Filing Flows › Lowe's Companies (LOW) › Q1 FY27 › vs Q1 FY26
Lowe's Companies (LOW) Q1 FY27 vs Q1 FY26 (year over year)
Lowe's Companies's revenue rose $2.1B (+10%) from $20.9B in Q1 FY26 to $23.1B in Q1 FY27. The biggest changes: Products +$1.9B (+9%); Services +$162M (+30%); Product and Service, Other +$100M (+46%). Gross margin 32.7% against 33.4% (-0.7 pts).
Lowe's Companies, Q1 FY27: revenue $23.1B (+10% year over year), operating margin 11.1%, net earnings $1.6B, operating cash flow $3.4B. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 32.7% | 33.4% | -0.7 pts |
| Operating margin | 11.1% | 11.9% | -0.8 pts |
| Net margin | 7.1% | 7.8% | -0.8 pts |
| Free cash flow margin | 12.3% | 13.7% | -1.4 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Products | $22.1B | $20.2B | $1.9B | +9% |
| Services | $706M | $544M | $162M | +30% |
| Product and Service, Other | $317M | $217M | $100M | +46% |
| Revenue | $23.1B | $20.9B | $2.1B | +10% |
| Gross profit | $7.5B | $7.0B | $557M | +8% |
| Cost of revenue | $15.5B | $13.9B | $1.6B | +11% |
| Operating profit | $2.6B | $2.5B | $60.0M | +2% |
| Operating expenses | $5.0B | $4.5B | $497M | +11% |
| Pre-tax earnings | $2.2B | $2.2B | −$2.0M | -0.1% |
| Other expense, net | $399M | $337M | $62.0M | +18% |
| SG&A | $4.4B | $4.0B | $377M | +9% |
| Other operating costs | $566M | $446M | $120M | +27% |
| Net earnings | $1.6B | $1.6B | −$13.0M | -0.8% |
| Income tax | $527M | $516M | $11.0M | +2% |
| Depreciation & amortization | $644M | $507M | $137M | +27% |
| Share-based compensation | $65.0M | $58.0M | $7.0M | +12% |
| Working capital & other | $1.0B | $1.2B | −$160M | -14% |
| Operating cash flow | $3.4B | $3.4B | −$29.0M | -0.9% |
| Free cash flow (OCF − capex) | $2.8B | $2.9B | −$32.0M | -1% |
| Capital expenditures | $521M | $518M | $3.0M | +0.6% |
Questions
How much did Lowe's Companies's revenue grow year over year in Q1 FY27?
Lowe's Companies's revenue rose $2.1B (+10%) from $20.9B in Q1 FY26 to $23.1B in Q1 FY27.
What drove Lowe's Companies's revenue change in Q1 FY27?
Products +$1.9B (+9%); Services +$162M (+30%); Product and Service, Other +$100M (+46%).