LOW · Q3 FY25 · Oct 31, 2025
Lowe's Q3 FY25: where the revenue came from and where it went
Lowe's Q3 FY25: revenue $20.8B (+3% year over year). Net profit $1.6B. Largest cohort Home Decor $7.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 31, 2025
- Reported
- Nov 26, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$20.8B
+3% year over year
Gross profit$7.1B
34% margin
Operating profit$2.5B
12% margin
Net profit$1.6B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 20.8 | 100% | +3% |
| Home Decor | 7.8 | 38% | +3% |
| Building Products | 6.9 | 33% | +2% |
| Hardlines | 5.1 | 25% | −4% |
| Other Sales | 1 | 5% | +78% |
| Cost of revenue | −13.7 | 66% | |
| Gross profit | 7.1 | 34% margin | +0pp |
| SG&A | −4.1 | 20% | +1pp |
| Other | −0.5 | 2% | +0pp |
| Operating profit | 2.5 | 12% margin | −1pp |
| Tax | −0.5 | ||
| Interest & other costs | −0.4 | ||
| Net profit | 1.6 | 8% | −1pp |
Older quarters
-
Q1 FY26 5/2026Revenue $23.1B Net margin 7%
-
Q2 FY25 8/2025Revenue $24B Net margin 10%
-
Q1 FY25 5/2025Revenue $20.9B Net margin 8%
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