Growth Metrics

Lowes Companies (LOW) Operating Expenses (2016 - 2026)

Lowes Companies (LOW) has disclosed Operating Expenses for 10 consecutive years, with $4.2 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 8.7% year-over-year to $4.2 billion, compared with a TTM value of $16.2 billion through Oct 2025, up 2.82%, and an annual FY2025 reading of $15.7 billion, up 0.72% over the prior year.
  • Operating Expenses was $4.2 billion for Q4 2025 at Lowes Companies, roughly flat from $4.2 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $6.4 billion in Q4 2022 and bottomed at $3.8 billion in Q4 2023.
  • Average Operating Expenses over 5 years is $4.3 billion, with a median of $4.2 billion recorded in 2025.
  • The sharpest move saw Operating Expenses surged 47.34% in 2022, then crashed 41.63% in 2023.
  • Year by year, Operating Expenses stood at $4.4 billion in 2021, then soared by 47.34% to $6.4 billion in 2022, then tumbled by 41.63% to $3.8 billion in 2023, then grew by 1.75% to $3.8 billion in 2024, then increased by 8.7% to $4.2 billion in 2025.
  • Business Quant data shows Operating Expenses for LOW at $4.2 billion in Q4 2025, $4.2 billion in Q3 2025, and $4.0 billion in Q2 2025.