Home Depot Operating Expenses Growth & History (HD)

Home Depot's operating expenses was $33.98B for fiscal 2025.

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Home Depot annual operating expenses history

Home Depot annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252026-02-01$33.98B$2.19B+6.90%
20242025-02-02$31.78B$2.51B+8.58%
20232024-01-28$29.27B$532.0M+1.85%
20222023-01-29$28.74B$947.0M+3.41%
20212022-01-30$27.79B$1.22B+4.58%
20202021-01-31$26.57B$4.85B+22.30%
20192020-02-02$21.73B$99.0M+0.46%
20182019-02-03$21.63B$1.96B+9.94%
20172018-01-28$19.68B$789.0M+4.18%
20162017-01-29$18.89B$395.0M+2.14%
20152016-01-31$18.49B$571.0M+3.19%
20142015-02-01$17.92B$171.0M+0.96%
20132014-02-02$17.75B−$327.0M−1.81%
20122013-02-03$18.08B$475.0M+2.70%
20112012-01-29$17.60B$136.0M+0.78%
20102011-01-30$17.46B−$144.0M−0.82%
20092010-01-31$17.61B−$2.02B−10.30%
20082009-02-01$19.63B$876.0M+4.67%
20072008-02-03$18.75B

Home Depot operating expenses trends

Over the last five fiscal years, Home Depot's operating expenses increased from $26.57B to $33.98B, a change of $7.40B. The latest reported quarter, Q2 2026, shows $9.28B.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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