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Dollar Tree (DLTR) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Mar 16, 2026

Dollar Tree (DLTR) reported revenue of $5.5B for the fourth quarter fiscal 2026 (Q4 FY26), +9% from a year earlier and +15% from the quarter before. Operating margin was 12.7%, net earnings $506M (9.3% of revenue).

Revenue$5.5B
Year over year+9%
Quarter over quarter+15%
Operating margin12.7%
Net earnings$506M

Dollar Tree, Q4 FY26: revenue $5.5B (+9% year over year), operating margin 12.7%, net earnings $506M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$5.5B+15%+9%
Gross profit$2.1B+25%+13%
Operating profit$695M+102%+30%
Net earnings$506M+107%—
Operating cash flow$1.2B+286%+44%
Free cash flow$968M—+72%

What changed

Revenue was $5.5B in Q4 FY26, up 9% year over year and up 15% from the previous quarter.

Gross margin was 39.1%, up 1.5 points from Q4 FY25. Operating profit was $0.69B, a 12.7% margin (up 2.1 points year over year). Of the extra revenue versus Q4 FY25, 36% reached operating profit, above the 11% margin then. Operating expenses grew 7% against revenue growth of 9%. Net earnings were $0.51B. The effective tax rate was 24.6%.

Operating cash flow was $1.2B (up 44% year over year), 243% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.54B. Capital expenditures of $0.26B left free cash flow of $1.0B.

Questions

What was Dollar Tree's revenue in the fourth quarter fiscal 2026?

Dollar Tree (DLTR) reported revenue of $5.5B for the fourth quarter fiscal 2026 (Q4 FY26), +9% from a year earlier and +15% from the quarter before.

Was Dollar Tree profitable in the fourth quarter fiscal 2026?

Operating profit was $695M (12.7% of revenue) and net earnings $506M.

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Source: Dollar Tree 10-K on SEC EDGAR.