Filing Flows › Tractor Supply (TSCO) › Q2 2026
Tractor Supply (TSCO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Tractor Supply (TSCO) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +26% from the quarter before. Operating margin was 10.3%, net earnings $361M (7.9% of revenue).
Tractor Supply, Q2 2026: revenue $4.5B (+2% year over year), operating margin 10.3%, net earnings $361M, operating cash flow $562M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | +26% | +2% |
| Gross profit | $1.7B | +29% | +3% |
| Operating profit | $467M | +100% | -19% |
| Net earnings | $361M | +119% | -16% |
| Operating cash flow | $562M | +517% | -28% |
| Free cash flow | $329M | — | -43% |
What changed
Revenue was $4.5B in Q2 2026, up 2% year over year and up 26% from the previous quarter.
Gross margin was 37.1%, up 0.1 points from Q2 2025. Operating profit was $0.47B, a 10.3% margin (down 2.7 points year over year). Operating profit fell $0.11B even though revenue rose $0.10B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 14% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+59%). Net earnings were $0.36B, down 16% year over year. The effective tax rate was 19.8%.
Operating cash flow was $0.56B (down 28% year over year), 156% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.23B left free cash flow of $0.33B.
Questions
What was Tractor Supply's revenue in the second quarter 2026?
Tractor Supply (TSCO) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +26% from the quarter before.
Was Tractor Supply profitable in the second quarter 2026?
Operating profit was $467M (10.3% of revenue) and net earnings $361M.
Source: Tractor Supply 10-Q on SEC EDGAR.