Five9 Inc
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
FIVN$27.75-3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $1,041,938 | $910,488 | $778,846 |
| Cost of revenue | 477,540 | 432,690 | 367,501 |
| Gross profit | 564,398 | 477,798 | 411,345 |
| Operating expenses: | |||
| Research and development | 166,197 | 156,582 | 141,794 |
| Sales and marketing | 311,954 | 296,713 | 261,990 |
| General and administrative | 137,550 | 123,079 | 95,143 |
| Total operating expenses | 615,701 | 576,374 | 498,927 |
| Loss from operations | (51,303) | (98,576) | (87,582) |
| Other income (expense), net: | |||
| Interest expense | (14,812) | (7,646) | (7,493) |
| Gain on early extinguishment of debt | 6,615 | — | — |
| Interest income and other | 46,745 | 26,799 | 4,813 |
| Total other income (expense), net | 38,548 | 19,153 | (2,680) |
| Loss before income taxes | (12,755) | (79,423) | (90,262) |
| Provision for income taxes | 40 | 2,341 | 4,388 |
| Net loss | $(12,795) | $(81,764) | $(94,650) |
| Net loss per share: | |||
| Basic and diluted | $(0.17) | $(1.13) | $(1.35) |
| Shares used in computing net loss per share: | |||
| Basic and diluted | 74,503 | 72,048 | 69,920 |
| Comprehensive Loss: | |||
| Net loss | $(12,795) | $(81,764) | $(94,650) |
| Other comprehensive income (loss) | 54 | 3,270 | (2,401) |
| Comprehensive loss | $(12,741) | $(78,494) | $(97,051) |
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