OpenNashEarnings

Retail · NYSE: HD

Home Depot earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends January · next results expected around 17 Nov 2026

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q2 FY2026

Home Depot reported sales of $47.9 billion for the second quarter of fiscal 2026, an increase of $2.6 billion, or 5.7%, with comparable sales up 1.7%, net earnings of $4.8 billion, or $4.79 per diluted share, and adjusted diluted earnings per share of $4.92.

Home Depot's second-quarter sales were $47.9 billion, up 5.7% from a year ago. Comparable sales rose 1.7%, driven by a higher average ticket (up 2.8%) while customer transactions fell 1.0%. Diluted earnings per share were $4.79 and adjusted earnings per share were $4.92. Gross margin was helped by $685 million of IEEPA tariff refunds. Operating margin slipped to 14.3% from 14.5%.

Read the Q2 FY2026 summary →Official transcript (PDF) ↗

Quarters

KPI history

Revenue$47.9B+5.7% y/yQ2 FY26
Q3 FY24: $40.2BQ3 24$40.2BQ4 FY24: $39.7B (worked out from the annual figure)Q4 24$39.7BQ1 FY25: $39.9BQ1 25$39.9BQ2 FY25: $45.3BQ2 25$45.3BQ3 FY25: $41.4BQ3 25$41.4BQ4 FY25: $38.2B (worked out from the annual figure)Q4 25$38.2BQ1 FY26: $41.8BQ1 26$41.8BQ2 FY26: $47.9BQ2 26$47.9B

Fourth quarter worked out from the annual figure.

Data
Q3 FY24$40.2B
Q4 FY24$39.7B *
Q1 FY25$39.9B
Q2 FY25$45.3B
Q3 FY25$41.4B
Q4 FY25$38.2B *
Q1 FY26$41.8B
Q2 FY26$47.9B
Diluted EPS (GAAP)$4.79+4.6% y/yQ2 FY26
Q3 FY24: $3.67Q3 24$3.67Q1 FY25: $3.45Q1 25$3.45Q2 FY25: $4.58Q2 25$4.58Q3 FY25: $3.62Q3 25$3.62Q1 FY26: $3.30Q1 26$3.30Q2 FY26: $4.79Q2 26$4.79
Data
Q3 FY24$3.67
Q1 FY25$3.45
Q2 FY25$4.58
Q3 FY25$3.62
Q1 FY26$3.30
Q2 FY26$4.79

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin14.3%−0.2 pts y/yQ2 FY26
Q3 FY24: 13.5%Q3 2413.5%Q4 FY24: 11.3%Q4 2411.3%Q1 FY25: 12.9%Q1 2512.9%Q2 FY25: 14.5%Q2 2514.5%Q3 FY25: 12.9%Q3 2512.9%Q4 FY25: 10.1%Q4 2510.1%Q1 FY26: 11.9%Q1 2611.9%Q2 FY26: 14.3%Q2 2614.3%
Data
Q3 FY2413.5%
Q4 FY2411.3%
Q1 FY2512.9%
Q2 FY2514.5%
Q3 FY2512.9%
Q4 FY2510.1%
Q1 FY2611.9%
Q2 FY2614.3%
Free cash flow$4.5B+21.0% y/yQ2 FY26
Q3 FY24: $3.4BQ3 24$3.4BQ4 FY24: $3.6BQ4 24$3.6BQ1 FY25: $3.5BQ1 25$3.5BQ2 FY25: $3.7BQ2 25$3.7BQ3 FY25: $3.1BQ3 25$3.1BQ4 FY25: $2.3BQ4 25$2.3BQ1 FY26: $5.2BQ1 26$5.2BQ2 FY26: $4.5BQ2 26$4.5B
Data
Q3 FY24$3.4B
Q4 FY24$3.6B
Q1 FY25$3.5B
Q2 FY25$3.7B
Q3 FY25$3.1B
Q4 FY25$2.3B
Q1 FY26$5.2B
Q2 FY26$4.5B

Operating cash flow minus capital expenditure, from cash flow statements.

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$40.2B$39.7Bd$39.9B$45.3B$41.4B$38.2Bd$41.8B$47.9B
Gross margin33.4%32.8%33.8%33.4%33.4%32.6%33.0%33.7%
Operating income$5.4B$4.5Bd$5.1B$6.6B$5.4B$3.8Bd$5.0B$6.8B
Operating margin13.5%11.3%12.9%14.5%12.9%10.1%11.9%14.3%
Net income$3.6B$3.0Bd$3.4B$4.6B$3.6B$2.6Bd$3.3B$4.8B
Diluted EPS$3.67—$3.45$4.58$3.62—$3.30$4.79
Operating cash flow$4.2Bd$4.7Bd$4.3B$4.6Bd$4.0Bd$3.3Bd$6.0B$5.4Bd
Capital expenditure$818.0Md$1.1Bd$806.0M$917.0Md$898.0Md$1.1Bd$844.0M$880.0Md
Free cash flow$3.4B$3.6B$3.5B$3.7B$3.1B$2.3B$5.2B$4.5B

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings