Five Below, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $358.6M | $253.6M | $301.1M | $261.5M | $278.8M | $123.4M | $175.1M | $149.6M |
| Depreciation & Amortization | $192.1M | $167.4M | $130.7M | $105.6M | $84.8M | $69.3M | $55.0M | $55.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $34.7M | $15.6M | $17.9M | $23.6M | $25.8M | $9.6M | $12.4M | $12.0M |
| Net Cash from Operating Activities | $586.4M | $430.6M | $499.6M | $314.9M | $327.9M | $366.0M | $187.0M | $184.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $174.7M | $324.0M | $335.1M | $252.0M | $288.2M | $200.2M | $212.3M | $113.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-186.2M | $-232.9M | $-556.3M | $-3.9M | $-465.6M | $-286.9M | $-193.6M | $-39.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $40.2M | $80.5M | $40.0M | $60.0M | $12.7M | $36.9M | $2.0M |
| Net Cash from Financing Activities | $-8.3M | $-45.7M | $-95.9M | $-43.6M | $-66.1M | $-12.8M | $-42.7M | $-5.6M |
| Net Change in Cash | $392.0M | $152.0M | $-152.6M | $267.4M | $-203.8M | $66.3M | $-49.3M | $139.1M |
| Free Cash Flow | $411.7M | $106.7M | $164.6M | $63.0M | $39.7M | $165.8M | $-25.3M | $70.4M |