Home Depot Total Cost of Revenue decreased by 8.7% to $27.54B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $26.79B to $27.54B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 5.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests declining efficiency or rising input costs, whereas a decrease suggests better operational scaling.
The direct costs associated with producing and delivering the goods and services sold by the company. This typically inc...
Cloud-heavy companies monitor this closely as a measure of data center and infrastructure efficiency.
is_total_cost_of_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.76B | $27.45B | $24.26B | $19.61B | $25.76B | $29.31B | $25.65B | $26.19B | $24.70B | $28.76B | $24.97B | $22.17B | $23.99B | $28.76B | $26.79B | $22.12B | $26.40B | $30.15B | $27.54B |
| QoQ Change | — | +10.9% | -11.6% | -19.2% | +31.4% | +13.8% | -12.5% | +2.1% | -5.7% | +16.4% | -13.2% | -11.2% | +8.2% | +19.9% | -6.8% | -17.4% | +19.3% | +14.2% | -8.7% |
| YoY Change | — | — | — | — | +4.1% | +6.8% | +5.7% | +33.6% | -4.1% | -1.9% | -2.6% | -15.4% | -2.9% | +0.0% | +7.3% | -0.2% | +10.1% | +4.8% | +2.8% |
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