Five9

Q2 FY2026 EarningsQ2 FY2026 results delivered a beat on both top and bottom lines: revenue of $312.4M exceeded the $306.6M consensus, while Normalized EPS of $0.70 beat the $0.68 expectation. Despite a 10% YoY revenue increase, Adjusted Gross Margin compressed to 61.4%, missing the 62.8% consensus due to higher depreciation and AI-related infrastructure costs. Q3 FY2026 revenue guidance of $316M–$322M and Normalized EPS of $0.77–$0.81 are largely in line with expectations, reflecting steady AI-driven demand tempered by near-term margin headwinds.