Lowe's Companies (LOW) Financial Statements & Analysis

Lowe's Companies (LOW) Income Statement

Lowe's Companies reported revenue of $86.29B in fiscal 2026 (fiscal year ended Jan 31, 2026), up 3.1% from $83.67B a year earlier. Net income was $6.65B, down 4.4% year over year, a net margin of 7.7%. Gross margin was 33.5% and operating margin 11.8%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $25.96B, up 8.3% from the same quarter a year earlier.

Lowe's Companies Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Lowe's Companies, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Feb 2024	Jan 2024	Feb 2023	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018
Revenue & Gross Profit
Revenue	86.29	83.67	86.38	86.38	97.06	97.06	96.25	89.60	72.15	71.31	68.62
Cost of Revenue	57.40	55.80	57.53	57.53	64.80	64.80	64.19	60.03	49.21	48.40	46.19
Gross Profit	28.89	27.88	27.88	28.84	28.84	32.26	32.06	29.57	22.94	22.91	22.43
Operating Expenses
Research & Development	0.00	0.00	-	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	16.79	15.68	15.49	15.57	20.28	20.33	18.30	18.53	15.37	17.41	14.44
Operating Expenses	18.73	17.41	17.41	17.29	17.29	22.10	19.96	19.93	16.63	18.89	15.85
Operating Income	10.15	10.47	10.47	11.56	11.56	10.16	12.09	9.65	6.31	4.02	6.59
Other Income/Expense
Interest Income	0.12	0.16	0.10	0.10	0.04	0.04	0.01	0.02	0.03	0.03	0.02
Interest Expense	1.53	1.47	-1.48	1.47	-1.16	1.14	0.90	0.87	0.72	0.65	0.65
Other Income/Expense	-1.41	-1.31	-1.31	-1.38	-1.38	-1.12	-0.89	-1.91	-0.69	-0.62	-1.10
Income
Income Before Tax	8.75	9.15	10.18	10.18	9.04	9.04	11.21	7.74	5.62	3.39	5.49
Income Tax Expense	2.09	2.20	2.20	2.45	2.45	2.60	2.77	1.90	1.34	1.08	2.04
Net Income	6.65	6.96	6.96	7.73	7.73	6.44	8.44	5.84	4.28	2.31	3.45
Net Income - Continuous Operations	6.65	6.96	-	7.73	-	6.44	8.44	5.84	4.28	2.31	3.45
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-
EBITDA	12.47	12.60	13.56	13.58	12.20	12.18	13.99	10.21	7.75	5.65	7.68
EBIT	10.27	10.63	11.64	11.66	10.22	10.20	12.11	-	-	-	-
Depreciation & Amortization	1.94	1.97	1.92	1.92	1.98	1.98	1.66	1.59	1.41	1.61	1.54
Earnings Per Share
Basic EPS	12.00	12.00	13.00	13.00	10.00	10.00	12.00	8.00	5.00	3.00	4.00
Diluted EPS	12.00	12.00	12.00	13.00	13.00	10.00	12.00	8.00	5.00	3.00	4.00
Basic Shares Outstanding	0.56	0.57	0.58	0.58	0.63	0.63	0.70	0.75	0.78	0.81	0.84
Diluted Shares Outstanding	0.56	0.57	0.58	0.58	0.63	0.63	0.70	0.75	0.78	0.81	0.84

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Lowe's Companies Financial Statements

What was Lowe's Companies's revenue in fiscal 2026?

Lowe's Companies reported revenue of $86.29B in fiscal 2026 (fiscal year ended Jan 31, 2026). That was up 3.1% from $83.67B a year earlier.

Is Lowe's Companies profitable?

Yes. Lowe's Companies earned net income of $6.65B in fiscal 2026, a net margin of 7.7%. In fiscal 2025 it earned $6.96B.

What is Lowe's Companies's operating margin?

Lowe's Companies's operating income was $10.15B on revenue of $86.29B in fiscal 2026, an operating margin of 11.8%, compared with 12.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition