Tractor Supply Q4 FY25: where the revenue came from and where it went
The whole income statement of Tractor Supply for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Sep 28 – Dec 27, 2025
- Reported
- Feb 19, 2026
Revenue$3.90B
+3% year over year
Gross profit$1.37B
35% margin
Operating profit$0.30B
8% margin
Net profit$1.10B
28% margin
Net profit is larger than what operations earned, because the statement adds $0.85B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.90 | 100% | +3% |
| Cost of revenue | −2.53 | 65% | |
| Gross profit | 1.37 | 35% margin | +0pp |
| SG&A | −0.94 | 24% | +1pp |
| Other | −0.13 | 4% | +0pp |
| Operating profit | 0.30 | 8% margin | −1pp |
| Other income, net | 0.85 | ||
| Tax | −0.05 | ||
| Net profit | 1.10 | 28% margin | +22pp |
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