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

Home Depot has reported Operating Expenses for 18 years, with the latest figure at $8.8 billion in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 5.69% year-over-year to $8.8 billion; the trailing twelve-month figure through May 2026 stood at $34.4 billion (up 5.17% YoY), and the FY2026 full-year result was $34.0 billion, up 6.9% from the prior year.
• Operating Expenses for Q2 2026 stood at $8.8 billion, up from $8.6 billion in the prior quarter.
• The five-year high for Operating Expenses was $8.8 billion in Q2 2026, with the low at $7.0 billion in Q2 2023.
• Historically, Operating Expenses has averaged $7.8 billion across 5 years, with a median of $7.5 billion in 2023.
• Annual changes were most pronounced in 2023 — Operating Expenses fell 2.91% — and 2025, when it gained 15.94%.
• Home Depot's Operating Expenses stood at $7.1 billion in 2022, then grew by 3.62% to $7.3 billion in 2023, then advanced by 9.21% to $8.0 billion in 2024, then advanced by 5.68% to $8.5 billion in 2025, then rose by 3.99% to $8.8 billion in 2026.
• The last three Operating Expenses figures came in at $8.8 billion (Q2 2026), $8.6 billion (Q1 2026), and $8.5 billion (Q4 2025), per Business Quant data.