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Business Segments · SG&A

Primary — SG&A

Home Depot Primary — SG&A increased by 2.0% to $7.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $7.16B to $7.36B. Over 2 years (FY 2023 to FY 2025), Primary — SG&A shows relatively stable performance with a 4.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 27, 2026
Rolls up toSG&A

How to read this metric

Lower expenses relative to sales indicate strong operational efficiency, while rising costs may suggest inflationary pressures or increased investment in growth initiatives.

Detailed definition

Encompasses the operating expenses required to support the primary business segment, including store payroll, corporate...

Peer comparison

Comparable to SG&A expenses reported by large-scale retail and distribution companies.

Metric ID: hd_segment_primary_selling_general_and_administrative

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.65B$6.65B$6.65B$6.65B$6.67B$6.98B$6.85B$7.33B$7.16B$7.38B$7.13B$7.21B$7.36B
QoQ Change+0.0%+0.0%+0.0%+0.3%+4.7%-1.9%+7.1%-2.3%+2.9%-3.3%+1.1%+2.0%
YoY Change+0.3%+5.0%+3.0%+10.2%+7.5%+5.7%+4.2%-1.6%+2.7%
Range$6.65B$7.38B
CAGR+3.4%
Avg YoY Growth+4.1%
Median YoY Growth+4.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Home Depot's primary — sg&a?
Home Depot (HD) reported primary — sg&a of $7.36B in Q1 2026.
How has Home Depot's primary — sg&a changed year-over-year?
Home Depot's primary — sg&a increased by 2.7% year-over-year, from $7.16B to $7.36B.
What is the long-term trend for Home Depot's primary — sg&a?
Over 2 years (2023 to 2025), Home Depot's primary — sg&a has grown at a 4.2% compound annual growth rate (CAGR), from $26.6B to $28.89B.
What does primary — sg&a mean?
The overhead and operating costs, such as salaries and marketing, required to run the main business.