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Side-by-side financial comparison of Five9, Inc. (FIVN) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

Five9, Inc. is the larger business by last-quarter revenue ($300.3M vs $187.0M, roughly 1.6× National Storage Affiliates Trust). On growth, Five9, Inc. posted the faster year-over-year revenue change (7.8% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $77.3M). Over the past eight quarters, Five9, Inc.'s revenue compounded faster (10.3% CAGR vs -2.4%).

Five9, Inc. is a leading global provider of cloud-native contact center software and solutions. It serves enterprises of all sizes across retail, healthcare, financial services, and technology sectors, offering omnichannel customer engagement tools, AI-powered automation, workforce management, and analytics to boost customer experience and operational efficiency.

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

FIVN vs NSA — Head-to-Head

Bigger by revenue
FIVN
FIVN
1.6× larger
FIVN
$300.3M
$187.0M
NSA
Growing faster (revenue YoY)
FIVN
FIVN
+9.4% gap
FIVN
7.8%
-1.6%
NSA
More free cash flow
NSA
NSA
$222.5M more FCF
NSA
$299.8M
$77.3M
FIVN
Faster 2-yr revenue CAGR
FIVN
FIVN
Annualised
FIVN
10.3%
-2.4%
NSA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FIVN
FIVN
NSA
NSA
Revenue
$300.3M
$187.0M
Net Profit
$22.9M
Gross Margin
55.4%
72.5%
Operating Margin
6.6%
20.2%
Net Margin
12.2%
Revenue YoY
7.8%
-1.6%
Net Profit YoY
36.8%
EPS (diluted)
$0.22
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FIVN
FIVN
NSA
NSA
Q4 25
$300.3M
$187.0M
Q3 25
$285.8M
$188.7M
Q2 25
$283.3M
$188.8M
Q1 25
$279.7M
$188.4M
Q4 24
$278.7M
$190.1M
Q3 24
$264.2M
$193.6M
Q2 24
$252.1M
$190.4M
Q1 24
$247.0M
$196.1M
Net Profit
FIVN
FIVN
NSA
NSA
Q4 25
$22.9M
Q3 25
$18.0M
$18.4M
Q2 25
$1.2M
$19.5M
Q1 25
$576.0K
$13.0M
Q4 24
$16.7M
Q3 24
$-4.5M
$18.7M
Q2 24
$-12.8M
$17.1M
Q1 24
$-7.1M
$59.0M
Gross Margin
FIVN
FIVN
NSA
NSA
Q4 25
55.4%
72.5%
Q3 25
55.0%
70.7%
Q2 25
54.9%
70.5%
Q1 25
55.0%
70.7%
Q4 24
56.0%
72.5%
Q3 24
53.8%
72.8%
Q2 24
53.0%
72.6%
Q1 24
53.6%
72.1%
Operating Margin
FIVN
FIVN
NSA
NSA
Q4 25
6.6%
20.2%
Q3 25
5.6%
15.8%
Q2 25
-0.6%
16.5%
Q1 25
-1.9%
11.0%
Q4 24
1.5%
14.5%
Q3 24
-5.8%
15.8%
Q2 24
-7.7%
17.2%
Q1 24
-8.4%
48.9%
Net Margin
FIVN
FIVN
NSA
NSA
Q4 25
12.2%
Q3 25
6.3%
9.8%
Q2 25
0.4%
10.3%
Q1 25
0.2%
6.9%
Q4 24
8.8%
Q3 24
-1.7%
9.7%
Q2 24
-5.1%
9.0%
Q1 24
-2.9%
30.1%
EPS (diluted)
FIVN
FIVN
NSA
NSA
Q4 25
$0.22
$0.23
Q3 25
$0.21
$0.17
Q2 25
$0.01
$0.19
Q1 25
$0.01
$0.10
Q4 24
$0.16
$0.19
Q3 24
$-0.06
$0.18
Q2 24
$-0.17
$0.16
Q1 24
$-0.10
$0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FIVN
FIVN
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$232.1M
$23.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$785.8M
$946.0M
Total Assets
$1.8B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIVN
FIVN
NSA
NSA
Q4 25
$232.1M
$23.3M
Q3 25
$193.4M
$26.3M
Q2 25
$205.5M
$26.1M
Q1 25
$370.3M
$19.3M
Q4 24
$362.5M
$50.4M
Q3 24
$291.0M
$69.9M
Q2 24
$175.7M
$59.0M
Q1 24
$240.2M
$64.2M
Stockholders' Equity
FIVN
FIVN
NSA
NSA
Q4 25
$785.8M
$946.0M
Q3 25
$775.3M
$973.1M
Q2 25
$717.4M
$1.0B
Q1 25
$664.3M
$1.0B
Q4 24
$622.2M
$1.1B
Q3 24
$565.6M
$986.9M
Q2 24
$525.9M
$1.2B
Q1 24
$483.6M
$1.3B
Total Assets
FIVN
FIVN
NSA
NSA
Q4 25
$1.8B
$5.1B
Q3 25
$1.8B
$5.1B
Q2 25
$1.7B
$5.2B
Q1 25
$2.1B
$5.3B
Q4 24
$2.1B
$5.4B
Q3 24
$2.0B
$5.4B
Q2 24
$1.9B
$5.3B
Q1 24
$1.9B
$5.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FIVN
FIVN
NSA
NSA
Operating Cash FlowLast quarter
$83.6M
$338.5M
Free Cash FlowOCF − Capex
$77.3M
$299.8M
FCF MarginFCF / Revenue
25.8%
160.3%
Capex IntensityCapex / Revenue
2.1%
20.7%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$201.2M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIVN
FIVN
NSA
NSA
Q4 25
$83.6M
$338.5M
Q3 25
$59.2M
$100.2M
Q2 25
$35.1M
$79.9M
Q1 25
$48.4M
$85.6M
Q4 24
$49.8M
$363.1M
Q3 24
$41.1M
$105.7M
Q2 24
$19.9M
$83.2M
Q1 24
$32.4M
$94.0M
Free Cash Flow
FIVN
FIVN
NSA
NSA
Q4 25
$77.3M
$299.8M
Q3 25
$48.7M
$88.0M
Q2 25
$31.6M
$73.8M
Q1 25
$43.7M
$79.9M
Q4 24
$40.5M
$344.4M
Q3 24
$26.7M
$101.8M
Q2 24
$13.1M
$79.5M
Q1 24
$20.4M
$88.6M
FCF Margin
FIVN
FIVN
NSA
NSA
Q4 25
25.8%
160.3%
Q3 25
17.0%
46.6%
Q2 25
11.1%
39.1%
Q1 25
15.6%
42.4%
Q4 24
14.5%
181.2%
Q3 24
10.1%
52.6%
Q2 24
5.2%
41.7%
Q1 24
8.3%
45.2%
Capex Intensity
FIVN
FIVN
NSA
NSA
Q4 25
2.1%
20.7%
Q3 25
3.7%
6.5%
Q2 25
1.2%
3.2%
Q1 25
1.7%
3.0%
Q4 24
3.3%
9.8%
Q3 24
5.4%
2.0%
Q2 24
2.7%
1.9%
Q1 24
4.8%
2.7%
Cash Conversion
FIVN
FIVN
NSA
NSA
Q4 25
14.79×
Q3 25
3.29×
5.44×
Q2 25
30.38×
4.10×
Q1 25
84.00×
6.59×
Q4 24
21.70×
Q3 24
5.65×
Q2 24
4.88×
Q1 24
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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