Lowes Companies (LOW) Operating Expenses (2009 - 2026)
Lowes Companies (LOW) posted Operating Expenses of $4.4 billion for Q2 2026, little changed on a QoQ basis from $4.4 billion in Q1 2026, and up 9.32% year-over-year from $4.0 billion in Q2 2025.
Lowes Companies (LOW) Operating Expenses (2009 - 2026) Analysis & Trends
Lowes Companies' Operating Expenses history runs 18 years deep, the most recent figure standing at $4.4 billion for Q2 2026.
- Quarterly Operating Expenses rose 9.32% year-over-year to $4.4 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $17.2 billion (up 9.21% YoY) and the FY2026 annual result came in at $16.8 billion, up 7.07% from the prior year.
- Operating Expenses was $4.4 billion for Q2 2026 at Lowes Companies, roughly flat from $4.4 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.
- A 5-year average of $4.3 billion and a median of $4.1 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 47.34% — and 2023, when it sank 41.63%.
- Lowes Companies' Operating Expenses stood at $6.4 billion in 2022, then sank 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, then gained by 6.32% to $4.4 billion in 2026.
- Business Quant data shows LOW's Operating Expenses at $4.4 billion in Q2 2026, $4.4 billion in Q1 2026, and $4.2 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Home Depot | 335.94 Bn | 334.34 Bn | 13.78 Bn | 8.80 Bn |
| 2 | Lowes Companies | 120.57 Bn | 119.33 Bn | 7.54 Bn | 4.42 Bn |
| 3 | Floor & Decor Holdings | 6.02 Bn | 5.72 Bn | 507.45 Mn | 455.06 Mn |
| 4 | Haverty Furniture Companies | 385.74 Mn | 278.28 Mn | 116.22 Mn | 111.22 Mn |
| 5 | Live Ventures | 29.89 Mn | 29.89 Mn | 35.35 Mn | 31.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 1, 2026 | 4.42 Bn |
| Jan 30, 2026 | 4.41 Bn |
| Oct 31, 2025 | 4.16 Bn |
| Aug 1, 2025 | 4.18 Bn |
| May 2, 2025 | 4.05 Bn |
| Jan 31, 2025 | 3.82 Bn |
| Nov 1, 2024 | 3.83 Bn |
| Aug 2, 2024 | 4.03 Bn |
| May 3, 2024 | 4.01 Bn |
| Feb 2, 2024 | 3.90 Bn |
| Nov 3, 2023 | 3.76 Bn |
| Aug 4, 2023 | 4.09 Bn |
| May 5, 2023 | 3.82 Bn |
| Feb 3, 2023 | 5.13 Bn |
| Oct 28, 2022 | 6.44 Bn |
| Jul 29, 2022 | 4.46 Bn |
| Apr 29, 2022 | 4.30 Bn |
| Jan 28, 2022 | 4.74 Bn |
| Oct 29, 2021 | 4.37 Bn |
| Jul 30, 2021 | 4.69 Bn |