Business Segments · Cost of Sales
Primary — Cost of Sales
Home Depot Primary — Cost of Sales increased by 6.8% to $24.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $24.38B to $24.75B. Over 2 years (FY 2023 to FY 2025), Primary — Cost of Sales shows relatively stable performance with a -1.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 27, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
A decrease relative to sales suggests improved supply chain efficiency or better pricing power, while an increase may indicate rising commodity costs or supply chain disruptions.
Detailed definition
Includes the direct costs attributable to the production and procurement of goods sold within the primary segment, such...
Peer comparison
Comparable to cost of goods sold (COGS) reported by retail peers.
Metric ID:
hd_segment_primary_cost_of_salesHistorical Data
13 periods
| 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 | $25.43B | $25.43B | $25.43B | $25.43B | $23.99B | $27.77B | $24.53B | $24.91B | $24.38B | $27.73B | $24.44B | $23.16B | $24.75B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -5.7% | +15.8% | -11.6% | +1.5% | -2.1% | +13.7% | -11.8% | -5.2% | +6.8% |
| YoY Change | — | — | — | — | -5.7% | +9.2% | -3.5% | -2.0% | +1.7% | -0.1% | -0.4% | -7.0% | +1.5% |
Range$23.16B – $27.77B
CAGR-0.9%
Avg YoY Growth-0.7%
Median YoY Growth-0.4%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Home Depot's primary — cost of sales?
- Home Depot (HD) reported primary — cost of sales of $24.75B in Q1 2026.
- How has Home Depot's primary — cost of sales changed year-over-year?
- Home Depot's primary — cost of sales increased by 1.5% year-over-year, from $24.38B to $24.75B.
- What is the long-term trend for Home Depot's primary — cost of sales?
- Over 2 years (2023 to 2025), Home Depot's primary — cost of sales has grown at a -1.0% compound annual growth rate (CAGR), from $101.71B to $99.72B.
- What does primary — cost of sales mean?
- The direct costs incurred to acquire or produce the goods that the company sold during the period.