Tractor Supply (TSCO) Operating Expenses (2009 - 2026)

Tractor Supply (TSCO) posted Operating Expenses of $941.2 million for Q1 2026, little changed quarter-over-quarter from $944.4 million in Q4 2025, and up 6.2% year-on-year from $886.2 million in Q1 2025.

Tractor Supply (TSCO) Operating Expenses (2009 - 2026) Analysis & Trends

Tractor Supply (TSCO) has reported Operating Expenses for 18 consecutive years, with $941.2 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $941.2 million, up 6.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 6.64% YoY), and the FY2025 annual result was $3.7 billion, up 6.07% from the prior year.
  • Operating Expenses was $941.2 million for Q1 2026 at Tractor Supply, roughly flat from $944.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $944.4 million in Q4 2025 and troughed at $734.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $862.7 million, with a median of $855.6 million recorded in 2023.
  • Year-over-year, Operating Expenses gained 20.94% in 2022 and decreased 5.94% in 2023.
  • Over 5 years, Operating Expenses stood at $909.6 million in 2022, then fell by 5.94% to $855.6 million in 2023, then gained by 4.17% to $891.2 million in 2024, then rose by 5.96% to $944.4 million in 2025, then decreased by 0.34% to $941.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $941.2 million in Q1 2026, $944.4 million in Q4 2025, and $922.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 730.02 Mn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 627.08 Mn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 941.15 Mn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 1.73 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 279.80 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 337.11 Mn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 7.87 Mn
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 404.69 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 941.15 Mn
Dec 27, 2025 944.39 Mn
Sep 27, 2025 922.45 Mn
Jun 28, 2025 940.06 Mn
Mar 29, 2025 886.21 Mn
Dec 28, 2024 891.23 Mn
Sep 28, 2024 852.30 Mn
Jun 29, 2024 884.90 Mn
Mar 30, 2024 853.44 Mn
Dec 30, 2023 855.55 Mn
Sep 30, 2023 819.31 Mn
Jul 1, 2023 853.16 Mn
Apr 1, 2023 828.24 Mn
Dec 31, 2022 909.60 Mn
Sep 24, 2022 772.17 Mn
Jun 25, 2022 777.86 Mn
Mar 26, 2022 734.58 Mn
Dec 25, 2021 752.10 Mn
Sep 25, 2021 718.26 Mn
Jun 26, 2021 736.75 Mn