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Current Liabilities

Sales taxes payable

Home Depot Sales taxes payable increased by 57.5% to $800M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $768M to $800M. Over 5 years (FY 2020 to FY 2025), Sales taxes payable shows a downward trend with a -8.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 27, 2026

How to read this metric

Increases generally correlate with higher sales volumes or changes in tax collection timing.

Detailed definition

Sales taxes payable represents the amount of sales tax collected from customers on behalf of government authorities that...

Peer comparison

Standard for any retail business collecting sales tax.

Metric ID: sales_taxes_payable

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.15B$1.01B$968M$848M$1.14B$1.08B$640M$528M$683M$631M$590M$449M$676M$645M$655M$628M$768M$661M$668M$508M$800M
QoQ Change-11.7%-4.5%-12.4%+34.3%-5.5%-40.5%-17.5%+29.4%-7.6%-6.5%-23.9%+50.6%-4.6%+1.6%-4.1%+22.3%-13.9%+1.1%-24.0%+57.5%
YoY Change-0.9%+6.1%-33.9%-37.7%-40.0%-41.4%-7.8%-15.0%-1.0%+2.2%+11.0%+39.9%+13.6%+2.5%+2.0%-19.1%+4.2%
Range$449M$1.15B
CAGR-7.0%
Avg YoY Growth-6.8%
Median YoY Growth-0.9%

Frequently Asked Questions

What is Home Depot's sales taxes payable?
Home Depot (HD) reported sales taxes payable of $800M in Q1 2026.
How has Home Depot's sales taxes payable changed year-over-year?
Home Depot's sales taxes payable increased by 4.2% year-over-year, from $768M to $800M.
What is the long-term trend for Home Depot's sales taxes payable?
Over 5 years (2020 to 2025), Home Depot's sales taxes payable has grown at a -8.1% compound annual growth rate (CAGR), from $774M to $508M.
What does sales taxes payable mean?
Sales tax collected from customers that the company owes to the government.