Five Below Operating Expenses Growth & History (FIVE)
Five Below's operating expenses was $1.26B for fiscal 2025.
View full Five Below company overviewFive Below annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | $1.26B | $228.4M | +22.20% |
| 2024 | 2025-02-01 | $1.03B | $140.6M | +15.83% |
| 2023 | 2024-02-03 | $888.3M | $137.8M | +18.36% |
| 2022 | 2023-01-28 | $750.4M | $99.9M | +15.35% |
| 2021 | 2022-01-29 | $650.6M | $153.0M | +30.76% |
| 2020 | 2021-01-30 | $497.5M | $40.8M | +8.94% |
| 2019 | 2020-02-01 | $456.7M | $78.8M | +20.85% |
| 2018 | 2019-02-02 | $377.9M | $71.9M | +23.49% |
| 2017 | 2018-02-03 | $306.0M | $62.9M | +25.90% |
| 2016 | 2017-01-28 | $243.1M | $44.1M | +22.15% |
| 2015 | 2016-01-30 | $199.0M | $38.2M | +23.77% |
| 2014 | 2015-01-31 | $160.8M | $26.5M | +19.73% |
| 2013 | 2014-02-01 | $134.3M | $22.1M | +19.70% |
| 2012 | 2013-02-02 | $112.2M | $33.5M | +42.65% |
| 2011 | 2012-01-28 | $78.6M | $24.3M | +44.72% |
| 2010 | 2011-01-29 | $54.3M | — | — |
Five Below quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-08-01 | $337.1M | $47.1M | +16.23% |
| Q1 2026 | 2026-05-02 | $324.4M | $51.3M | +18.80% |
| Q4 2025 | 2026-01-31 | $386.1M | $73.6M | +23.53% |
| Q3 2025 | 2025-11-01 | $308.1M | $49.5M | +19.13% |
| Q2 2025 | 2025-08-02 | $290.0M | $59.7M | +25.94% |
| Q1 2025 | 2025-05-03 | $273.1M | $45.7M | +20.10% |
| Q4 2024 | 2025-02-01 | $312.6M | $29.4M | +10.37% |
| Q3 2024 | 2024-11-02 | $258.6M | $51.9M | +25.13% |
| Q2 2024 | 2024-08-03 | $230.3M | $24.3M | +11.79% |
| Q1 2024 | 2024-05-04 | $227.4M | $35.0M | +18.18% |
| Q4 2023 | 2024-02-03 | $283.2M | $56.5M | +24.95% |
| Q3 2023 | 2023-10-28 | $206.7M | $19.8M | +10.61% |
| Q2 2023 | 2023-07-29 | $206.0M | $33.5M | +19.41% |
| Q1 2023 | 2023-04-29 | $192.4M | $27.9M | +16.99% |
| Q4 2022 | 2023-01-28 | $226.6M | $17.3M | +8.27% |
| Q3 2022 | 2022-10-29 | $186.9M | $27.0M | +16.86% |
| Q2 2022 | 2022-07-30 | $172.5M | $28.3M | +19.66% |
| Q1 2022 | 2022-04-30 | $164.4M | $27.3M | +19.88% |
| Q4 2021 | 2022-01-29 | $209.3M | $38.0M | +22.18% |
| Q3 2021 | 2021-10-30 | $159.9M | $33.1M | +26.06% |
| Q2 2021 | 2021-07-31 | $144.2M | $37.5M | +35.10% |
| Q1 2021 | 2021-05-01 | $137.2M | $44.5M | +48.05% |
| Q4 2020 | 2021-01-30 | $171.3M | $26.3M | +18.13% |
| Q3 2020 | 2020-10-31 | $126.9M | $20.9M | +19.67% |
| Q2 2020 | 2020-08-01 | $106.7M | −$3.4M | −3.13% |
| Q1 2020 | 2020-05-02 | $92.7M | −$2.9M | −2.99% |
| Q4 2019 | 2020-02-01 | $145.0M | $17.5M | +13.75% |
| Q3 2019 | 2019-11-02 | $106.0M | $19.5M | +22.48% |
| Q2 2019 | 2019-08-03 | $110.1M | $18.8M | +20.60% |
| Q1 2019 | 2019-05-04 | $95.5M | $23.0M | +31.69% |
| Q4 2018 | 2019-02-02 | $127.5M | $23.5M | +22.60% |
| Q3 2018 | 2018-11-03 | $86.5M | $17.7M | +25.75% |
| Q2 2018 | 2018-08-04 | $91.3M | $19.1M | +26.49% |
| Q1 2018 | 2018-05-05 | $72.5M | $11.5M | +18.90% |
| Q4 2017 | 2018-02-03 | $104.0M | $23.4M | +29.10% |
| Q3 2017 | 2017-10-28 | $68.8M | $13.4M | +24.28% |
| Q2 2017 | 2017-07-29 | $72.2M | $14.6M | +25.28% |
| Q1 2017 | 2017-04-29 | $61.0M | $11.5M | +23.20% |
| Q4 2016 | 2017-01-28 | $80.6M | $15.7M | +24.28% |
| Q3 2016 | 2016-10-29 | $55.4M | $9.6M | +20.98% |
| Q2 2016 | 2016-07-30 | $57.6M | $9.4M | +19.41% |
| Q1 2016 | 2016-04-30 | $49.5M | $9.4M | +23.36% |
| Q4 2015 | 2016-01-30 | $64.8M | $11.4M | +21.40% |
| Q3 2015 | 2015-10-31 | $45.8M | $9.6M | +26.63% |
| Q2 2015 | 2015-08-01 | $48.3M | $10.7M | +28.48% |
| Q1 2015 | 2015-05-02 | $40.1M | $6.5M | +19.21% |
| Q4 2014 | 2015-01-31 | $53.4M | $9.6M | +21.81% |
| Q3 2014 | 2014-11-01 | $36.1M | $4.9M | +15.79% |
| Q2 2014 | 2014-08-02 | $37.6M | $5.4M | +16.63% |
| Q1 2014 | 2014-05-03 | $33.7M | $6.6M | +24.60% |
| Q4 2013 | 2014-02-01 | $43.8M | $5.7M | +15.05% |
| Q3 2013 | 2013-11-02 | $31.2M | $6.1M | +24.40% |
| Q2 2013 | 2013-08-03 | $32.2M | $8.2M | +34.16% |
| Q1 2013 | 2013-05-04 | $27.0M | $2.0M | +8.16% |
| Q4 2012 | 2013-02-02 | $38.1M | — | — |
| Q3 2012 | 2012-10-27 | $25.1M | $7.5M | +42.28% |
| Q2 2012 | 2012-07-28 | $24.0M | $7.7M | +47.11% |
| Q1 2012 | 2012-04-28 | $25.0M | — | — |
| Q3 2011 | 2011-10-29 | $17.6M | — | — |
| Q2 2011 | 2011-07-30 | $16.3M | — | — |
Five Below operating expenses trends
Over the last five fiscal years, Five Below's operating expenses increased from $497.5M to $1.26B, a change of $759.8M. The latest reported quarter, Q2 2026, shows $337.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Five Below source filings ↗