OpenNashEarnings

Retail · NYSE: LOW

Lowe's earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends January · next results expected around 18 Nov 2026

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q2 FY2026

Lowe's reported second quarter 2026 diluted EPS of $4.27 and adjusted diluted EPS of $4.40, with total sales of $26.0 billion and comparable sales up 0.2%.

Lowe's sold $26.0 billion in the second quarter, up from $24.0 billion a year earlier, and comparable sales rose 0.2%. Diluted EPS was $4.27, flat with last year, and adjusted EPS was $4.40, up 1.6%. Pro, online and home services growth offset weak do-it-yourself spending and a rainy Memorial Day weekend. Tariff refunds added $0.11 to EPS, and fuel and transportation costs largely offset them.

Read the Q2 FY2026 summary →

Quarters

KPI history

Revenue$26.0B+8.3% y/yQ2 FY26
Q3 FY24: $20.2BQ3 24$20.2BQ4 FY24: $18.6B (worked out from the annual figure)Q4 24$18.6BQ1 FY25: $20.9BQ1 25$20.9BQ2 FY25: $24.0BQ2 25$24.0BQ3 FY25: $20.8BQ3 25$20.8BQ4 FY25: $20.6B (worked out from the annual figure)Q4 25$20.6BQ1 FY26: $23.1BQ1 26$23.1BQ2 FY26: $26.0BQ2 26$26.0B

Fourth quarter worked out from the annual figure.

Data
Q3 FY24$20.2B
Q4 FY24$18.6B *
Q1 FY25$20.9B
Q2 FY25$24.0B
Q3 FY25$20.8B
Q4 FY25$20.6B *
Q1 FY26$23.1B
Q2 FY26$26.0B
Diluted EPS (GAAP)$4.27+0.0% y/yQ2 FY26
Q3 FY24: $2.99Q3 24$2.99Q1 FY25: $2.92Q1 25$2.92Q2 FY25: $4.27Q2 25$4.27Q3 FY25: $2.88Q3 25$2.88Q1 FY26: $2.90Q1 26$2.90Q2 FY26: $4.27Q2 26$4.27
Data
Q3 FY24$2.99
Q1 FY25$2.92
Q2 FY25$4.27
Q3 FY25$2.88
Q1 FY26$2.90
Q2 FY26$4.27

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

Operating margin13.7%−0.8 pts y/yQ2 FY26
Q3 FY24: 12.6%Q3 2412.6%Q4 FY24: 9.9%Q4 249.9%Q1 FY25: 11.9%Q1 2511.9%Q2 FY25: 14.5%Q2 2514.5%Q3 FY25: 11.9%Q3 2511.9%Q4 FY25: 8.3%Q4 258.3%Q1 FY26: 11.1%Q1 2611.1%Q2 FY26: 13.7%Q2 2613.7%
Data
Q3 FY2412.6%
Q4 FY249.9%
Q1 FY2511.9%
Q2 FY2514.5%
Q3 FY2511.9%
Q4 FY258.3%
Q1 FY2611.1%
Q2 FY2613.7%
Free cash flow$3.1B−16.6% y/yQ2 FY26
Q3 FY24: $728.0MQ3 24$728.0MQ4 FY24: $363.0MQ4 24$363.0MQ1 FY25: $2.9BQ1 25$2.9BQ2 FY25: $3.7BQ2 25$3.7BQ3 FY25: $90.0MQ3 25$90.0MQ4 FY25: $964.0MQ4 25$964.0MQ1 FY26: $2.8BQ1 26$2.8BQ2 FY26: $3.1BQ2 26$3.1B
Data
Q3 FY24$728.0M
Q4 FY24$363.0M
Q1 FY25$2.9B
Q2 FY25$3.7B
Q3 FY25$90.0M
Q4 FY25$964.0M
Q1 FY26$2.8B
Q2 FY26$3.1B

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

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$20.2B$18.6Bd$20.9B$24.0B$20.8B$20.6Bd$23.1B$26.0B
Gross margin33.7%32.9%33.4%33.8%34.2%32.5%32.7%33.0%
Operating income$2.5B$1.8Bd$2.5B$3.5B$2.5B$1.7Bd$2.6B$3.5B
Operating margin12.6%9.9%11.9%14.5%11.9%8.3%11.1%13.7%
Net income$1.7B$1.1Bd$1.6B$2.4B$1.6B$1.0Bd$1.6B$2.4B
Diluted EPS$2.99—$2.92$4.27$2.88—$2.90$4.27
Operating cash flow$1.3Bd$911.0Md$3.4B$4.2Bd$687.0Md$1.6Bd$3.4B$3.7Bd
Capital expenditure$571.0Md$548.0Md$518.0M$495.0Md$597.0Md$603.0Md$521.0M$542.0Md
Free cash flow$728.0M$363.0M$2.9B$3.7B$90.0M$964.0M$2.8B$3.1B

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