Lowes Companies LOW
NYSE LOW
$196.60 -2.00 (-1.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Lowes Companies (LOW) Operating Expenses (2009 - 2026)

Lowes Companies' (LOW) quarterly Operating Expenses came in at $4.5 billion in Q3 2026, up 6.73% on a YoY basis from $4.2 billion in Q3 2025, and up 0.75% quarter-over-quarter from $4.4 billion in Q2 2026.

Analysis

Lowes Companies (LOW) Operating Expenses (2009 - 2026) Analysis & Trends

Lowes Companies (LOW) has reported Operating Expenses for 18 consecutive years, with $4.5 billion the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 6.73% year-over-year to $4.5 billion; the trailing twelve-month figure through Jul 2026 stood at $17.4 billion (up 9.95% YoY), and the FY2026 full-year result was $16.8 billion, up 7.07% from the prior year.
  • Operating Expenses rose to $4.5 billion in Q3 2026 per LOW's latest filing, 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.
  • Historically, Operating Expenses has averaged $4.3 billion across 5 years, with a median of $4.2 billion in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 47.34% in 2022, then tumbled 41.63% in 2023.
  • Over 5 years, 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 advanced by 7.12% to $4.5 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $4.5 billion, $4.4 billion, and $4.4 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
Jul 31, 2026 4.46 Bn
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