The Home Depot, Inc. (HD)

The Home Depot Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Feb 1, 2026	Nov 2, 2025	Aug 3, 2025	May 4, 2025	Feb 2, 2025	Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021
Revenue	164,683	166,189	165,054	162,952	159,514	154,596	152,089	151,830	152,669	153,714	154,876	155,752	157,403	157,291	155,239	152,565	151,157	147,699	144,415	141,350
Revenue Growth (YoY)	3.24%	7.50%	8.53%	7.32%	4.48%	0.57%	-1.80%	-2.52%	-3.01%	-2.27%	-0.23%	2.09%	4.13%	6.49%	7.50%	7.93%	14.42%	17.57%	21.03%	26.09%
Cost of Revenue	109,818	110,756	110,011	108,618	106,206	102,814	100,994	100,994	101,709	102,336	103,012	103,562	104,625	104,577	103,186	101,330	100,325	97,898	95,721	93,380
Gross Profit	54,865	55,433	55,043	54,334	53,308	51,782	51,095	50,836	50,960	51,378	51,864	52,190	52,778	52,714	52,053	51,235	50,832	49,801	48,694	47,970
Selling, General & Admin	30,702	30,655	30,231	29,611	28,748	27,702	27,139	26,910	26,598	26,468	26,287	26,029	26,284	26,166	25,866	25,642	25,406	25,162	25,070	24,992
Depreciation & Amortization Expenses	3,273	3,242	3,211	3,143	3,034	2,906	2,794	2,709	2,673	2,612	2,537	2,500	2,455	2,436	2,428	2,405	2,386	2,341	2,269	2,195
Total Operating Expenses	33,975	33,897	33,442	32,754	31,782	30,608	29,933	29,619	29,271	29,080	28,824	28,529	28,739	28,602	28,294	28,047	27,792	27,503	27,339	27,187
Operating Income	20,890	21,536	21,601	21,580	21,526	21,174	21,162	21,217	21,689	22,298	23,040	23,661	24,039	24,112	23,759	23,188	23,040	22,298	21,355	20,783
Interest Income	124	111	109	168	201	226	245	202	178	166	124	85	55	30	38	41	44	36	32	36
Interest Expense	-2,412	-2,456	-2,453	-2,451	-2,321	-2,196	-2,058	-1,954	-1,943	-1,881	-1,807	-1,719	-1,617	-1,507	-1,435	-1,380	-1,347	-1,343	-1,342	-1,362
Total Non-Operating Income (Expense)	-2,288	-2,345	-2,344	-2,283	-2,120	-1,970	-1,813	-1,752	-1,765	-1,715	-1,683	-1,634	-1,562	-1,477	-1,397	-1,339	-1,303	-1,307	-1,310	-1,326
Pretax Income	18,602	19,191	19,257	19,297	19,406	19,204	19,349	19,465	19,924	20,583	21,357	22,027	22,477	22,635	22,362	21,849	21,737	20,991	20,045	19,457
Provision for Income Taxes	4,446	4,609	4,628	4,658	4,600	4,594	4,577	4,595	4,781	4,879	5,124	5,280	5,372	5,540	5,477	5,330	5,304	5,053	4,804	4,691
Net Income	14,156	14,582	14,629	14,639	14,806	14,610	14,772	14,870	15,143	15,704	16,233	16,747	17,105	17,095	16,885	16,519	16,433	15,938	15,241	14,766
Net Income to Common	14,156	14,582	14,629	14,639	14,806	14,610	14,772	14,870	15,143	15,704	16,233	16,747	17,105	17,095	16,885	16,519	16,433	15,938	15,241	14,766
Net Income Growth	-4.39%	-0.19%	-0.97%	-1.55%	-2.23%	-6.97%	-9.00%	-11.21%	-11.47%	-8.14%	-3.86%	1.38%	4.09%	7.26%	10.79%	11.87%	27.72%	27.61%	28.87%	34.55%
Shares Outstanding (Basic)	993	992	992	991	990	990	992	994	999	1,005	1,011	1,017	1,022	1,028	1,035	1,044	1,054	1,063	1,069	1,073
Shares Outstanding (Diluted)	995	994	994	993	993	993	994	997	1,002	1,008	1,014	1,020	1,025	1,031	1,039	1,048	1,058	1,067	1,073	1,077
Shares Change (YoY)	0.18%	0.15%	-0.05%	-0.38%	-0.95%	-1.54%	-1.97%	-2.23%	-2.22%	-2.23%	-2.36%	-2.70%	-3.14%	-3.35%	-3.21%	-2.69%	-1.79%	-1.20%	-0.99%	-1.15%
EPS (Basic)	14.27	14.70	14.75	14.77	14.95	14.76	14.91	14.96	15.15	15.63	16.05	16.45	16.73	16.65	16.34	15.82	15.58	15.01	14.27	13.77
EPS (Diluted)	14.23	14.67	14.72	14.74	14.92	14.72	14.86	14.91	15.10	15.58	16.01	16.41	16.68	16.59	16.27	15.75	15.52	14.96	14.22	13.71
EPS Growth	-4.63%	-0.34%	-0.94%	-1.14%	-1.19%	-5.52%	-7.18%	-9.14%	-9.47%	-6.09%	-1.60%	4.19%	7.47%	10.90%	14.42%	14.88%	30.09%	29.41%	30.34%	36.28%
Free Cash Flow	12,646	13,927	14,230	15,194	16,325	16,630	16,778	17,887	17,946	17,762	16,269	13,120	11,496	10,161	10,835	11,304	14,005	12,113	11,484	17,011
Free Cash Flow Growth	-22.54%	-16.25%	-15.19%	-15.06%	-9.03%	-6.37%	3.13%	36.33%	56.11%	74.81%	50.15%	16.06%	-17.91%	-16.11%	-5.65%	-33.55%	-14.48%	-32.78%	-34.41%	40.26%
Free Cash Flow Per Share	12.71	14.01	14.32	15.30	16.44	16.75	16.88	17.94	17.91	17.62	16.04	12.87	11.22	9.85	10.43	10.79	13.24	11.35	10.70	15.79
Dividends Per Share	9.230	9.200	9.150	9.100	9.050	9.000	8.840	8.680	8.520	8.360	8.170	7.980	7.790	7.600	7.350	7.100	6.850	6.600	6.450	6.300
Dividend Growth	1.99%	2.22%	3.51%	4.84%	6.22%	7.66%	8.20%	8.77%	9.37%	10.00%	11.16%	12.39%	13.72%	15.15%	13.95%	12.70%	11.38%	10.00%	10.07%	10.14%
Gross Margin	33.32%	33.36%	33.35%	33.34%	33.42%	33.50%	33.60%	33.48%	33.38%	33.42%	33.49%	33.51%	33.53%	33.51%	33.53%	33.58%	33.63%	33.72%	33.72%	33.94%
Operating Margin	12.68%	12.96%	13.09%	13.24%	13.49%	13.70%	13.91%	13.97%	14.21%	14.51%	14.88%	15.19%	15.27%	15.33%	15.30%	15.20%	15.24%	15.10%	14.79%	14.70%
Profit Margin	8.60%	8.77%	8.86%	8.98%	9.28%	9.45%	9.71%	9.79%	9.92%	10.22%	10.48%	10.75%	10.87%	10.87%	10.88%	10.83%	10.87%	10.79%	10.55%	10.45%
FCF Margin	7.68%	8.38%	8.62%	9.32%	10.23%	10.76%	11.03%	11.78%	11.75%	11.56%	10.50%	8.42%	7.30%	6.46%	6.98%	7.41%	9.27%	8.20%	7.95%	12.03%
EBITDA	25,011	25,587	25,603	25,498	25,287	24,758	24,578	24,507	25,729	24,712	25,370	25,943	29,230	27,062	26,680	26,074	25,902	25,092	24,066	23,398
EBITDA Margin	15.19%	15.40%	15.51%	15.65%	15.85%	16.01%	16.16%	16.14%	16.85%	16.08%	16.38%	16.66%	18.57%	17.21%	17.19%	17.09%	17.14%	16.99%	16.66%	16.55%
EBIT	20,890	21,536	21,601	21,580	21,526	21,174	21,162	21,217	21,689	22,298	23,040	23,661	24,039	24,112	23,759	23,188	23,040	22,298	21,355	20,783
EBIT Margin	12.68%	12.96%	13.09%	13.24%	13.49%	13.70%	13.91%	13.97%	14.21%	14.51%	14.88%	15.19%	15.27%	15.33%	15.30%	15.20%	15.24%	15.10%	14.79%	14.70%
Effective Tax Rate	23.90%	24.02%	24.03%	24.14%	23.70%	23.92%	23.65%	23.61%	24.00%	23.70%	23.99%	23.97%	23.90%	24.48%	24.49%	24.39%	24.40%	24.07%	23.97%	24.11%

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q