Five9 Inc. (FIVN) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, FIVN scores 64 out of 100 (grade C, "Roarable Hold — Fair / Balanced Risk-Reward"). The five pillars are:

• Fundamental Cash Engine: 10 / 20. Per the RQD rating, ROIC is 4.1% and FCF yield is 7.2%. This is the weakest pillar relative to its weight, suggesting that the business converts capital into returns at a modest level even as it generates cash.
• Whale 13F Flow: 17 / 20. Per the RQD rating, this pillar reflects institutional accumulation and options positioning. It is the strongest pillar and is the main source of support for the overall score.
• Insider Conviction: 12 / 20. Per the RQD rating, this pillar reflects SEC Form 4 and Congressional PTR cluster flow at a moderate level.
• Macro Regime Fit: 11 / 20. Per the RQD rating, beta is 1.0 and sector sensitivity is a factor. The score indicates a neutral-to-slightly-negative fit with the current macro regime.
• Forensic Balance Sheet: 14 / 20. Per the RQD rating, Altman Z is 2.57, Piotroski F is 8/9, and Debt/Equity is 0.5. This is a relative strength.

For a prospective investor, the profile is mixed. Institutional positioning and balance sheet quality provide support, while low ROIC, a modest macro fit, and moderate insider conviction limit the score. Per the market data, the P/E (TTM) of 70.9 and EV/EBITDA of 51.2 indicate a valuation that prices in substantial future earnings growth, which is a tradeoff against the cash-yield and return metrics. The RQD verdict of "Hold" reflects this balance rather than a directional call.

Five9 Inc. (FIVN) is a NASDAQ-listed issuer in the Technology sector, within the EDP Services industry, per the company profile. Per the market data, the company reports a gross margin of 55.1%, an operating margin of 2.5%, and a net margin of 3.4%. The source data does not provide a detailed description of its products, customers, or revenue model.

Per the SEC financials, revenue grew from $910.5M (FY 2023) to $1149.1M (FY 2025), and operating income moved from $-98.6M to $28.9M over the same span. Per the market data, ROIC is 4.1%. Per the RQD rating, the Altman Z-Score is 2.57 and the Piotroski F-Score is 8/9, with Debt/Equity at 0.5. The source data does not provide a reported debt figure for any period, so the balance sheet posture is characterized only by the RQD sub-metrics.

Per the recent news and catalysts section, the feed contains five items, each tagged to FIVN:

• A Yahoo Finance report headlined "Five9 (FIVN) Stock Looks About Right On Fresh Gartner Leader Recognition" (YELLOW, MARKET WIRE).
• A StockInvest.us forecast piece on whether to buy FIVN (YELLOW, MARKET WIRE).
• A Yahoo Finance report on Q2 earnings in the context of video conferencing peers (YELLOW, MARKET WIRE).
• A Globe and Mail report that RBC Capital issued a buy on FIVN (YELLOW, MARKET WIRE).
• A Simply Wall St forecast and analyst predictions piece (YELLOW, MARKET WIRE).
• A GuruFocus report that shares fell 3.1% with a GF Score of 82 (RED, RISK WATCH).

Per the Butterfly Supply-Chain Graph, a proprietary LIQUIDITY_TAILWIND signal is flagged at severity 80 with a BEARISH direction. The graph assigns a Macro Tailwind Score of 30/100, reflects a True Net Liquidity Index of $5,745.73B (-0.64% 4-week RoC), and estimates a 1.84x net liquidity beta for FIVN. This signal points to meaningful sensitivity to liquidity conditions, and the current reading is unfavorable.

Per the Butterfly Supply-Chain Graph, supply chain is listed as "NONE" and there are no butterfly links. The source data therefore does not identify upstream suppliers, downstream customers, or specific sector correlations. The one available ripple channel is liquidity: per the graph, the 1.84x net liquidity beta means that tightening in aggregate liquidity conditions could transmit disproportionately to FIVN. Investors should monitor liquidity indicators as a second-order driver, while recognizing that the source data does not quantify the supply-chain exposure.

• What is the company's reported debt level in any period, given that the financials show N/A for debt?
• What drove the swing from a $-81.8M net loss in FY 2023 to $39.4M in FY 2025, and how much is recurring?
• What is the composition of the 1.84x liquidity beta, and how stable is the r = +0.19 correlation?
• Who are the company's principal customers and suppliers, given the supply chain is recorded as NONE?
• What explains the disparity between a 70.9 trailing P/E and 0.53 EPS, and how do the GuruFocus GF Score and RBC rating fit into the valuation picture?