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

Tractor Supply has reported Operating Expenses for 18 years, with the latest figure at $941.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 6.2% year-over-year to $941.2 million; the trailing twelve-month figure through Mar 2026 stood at $3.7 billion (up 6.64% YoY), and the FY2025 full-year result was $3.7 billion, up 6.07% from the prior year.
• Operating Expenses for Q1 2026 stood at $941.2 million, roughly flat from $944.4 million in the prior quarter.
• The five-year high for Operating Expenses was $944.4 million in Q4 2025, with the low at $734.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $862.7 million across 5 years, with a median of $855.6 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses increased 20.94% — and 2023, when it fell 5.94%.
• Tractor Supply's Operating Expenses stood at $909.6 million in 2022, then slipped by 5.94% to $855.6 million in 2023, then grew by 4.17% to $891.2 million in 2024, then climbed by 5.96% to $944.4 million in 2025, then declined by 0.34% to $941.2 million in 2026.
• The last three Operating Expenses figures came in at $941.2 million (Q1 2026), $944.4 million (Q4 2025), and $922.5 million (Q3 2025), per Business Quant data.