Five Below (FIVE) Gross Margin (2016 - 2026)
Five Below's Gross Margin history spans 16 years, with the latest figure at 40.32% for Q1 2026.
- For Q1 2026, Gross Margin rose 11.0% year-over-year to 40.32%; the TTM value through Jan 2026 reached 35.99%, up 110.0%, while the annual FY2026 figure was 35.99%, 110.0% up from the prior year.
- Gross Margin reached 40.32% in Q1 2026 per FIVE's latest filing, up from 33.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 41.23% in Q1 2024 to a low of 30.26% in Q4 2023.
- Average Gross Margin over 5 years is 34.96%, with a median of 33.37% recorded in 2025.
- Peak YoY movement for Gross Margin: crashed -212bps in 2024, then skyrocketed 326bps in 2025.
- A 5-year view of Gross Margin shows it stood at 32.22% in 2022, then decreased by -6bps to 30.26% in 2023, then grew by 1bps to 30.58% in 2024, then grew by 11bps to 33.85% in 2025, then grew by 19bps to 40.32% in 2026.
- Per Business Quant, the three most recent readings for FIVE's Gross Margin are 40.32% (Q1 2026), 33.85% (Q4 2025), and 33.34% (Q3 2025).