Growth Metrics

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

Lowes Companies filings provide 18 years of Operating Expenses readings, the most recent being $4.4 billion for Q1 2026.

  • Quarterly Operating Expenses rose 15.38% to $4.4 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $16.8 billion through Jan 2026, up 7.06% year-over-year, with the annual reading at $16.8 billion for FY2026, 7.07% up from the prior year.
  • Operating Expenses hit $4.4 billion in Q1 2026 for Lowes Companies, up 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 $4.1 billion recorded in 2023.
  • The largest annual shift saw Operating Expenses surged 47.34% in 2022 before it crashed 41.63% in 2023.
  • Lowes Companies' Operating Expenses stood at $6.4 billion in 2022, then plummeted by 41.63% to $3.8 billion in 2023, then rose by 1.75% to $3.8 billion in 2024, then grew by 8.7% to $4.2 billion in 2025, then grew by 6.01% to $4.4 billion in 2026.
  • Per Business Quant, the three most recent readings for LOW's Operating Expenses are $4.4 billion (Q1 2026), $4.2 billion (Q4 2025), and $4.2 billion (Q3 2025).