Growth Metrics

Five Below (FIVE) Operating Expenses (2016 - 2026)

Five Below's Operating Expenses history spans 16 years, with the latest figure at $337.1 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 26.24% year-over-year to $337.1 million; the TTM value through Jan 2026 reached $1.1 billion, up 23.66%, while the annual FY2026 figure was $1.1 billion, 23.66% up from the prior year.
  • Operating Expenses reached $337.1 million in Q1 2026 per FIVE's latest filing, up from $259.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $337.1 million in Q1 2026 to a low of $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.
  • Peak YoY movement for Operating Expenses: dropped 27.34% in 2022, then surged 103.35% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $186.9 million in 2022, then fell by 7.36% to $173.1 million in 2023, then rose by 24.4% to $215.4 million in 2024, then grew by 20.37% to $259.2 million in 2025, then soared by 30.04% to $337.1 million in 2026.
  • Per Business Quant, the three most recent readings for FIVE's Operating Expenses are $337.1 million (Q1 2026), $259.2 million (Q4 2025), and $242.3 million (Q3 2025).