Home Depot First Quarter 2026 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St

Home Depot (NYSE:HD) First Quarter 2026 Results

Key Financial Results

  • Revenue: US$39.9b (up 9.4% from 1Q 2025).
  • Net income: US$3.43b (down 4.6% from 1Q 2025).
  • Profit margin: 8.6% (down from 9.9% in 1Q 2025). The decrease in margin was driven by higher expenses.
  • EPS: US$3.46 (down from US$3.64 in 1Q 2025).
NYSE:HD Earnings and Revenue Growth May 23rd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Home Depot Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.9%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 3.3% from a week ago.

Risk Analysis

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.