Five Below (FIVE) Cost of Revenue (2011 - 2026)

Five Below's Cost of Revenue history runs 16 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

• Quarterly Cost of Revenue rose 24.04% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $3.0 billion (up 20.83% YoY) and the FY2026 annual result came in at $3.0 billion, up 20.83% from the prior year.
• Cost of Revenue was $1.0 billion for Q1 2026 at Five Below, up from $686.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.0 billion in Q1 2026 and bottomed at $432.8 million in Q2 2022.
• A 5-year average of $614.1 million and a median of $585.7 million in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2025 — Cost of Revenue climbed 5.78% — and 2026, when it rose 24.04%.
• Five Below's Cost of Revenue stood at $437.2 million in 2022, then grew by 17.46% to $513.6 million in 2023, then rose by 14.04% to $585.7 million in 2024, then rose by 17.28% to $686.9 million in 2025, then jumped by 50.17% to $1.0 billion in 2026.
• Business Quant data shows FIVE's Cost of Revenue at $1.0 billion in Q1 2026, $686.9 million in Q4 2025, and $684.5 million in Q3 2025.