Filing Flows › Five Below (FIVE) › Q2 FY27 › vs Q1 FY27
Five Below (FIVE) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Five Below's revenue fell $24.1M (-2%) from $1.3B in Q1 FY27 to $1.3B in Q2 FY27. The biggest changes: Snack and seasonal −$32.6M (-10%); Leisure +$23.3M (+4%); Fashion and home −$14.9M (-4%). Operating margin 21.8% against 12.0% (+9.8 pts).
Five Below, Q2 FY27: revenue $1.3B (+23% year over year), operating margin 21.8%, net earnings $221M, operating cash flow $215M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Operating margin | 21.8% | 12.0% | +9.8 pts |
| Net margin | 17.6% | 9.6% | +8.0 pts |
| Free cash flow margin | 11.3% | 14.8% | -3.5 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Leisure | $644M | $621M | $23.3M | +4% |
| Fashion and home | $338M | $353M | −$14.9M | -4% |
| Snack and seasonal | $280M | $312M | −$32.6M | -10% |
| Revenue | $1.3B | $1.3B | −$24.1M | -2% |
| Other income, net | $15.4M | $8.3M | $7.2M | +87% |
| Operating profit | $275M | $154M | $121M | +79% |
| Costs & expenses | $986M | $1.1B | −$145M | -13% |
| Pre-tax earnings | $291M | $162M | $128M | +79% |
| Cost of revenue | $649M | $807M | −$158M | -20% |
| SG&A | $286M | $273M | $12.6M | +5% |
| Other operating costs | $51.2M | $51.1M | $80K | +0.2% |
| Net earnings | $221M | $123M | $98.3M | +80% |
| Income tax | $69.4M | $39.4M | $29.9M | +76% |
| Depreciation & amortization | $51.2M | $51.1M | $80K | +0.2% |
| Share-based compensation | $9.9M | $5.1M | $4.8M | +93% |
| Working capital & other | $67.0M | −$47.9M | $115M | — |
| Operating cash flow | $215M | $227M | −$11.7M | -5% |
| Free cash flow (OCF − capex) | $142M | $190M | −$47.8M | -25% |
| Capital expenditures | $73.2M | $37.2M | $36.0M | +97% |
Questions
How much did Five Below's revenue grow quarter over quarter in Q2 FY27?
Five Below's revenue fell $24.1M (-2%) from $1.3B in Q1 FY27 to $1.3B in Q2 FY27.
What drove Five Below's revenue change in Q2 FY27?
Snack and seasonal −$32.6M (-10%); Leisure +$23.3M (+4%); Fashion and home −$14.9M (-4%).