NYSE$HD

Home Depot Inc · Q4 2025 earnings

Q4 2025 earnings · · Investor relations

Briefing

Home Depot reported lower earnings and sales for Q4 2025, impacted by a prior-year extra week, while comparable sales slightly increased.

Home Depot posted Q4 revenue of $38198000000 with net income of $2571000000. Sales declined year-over-year due to the prior-year 14th week, while comparable sales increased modestly and margins compressed.

  • Revenue decreased 3.8% year-over-year due to prior-year extra week impact.
  • Comparable sales increased 0.4%, with U.S. comps up 0.3%.
  • Diluted EPS declined to $2.58 from $3.02 last year.
  • Operating income fell 14.4% year-over-year, reflecting margin pressure.

Headline financials

Total Revenue

$38.2B

Previous: $39.7B-3.8%
EPS (adj)

$2.72

Previous: $3.13-13.1%
Comparable Customer Transactions

-1.6%

Previous: 0.6%-366.7%
Comparable Average Ticket

2.4%

Previous: 0.2%+1100.0%
Customer Transactions

366.5M

Previous: 400.4M-8.5%
Average Ticket

$91.28

Previous: $89.11+2.4%
Retail Stores

2.4K

No prior period
Comparable Sales Growth

0.4%

Previous: 0.8%-50.0%
Net Income

$2.57B

Previous: $3B-14.2%
Operating Income

$3.85B

Previous: $4.5B-14.4%
Gross Profit

$12.5B

Previous: $13B-4.4%
Cash & Equivalents

$1.39B

No prior period
Total Assets

$105B

No prior period

Revenue & EPS history

Home Depot · Revenue · Quarterly

$38.2B

Q4 2025-3.8%vs Q4 2024
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Forward guidance

For fiscal 2026, Home Depot guided for modest sales growth and flat to slightly positive EPS growth, with stable margins and continued store expansion.

Tailwinds

  • Total sales growth expected between 2.5% and 4.5%.
  • Comparable sales projected between flat and 2.0%.
  • Approximately 15 new stores planned.
  • Adjusted operating margin expected between 12.8% and 13.0%.
  • Diluted EPS projected to grow up to 4.0%.

Headwinds

  • Comparable sales could remain flat.
  • Gross margin expected around 33.1%, reflecting limited expansion.
  • Operating margin guidance below prior-year adjusted margin.
  • EPS growth guidance capped at 4.0%.
  • Net interest expense projected at approximately 2300000000.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.4%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+1.4%

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
Q1 2026+0.9%
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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