Five Below (FIVE) Gross Margin (2011 - 2026)
Five Below's (FIVE) quarterly Gross Margin came in at 40.32% in Q1 2026, up 11.0% YoY from 36.33% in Q1 2025, and up 19.14% on a QoQ basis from 33.85% in Q4 2025.
Five Below (FIVE) Gross Margin (2011 - 2026) Analysis & Trends
Five Below (FIVE) has 16 years of Gross Margin data on file, last reported at 40.32% in Q1 2026.
- Quarterly Gross Margin rose 11.0% year-over-year to 40.32% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 35.99% (up 110.0% YoY) and the FY2026 annual result came in at 35.99%, up 110.0% from the prior year.
- Gross Margin climbed to 40.32% in Q1 2026, 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.
- A 5-year average of 34.96% and a median of 33.37% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 212 bps — and 2025, when it soared 326 bps.
- Tracing FIVE's Gross Margin over 5 years: stood at 32.22% in 2022, then fell by 6 bps to 30.26% in 2023, then increased by 1 bps to 30.58% in 2024, then increased by 11 bps to 33.85% in 2025, then advanced by 19 bps to 40.32% in 2026.
- The last three Gross Margin figures came in at 40.32% (Q1 2026), 33.85% (Q4 2025), and 33.34% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 46.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 37.23% |
| Jan 31, 2026 | 40.32% |
| Nov 1, 2025 | 33.85% |
| Aug 2, 2025 | 33.34% |
| May 3, 2025 | 33.37% |
| Feb 1, 2025 | 40.21% |
| Nov 2, 2024 | 30.58% |
| Aug 3, 2024 | 32.74% |
| May 4, 2024 | 32.46% |
| Feb 3, 2024 | 41.23% |
| Oct 28, 2023 | 30.26% |
| Jul 29, 2023 | 34.86% |
| Apr 29, 2023 | 32.33% |
| Jan 28, 2023 | 40.29% |
| Oct 29, 2022 | 32.22% |
| Jul 30, 2022 | 34.16% |
| Apr 30, 2022 | 32.33% |
| Jan 29, 2022 | 39.84% |
| Oct 30, 2021 | 33.30% |
| Jul 31, 2021 | 35.62% |