NYSE$HD

Home Depot Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Home Depot reported Q2 2026 sales of $47.9 billion, up 5.7%, with net earnings of $4.8 billion and reaffirmed fiscal 2026 guidance.

The Home Depot announced second quarter fiscal 2026 results with net sales of $47.9 billion, a 5.7% increase from the prior year. Comparable sales grew 1.7% overall and 1.3% in the U.S. Net earnings reached $4.8 billion or $4.79 per diluted share, with adjusted EPS at $4.92.

  • Q2 net sales reached $47.9 billion, up 5.7% year-over-year with comparable sales growth of 1.7%.
  • Diluted EPS was $4.79 and adjusted diluted EPS was $4.92, both exceeding prior year.
  • Company operated 2,364 retail stores and over 1,340 SRS locations with over 470,000 associates at quarter end.
  • Fiscal 2026 guidance reaffirmed including total sales growth of 2.5% to 4.5% and comparable sales growth of flat to 2.0%.

Headline financials

Total Revenue

$47.9B

Previous: $45.3B+5.7%
EPS (adj)

$4.92

Previous: $4.58+7.4%
Comparable customer transactions

-1.0%

Previous: -0.4%-150.0%
Comparable average ticket

2.8%

Previous: 1.4%+100.0%
Customer transactions

443.2M

Previous: 446.8M-0.8%
Average ticket

$92.50

Previous: $90.01+2.8%
Retail stores

2.4K

Previous: 2.4K+0.5%
Comparable sales growth

1.7%

No prior period
U.S. comparable sales growth

1.3%

No prior period
Net Income

$4.77B

Previous: $4.55B+4.7%
Operating Income

$6.84B

Previous: $6.56B+4.3%
Gross Profit

$16.1B

Previous: $15.1B+6.5%
Cash & Equivalents

$2.09B

Previous: $2.8B-25.6%
Total Assets

$109B

Previous: $100B+9.3%

Revenue & EPS history

Home Depot · Revenue · Quarterly

$47.9B

Q2 2026+5.7%vs Q2 2025
Beat estimate in 9 of 11 quarters(82%)
ActualEstimate

Forward guidance

Company reaffirms fiscal 2026 guidance including IEEPA tariff refunds expected to partially offset unplanned costs.

Tailwinds

  • Total sales growth of approximately 2.5% to 4.5%
  • Comparable sales growth of approximately flat to 2.0%
  • Approximately 15 new stores planned

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+0.4%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+1.6%

Avg return

30 days after

64%

42 / 66 earnings

Positive

+6.4%

Q3 2021

Best reaction

-5.8%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+0.9%+4.5%+11.5%
Q4 2025+3.7%+1.0%-12.9%
Q3 2025-5.8%-4.1%-0.8%
Q2 2025+2.7%+4.6%+5.8%
Q1 2025-0.6%-4.4%-8.5%
Q4 2024+2.8%+3.7%-5.1%
Q3 2024+0.5%-0.0%+1.5%
Q3 2023+0.0%+1.9%+9.3%
Q2 2024+2.8%+4.7%+8.3%
Q1 2024+2.3%+1.0%+2.0%
Q1 2023-1.4%+1.8%-2.3%
Q4 2023+0.8%-0.5%+7.7%
Q2 2023+0.9%-0.8%-0.1%
Q4 2022+0.4%+1.3%+2.3%
Q3 2022+2.6%+2.0%+6.7%
Q2 2022+3.5%+2.1%-13.7%
Q1 2022-3.7%-3.0%-7.6%
Q4 2021-4.2%-4.7%-9.0%
Q3 2021+6.4%+10.1%+7.7%
Q2 2021-4.0%-1.7%+0.4%
Q1 2021-1.7%-1.3%-5.3%
Q4 2020+2.5%+4.2%+11.7%
Q3 2020-3.5%-3.5%-2.0%
Q2 2020-1.9%-1.7%-2.9%
Q1 2020-2.9%-1.4%+1.6%
Q4 2019+5.7%+6.2%+14.9%
Q3 2019+2.1%+1.0%+1.1%
Q2 2019+1.5%+4.2%+5.1%
Q1 2019-0.2%-1.0%+8.6%
Q4 2018+1.4%+2.7%+7.6%
Q3 2018-2.5%-2.7%-5.4%
Q2 2018+0.5%+1.7%+6.6%
Q1 2018-1.6%-1.5%+5.5%
Q4 2017-3.5%-1.9%-0.6%
Q3 2017+0.9%+1.1%+10.3%
Q2 2017-0.1%+0.3%+6.7%
Q1 2017-0.6%-0.7%-0.3%
Q4 2016+0.2%-0.1%+1.8%
Q3 2016+2.3%+2.6%+5.6%
Q2 2016-0.2%-0.7%-4.9%
Q1 2016+1.4%+1.9%-2.4%
Q4 2015+0.7%
Q3 2015+1.6%
Q2 2015+3.0%
Q1 2015+1.1%
Q4 2014+0.2%
Q3 2014-0.7%
Q2 2014+1.0%
Q1 2014+0.3%
Q4 2013-0.2%
Q3 2013+0.4%
Q2 2013+1.3%
Q1 2013-0.5%
Q4 2012+0.0%
Q3 2012+1.6%
Q2 2012+0.4%
Q1 2012+1.4%
Q4 2011-0.5%
Q3 2011+5.1%
Q2 2011-3.6%
Q1 2011-2.2%
Q4 2010+2.2%
Q3 2010+5.9%
Q2 2010+4.1%
Q1 2010-5.1%
Q4 2009+1.3%

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