FINHUB Insights

LOW · Q1 FY25 · Feb 1 – May 2, 2025

Lowe's Q1 FY25: where the revenue came from and where it went

Lowe's Q1 FY25: revenue $20.9B (−2% year over year). Net profit $1.6B. Largest cohort Home Decor $7.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Feb 1 – May 2, 2025
Reported
May 29, 2025 10-Q
Sankey diagram of Lowe's's income statement for Q1 FY25: revenue of $20.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$20.9B −2% year over year
Gross profit$7B 33% margin
Operating profit$2.5B 12% margin
Net profit$1.6B 8% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends May 2, 2025).
ItemValueShare of revenueYear over year
Revenue 20.9 100% −2%
Home Decor 7.6 36% −1%
Building Products 6.6 32% +1%
Hardlines 6.4 31% −6%
Other Sales 0.4 2% +4%
Cost of revenue−13.967%
Gross profit733% margin+0pp
SG&A−419%+1pp
Other−0.42%+0pp
Operating profit2.512% margin−1pp
Tax−0.6
Interest & other costs−0.3
Net profit1.68%+0pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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