What move does the options market price into Five9's report?

Implied ±11.8%, either direction.

How often does Five9 move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

FIVNNasdaqServices-Computer Processing & Data Preparation

Five9, Inc. (FIVN) earnings date, market-implied expected move, and options open interest by expiry

34.74

−1.03 · −2.87%

Regular session10:07 ET

Open35.20Volume1.4MMkt cap$2.7BP/E45.71EPS0.76

Day34.64 – 35.2018%52-wk13.29 – 40.0080%

FIVN

Five9, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.8%implied · report alone

8Q avg ±11.2%·×1.05·fair

31.5639.98

straddle ±14.6%

spot 35.77exp Nov 20ATM strike 35ATM straddle 6.15IV 98%

Nov 2 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

+19.81%

vs ±14.9% implied · ×1.33

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+7.07%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

295 managers

Top fund weight

0.05%

FIVN weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Five9 (FIVN) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±13.5%
avg realized: ±11.2%

Nov 7 '24Nov 7 '24confirmed±15.0%▲+12.22%×0.82

Feb 20 '25Feb 20 '25confirmed±12.3%▲+0.96%×0.08

May 1 '25May 1 '25confirmed±14.4%▼−1.00%×0.07

Jul 31 '25Jul 31 '25confirmed±12.1%▼−6.00%×0.50

Q3 FY25Nov 6 '25confirmed±14.2%▼−7.89%×0.56

Feb 19 '26Feb 19 '26confirmed±11.2%▲+12.46%×1.11

Q1 FY26Apr 30 '26confirmed±13.6%▲+29.30%×2.16

Q2 FY26Aug 6 '26confirmed±14.9%▲+19.81%×1.33

quarterimplied−30%0+30%realized×

Q2 FY26±14.9%▲+19.81%×1.33

Q1 FY26±13.6%▲+29.30%×2.16

Feb '26±11.2%▲+12.46%×1.11

Q3 FY25±14.2%▼−7.89%×0.56

Jul '25±12.1%▼−6.00%×0.50

May '25±14.4%▼−1.00%×0.07

2 older reports

Feb '25±12.3%▲+0.96%×0.08

Nov '24±15.0%▲+12.22%×0.82

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 2 close

0.25OI · 4 expiries · Nov 2 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

890+56%Nov 2017d3,596+124%

56—Dec 1845d0.29191+607%0.29

8,316+2%Jan 1573d0.3821,8100%0.38

339+73%Apr 16164d0.73463+13%0.73

ExpiryPutsCallsP/C

Nov 2017d890+56%3,596+124%0.25

Dec 1845d56—191+607%0.29

Jan 1573d8,316+2%21,8100%0.38

Apr 16164d339+73%463+13%0.73

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.6%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

1.08%as filednet margin · revenue +2.33% QoQ · +10.30% YoY

Revenue

$312M+2.33% QoQ

Gross profit

$167M−2.22% QoQ

53.37% margin

Operating income

$2M−89.31% QoQ

0.63% margin

Pre-tax income

$4M−79.05% QoQ

Net income

$3M−81.71% QoQ

1.08% margin

Cost of revenue

$146M+8.09% QoQ

Operating expenses

$165M+8.38% QoQ

Marketing $80M

SG&A $43M

R&D $42M

Tax

$941,000−56.25% QoQ

Other income

$2M+12.61% QoQ

Revenue$312M+2.33%

Gross profit

$167M−2.22%

53.37% margin

Operating income

$2M−89.31%

0.63% margin

Pre-tax income

$4M−79.05%

Net income

$3M−81.71%

1.08% margin

Cost of revenue

$146M+8.09%

Operating expenses

$165M+8.38%

Marketing $80M

SG&A $43M

R&D $42M

Other income$2M+12.61%

Tax$941,000−56.25%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 10:00 ET

Intraday

Event sensitivity

NFP ×1.75· ±4.3% vs ±2.5% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±4.3%3 of 10×1.75

PPIproducer prices±2.5%3 of 10×1.02

GDPgross domestic product±2.5%7 of 19×1.02

PCEpersonal income & outlays±2.5%10 of 19×0.99

CPROFcorporate profits±2.2%4 of 12×0.89

FOMCrate decision±2.0%12 of 24×0.80

CPIconsumer prices±1.9%2 of 10×0.76

Bar = avg |move| to ±5% · tick = ±2.5% avg day · ×base = |move| ÷ ±2.5% · min 6 releases

Earnings history

EPS 0.04 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.04	—
Q1 FY26	Apr 30 '26 · confirmed	0.21	—
Q3 FY25	Nov 6 '25 · confirmed	0.21	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod