Primary Segment — Cost of Sales
Business Segments · Cost of SalesHome Depot Primary Segment — Cost of Sales decreased by 11.8% to $24.44B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $24.53B to $24.44B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ2 2024
Last reportedQ4 2025
Rolls up toTotal Cost of Revenue
How to read this metric
A decrease relative to sales suggests improved supply chain efficiency or better pricing power, while an increase may indicate rising commodity costs or supply chain disruptions.
Detailed definition
Includes the direct costs attributable to the production and procurement of goods sold within the primary segment, such...
Peer comparison
Comparable to cost of goods sold (COGS) reported by retail peers.
Metric ID:
hd_segment_primary_cost_of_salesHistorical Data
6 periods
| Q2 '24 | Q3 '24 | Q4 '24 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|
| Value | $23.99B | $27.77B | $24.53B | $24.38B | $27.73B | $24.44B |
| QoQ Change | — | +15.8% | -11.6% | -0.6% | +13.7% | -11.8% |
| YoY Change | — | — | — | +1.7% | -0.1% | -0.4% |
Range$23.99B – $27.77B
CAGR+1.5%
Avg YoY Growth+0.4%
Median YoY Growth-0.1%
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Frequently Asked Questions
- What is Home Depot's primary segment — cost of sales?
- Home Depot (HD) reported primary segment — cost of sales of $24.44B in Q4 2025.
- How has Home Depot's primary segment — cost of sales changed year-over-year?
- Home Depot's primary segment — cost of sales decreased by 0.4% year-over-year, from $24.53B to $24.44B.
- What does primary segment — cost of sales mean?
- The direct costs incurred to acquire or produce the goods that the company sold during the period.