Five Below Operating Expenses Growth & History (FIVE)

Five Below's operating expenses was $1.26B for fiscal 2025.

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Five Below annual operating expenses history

Five Below annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252026-01-31$1.26B$228.4M+22.20%
20242025-02-01$1.03B$140.6M+15.83%
20232024-02-03$888.3M$137.8M+18.36%
20222023-01-28$750.4M$99.9M+15.35%
20212022-01-29$650.6M$153.0M+30.76%
20202021-01-30$497.5M$40.8M+8.94%
20192020-02-01$456.7M$78.8M+20.85%
20182019-02-02$377.9M$71.9M+23.49%
20172018-02-03$306.0M$62.9M+25.90%
20162017-01-28$243.1M$44.1M+22.15%
20152016-01-30$199.0M$38.2M+23.77%
20142015-01-31$160.8M$26.5M+19.73%
20132014-02-01$134.3M$22.1M+19.70%
20122013-02-02$112.2M$33.5M+42.65%
20112012-01-28$78.6M$24.3M+44.72%
20102011-01-29$54.3M

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.

About the metric

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.

Calculation and source

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.

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