---
title: "FIVE BELOW, INC 1Q 2026: Revenue $1.29B, EPS $2.21— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288765970.md"
description: "Five Below reported Q1 2026 revenue of $1.29B, up 32.5% YoY, with diluted EPS of $2.21, a 194.7% increase. Growth was driven by 22.7% comparable sales gains and new store contributions. Net income rose to $123.06M. Gross margin expanded 380 basis points to 37.2%. The company reached 1,970 stores and plans approximately 150 net new openings in fiscal 2026."
datetime: "2026-06-04T20:01:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288765970.md)
  - [en](https://longbridge.com/en/news/288765970.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288765970.md)
---

# FIVE BELOW, INC 1Q 2026: Revenue $1.29B, EPS $2.21— 10-Q Summary

FIVE BELOW, INC reported first-quarter 2026 results with revenue of $1.29B, net income of $123.06M and diluted EPS of $2.21, driven by strong comparable-store growth, new-store contributions and margin expansion versus the year-ago quarter.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$1.29B

$970.53M

32.5%

Net income²

$123.06M

$41.15M

199.1%

Diluted EPS³

$2.21

$0.75

194.7%

_¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted income per common share”._

**Business Highlights**

-   Revenue growth of 32.5% was driven by 22.7% comparable sales gains and contributions from new stores.
-   Comparable transactions rose about 18.5% while average transaction value increased roughly 3.5%, signaling stronger traffic and ticket.
-   E‑commerce was included in comparable sales; omnichannel fulfillment capabilities such as shipcenter, BOPIS and third‑party delivery expanded.
-   Store footprint reached 1,970 locations, up 144 versus the prior year, with plans for roughly 150 net new store openings in fiscal 2026 and ongoing remodel activity.
-   Gross margin improved about 380 basis points to 37.2%, benefiting from lower occupancy and distribution costs and reduced shrinkage rates.

Original SEC Filing: FIVE BELOW, INC \[ FIVE \] - 10-Q - Jun. 04, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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