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

Lowes Companies has reported Operating Expenses for 18 years, with the latest figure at $4.4 billion in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 9.32% year-over-year to $4.4 billion; the trailing twelve-month figure through May 2026 stood at $17.2 billion (up 9.21% YoY), and the FY2026 full-year result was $16.8 billion, up 7.07% from the prior year.
• Operating Expenses for Q2 2026 stood at $4.4 billion, roughly flat from $4.4 billion in the prior quarter.
• The five-year high for Operating Expenses was $6.4 billion in Q4 2022, with the low at $3.8 billion in Q4 2023.
• Historically, Operating Expenses has averaged $4.3 billion across 5 years, with a median of $4.1 billion in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 47.34% — and 2023, when it slumped 41.63%.
• Lowes Companies' Operating Expenses stood at $6.4 billion in 2022, then tumbled by 41.63% to $3.8 billion in 2023, then advanced by 1.75% to $3.8 billion in 2024, then climbed by 8.7% to $4.2 billion in 2025, then increased by 6.32% to $4.4 billion in 2026.
• The last three Operating Expenses figures came in at $4.4 billion (Q2 2026), $4.4 billion (Q1 2026), and $4.2 billion (Q4 2025), per Business Quant data.