Five Below (FIVE) Gross Margin (2011 - 2026)

Five Below (FIVE) has reported Gross Margin for 16 consecutive years, with 40.32% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 40.32%, up 11.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 35.99% (up 110.0% YoY), and the FY2026 annual result was 35.99%, up 110.0% from the prior year.
• Gross Margin was 40.32% for Q1 2026 at Five Below, up from 33.85% in the prior quarter.
• Over five years, Gross Margin peaked at 41.23% in Q1 2024 and troughed at 30.26% in Q4 2023.
• Average Gross Margin over 5 years is 34.96%, with a median of 33.37% recorded in 2025.
• Year-over-year, Gross Margin plunged 212 bps in 2024 and surged 326 bps in 2025.
• Over 5 years, Gross Margin stood at 32.22% in 2022, then slipped by 6 bps to 30.26% in 2023, then advanced by 1 bps to 30.58% in 2024, then advanced by 11 bps to 33.85% in 2025, then increased by 19 bps to 40.32% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 40.32% in Q1 2026, 33.85% in Q4 2025, and 33.34% in Q3 2025.