Home Depot HD
NYSE HD
$305.70 -4.75 (-1.53%)
As of: Sep 10, 2026 · 3:59 PM EDT

Home Depot (HD) Operating Expenses (2009 - 2026)

Home Depot's (HD) quarterly Operating Expenses came in at $9.3 billion in Q3 2026, up 8.24% on a YoY basis from $8.6 billion in Q3 2025, and up 5.41% quarter-over-quarter from $8.8 billion in Q2 2026.

Analysis

Home Depot (HD) Operating Expenses (2009 - 2026) Analysis & Trends

Home Depot (HD) has reported Operating Expenses for 18 consecutive years, with $9.3 billion the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 8.24% year-over-year to $9.3 billion; the trailing twelve-month figure through Aug 2026 stood at $35.2 billion (up 5.12% YoY), and the FY2026 full-year result was $34.0 billion, up 6.9% from the prior year.
  • Operating Expenses advanced to $9.3 billion in Q3 2026 per HD's latest filing, from $8.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.3 billion in Q3 2026 and bottomed at $7.0 billion in Q2 2023.
  • Historically, Operating Expenses has averaged $7.8 billion across 5 years, with a median of $7.6 billion in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 2.91% in 2023, then advanced 15.94% in 2025.
  • Over 5 years, Operating Expenses stood at $7.1 billion in 2022, then rose by 3.62% to $7.3 billion in 2023, then grew by 9.21% to $8.0 billion in 2024, then grew by 5.68% to $8.5 billion in 2025, then gained by 9.62% to $9.3 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $9.3 billion, $8.8 billion, and $8.6 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Home Depot 303.76 Bn 301.67 Bn 16.12 Bn 9.28 Bn
2 Lowes Companies 109.83 Bn 106.43 Bn 8.58 Bn 4.46 Bn
3 Williams Sonoma 26.32 Bn 25.29 Bn 1.01 Bn 563.15 Mn
4 Floor & Decor Holdings 5.05 Bn 4.73 Bn 603.12 Mn 479.14 Mn
5 Rh 2.52 Bn 2.44 Bn 331.26 Mn 276.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Aug 2, 2026 9.28 Bn
May 3, 2026 8.80 Bn
Feb 1, 2026 8.62 Bn
Nov 2, 2025 8.46 Bn
Aug 3, 2025 8.57 Bn
May 4, 2025 8.33 Bn
Feb 2, 2025 8.54 Bn
Oct 27, 2024 8.01 Bn
Jul 28, 2024 7.88 Bn
Apr 28, 2024 7.35 Bn
Jan 28, 2024 7.37 Bn
Oct 29, 2023 7.33 Bn
Jul 30, 2023 7.57 Bn
Apr 30, 2023 7.01 Bn
Jan 29, 2023 7.17 Bn
Oct 30, 2022 7.08 Bn
Jul 31, 2022 7.27 Bn
May 1, 2022 7.22 Bn
Jan 30, 2022 7.04 Bn
Oct 31, 2021 6.77 Bn