Filing Flows › Five Below (FIVE) › Q3 FY26
Five Below (FIVE) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 4, 2025
Five Below (FIVE) reported revenue of $1.0B for the third quarter fiscal 2026 (Q3 FY26), +23% from a year earlier and +1% from the quarter before. Operating margin was 4.2%, net earnings $36.5M (3.5% of revenue).
Five Below, Q3 FY26: revenue $1.0B (+23% year over year), operating margin 4.2%, net earnings $36.5M, operating cash flow −$80.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +1% | +23% |
| Operating profit | $43.3M | -17% | — |
| Net earnings | $36.5M | -15% | 22× |
| Operating cash flow | −$80.1M | -186% | — |
What changed
Revenue was $1.0B in Q3 FY26, up 23% year over year and up 1% from the previous quarter. Leisure was the largest line at 43% of revenue. Leisure added $0.08B year over year (up 23%), 44% of the total change.
Operating profit was $0.04B, a 4.2% margin (up 4.2 points year over year). Total costs grew 18% against revenue growth of 23%. The fastest-growing cost line was SG&A (+20%). Net earnings were $0.04B, up 2064% year over year. The effective tax rate was 25.7%.
Operating cash flow was −$0.08B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.05B exceeded it, leaving free cash flow of −$0.13B.
Questions
What was Five Below's revenue in the third quarter fiscal 2026?
Five Below (FIVE) reported revenue of $1.0B for the third quarter fiscal 2026 (Q3 FY26), +23% from a year earlier and +1% from the quarter before.
Was Five Below profitable in the third quarter fiscal 2026?
Operating profit was $43.3M (4.2% of revenue) and net earnings $36.5M.
Source: Five Below 10-Q on SEC EDGAR.