LOWE’S COMPANIES, INC. (LOW) FY2026 Q1 P&L / Income Statement

LOWE’S COMPANIES, INC. (LOW) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-31 through 2026-05-01. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

23,078,000,000 US dollars

Cost of sales

15,535,000,000 US dollars

Gross margin

7,543,000,000 US dollars

Operating expenses (calculated)

4,989,000,000 US dollars

Operating income

2,554,000,000 US dollars

Other income (expense), net (calculated)

negative 399,000,000 US dollars

Pre-tax earnings

2,155,000,000 US dollars

Income tax provision

527,000,000 US dollars

Net earnings

1,628,000,000 US dollars

Products

22,055,000,000 US dollars

Services

706,000,000 US dollars

Other

317,000,000 US dollars

Selling, general and administrative

4,423,000,000 US dollars

Depreciation and amortization

566,000,000 US dollars

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.