The financials
Lowe's by the numbers
Lowe's (LOW) reported revenue of $23.1B in Q1 2026 (quarter ended May 1, 2026), up 10% from the same quarter a year earlier. That came with a gross margin of 33% and net income of $1.63B (7.1% of revenue). For the full year FY2025, revenue was $86.3B (+3.1% year on year) and net income $6.65B. Its largest product in 2026-Q2 was Home Decor at $7.17B, 32% of the disclosed total, just ahead of Building Products at 30%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $23.1B | $20.9B | +10% |
| Gross profit | $7.54B | $6.99B | +8.0% |
| Operating income | $2.55B | $2.49B | +2.4% |
| Net income | $1.63B | $1.64B | −0.8% |
| Diluted EPS | $2.90 | $2.92 | −0.7% |
| Product | Revenue | Share |
|---|---|---|
| Home Decor | $7.17B | 32% |
| Building Products | $6.81B | 30% |
| Hardlines | $6.79B | 30% |
| Service | $706M | 3.2% |
| Other Sales | $551M | 2.5% |
| Product And Service Other | $317M | 1.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $22.35B (+1.8%)
Product And Service Other grew +46% year on yearBuilding Products -0.38% year on year
Segment Latestquarter on quarteryear on year
- Home Decor$7.17B$7.17BQoQ -8.0%year on year +1.1%-8.0%+1.1%
- Building Products$6.81B$6.81BQoQ -0.90%year on year -0.38%-0.90%-0.38%
- Hardlines$6.79B$6.79BQoQ +33%year on year +3.3%+33%+3.3%
- Service$706.0M$706.0MQoQ -6.2%year on year +30%-6.2%+30%
- Other Sales$551.0M$551.0MQoQ -46%year on year +30%-46%+30%
- Product And Service Other$317.0M$317.0MQoQ -17%year on year +46%-17%+46%
Consumer Cyclical
Ranks #63 of 255 by Smart Score