The Home Depot, Inc. (HD) income statement
NYSE · Consumer Cyclical · Home Improvement · 472,400 employees · CEO Edward Decker
- Price
- $329.20 +0.07%
- Market cap
- $328B
- Enterprise value
- $389B
- Last report
- Q2 '26 filed 2026-08-25
- Next report
- 2026-11-17 EPS est. $3.83
The Home Depot, Inc. (HD) reported revenue of $47.9B for Q2 '26 (+5.7% year on year), operating income of $6.84B (14.3% of revenue) and net income of $4.77B. Over the last four quarters revenue was $169B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.7B | $34.8B | $36.4B | $43.2B | $40.2B | $39.7B | $39.9B | $45.3B | $41.4B | $38.2B | $41.8B | $47.9B | |
| Cost of revenue | $25B | $23.3B | $24B | $28.8B | $26.8B | $26.7B | $26.4B | $30.2B | $27.5B | $25.7B | $28B | $31.7B | |
| Gross profit | $12.7B | $11.5B | $12.4B | $14.4B | $13.4B | $13B | $13.5B | $15.1B | $13.8B | $12.5B | $13.8B | $16.1B | |
| Other operating expenses | $683M | $686M | $687M | $738M | $795M | $814M | $796M | $806M | $826M | $845M | $841M | $852M | |
| Operating expenses | $7.33B | $7.37B | $7.35B | $7.88B | $8.01B | $8.54B | $8.33B | $8.57B | $8.46B | $8.62B | $8.8B | $9.28B | |
| Operating income | $5.41B | $4.14B | $5.08B | $6.53B | $5.42B | $4.5B | $5.13B | $6.56B | $5.35B | $3.85B | $4.98B | $6.84B | |
| Interest income | $49M | $55M | $57M | $84M | $30M | $30M | $24M | $25M | $49M | $43M | -$7M | $0 | |
| Interest expense | $487M | $513M | $485M | $573M | $625M | $638M | $615M | $575M | $628M | $594M | $611M | $583M | |
| Other non-operating income (gains on investments, FX ...) | -$49M | -$55M | -$57M | -$84M | -$30M | -$30M | -$24M | -$25M | -$32M | -$43M | -$7M | -$59M | |
| Total non-operating income | -$438M | -$458M | -$428M | -$489M | -$595M | -$608M | -$591M | -$550M | -$596M | -$551M | -$604M | -$524M | |
| Income before tax | $4.97B | $3.69B | $4.65B | $6.05B | $4.82B | $3.89B | $4.54B | $6.01B | $4.76B | $3.3B | $4.38B | $6.32B | |
| Income tax | $1.16B | $884M | $1.05B | $1.48B | $1.18B | $890M | $1.11B | $1.45B | $1.16B | $727M | $1.09B | $1.55B | |
| Net income | $3.81B | $2.8B | $3.6B | $4.56B | $3.65B | $3B | $3.43B | $4.55B | $3.6B | $2.57B | $3.29B | $4.77B | |
| EPS (basic) | $3.83 | $2.83 | $3.64 | $4.61 | $3.68 | $3.02 | $3.46 | $4.59 | $3.63 | $2.59 | $3.31 | $4.79 | |
| EPS (diluted) | $3.81 | $2.82 | $3.63 | $4.60 | $3.67 | $3.02 | $3.45 | $4.58 | $3.62 | $2.58 | $3.30 | $4.79 | |
| Shares (basic, weighted) | 996M | 991M | 989M | 990M | 991M | 991M | 992M | 992M | 992M | 993M | 994M | 994M | |
| Shares (diluted, weighted) | 999M | 994M | 992M | 992M | 993M | 994M | 994M | 994M | 994M | 997M | 996M | 996M | |
| Depreciation & amortization | $827M | $832M | $837M | $920M | $995M | $1.01B | $994M | $1B | $1.04B | $1.08B | $1.08B | $1.11B | |
| EBITDA | $6.28B | $5.03B | $5.97B | $7.54B | $6.41B | $5.53B | $6.15B | $7.58B | $6.43B | $4.97B | $6.07B | $8.01B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.6B | $101B | $108B | $110B | $132B | $151B | $157B | $153B | $160B | $165B | |
| Cost of revenue | $62.3B | $66.5B | $71B | $72.7B | $87.3B | $100B | $105B | $102B | $106B | $110B | |
| Gross profit | $32.3B | $34.4B | $37.2B | $37.6B | $44.9B | $50.8B | $52.8B | $51B | $53.3B | $54.9B | |
| Sales & marketing | $789M | $797M | $921M | $904M | $909M | $1.04B | $1.09B | $1.1B | $1.2B | $0 | |
| General & administrative | $16.3B | $17.1B | $18.6B | $18.8B | $23.5B | $24.4B | $25.2B | $25.5B | $27.5B | $0 | |
| Other operating expenses | $1.75B | $1.81B | $2.12B | $1.99B | $2.13B | $2.39B | $2.46B | $2.67B | $3.03B | $3.27B | |
| Operating expenses | $18.9B | $19.7B | $21.6B | $21.7B | $26.6B | $27.8B | $28.7B | $29.3B | $31.8B | $34B | |
| Operating income | $13.4B | $14.7B | $15.5B | $15.8B | $18.3B | $23B | $24B | $21.7B | $21.5B | $20.9B | |
| Interest income | $36M | $74M | $93M | $73M | $47M | $44M | $55M | $178M | $201M | $141M | |
| Interest expense | $972M | $1.06B | $1.05B | $1.2B | $1.35B | $1.35B | $1.62B | $1.94B | $2.32B | $2.41B | |
| Other non-operating income (gains on investments, FX ...) | $0 | -$74M | -$247M | -$73M | -$47M | -$44M | -$55M | -$178M | -$201M | -$124M | |
| Total non-operating income | -$936M | -$983M | -$974M | -$1.13B | -$1.3B | -$1.3B | -$1.56B | -$1.77B | -$2.12B | -$2.29B | |
| Income before tax | $12.5B | $13.7B | $14.6B | $14.7B | $17B | $21.7B | $22.5B | $19.9B | $19.4B | $18.6B | |
| Income tax | $4.53B | $5.07B | $3.44B | $3.47B | $4.11B | $5.3B | $5.37B | $4.78B | $4.6B | $4.45B | |
| Net income | $7.96B | $8.63B | $11.1B | $11.2B | $12.9B | $16.4B | $17.1B | $15.1B | $14.8B | $14.2B | |
| EPS (basic) | $6.47 | $7.33 | $9.78 | $10.29 | $11.98 | $15.59 | $16.74 | $15.16 | $14.96 | $14.27 | |
| EPS (diluted) | $6.45 | $7.29 | $9.73 | $10.25 | $11.94 | $15.53 | $16.69 | $15.11 | $14.91 | $14.23 | |
| Shares (basic, weighted) | 1.23B | 1.18B | 1.14B | 1.09B | 1.07B | 1.05B | 1.02B | 999M | 990M | 993M | |
| Shares (diluted, weighted) | 1.23B | 1.18B | 1.14B | 1.1B | 1.08B | 1.06B | 1.03B | 1B | 993M | 997M | |
| Depreciation & amortization | $1.97B | $2.06B | $2.15B | $2.3B | $2.52B | $2.86B | $2.98B | $3.25B | $3.76B | $4.12B | |
| EBITDA | $15.4B | $16.8B | $17.9B | $18.2B | $20.8B | $25.9B | $27.1B | $25.1B | $25.4B | $25.1B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-08-02, 10-Q 2026-05-03, 10-K 2026-02-01, 10-Q 2025-11-02, 10-Q 2025-08-03, 10-Q 2025-05-04, 10-K 2025-02-02, 10-Q 2024-10-27, 10-Q 2024-07-28
Data as of 2026-11-01