FINHUB Insights

LOW · Q1 FY26 · Jan 31 – May 1, 2026

Lowe's Q1 FY26: where the revenue came from and where it went

Lowe's Q1 FY26: revenue $23.1B (+10% year over year). Net profit $1.6B. Largest cohort Home Decor $7.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 31 – May 1, 2026
Reported
May 28, 2026 10-Q
Sankey diagram of Lowe's's income statement for Q1 FY26: revenue of $23.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$23.1B +10% year over year
Gross profit$7.5B 33% margin
Operating profit$2.6B 11% margin
Net profit$1.6B 7% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends May 1, 2026).
ItemValueShare of revenueYear over year
Revenue 23.1 100% +10%
Home Decor 7.2 31% −5%
Building Products 6.8 29% +4%
Hardlines 6.8 29% +6%
Other segment net sales 1.8 8%
Other 0.6 3% +30%
Canada 0.1 0%
Cost of revenue−15.567%
Gross profit7.533% margin−1pp
SG&A−4.419%+0pp
Other−0.62%+0pp
Operating profit2.611% margin−1pp
Tax−0.6
Interest & other costs−0.4
Net profit1.67%−1pp
Filing on EDGAR More quarters of LOW

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

Older quarters