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Tractor Supply (TSCO) operating margin by quarter

Tractor Supply's operating margin was 7.9% in Q3 2026 (third quarter 2026), -2.4 pts from Q2 2026. Over the last 7 quarters it ranged from 6.5% (Q1 2026) to 13.0% (Q2 2025).

Tractor Supply operating margin by quarterTractor Supply operating margin by quarter7.2%Q1 202513.0%Q2 20259.2%Q3 20257.6%Q4 20256.5%Q1 202610.3%Q2 20267.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20267.9%-2.4 pts-1.3 pts
Q2 202610.3%+3.8 pts-2.7 pts
Q1 20266.5%-1.1 pts-0.7 pts
Q4 20257.6%-1.6 pts—
Q3 20259.2%-3.8 pts—
Q2 202513.0%+5.8 pts—
Q1 20257.2%——

Q3 2026 at a glance

Tractor Supply, Q3 2026: revenue $3.9B (+5% year over year), operating margin 7.9%, net earnings $225M, operating cash flow $229M. The chart follows the revenue to costs, profit and cash.

Questions

What is Tractor Supply's operating margin?

Tractor Supply's operating margin was 7.9% in Q3 2026 (third quarter 2026), -2.4 pts from Q2 2026.

How has Tractor Supply's operating margin changed?

Over the last 7 quarters it ranged from 6.5% (Q1 2026) to 13.0% (Q2 2025).

Q3 2026 results → · How Tractor Supply makes money →