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

Five Below (FIVE) has reported Operating Leases for 8 consecutive years, with $1.7 billion the latest figure, recorded in Q1 2026.

• Operating Leases for Q1 2026 came in at $1.7 billion, up 1.43% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.7 billion (up 1.43% YoY), and the FY2026 annual result was $1.7 billion, up 1.43% from the prior year.
• Operating Leases was $1.7 billion for Q1 2026 at Five Below, up from $1.7 billion in the prior quarter.
• Over five years, Operating Leases peaked at $2.0 billion in Q3 2025 and troughed at $1.1 billion in Q1 2022.
• Average Operating Leases over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2024.
• Year-over-year, Operating Leases rose 27.74% in 2025 and increased 1.43% in 2026.
• Over 5 years, Operating Leases stood at $1.3 billion in 2022, then grew by 12.5% to $1.5 billion in 2023, then rose by 11.1% to $1.6 billion in 2024, then gained by 3.84% to $1.7 billion in 2025, then gained by 3.09% to $1.7 billion in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $1.7 billion in Q1 2026, $1.7 billion in Q4 2025, and $2.0 billion in Q3 2025.