Five9 Sets $175M Free Cash Flow Target for 2026, Advances AI Platform, and Launches $150M Share Repurchase Program

Five9 has set a target of $175M in free cash flow for 2026 and launched a $150M share repurchase program. The company's Q3 2025 earnings call highlighted continued momentum in bookings, with enterprise AI bookings growing over 80% YoY and subscription revenue increasing 10% YoY. Management emphasized the importance of its AI-driven platform and the growth of subscription revenue, which now accounts for 81% of total revenue.