Five9's stock soared 20.70% in after-hours trading following the release of its first-quarter 2026 financial results, which significantly exceeded market expectations.
The intelligent CX platform reported quarterly revenue of $305.3 million, a 9% year-over-year increase that beat analyst estimates. The company's adjusted earnings per share of $0.76 also surpassed the consensus forecast. A significant swing to a GAAP net income of $18.4 million, compared to $0.6 million a year earlier, and a strong 13% growth in subscription revenue were key drivers behind the positive investor sentiment.
Further bolstering the share price was the announcement of a new $200 million share repurchase program, including a planned $90 million accelerated share repurchase. The company also provided full-year revenue guidance of $1.254 billion to $1.266 billion, reflecting confidence in its business trajectory despite acknowledging ongoing macroeconomic challenges.