Growth Metrics

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

Five Below filings provide 16 years of Operating Margin readings, the most recent being 17.99% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 24.0% to 17.99% in Q1 2026 year-over-year; TTM through Jan 2026 was 9.6%, a 125.0% increase, with the full-year FY2026 number at 9.6%, up 125.0% from a year prior.
  • Operating Margin hit 17.99% in Q1 2026 for Five Below, up from 4.17% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 20.11% in Q1 2023 to a low of 0.07% in Q4 2024.
  • Median Operating Margin over the past 5 years was 5.84% (2023), compared with a mean of 8.98%.
  • Biggest five-year swings in Operating Margin: crashed -495bps in 2022 and later surged 424bps in 2025.
  • Five Below's Operating Margin stood at 3.25% in 2022, then plummeted by -33bps to 2.19% in 2023, then plummeted by -103bps to 0.07% in 2024, then soared by 5907bps to 4.17% in 2025, then skyrocketed by 331bps to 17.99% in 2026.
  • The last three reported values for Operating Margin were 17.99% (Q1 2026), 4.17% (Q4 2025), and 5.1% (Q3 2025) per Business Quant data.