Service — Net Sales
Lowe's Companies Service — Net Sales decreased by 21.6% to $590.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 83.2%, from $322.00M to $590.00M. Over 4 years (FY 2022 to FY 2026), Service — Net Sales shows relatively stable performance with a -0.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates successful growth in service-based offerings and higher customer engagement with professional installation solutions, while a decrease may suggest reduced demand for project-based services or competitive pressure in the service market.
Detailed definition
This metric represents the total revenue generated from professional installation, repair, and maintenance services prov...
Peer comparison
Peers in the home improvement and retail sector report similar metrics under 'Services' or 'Installation Revenue' to track the shift from pure product retail to comprehensive project solutions.
low_segment_services_net_salesHistorical Data
| 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 | $579.00M | $629.00M | $597.00M | $499.00M | $536.00M | $588.00M | $568.00M | $486.00M | $528.00M | $578.00M | $517.00M | $474.00M | $532.00M | $548.00M | $532.00M | $322.00M | $544.00M | $655.00M | $753.00M | $590.00M |
| QoQ Change | — | +8.6% | -5.1% | -16.4% | +7.4% | +9.7% | -3.4% | -14.4% | +8.6% | +9.5% | -10.6% | -8.3% | +12.2% | +3.0% | -2.9% | -39.5% | +68.9% | +20.4% | +15.0% | -21.6% |
| YoY Change | — | — | — | — | -7.4% | -6.5% | -4.9% | -2.6% | -1.5% | -1.7% | -9.0% | -2.5% | +0.8% | -5.2% | +2.9% | -32.1% | +2.3% | +19.5% | +41.5% | +83.2% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's service — net sales?
- Lowe's Companies (LOW) reported service — net sales of $590.00M in Q1 2026.
- How has Lowe's Companies's service — net sales changed year-over-year?
- Lowe's Companies's service — net sales increased by 83.2% year-over-year, from $322.00M to $590.00M.
- What is the long-term trend for Lowe's Companies's service — net sales?
- Over 4 years (2022 to 2026), Lowe's Companies's service — net sales has grown at a -0.2% compound annual growth rate (CAGR), from $2.30B to $2.27B.
- What does service — net sales mean?
- The total revenue earned from providing installation and maintenance services to customers.