Filing Flows › Dollar Tree (DLTR) › Q1 FY26
Dollar Tree (DLTR) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 4, 2025
Dollar Tree (DLTR) reported revenue of $4.6B for the first quarter fiscal 2026 (Q1 FY26), +11% from a year earlier. Operating margin was 8.3%, net earnings $343M (7.4% of revenue).
Dollar Tree, Q1 FY26: revenue $4.6B (+11% year over year), operating margin 8.3%, net earnings $343M, operating cash flow $378M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | — | +11% |
| Gross profit | $1.6B | — | +12% |
| Operating profit | $384M | — | +0.6% |
| Net earnings | $343M | — | +14% |
| Operating cash flow | $378M | — | -46% |
| Free cash flow | $130M | — | -66% |
What changed
Revenue was $4.6B in Q1 FY26, up 11% year over year.
Gross margin was 35.6%, up 0.1 points from a year earlier. Operating profit was $0.38B, a 8.3% margin (down 0.9 points year over year). Of the extra revenue versus a year earlier, 0% reached operating profit, below the 9% margin then. Operating expenses grew 16% against revenue growth of 11%. Net earnings were $0.34B, up 14% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.38B (down 46% year over year), 110% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.25B left free cash flow of $0.13B.
Questions
What was Dollar Tree's revenue in the first quarter fiscal 2026?
Dollar Tree (DLTR) reported revenue of $4.6B for the first quarter fiscal 2026 (Q1 FY26), +11% from a year earlier.
Was Dollar Tree profitable in the first quarter fiscal 2026?
Operating profit was $384M (8.3% of revenue) and net earnings $343M.
Source: Dollar Tree 10-Q on SEC EDGAR.