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| Date | Value |
|---|---|
| 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 |