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HD · Q2 FY2026 (May-Jul 2026)

Home Depot Q2 FY2026
Out of every $100 in sales, $14 was operating profit

Next earnings: Tue, Nov 17, before the open (expected)
Revenue
$47.9B
+6% vs. a year ago
Operating income
$6.8B
+4% vs. a year ago
Net income
$4.8B
+5% vs. a year ago
Operating margin
14%
14% → 14%

Where every $100 of sales went

Per $100 of sales
Revenue
$100
$47.9B
−Cost of revenue
−$66
$31.7B
Gross profit
$34
$16.1B
−SG&A
−$18
$8.4B
−Other
−$1.8
$0.9B
Operating income
$14
$6.8B
−Taxes & non-operating items
−$4.3
$2.1B
Net income
$10
$4.8B

Last 8 quarters: revenue and operating income

13%FY24 Q311%FY24 Q413%FY25 Q114%FY25 Q213%FY25 Q310%FY25 Q412%FY26 Q114%FY26 Q2

Quarter by quarter

QuarterRevenueOperating incomeOperating marginNet income
Q2 FY2026 (May-Jul 2026)$47.9B$6.8B14.3%$4.8B
Q1 FY2026 (Feb-Apr 2026)$41.8B$5.0B11.9%$3.3B
Q4 FY2025 (Nov-Jan 2026)$38.2B$3.8B10.1%$2.6B
Q3 FY2025 (Aug-Oct 2025)$41.4B$5.4B12.9%$3.6B
Q2 FY2025 (May-Jul 2025)$45.3B$6.6B14.5%$4.6B
Q1 FY2025 (Feb-Apr 2025)$39.9B$5.1B12.9%$3.4B
Q4 FY2024 (Nov-Jan 2025)$39.7B$4.5B11.3%$3.0B
Q3 FY2024 (Aug-Oct 2024)$40.2B$5.4B13.5%$3.6B

XBRL figures from the company's 10-Q and 10-K filings with the SEC. The fourth quarter is the full year minus the first three. Where gross profit isn't reported, it is revenue minus cost of revenue. For information only, not investment advice.

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