Filing Flows › Dollar Tree (DLTR) › Q2 FY26
Dollar Tree (DLTR) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 3, 2025
Dollar Tree (DLTR) reported revenue of $4.6B for the second quarter fiscal 2026 (Q2 FY26), +12% from a year earlier and -1% from the quarter before. Operating margin was 5.1%, net earnings $188M (4.1% of revenue).
Dollar Tree, Q2 FY26: revenue $4.6B (+12% year over year), operating margin 5.1%, net earnings $188M, operating cash flow $261M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | -1% | +12% |
| Gross profit | $1.6B | -5% | +13% |
| Operating profit | $231M | -40% | +7% |
| Net earnings | $188M | -45% | +42% |
| Operating cash flow | $261M | -31% | -15% |
| Free cash flow | $15.6M | -88% | — |
What changed
Revenue was $4.6B in Q2 FY26, up 12% year over year and down 1% from the previous quarter.
Gross margin was 34.4%, up 0.2 points from a year earlier. Operating profit was $0.23B, a 5.1% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, below the 5% margin then. Operating expenses grew 14% against revenue growth of 12%. Net earnings were $0.19B, up 42% year over year. The effective tax rate was 22.0%.
Operating cash flow was $0.26B (down 15% year over year), 138% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.10B. Capital expenditures of $0.25B left free cash flow of $0.02B.
Questions
What was Dollar Tree's revenue in the second quarter fiscal 2026?
Dollar Tree (DLTR) reported revenue of $4.6B for the second quarter fiscal 2026 (Q2 FY26), +12% from a year earlier and -1% from the quarter before.
Was Dollar Tree profitable in the second quarter fiscal 2026?
Operating profit was $231M (5.1% of revenue) and net earnings $188M.
Source: Dollar Tree 10-Q on SEC EDGAR.