hD

Income Statement Summary

Autozone (AZO) quarterly income statement covering the six quarters from February 2025 to May 2026, as reported to the SEC.

  • Autozone reported net sales of $4.84B in the quarter ended May 9, 2026, up 8.4% from $4.46B a year earlier.
  • That is 13.3% higher than the February 2026 quarter.
  • Gross profit was $2.52B, up 7.3% from $2.35B. That is a gross margin of 52.2%.
  • Operating profit was $923.76M, up 6.6% from $866.17M. Operating margin was 19.1%.
  • Net income was $641.49M, up 5.4% from $608.44M. Net margin was 13.3%.
  • Diluted earnings per share was $38.07, up 7.7% from $35.36.
  • Cost of revenue took 47.8% of net sales and SG&A expense 33.1%.

An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.

Figures in USD millions, except per share data
May'26Feb'26Nov'25Aug'25May'25Feb'25
Net sales

4,840

4,274

4,628

6,242

4,464

3,952

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net sales

4,840

4,274

4,628

6,242

4,464

3,952

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Cost of sales, including warehouse and delivery expenses

2,316

2,030

2,269

3,026

2,110

1,823

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Cost of sales, including warehouse and delivery expenses

2,316

2,030

2,269

3,026

2,110

1,823

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Gross profit

2,524

2,243

2,359

3,216

2,353

2,128

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Gross profit

2,524

2,243

2,359

3,216

2,353

2,128

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating, selling, general and administrative expenses

1,600

1,544

1,575

2,020

1,487

1,421

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating, selling, general and administrative expenses

1,600

1,544

1,575

2,020

1,487

1,421

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating profit

923

698

784

1,196

866

706

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating profit

923

698

784

1,196

866

706

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense, net

-110

-107

-106

-148

-111

-108

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense, net

-110

-107

-106

-148

-111

-108

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income before income taxes

813

591

677

1,047

754

597

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income before income taxes

813

591

677

1,047

754

597

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income tax expense

171

122

147

211

146

110

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income tax expense

171

122

147

211

146

110

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income

641

468

530

836

608

487

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income

641

468

530

836

608

487

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Weighted average shares for basic earnings per share

16

16

16

16

16

16

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Weighted average shares for basic earnings per share

16

16

16

16

16

16

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Effect of dilutive stock equivalents

0

0

0

0

0

0

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Effect of dilutive stock equivalents

0

0

0

0

0

0

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Weighted average shares for diluted earnings per share

16

16

17

17

17

17

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Weighted average shares for diluted earnings per share

16

16

17

17

17

17

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Basic earnings per share

38.95

28.29

31.88

50.01

36.33

29.06

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Basic earnings per share

38.95

28.29

31.88

50.01

36.33

29.06

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted earnings per share

38.07

27.63

31.04

48.70

35.36

28.29

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted earnings per share

38.07

27.63

31.04

48.70

35.36

28.29

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx