Lowe's Companies, Inc. (LOW) Financials
PeriodQ2 FY2026
Published
Lowe's reported $25.96 billion in net sales for Q2 FY2026, the quarter ended July 31, 2026, up 8.3% from a year earlier, while net earnings of $2.40 billion were flat and diluted earnings per share held at $4.27, a result that carried a one-time benefit from refunds of tariffs the company recognized after the Supreme Court ruled the underlying levies unauthorized. Nearly all of the sales growth came from the interior building products and design businesses Lowe's acquired during fiscal 2025: net sales in the Retail Home Improvement segment, the store business, were $24.02 billion, up 0.8%. Operating income of $3.55 billion was up 2.3%, far behind the sales increase, as the operating cost structure of the acquired businesses and higher fuel costs weighed on margins, and without the tariff refunds neither operating income nor earnings would have grown from a year earlier.
| Metric | Amount | vs. year ago |
|---|---|---|
| Net sales | $25,956,000,000 | up 8.3% |
| Net earnings | $2,399,000,000 | flat |
| Diluted EPS | $4.27 | flat |
| Operating income | $3,549,000,000 | up 2.3% |
| Net interest expense | $374,000,000 | up 19.5% |
| Retail Home Improvement net sales | $24,015,000,000 | up 0.8% |
Company details
| Name | Lowes Companies Inc |
|---|---|
| Ticker | LOW |
| CIK | 0000060667 |
| Exchange | NYSE |
| State | North Carolina |
| Incorporation | North Carolina |
| SIC | 5211 |
| Office | Trade & Services |
| Industry | Retail-Lumber & Other Building Materials Dealers |
| Latest period covered | Q2 FY2026, ended 2026-07-31, 10-Q, accession 0000060667-26-000117 |
| Fiscal year end | 01/31 (MM/DD) |
| Next expected filing | 10-Q around 2026-11-25 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Lowe's Companies Q2 FY2026
How much revenue did Lowe's report in Q2 FY2026?
Lowe's reported $25.96 billion in net sales for Q2 FY2026, the quarter ended July 31, 2026, up 8.3% from $23.96 billion a year earlier. Most of that increase came from businesses acquired during fiscal 2025 rather than from the stores, where Retail Home Improvement segment net sales of $24.02 billion were up 0.8%.
How much profit did Lowe's make in Q2 FY2026?
Lowe's earned net earnings of $2.40 billion in Q2 FY2026, the quarter ended July 31, 2026. That was essentially unchanged from $2.40 billion in the same quarter a year earlier, and it carried a one-time benefit from tariff refunds the company recognized after the Supreme Court ruled the underlying levies unauthorized, without which earnings would have been lower than a year earlier.
What was Lowe's earnings per share in Q2 FY2026?
Lowe's reported diluted earnings per share of $4.27 for Q2 FY2026, the quarter ended July 31, 2026, the same as the $4.27 it reported in the same quarter a year earlier. The latest quarter carried a one-time benefit from tariff refunds recognized after the Supreme Court ruling on those levies, without which per-share earnings would have been lower than a year earlier.
Why did Lowe's sales grow but earnings stay flat in Q2 FY2026?
Lowe's net sales rose to $25.96 billion in Q2 FY2026, up 8.3%, while net earnings of $2.40 billion were flat. The added sales came largely from the interior building products and design businesses acquired in fiscal 2025, whose operating cost structure, together with higher fuel costs, held operating income to $3.55 billion, up 2.3%, an increase that rested on the one-time tariff refunds the company recognized after the Supreme Court ruled those levies unauthorized. Most of what was left went to interest: net interest expense of $374 million was up 19.5% from $313 million a year earlier on the debt raised for those acquisitions.
Where can I get Lowe's Companies, Inc. (LOW) financial data in machine-readable form?
Ticker Scout publishes Lowe's Companies, Inc.'s financial statements as JSON at https://tickerscout.ai/low/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/low/narrative.md and https://tickerscout.ai/low/events.md. Lowe's Companies, Inc.'s SEC CIK is 0000060667. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Lowe's Companies, Inc. (LOW) next file with the SEC?
Lowe's Companies, Inc. (LOW) is expected to file its next Form 10-Q with the SEC on or around November 25, 2026. That date is a projection rather than a company-announced date: it is derived from Lowe's Companies, Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-07-31, SEC accession 0000060667-26-000117.
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How this page was built
This page was built from Lowe's Companies, Inc.'s own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names six such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.