Filing Flows › Lowe's Companies (LOW) › Q2 FY27 › vs Q2 FY26
Lowe's Companies (LOW) Q2 FY27 vs Q2 FY26 (year over year)
Lowe's Companies's revenue rose $2.0B (+8%) from $24.0B in Q2 FY26 to $26.0B in Q2 FY27. The biggest changes: Products +$1.8B (+8%); Services +$128M (+20%); Product and Service, Other +$108M (+33%). Gross margin 33.0% against 33.8% (-0.8 pts).
Lowe's Companies, Q2 FY27: revenue $26.0B (+8% year over year), operating margin 13.7%, net earnings $2.4B, operating cash flow $3.7B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.0% | 33.8% | -0.8 pts |
| Operating margin | 13.7% | 14.5% | -0.8 pts |
| Net margin | 9.2% | 10.0% | -0.8 pts |
| Free cash flow margin | 12.0% | 15.6% | -3.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Products | $24.7B | $23.0B | $1.8B | +8% |
| Services | $783M | $655M | $128M | +20% |
| Product and Service, Other | $439M | $331M | $108M | +33% |
| Revenue | $26.0B | $24.0B | $2.0B | +8% |
| Gross profit | $8.6B | $8.1B | $476M | +6% |
| Cost of revenue | $17.4B | $15.9B | $1.5B | +10% |
| Operating profit | $3.5B | $3.5B | $80.0M | +2% |
| Operating expenses | $5.0B | $4.6B | $396M | +9% |
| Pre-tax earnings | $3.2B | $3.2B | $19.0M | +0.6% |
| Other expense, net | $374M | $313M | $61.0M | +19% |
| SG&A | $4.5B | $4.2B | $281M | +7% |
| Other operating costs | $572M | $457M | $115M | +25% |
| Net earnings | $2.4B | $2.4B | $1.0M | 0% |
| Income tax | $776M | $758M | $18.0M | +2% |
| Depreciation & amortization | $648M | $515M | $133M | +26% |
| Share-based compensation | $67.0M | $59.0M | $8.0M | +14% |
| Working capital & other | $545M | $1.3B | −$714M | -57% |
| Operating cash flow | $3.7B | $4.2B | −$572M | -14% |
| Free cash flow (OCF − capex) | $3.1B | $3.7B | −$619M | -17% |
| Capital expenditures | $542M | $495M | $47.0M | +9% |
Questions
How much did Lowe's Companies's revenue grow year over year in Q2 FY27?
Lowe's Companies's revenue rose $2.0B (+8%) from $24.0B in Q2 FY26 to $26.0B in Q2 FY27.
What drove Lowe's Companies's revenue change in Q2 FY27?
Products +$1.8B (+8%); Services +$128M (+20%); Product and Service, Other +$108M (+33%).