Five Below (FIVE) Operating Expenses (2011 - 2026)

Five Below (FIVE) has reported Operating Expenses for 16 consecutive years, with $337.1 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $337.1 million, up 26.24% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.1 billion (up 23.66% YoY), and the FY2026 annual result was $1.1 billion, up 23.66% from the prior year.
• Operating Expenses was $337.1 million for Q1 2026 at Five Below, up from $259.2 million in the prior quarter.
• Over five years, Operating Expenses peaked at $337.1 million in Q1 2026 and troughed at $121.0 million in Q1 2023.
• Average Operating Expenses over 5 years is $203.1 million, with a median of $188.8 million recorded in 2024.
• Year-over-year, Operating Expenses declined 27.34% in 2022 and soared 103.35% in 2024.
• Over 5 years, Operating Expenses stood at $186.9 million in 2022, then dropped by 7.36% to $173.1 million in 2023, then gained by 24.4% to $215.4 million in 2024, then advanced by 20.37% to $259.2 million in 2025, then jumped by 30.04% to $337.1 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $337.1 million in Q1 2026, $259.2 million in Q4 2025, and $242.3 million in Q3 2025.