five9 through Google Cloud Marketplace, which allows them to benefit from ease of procurement and consolidated billing, and to apply purchases against Google Cloud spend commitments. In addition, Five9 has indicated that it is deepening its own use of Google Cloud’s AI infrastructure by running key internal enterprise workloads on Google Cloud and using Gemini Enterprise to support functions such as sales, legal operations, customer success, and business operations management.
The company further references a partnership with Meta to bring native WhatsApp integration into its Adaptive Digital Engagement offering, as well as a broad ecosystem of more than 1,000 partners that extend the platform. Five9 highlights that its platform can be used across multiple industries, and specific examples in company communications mention sectors such as retail, financial services, and healthcare.
Customer base and industry recognition
Five9 reports that its Intelligent CX Platform is used by more than 3,000 organizations worldwide, supported by 1,400+ partners. Company communications reference customers and partners that have used Five9 technology to support customer experiences and contact center transformation, including organizations in finance, retail, healthcare, and other sectors.
In one independent assessment cited by the company, Five9 was named a Leader in the IDC MarketScape: European Contact Center as a Service 2025 Vendor Assessment. The IDC MarketScape commentary, as quoted by Five9, notes that Five9 has an established position in Europe and continues to expand to other countries in Europe, the Middle East and Africa, and the Asia-Pacific region. The assessment also highlights Five9’s GenAI-powered multilingual omni-channel customer engagement capabilities and its focus on industry-specific compliance, which the commentary suggests positions Five9 as a suitable provider in areas such as the finance industry.
Five9 uses the term Agentic CX to describe its vision of AI and automation working alongside humans to anticipate needs, take action, and deliver outcomes in real time. Company statements emphasize that its customers have used the platform to pursue goals such as reducing call abandonment, improving customer satisfaction metrics, modernizing self-service, and scaling secure engagement across large customer bases.
Corporate profile and governance
Five9, Inc. is incorporated in Delaware and its common stock trades on Nasdaq under the symbol FIVN. The company has disclosed a series of governance and leadership developments through its filings with the U.S. Securities and Exchange Commission (SEC). These include board changes, executive appointments, and plans to adjust certain governance structures.
For example, Five9 has reported the appointment of Amit Mathradas as Chief Executive Officer and as a member of the board of directors, with the transition from long-time CEO and Board Chair Michael Burkland described in both SEC filings and company news releases. The company has also disclosed the appointment of Bryan Lee as Chief Financial Officer and Principal Financial Officer, following his prior roles in the finance organization.
In addition, Five9 has outlined plans to declassify its board of directors over time and to remove a supermajority vote threshold from its Certificate of Incorporation, subject to stockholder approval at future annual meetings. These steps are described in SEC filings as intended to transition the board to annual elections and to replace the supermajority vote requirement with a majority vote threshold on certain governance matters.
Capital allocation and financial communications
Five9 communicates its financial performance and capital allocation decisions through periodic earnings releases and accompanying SEC filings. In one such release, the company reported quarterly financial results and described itself as the Intelligent CX Platform provider. It has also announced a share repurchase program authorized by its board of directors, including a $150 million share repurchase authorization and a $50 million accelerated share repurchase agreement with a financial institution, as disclosed in both press releases and Form 8-K filings.
The company’s public communications explain that it uses both GAAP and non-GAAP financial measures, with reconciliations provided in its earnings materials. Five9 has also described the use of non-GAAP metrics such as adjusted gross margin, adjusted EBITDA, and non-GAAP net income as tools for understanding what it characterizes as core operating performance, while noting that these measures are supplemental to GAAP results.
Position within the customer experience and CCaaS market
Within the broader context of data processing, hosting, and related services, Five9 focuses on cloud-based contact center and customer experience technology. Company descriptions and third-party assessments cited by Five9 refer to it as a provider in the contact center as a service (CCaaS) market, with particular emphasis on AI-enhanced customer engagement, omni-channel capabilities, and compliance support in regulated industries.
Five9’s communications highlight that many enterprises are seeking unified CX platforms with natively embedded AI, and the company positions its Intelligent CX Platform and Genius AI capabilities as aligned with this shift. Its messaging underscores the role of AI in routing, quality management, analytics, and digital engagement, and frames the platform as a way for organizations to move from pilot AI projects to broader, enterprise-scale utilization in the contact center.
Stock Performance
Five9 (FIVN) closed at $27.75 on November 10, 2026. Over the past 12 months, the price has gained 33.7%.
FIVN Metrics & Rankings
Price returns through November 10, 2026. Month and year figures include the first trading day. Ranking links may use different dates.
Latest News
Five9 has 10 recent news articles, with the latest published yesterday. Of the recent coverage, 3 articles coincided with positive price movement and 6 with negative movement. Key topics include earnings, acquisition, AI, earnings date. View all FIVN news →
SEC Filings
Five9 has filed 10 recent SEC filings, including 3 Form 4, 3 Form SCHEDULE 13G/A, 2 Form 8-K, 1 Form 144. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FIVN SEC filings →
Insider Radar
Insider selling at Five9 over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Five9 generated $1.1B in revenue in FY2025, retaining a 55.1% gross margin, operating income reached $28.9M (2.5% operating margin), and net income was $39.4M, reflecting a 3.4% net profit margin. Diluted earnings per share stood at $0.45. The company generated $226.2M in operating cash flow. The current ratio was 4.51, measuring current assets divided by current liabilities.
Upcoming Events
100,000 call automation target
RSU one-third vesting
Initial RSU vesting
RSU initial vesting
RSU vesting schedule
PRSUs 2-year vesting
RSUs fully vest
PRSUs 3-year vesting
Final RSU vesting
RSU final vesting
Five9 has 10 upcoming scheduled events. The next event, "100,000 call automation target", is expected in 2026. Investors can track these dates to stay informed about potential catalysts that may affect the FIVN stock price.
Short Interest History
Short interest in Five9 (FIVN) currently stands at 10.8 million shares, up 6.2% from the previous reporting period, representing 14.9% of the float. Since November 2025, short interest has increased by 24.7%.
Days to Cover History
Days to cover for Five9 (FIVN) currently stands at 5.8 days, up 63.6% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since November 2025, the figure has increased by 116.9%. Across the settlements charted above, it has ranged from 1.9 to 5.8 days.
FIVN Company Profile & Sector Positioning
Five9 (FIVN) operates in the Software - Infrastructure industry within the broader Technology sector and is listed on the NASDAQ.
Investors comparing FIVN often look at related companies in the same sector, including GigaCloud Technology Inc (GCT), LiveRamp Holdings, Inc. (RAMP), PagSeguro Digital Ltd. (PAGS), Netscout Systems Inc (NTCT), and Payoneer Global Inc. (PAYO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate FIVN's relative position within its industry.
Five9 (Nasdaq: FIVN) released research finding that 44% of consumers encountered healthcare service difficulties that led them to abandon tasks or change providers. Those consumers delayed care, stopped trying to schedule an appointment or resolve a billing issue, or switched providers in the past 12 months because dealing with a provider was difficult, time-consuming or frustrating.
The survey found 85% expect agents to have access to at least some previous interactions and relevant history, while 53% repeat information their provider should already know at least sometimes. Only 46% said their issue was fully handled on the first contact. Comfort with AI varied: 38% accepted it for scheduling or rescheduling, versus 12% for medical advice. Five9 commissioned the survey, conducted by Dynata in September 2026 among 1,000 U.S. consumers aged 18 and older.