Five Below, Inc.
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Financial Performance
Revenue
$4.76B
Market Cap
$10.4B
Net Income
$359M
Employees
22,000
Five Below is navigating an increasingly difficult, structurally necessary transition away from its strictly enforced legacy pricing model. Under CEO Joel Anderson, the tween-focused discount retailer generated exactly $3.8 billion in revenue and maintains a $10.4 billion market cap with exactly 22000 employees. The financial narrative in 2026 is defined by the aggressive rollout of its 'Five Beyond' store format; battling severe, persistent inflation in ocean freight and Chinese manufacturing costs, the company is altering its core value proposition by expanding higher-margin product assortments priced between $6 and $25, risking alienating its price-sensitive core demographic.
Revenue Trend Analysis
YoY Change
+22.9%
2-Year CAGR
+15.7%
Peak Year
2025
Trend
Consistent Growth
Five Below, Inc. has reported revenue across 3 fiscal years, compounding at +15.7% annually over 2 years. The most recent year saw a 22.9% increase versus the prior year. Revenue peaked in 2025 at $4.8B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $4.8B | $359M | +22.9% |
| FY2024 | $3.9B | $254M | +8.9% |
| FY2023 | $3.6B | $301M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Five Below, Inc. reported approximately $3.8B in fiscal year 2025 with a team of 22,000 employees worldwide.
Five Below, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Specialty Value Retail is driven by steady cash generation and pricing power, enabling Five Below, Inc. to reinvest in high-return strategic initiatives.
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CorpDigest. "Five Below, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/five-below/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Five Below, Inc. reported $5B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/five-below/financials" target="_blank" rel="noopener">CorpDigest — Five Below, Inc. financials</a></div>