Lowe's Companies Quarterly Income Statement
NYSE: LOWConsumer DiscretionaryRETAIL: Building MaterialsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lowe's Companies revenue and earnings
In the quarter ended Jul 31, 2026, Lowe's Companies generated $25.96 billion in revenue, up 8.3% from the same quarter a year earlier. Net income was $2.40 billion (+0.0% year over year), for a net margin of 9.2% versus a median of 7.8% in the prior 5 quarters. Gross margin was 33.0% (down from 33.8%) and operating margin 13.7%.
Diluted earnings per share came in at $4.27, up from $4.27.
Summary generated from market data by MetaCap's automated system. Methodology
Lowe's Companies income statement (quarterly)
| Quarter (USD) | Q2 20262026-07-31 | Q1 20262026-05-01 | Q4 20252026-01-30 | Q3 20252025-10-31 | Q2 20252025-08-01 | Q1 20252025-05-02 | Q4 20242025-01-31 | Q3 20242024-11-01 | Q2 20242024-08-02 | Q1 20242024-05-03 | Q4 20232024-02-02 | Q3 20232023-11-03 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.96B | 23.08B | 20.59B | 20.81B | 23.96B | 20.93B | 18.55B | 20.17B | 23.59B | 21.36B | 18.60B | 20.47B |
| Revenue growth (YoY) | +8.34% | +10.26% | +10.95% | +3.19% | +1.58% | -2.03% | -0.26% | -1.47% | -5.49% | -4.40% | -17.12% | -12.81% |
| Cost of Revenue | 17.38B | 15.54B | 13.90B | 13.70B | 15.86B | 13.94B | 12.46B | 13.37B | 15.69B | 14.27B | 12.57B | 13.58B |
| Gross Profit | 8.58B | 7.54B | 6.68B | 7.12B | 8.10B | 6.99B | 6.10B | 6.80B | 7.89B | 7.09B | 6.03B | 6.89B |
| Operating Expenses | 5.03B | 4.99B | 4.97B | 4.63B | 4.63B | 4.49B | 4.27B | 4.26B | 4.45B | 4.44B | 4.34B | 4.20B |
| Selling, General & Admin | 4.46B | 4.42B | 4.41B | 4.16B | 4.17B | 4.05B | 3.82B | 3.83B | 4.03B | 4.01B | 3.90B | 3.76B |
| Operating Income | 3.55B | 2.55B | 1.71B | 2.48B | 3.47B | 2.49B | 1.83B | 2.54B | 3.45B | 2.65B | 1.69B | 2.70B |
| Pretax Income | 3.17B | 2.15B | 1.30B | 2.13B | 3.16B | 2.16B | 1.50B | 2.22B | 3.13B | 2.30B | 1.34B | 2.35B |
| Income Tax | 776.00M | 527.00M | 304.00M | 513.00M | 758.00M | 516.00M | 378.00M | 524.00M | 747.00M | 546.00M | 319.00M | 578.00M |
| Net Income | 2.40B | 1.63B | 1.00B | 1.62B | 2.40B | 1.64B | 1.12B | 1.70B | 2.38B | 1.75B | 1.02B | 1.77B |
| Net Income growth (YoY) | +0.04% | -0.79% | -11.03% | -4.66% | +0.63% | -6.50% | +10.20% | -4.40% | -10.85% | -22.35% | +6.47% | +1051.30% |
| EPS (Basic) | 4.28 | 2.90 | 1.78 | 2.88 | 4.28 | 2.93 | 2.02 | 2.99 | 4.18 | 3.06 | 1.82 | 3.07 |
| EPS (Diluted) | 4.27 | 2.90 | 1.78 | 2.88 | 4.27 | 2.92 | 2.01 | 2.99 | 4.17 | 3.06 | 1.81 | 3.06 |
| Shares Outstanding (Basic) | 559.00M | 559.00M | — | 559.00M | 559.00M | 559.00M | — | 565.00M | 568.00M | 571.00M | — | 576.00M |
| Shares Outstanding (Diluted) | 560.00M | 560.00M | — | 560.00M | 560.00M | 560.00M | — | 566.00M | 570.00M | 572.00M | — | 577.00M |
| EBITDA | 4.20B | 3.20B | 2.35B | 3.02B | 3.98B | 3.00B | 2.34B | 3.03B | 3.93B | 3.14B | 2.18B | 3.18B |
| Gross Margin | 33.04% | 32.68% | 32.46% | 34.19% | 33.81% | 33.38% | 32.86% | 33.69% | 33.47% | 33.19% | 32.40% | 33.66% |
| Operating Margin | 13.67% | 11.07% | 8.30% | 11.92% | 14.48% | 11.92% | 9.86% | 12.57% | 14.61% | 12.42% | 9.07% | 13.17% |
| Net Margin | 9.24% | 7.05% | 4.86% | 7.76% | 10.01% | 7.84% | 6.06% | 8.40% | 10.10% | 8.21% | 5.48% | 8.66% |
This table shows 12 quarterly periods of Lowe's Companies's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LOW's reporting calendar. What is a income statement?