Lowe's Companies, Inc. (LOW) Quarterly Income Statement

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Lowe's Companies, Inc. (LOW) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

LOW Income Statement

Lowe's Companies, Inc. (LOW) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	25.96B	23.08B	20.58B	20.81B	23.96B	20.93B	18.55B	20.17B	23.59B	21.36B	18.6B	20.47B	24.96B	22.35B	22.45B	23.48B	27.48B	23.66B	21.34B	22.92B
Revenue Growth %	8.34%	10.26%	10.95%	3.19%	1.58%	-2.03%	-0.26%	-1.47%	-5.49%	-4.4%	-17.12%	-12.81%	-9.17%	-5.55%	5.18%	2.45%	-0.34%	-3.12%	5.06%	2.73%
Cost of Goods Sold	17.38B	15.54B	12.52B	14.17B	16.32B	14.39B	12.9B	13.81B	16.11B	14.7B	13.02B	14.01B	16.98B	15.23B	15.61B	16.11B	18.79B	16.05B	14.75B	15.76B
COGS % of Revenue	66.96%	67.32%	60.84%	68.09%	68.1%	68.75%	69.54%	68.45%	68.32%	68.82%	69.98%	68.46%	68.06%	68.17%	69.55%	68.62%	68.39%	67.86%	69.12%	68.75%
Gross Profit	8.58B	7.54B	8.06B	6.64B	7.64B	6.54B	5.65B	6.36B	7.47B	6.66B	5.58B	6.46B	7.97B	7.11B	6.83B	7.37B	8.68B	7.61B	6.59B	7.16B
Gross Margin %	33.04%	32.68%	39.16%	31.91%	31.9%	31.25%	30.46%	31.55%	31.68%	31.18%	30.02%	31.54%	31.94%	31.83%	30.45%	31.38%	31.61%	32.14%	30.88%	31.25%
Gross Profit Growth %	12.21%	15.34%	42.6%	4.37%	2.3%	-1.83%	1.22%	-1.46%	-6.27%	-6.33%	-18.3%	-12.35%	-8.2%	-6.48%	3.72%	2.86%	-2.46%	-1.73%	8.66%	3.12%
Operating Expenses	5.03B	4.99B	6.35B	4.16B	4.17B	4.05B	3.9B	3.88B	4.07B	4.01B	3.82B	3.76B	4.09B	3.93B	2.63B	6.44B	4.46B	4.3B	4.74B	4.37B
OpEx % of Revenue	19.37%	21.62%	30.85%	19.99%	17.43%	19.33%	21.03%	19.24%	17.25%	18.77%	20.52%	18.37%	16.37%	17.57%	11.72%	27.44%	16.21%	18.19%	22.22%	19.08%
Selling, General & Admin	4.46B	4.42B	4.41B	4.16B	4.17B	4.05B	3.9B	3.88B	4.07B	4.01B	3.82B	3.76B	4.09B	3.93B	2.63B	6.44B	4.46B	4.3B	4.74B	4.37B
SG&A % of Revenue	17.17%	19.17%	21.42%	19.99%	17.43%	19.33%	21.03%	19.24%	17.25%	18.77%	20.52%	18.37%	16.37%	17.57%	11.72%	27.44%	16.21%	18.19%	22.22%	19.08%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	1000K	1000K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	3.55B	2.55B	1.71B	2.48B	3.47B	2.49B	1.75B	2.48B	3.4B	2.65B	1.77B	2.7B	3.89B	3.19B	4.21B	924M	4.23B	3.3B	1.85B	2.79B
Operating Margin %	13.67%	11.07%	8.3%	11.92%	14.48%	11.92%	9.43%	12.31%	14.43%	12.42%	9.49%	13.17%	15.57%	14.26%	18.73%	3.94%	15.39%	13.96%	8.66%	12.17%
Operating Income Growth %	2.31%	2.41%	-2.34%	-0.04%	1.91%	-5.99%	-0.91%	-7.94%	-12.4%	-16.73%	-58%	191.77%	-8.11%	-3.51%	127.42%	-66.87%	0.45%	1.76%	7.06%	12.64%
EBITDA	3.55B	3.2B	2.27B	3.02B	3.98B	3B	2.26B	2.98B	3.88B	3.14B	2.26B	3.18B	4.5B	3.76B	4.8B	1.56B	4.87B	3.94B	2.48B	3.4B
EBITDA Margin %	13.67%	13.86%	11.04%	14.49%	16.63%	14.34%	12.19%	14.75%	16.47%	14.69%	12.16%	15.54%	18.01%	16.82%	21.4%	6.63%	17.73%	16.65%	11.61%	14.84%
EBITDA Growth %	-10.92%	6.56%	0.49%	1.34%	2.55%	-4.4%	-0.04%	-6.47%	-13.57%	-16.49%	-52.91%	104.5%	-7.72%	-4.59%	93.94%	-54.25%	1.44%	3.36%	8.07%	13.25%
D&A (Non-Cash Add-back)	0	644M	563M	535M	515M	507M	511M	494M	481M	486M	496M	486M	609M	573M	599M	632M	642M	638M	628M	612M
EBIT	3.55B	2.56B	1.3B	2.52B	3.51B	2.52B	1.86B	2.59B	3.5B	2.67B	1.7B	2.72B	3.92B	3.3B	1.72B	934M	4.23B	3.3B	1.83B	2.78B
Net Interest Income	-374M	-399M	-404M	-351M	-312M	-336M	-328M	-317M	-317M	-349M	-339M	-345M	-341M	-349M	-317M	-291M	-258M	-235M	-219M	-215M
Interest Income	0	9M	13M	41M	42M	25M	35M	50M	52M	21M	23M	27M	35M	16M	16M	14M	5M	2M	2M	3M
Interest Expense	374M	408M	417M	392M	354M	361M	363M	367M	369M	370M	362M	372M	376M	365M	333M	305M	263M	237M	221M	218M
Other Income/Expense	-374M	-399M	-404M	-352M	-313M	-337M	-248M	-263M	-274M	-352M	-427M	-345M	-341M	-247M	-2.82B	-295M	-264M	-243M	-235M	-223M
Pretax Income	3.17B	2.15B	1.3B	2.13B	3.16B	2.16B	1.5B	2.22B	3.13B	2.3B	1.34B	2.35B	3.54B	2.94B	1.38B	629M	3.96B	3.06B	1.61B	2.57B
Pretax Margin %	12.23%	9.34%	6.34%	10.23%	13.17%	10.31%	8.1%	11%	13.27%	10.77%	7.2%	11.48%	14.21%	13.15%	6.16%	2.68%	14.43%	12.93%	7.56%	11.2%
Income Tax	776M	527M	306M	513M	758M	516M	378M	524M	747M	546M	319M	578M	872M	679M	425M	475M	973M	726M	408M	670M
Effective Tax Rate %	24.44%	24.45%	23.45%	24.1%	24.02%	23.92%	25.17%	23.61%	23.87%	23.73%	23.82%	24.59%	24.6%	23.1%	30.75%	75.52%	24.54%	23.73%	25.28%	26.11%
Net Income	2.4B	1.63B	999M	1.62B	2.4B	1.64B	1.12B	1.7B	2.38B	1.75B	1.02B	1.77B	2.67B	2.26B	958M	154M	2.99B	2.33B	1.21B	1.9B
Net Margin %	9.24%	7.05%	4.85%	7.76%	10.01%	7.84%	6.06%	8.4%	10.1%	8.21%	5.48%	8.66%	10.71%	10.11%	4.27%	0.66%	10.89%	9.86%	5.65%	8.27%
Net Income Growth %	0.04%	-0.79%	-11.12%	-4.66%	0.63%	-6.5%	10.2%	-4.4%	-10.85%	-22.35%	6.47%	1051.3%	-10.66%	-3.13%	-20.56%	-91.88%	-0.86%	0.52%	23.31%	173.99%
Net Income (Continuing)	2.4B	1.63B	999M	1.62B	2.4B	1.64B	1.13B	1.7B	2.38B	1.75B	1.02B	1.77B	2.67B	2.26B	958M	154M	2.99B	2.33B	1.21B	1.9B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	4.27	2.90	1.78	2.88	4.27	2.92	2.00	2.99	4.17	3.06	1.77	3.07	4.56	3.78	1.58	0.25	4.67	3.51	1.78	2.73
EPS Growth %	0%	-0.68%	-11%	-3.68%	2.4%	-4.58%	12.99%	-2.61%	-8.55%	-19.05%	12.03%	1128%	-2.36%	7.69%	-11.24%	-90.84%	9.88%	9.35%	34.85%	200%
EPS (Basic)	4.28	2.90	1.78	2.88	4.28	2.93	2.00	2.99	4.18	3.06	1.77	3.07	4.57	3.78	1.58	0.25	4.68	3.52	1.79	2.74
Diluted Shares Outstanding	560M	560M	560M	560M	560M	560M	563M	566M	570M	572M	575M	577M	585M	597M	605M	620M	639M	662M	676M	690M
Basic Shares Outstanding	559M	559M	559M	559M	559M	559M	562M	565M	568M	571M	574M	576M	584M	596M	603M	618M	638M	660M	673M	690M
Dividend Payout Ratio	-	41.4%	67.37%	41.65%	26.9%	39.31%	57.83%	38.58%	26.4%	36.07%	61.96%	36.21%	23.34%	28.01%	67.12%	432.47%	17.51%	23.02%	45.69%	29.69%