LOWE’S COMPANIES, INC. (LOW) FY2026 YTD Q2 P&L / Income Statement
2026-01-31 to 2026-07-31
Revenue by Product and Service (5 categories)
2026-01-31 to 2026-07-31
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LOWE’S COMPANIES, INC. (LOW) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-31 through 2026-07-31. View: Product and service (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales
- 49,034,000,000 US dollars
- Cost of sales
- 32,914,000,000 US dollars
- Gross margin
- 16,120,000,000 US dollars
- Operating expenses (calculated)
- 10,017,000,000 US dollars
- Operating income
- 6,103,000,000 US dollars
- Other income (expense), net (calculated)
- negative 773,000,000 US dollars
- Pre-tax earnings
- 5,330,000,000 US dollars
- Income tax provision
- 1,303,000,000 US dollars
- Net earnings
- 4,027,000,000 US dollars
- Hardlines
- 14,735,000,000 US dollars
- Home Decor
- 14,991,000,000 US dollars
- Building Products
- 14,371,000,000 US dollars
- Other
- 1,242,000,000 US dollars
- Selling, general and administrative
- 8,879,000,000 US dollars
- Depreciation and amortization
- 1,138,000,000 US dollars
- Revenue before reconciliation (calculated)
- 45,339,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Other segment net sales
- 3,695,000,000 US dollars. Reported reconciliation to consolidated revenue.
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- 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.

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Gross margin
32.9%
Gross profit / revenue
Operating margin
12.4%
Operating profit / revenue
Cash conversion
174.1%
Operating cash / net income, same period
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