Operating Income
Lowe's Companies Operating Income increased by 49.4% to $2.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $2.49B to $2.55B. Over 4 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a -4.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
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.
operating_incomeHistorical Data
| 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 | $3.25B | $4.21B | $2.79B | $1.85B | $3.30B | $4.23B | $924.00M | $1.70B | $3.29B | $3.89B | $2.70B | $1.69B | $2.65B | $3.45B | $2.54B | $1.83B | $2.49B | $3.47B | $2.48B | $1.71B | $2.55B |
| QoQ Change | — | +29.7% | -33.8% | -33.7% | +78.6% | +28.1% | -78.2% | +84.4% | +93.0% | +18.2% | -30.6% | -37.4% | +57.3% | +29.9% | -26.4% | -27.8% | +36.3% | +39.1% | -28.5% | -31.1% | +49.4% |
| YoY Change | — | — | — | — | +1.8% | +0.5% | -66.9% | -7.8% | -0.4% | -8.1% | +191.8% | -1.0% | -19.3% | -11.3% | -5.9% | +8.5% | -6.0% | +0.6% | -2.2% | -6.6% | +2.4% |
Business Segments
| Segment | FY'23 | FY'24 |
|---|---|---|
| Reportable Segment | $11.56B | $10.47B |
| Total | $11.56B | $10.47B |
All segment values are derived from annual filings.
Operating Income at Other Companies
Frequently Asked Questions
- What is Lowe's Companies's operating income?
- Lowe's Companies (LOW) reported operating income of $2.55B in Q1 2026.
- How has Lowe's Companies's operating income changed year-over-year?
- Lowe's Companies's operating income increased by 2.4% year-over-year, from $2.49B to $2.55B.
- What is the long-term trend for Lowe's Companies's operating income?
- Over 4 years (2021 to 2025), Lowe's Companies's operating income has grown at a -4.3% compound annual growth rate (CAGR), from $12.09B to $10.15B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.