Filing Flows › Five Below (FIVE) › Q1 FY27
Five Below (FIVE) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 4, 2026
Five Below (FIVE) reported revenue of $1.3B for the first quarter fiscal 2027 (Q1 FY27), +32% from a year earlier and -26% from the quarter before. Operating margin was 12.0%, net earnings $123M (9.6% of revenue).
Five Below, Q1 FY27: revenue $1.3B (+32% year over year), operating margin 12.0%, net earnings $123M, operating cash flow $227M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -26% | +32% |
| Operating profit | $154M | -50% | +203% |
| Net earnings | $123M | -48% | +199% |
| Operating cash flow | $227M | -48% | +71% |
| Free cash flow | $190M | -53% | +97% |
What changed
Revenue was $1.3B in Q1 FY27, up 32% year over year and down 26% from the previous quarter. Leisure was the largest line at 48% of revenue. Leisure added $0.19B year over year (up 43%), 59% of the total change.
Operating profit was $0.15B, a 12.0% margin (up 6.8 points year over year). Of the extra revenue versus Q1 FY26, 33% reached operating profit, above the 5% margin then. Total costs grew 23% against revenue growth of 32%. The fastest-growing cost line was Cost of revenue (+25%). Net earnings were $0.12B, up 199% year over year. The effective tax rate was 24.3%.
Operating cash flow was $0.23B (up 71% year over year), 185% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.04B left free cash flow of $0.19B.
Questions
What was Five Below's revenue in the first quarter fiscal 2027?
Five Below (FIVE) reported revenue of $1.3B for the first quarter fiscal 2027 (Q1 FY27), +32% from a year earlier and -26% from the quarter before.
Was Five Below profitable in the first quarter fiscal 2027?
Operating profit was $154M (12.0% of revenue) and net earnings $123M.
Source: Five Below 10-Q on SEC EDGAR.