FIVE FY 2025 Earnings Report — Five Below, Inc. Revenue & Financial Results | Market Cap Arena

Five Below, Inc.FIVE

FY 2025 Earnings

Reported March 19, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$4.8B	—	$3.9B	—	22.9%
Op. Income	$457M	—	$324M	—	41.3%
Gross Margin	32.0%	—	34.9%	—	-2.9pp
Net Margin	7.5%	—	6.5%	—	1.0pp
EPS (Diluted)	$6.46	—	$4.60	—	40.4%
Free Cash Flow	$412M	—	$107M	—	286.0%

Revenue Flow

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$3.2B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$4.3B
OPERATING INCOME	$457M
Interest Income	$17M
Interest Expense	$0
Other Income/Expenses	$23M
INCOME BEFORE TAX	$480M
Income Tax Expense	$122M
Net Income from Continuing Ops	$359M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$359M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$359M
D&A	$192M
EBIT	$457M
EBITDA	$650M
EPS	$7
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$3.2B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$4.3B
OPERATING INCOME	$457M
Interest Income	$17M
Interest Expense	$0
Other Income/Expenses	$23M
INCOME BEFORE TAX	$480M
Income Tax Expense	$122M
Net Income from Continuing Ops	$359M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$359M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$359M
D&A	$192M
EBIT	$457M
EBITDA	$650M
EPS	$7
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$359M
Depreciation & Amortization	$192M
Stock-Based Compensation	$0
Deferred Income Tax	-$10M
Other Non-Cash Items	$38M
Change in Working Capital	$8M
OPERATING CASH FLOW	$586M
Capital Expenditure	-$175M
Acquisitions (Net)	$0
Purchases of Investments	-$352M
Sales/Maturities of Investments	$341M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$186M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$9M
NET CASH FROM FINANCING	-$8M
FREE CASH FLOW	$412M
Net Change in Cash	$392M

Balance Sheet

Item	Amount
Cash & Equivalents	$724M
Short-Term Investments	$209M
Net Receivables	$0
Inventory	$847M
Other Current Assets	$102M
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$3.0B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$585M
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$3.6B
TOTAL ASSETS	$5.5B
Account Payables	$368M
Short-Term Debt	$301M
Deferred Revenue	$0
Other Current Liabilities	$160M
TOTAL CURRENT LIABILITIES	$954M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$635M
Other Non-Current Liabilities	$9M
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$3.3B
Common Stock	$551.0K
Additional Paid-In Capital	$179M
Retained Earnings	$2.0B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.2B
Minority Interest	$0
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$5.5B
Total Debt	$2.0B
Net Debt	$1.3B