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

Revenue by Product and Service (3 categories)

2026-05-02 to 2026-07-31

Swipe to see the full flow
LOWE’S COMPANIES, INC. (LOW) FY2026 Q2 P&L / Income StatementIncome statement for 2026-05-02 through 2026-07-31. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProductsServicesOtherNet salesGross marginCost of salesOperating incomeOperating expenses (calculated)Selling, general and administrativeDepreciation and amortizationPre-tax earningsOther income (expense), net (calculated)Net earningsIncome tax provisionNet salesNet sales$25.96 BGross marginGross margin$8.58 BOperating incomeOperating income$3.55 BPre-tax earningsPre-tax earnings$3.18 BNet earningsNet earnings$2.40 BOperating expenses (calculated)Operating expenses(calculated)$5.03 BIncome tax provisionIncome taxes$776.00 MProductsProducts$24.73 BSelling, general and administrativeSelling, general and administrative$4.46 BOther income (expense), net (calculated)Other income,net (calculated)−$374.00 MCost of salesCost of sales$17.38 BDepreciation and amortizationDepreciation and amortization$572.00 MServicesServices$783.00 MOtherOther$439.00 M
Chart details

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 (3 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
Products
24,734,000,000 US dollars
Services
783,000,000 US dollars
Other
439,000,000 US dollars
Selling, general and administrative
4,456,000,000 US dollars
Depreciation and amortization
572,000,000 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.
LOWE’S COMPANIES, INC. (LOW) FY2026 Q2 Revenue by Product and Service (3 categories) Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

33.0%

Gross profit / revenue

Operating margin

13.7%

Operating profit / revenue

Cash conversion

152.5%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!