LOWE’S COMPANIES, INC. (LOW) FY2026 Q2 P&L / Income Statement

LOWE’S COMPANIES, INC. (LOW) FY2026 Q2 P&L / Income Statement

Income statement for 2026-05-02 through 2026-07-31. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

25,956,000,000 US dollars

Cost of sales

17,379,000,000 US dollars

Gross margin

8,577,000,000 US dollars

Operating expenses (calculated)

5,028,000,000 US dollars

Operating income

3,549,000,000 US dollars

Other income (expense), net (calculated)

negative 374,000,000 US dollars

Pre-tax earnings

3,175,000,000 US dollars

Income tax provision

776,000,000 US dollars

Net earnings

2,399,000,000 US dollars

Hardlines

7,952,000,000 US dollars

Home Decor

7,817,000,000 US dollars

Building Products

7,554,000,000 US dollars

Other

692,000,000 US dollars

Selling, general and administrative

4,456,000,000 US dollars

Depreciation and amortization

572,000,000 US dollars

Revenue before reconciliation (calculated)

24,015,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Other segment net sales

1,941,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.