Growth Metrics

Tractor Supply (TSCO) Operating Expenses (2016 - 2026)

Tractor Supply filings provide 17 years of Operating Expenses readings, the most recent being $944.4 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 5.96% to $944.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $3.7 billion, a 6.07% increase, with the full-year FY2025 number at $3.7 billion, up 6.07% from a year prior.
  • Operating Expenses hit $944.4 million in Q4 2025 for Tractor Supply, up from $922.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $944.4 million in Q4 2025 to a low of $693.2 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $852.7 million (2023), compared with a mean of $831.3 million.
  • Biggest five-year swings in Operating Expenses: skyrocketed 39.4% in 2021 and later decreased 5.94% in 2023.
  • Tractor Supply's Operating Expenses stood at $752.1 million in 2021, then grew by 20.94% to $909.6 million in 2022, then decreased by 5.94% to $855.6 million in 2023, then rose by 4.17% to $891.2 million in 2024, then increased by 5.96% to $944.4 million in 2025.
  • The last three reported values for Operating Expenses were $944.4 million (Q4 2025), $922.5 million (Q3 2025), and $940.1 million (Q2 2025) per Business Quant data.