Business Segments · Operating Income
Primary — Operating Income
Home Depot Primary — Operating Income increased by 24.6% to $4.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $5.05B to $4.97B. Over 2 years (FY 2023 to FY 2025), Primary — Operating Income shows relatively stable performance with a -2.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 27, 2026
Rolls up toOperating Income
How to read this metric
An increase signals improved operational efficiency and profitability, while a decrease suggests margin compression or rising operating costs.
Detailed definition
Calculated as net sales minus cost of sales and operating expenses, this metric measures the profitability of the primar...
Peer comparison
Comparable to operating profit or EBIT reported by major retail competitors.
Metric ID:
hd_segment_primary_operating_incomeHistorical 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 | $5.42B | $5.42B | $5.42B | $5.42B | $5.08B | $6.46B | $5.22B | $4.55B | $5.05B | $6.35B | $5.19B | $3.99B | $4.97B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -6.3% | +27.2% | -19.3% | -12.7% | +10.8% | +25.9% | -18.4% | -23.2% | +24.6% |
| YoY Change | — | — | — | — | -6.3% | +19.2% | -3.8% | -16.0% | -0.6% | -1.7% | -0.6% | -12.5% | -1.6% |
Range$3.99B – $6.46B
CAGR-2.9%
Avg YoY Growth-2.7%
Median YoY Growth-1.7%
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Frequently Asked Questions
- What is Home Depot's primary — operating income?
- Home Depot (HD) reported primary — operating income of $4.97B in Q1 2026.
- How has Home Depot's primary — operating income changed year-over-year?
- Home Depot's primary — operating income decreased by 1.6% year-over-year, from $5.05B to $4.97B.
- What is the long-term trend for Home Depot's primary — operating income?
- Over 2 years (2023 to 2025), Home Depot's primary — operating income has grown at a -2.6% compound annual growth rate (CAGR), from $21.69B to $20.57B.
- What does primary — operating income mean?
- The profit earned from core business operations before accounting for interest and taxes.