The club has mainly been successful in football and currently has men's and ladies sides supported by one of Småland's largest youth sections.

Since their foundation Gislaveds IS has participated mainly in the middle divisions of the Swedish football league system.

The club currently plays in Division 2 Västra Svealand which is the fourth tier of Swedish football.

[8] The club's attendance record is around 1500 spectators and was for a match against FK Jat who were defeated 5–0.

The spectators consisted of more than 800 paying customers and around 700 children under 16 with free admission.