Home Depot SG&A increased by 2.4% to $7.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $7.53B to $7.96B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 5.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| 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 | $6.37B | $6.43B | $6.17B | $5.67B | $6.61B | $6.66B | $6.47B | $6.37B | $6.36B | $6.92B | $6.65B | $5.58B | $6.67B | $7.14B | $7.21B | $5.82B | $7.53B | $7.76B | $7.64B | $7.77B | $7.96B |
| QoQ Change | — | +0.9% | -4.1% | -8.1% | +16.6% | +0.7% | -2.8% | -1.6% | -0.2% | +8.8% | -3.8% | -16.2% | +19.6% | +7.2% | +1.0% | -19.3% | +29.4% | +3.1% | -1.6% | +1.8% | +2.4% |
| YoY Change | — | — | — | — | +3.7% | +3.5% | +4.9% | +12.2% | -3.9% | +3.9% | +2.8% | -12.4% | +4.9% | +3.3% | +8.5% | +4.4% | +12.9% | +8.7% | +5.9% | +33.6% | +5.7% |
| Segment | Q4 '25 |
|---|---|
| Primary Segment | $7.21B |
| Total | $7.77B |