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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-27 | Q1 FY262026-03-28 | Q4 FY252025-12-27 | Q3 FY252025-09-27 | Q2 FY252025-06-28 | Q1 FY252025-03-29 | Q4 FY242024-12-28 | Q3 FY242024-09-28 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.54B | $3.59B | $3.90B | $3.72B | $4.44B | $3.47B | $3.77B | $3.47B |
| Cost of revenue | $2.86B | $2.29B | $2.53B | $2.33B | $2.80B | $2.21B | $2.44B | $2.18B |
| Gross profit | $1.68B | $1.30B | $1.37B | $1.39B | $1.64B | $1.26B | $1.33B | $1.29B |
| Gross margin | 37.1% | 36.2% | 35.1% | 37.4% | 36.9% | 36.2% | 35.2% | 37.2% |
| Selling, general and administrative | $1.02B | $941.15M | $944.39M | $922.45M | $940.06M | $886.21M | $891.23M | $852.30M |
| Operating expenses | $1.22B | $1.07B | $1.07B | $1.05B | $1.06B | $1.01B | $1.01B | $965.85M |
| Operating income | $467.12M | $233.43M | $297.73M | $342.71M | $577.81M | $249.14M | $318.35M | $324.60M |
| Operating margin | 10.3% | 6.5% | 7.6% | 9.2% | 13.0% | 7.2% | 8.4% | 9.4% |
| EBITDA | $660.71M | $360.03M | $425.49M | $466.78M | $699.91M | $369.22M | $438.40M | $438.15M |
| Interest expense | −$17.10M | −$19.11M | −$16.85M | −$14.67M | −$17.98M | −$19.64M | −$17.20M | −$13.88M |
| Income before taxes | $450.01M | $214.32M | $280.88M | $328.04M | $559.83M | $229.50M | $301.15M | $310.72M |
| Income taxes | $89.30M | $49.80M | $53.47M | $68.77M | $129.79M | $50.13M | $64.74M | $69.25M |
| Net income | $360.72M | $164.52M | $227.41M | $259.27M | $430.04M | $179.37M | $236.41M | $241.47M |
| Net margin | 7.9% | 4.6% | 5.8% | 7.0% | 9.7% | 5.2% | 6.3% | 7.0% |
| EPS, basic | $0.69 | $0.31 | $0.43 | $0.49 | $0.81 | $0.34 | $0.44 | $0.45 |
| EPS, diluted | $0.69 | $0.31 | $0.43 | $0.49 | $0.81 | $0.34 | $0.44 | $0.45 |
| Diluted shares | 524.62M | 528.14M | 530.27M | 532.14M | 532.21M | 534.10M | 536.41M | 538.39M |
Figures describe Tractor Supply shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.