LOWES COMPANIES INC is expected to release its Q3 2026 10-Q filing on August 19, 2026, before market open. Last quarter: Lowe's delivered strong Q2 FY2026 revenue growth of 10.3% to $23.1B, but net income slipped 0.8% to $1.6B as higher SG&A costs and a lower gross margin compressed profitability despite solid operating cash flow of $3.4B.
EPS Estimate
$4.29
Revenue Estimate
$26.53B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the LOW page.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue rose 10.3% year-over-year to $23.1B in Q2 FY2026 (vs. $20.9B in Q2 FY2025), reflecting broad-based demand across Lowe's home improvement categories. This represents a meaningful acceleration in the company's top-line performance.
Gross margin declined approximately 70 basis points to 32.7% (from 33.4% in the prior year period), as cost of revenue grew 11.4% — faster than revenue growth of 10.3% — indicating rising input or merchandise costs that outpaced pricing power.
SG&A expenses increased 9.3% year-over-year to $4.4B, nearly in line with revenue growth, limiting operating leverage. Operating margin contracted to 11.1% from 11.9%, a decline of roughly 85 basis points.
Revenue
$23.08B
++10.26% YoY
EPS (Basic)
$2.90
-1.02% YoY
Gross Margin
32.7%
-0.69% YoY
Operating Income
$2.55B
++2.41% YoY
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