Five Below (FIVE) Operating Leases (2019 - 2026)

Five Below has reported Operating Leases for 8 years, with the latest figure at $1.7 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases rose 1.43% year-over-year to $1.7 billion; the trailing twelve-month figure through Jan 2026 stood at $1.7 billion (up 1.43% YoY), and the FY2026 full-year result was $1.7 billion, up 1.43% from the prior year.
• Operating Leases for Q1 2026 stood at $1.7 billion, up from $1.7 billion in the prior quarter.
• The five-year high for Operating Leases was $2.0 billion in Q3 2025, with the low at $1.1 billion in Q1 2022.
• Historically, Operating Leases has averaged $1.5 billion across 5 years, with a median of $1.5 billion in 2024.
• Annual changes were most pronounced in 2025 — Operating Leases grew 27.74% — and 2026, when it climbed 1.43%.
• Five Below's Operating Leases stood at $1.3 billion in 2022, then gained by 12.5% to $1.5 billion in 2023, then climbed by 11.1% to $1.6 billion in 2024, then grew by 3.84% to $1.7 billion in 2025, then grew by 3.09% to $1.7 billion in 2026.
• The last three Operating Leases figures came in at $1.7 billion (Q1 2026), $1.7 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.