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AutoZone (AZO) operating margin by quarter

AutoZone's operating margin was 20.0% in Q4 FY26 (fourth quarter fiscal 2026), +0.9 pts from Q3 FY26. Over the last 7 quarters it ranged from 16.3% (Q2 FY26) to 20.0% (Q4 FY26).

AutoZone operating margin by quarterAutoZone operating margin by quarter17.9%Q2 FY2519.4%Q3 FY2519.2%Q4 FY2516.9%Q1 FY2616.3%Q2 FY2619.1%Q3 FY2620.0%Q4 FY26
QuarterOperating marginQ/QY/Y
Q4 FY2620.0%+0.9 pts+0.8 pts
Q3 FY2619.1%+2.7 pts-0.3 pts
Q2 FY2616.3%-0.6 pts-1.5 pts
Q1 FY2616.9%-2.2 pts—
Q4 FY2519.2%-0.2 pts—
Q3 FY2519.4%+1.5 pts—
Q2 FY2517.9%——

Q4 FY26 at a glance

AutoZone, Q4 FY26: revenue $6.6B (+6% year over year), operating margin 20.0%, net earnings $932M. The chart follows the revenue to costs, profit and cash.

Questions

What is AutoZone's operating margin?

AutoZone's operating margin was 20.0% in Q4 FY26 (fourth quarter fiscal 2026), +0.9 pts from Q3 FY26.

How has AutoZone's operating margin changed?

Over the last 7 quarters it ranged from 16.3% (Q2 FY26) to 20.0% (Q4 FY26).

Q4 FY26 results → · How AutoZone makes money →