Operating Income
Operating Income
Home Depot Operating Income increased by 29.4% to $4.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $5.13B to $4.98B. Over 4 years (FY 2021 to FY 2025), Operating Income shows relatively stable performance with a -1.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 19, 2026
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
Metric ID:
operating_incomeHistorical Data
21 periods
| Q1 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.78B | $6.64B | $5.80B | $3.75B | $5.93B | $7.21B | $6.15B | $6.49B | $5.55B | $6.59B | $5.41B | $4.66B | $5.08B | $6.53B | $5.42B | $4.49B | $5.13B | $6.56B | $5.35B | $3.85B | $4.98B |
| QoQ Change | — | +14.8% | -12.7% | -35.2% | +58.0% | +21.6% | -14.7% | +5.6% | -14.5% | +18.7% | -18.0% | -13.8% | +9.0% | +28.6% | -17.1% | -17.2% | +14.4% | +27.7% | -18.3% | -28.1% | +29.4% |
| YoY Change | — | — | — | — | +2.6% | +8.6% | +6.1% | +73.0% | -6.4% | -8.6% | -12.1% | -28.3% | -8.5% | -0.8% | +0.2% | -3.7% | +1.1% | +0.3% | -1.2% | -14.2% | -3.0% |
Range$3.75B – $7.21B
CAGR-2.9%
Avg YoY Growth+0.3%
Median YoY Growth-1.2%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|
| Primary Segment | $6.46B | $5.22B | — | — | — | $3.99B |
| Other | $72.00M | $200.00M | $87.00M | $201.00M | $165.00M | — |
| Total | $6.53B | $5.42B | $5.13B | $6.56B | $5.35B | $3.85B |
Operating Income at Other Companies
Frequently Asked Questions
- What is Home Depot's operating income?
- Home Depot (HD) reported operating income of $4.98B in Q1 2026.
- How has Home Depot's operating income changed year-over-year?
- Home Depot's operating income decreased by 3.0% year-over-year, from $5.13B to $4.98B.
- What is the long-term trend for Home Depot's operating income?
- Over 4 years (2021 to 2025), Home Depot's operating income has grown at a -1.3% compound annual growth rate (CAGR), from $21.97B to $20.89B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.