Operating Expenses

SG&A

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 19, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$5.58B$7.96B
CAGR+4.5%
Avg YoY Growth+6.0%
Median YoY Growth+4.9%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ4 '25
Primary Segment$7.21B
Total$7.77B

Frequently Asked Questions

What is Home Depot's sg&a?
Home Depot (HD) reported sg&a of $7.96B in Q1 2026.
How has Home Depot's sg&a changed year-over-year?
Home Depot's sg&a increased by 5.7% year-over-year, from $7.53B to $7.96B.
What is the long-term trend for Home Depot's sg&a?
Over 4 years (2021 to 2025), Home Depot's sg&a has grown at a 5.6% compound annual growth rate (CAGR), from $24.65B to $30.70B.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.