Lowe's Q2 FY26: where the revenue came from and where it went
The whole income statement of Lowe's for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- May 2 – Jul 31, 2026
- Reported
- Aug 27, 2026
Revenue$25.96B
+8% year over year
Gross profit$8.58B
33% margin
Operating profit$3.55B
14% margin
Net profit$2.40B
9% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 25.96 | 100% | +8% |
| Hardlines | 7.95 | 31% | +2% |
| Home decor | 7.82 | 30% | −6% |
| Building products | 7.55 | 29% | +7% |
| Other segment net sales | 1.94 | 7% | |
| Other revenue | 0.69 | 3% | |
| Canada | 0.07 | 0% | |
| Other and unallocated | −0.07 | 0% | |
| Cost of revenue | −17.38 | 67% | |
| Gross profit | 8.58 | 33% margin | −1pp |
| SG&A | −4.46 | 17% | +0pp |
| Other | −0.57 | 2% | +0pp |
| Operating profit | 3.55 | 14% margin | −1pp |
| Interest & other costs | −0.37 | ||
| Tax | −0.78 | ||
| Net profit | 2.40 | 9% margin | −1pp |
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