Filing Flows › Five Below (FIVE) › Q2 FY27 › vs Q2 FY26
Five Below (FIVE) Q2 FY27 vs Q2 FY26 (year over year)
Five Below's revenue rose $235M (+23%) from $1.0B in Q2 FY26 to $1.3B in Q2 FY27. The biggest changes: Leisure +$174M (+37%); Snack and seasonal +$32.5M (+13%); Fashion and home +$28.4M (+9%). Operating margin 21.8% against 5.1% (+16.7 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 21.8% | 5.1% | +16.7 pts |
| Net margin | 17.6% | 4.2% | +13.4 pts |
| Free cash flow margin | 11.3% | 4.7% | +6.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Leisure | $644M | $470M | $174M | +37% |
| Fashion and home | $338M | $309M | $28.4M | +9% |
| Snack and seasonal | $280M | $247M | $32.5M | +13% |
| Revenue | $1.3B | $1.0B | $235M | +23% |
| Other income, net | $15.4M | $5.5M | $9.9M | +178% |
| Operating profit | $275M | $52.4M | $223M | +426% |
| Costs & expenses | $986M | $974M | $11.7M | +1% |
| Pre-tax earnings | $291M | $57.9M | $233M | +402% |
| Cost of revenue | $649M | $684M | −$35.4M | -5% |
| SG&A | $286M | $242M | $43.6M | +18% |
| Other operating costs | $51.2M | $47.7M | $3.5M | +7% |
| Net earnings | $221M | $42.8M | $179M | +418% |
| Income tax | $69.4M | $15.1M | $54.2M | +358% |
| Depreciation & amortization | $51.2M | $47.7M | $3.5M | +7% |
| Share-based compensation | $9.9M | $8.6M | $1.3M | +16% |
| Working capital & other | $67.0M | $6.0M | $61.0M | 11× |
| Operating cash flow | $215M | $93.0M | $122M | +132% |
| Free cash flow (OCF − capex) | $142M | $48.3M | $94.0M | +195% |
| Capital expenditures | $73.2M | $44.7M | $28.5M | +64% |
Questions
How much did Five Below's revenue grow year over year in Q2 FY27?
Five Below's revenue rose $235M (+23%) from $1.0B in Q2 FY26 to $1.3B in Q2 FY27.
What drove Five Below's revenue change in Q2 FY27?
Leisure +$174M (+37%); Snack and seasonal +$32.5M (+13%); Fashion and home +$28.4M (+9%).