Lowes Companies annual operating expenses
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Lowes Companies Operating Expenses Growth & History (LOW)
Lowes Companies's operating expenses was $18.73B for fiscal 2025.
View full Lowes Companies company overviewLowes Companies annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-30 | $18.73B | $1.32B | +7.59% |
| 2024 | 2025-01-31 | $17.41B | $124.0M | +0.72% |
| 2023 | 2024-02-02 | $17.29B | −$4.81B | −21.77% |
| 2022 | 2023-02-03 | $22.10B | $2.13B | +10.69% |
| 2021 | 2022-01-28 | $19.96B | $38.0M | +0.19% |
| 2020 | 2021-01-29 | $19.93B | $3.30B | +19.82% |
| 2019 | 2020-01-31 | $16.63B | −$2.26B | −11.97% |
| 2018 | 2019-02-01 | $18.89B | $3.04B | +19.19% |
| 2017 | 2018-02-02 | $15.85B | $20.0M | +0.13% |
| 2016 | 2017-02-03 | $15.83B | −$323.0M | −2.00% |
| 2015 | 2016-01-29 | $16.15B | $869.0M | +5.69% |
| 2014 | 2015-01-30 | $15.28B | $479.0M | +3.24% |
| 2013 | 2014-01-31 | $14.80B | $613.0M | +4.32% |
| 2012 | 2013-02-01 | $14.19B | −$254.0M | −1.76% |
| 2011 | 2012-02-03 | $14.44B | $520.0M | +3.73% |
| 2010 | 2011-01-28 | $13.92B | $286.0M | +2.10% |
| 2009 | 2010-01-29 | $13.64B | $643.0M | +4.95% |
| 2008 | 2009-01-30 | $12.99B | $779.0M | +6.38% |
| 2007 | 2008-02-01 | $12.22B | — | — |
Lowes Companies quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-31 | $5.03B | $396.0M | +8.55% |
| Q1 2026 | 2026-05-01 | $4.99B | $497.0M | +11.06% |
| Q4 2025 | 2026-01-30 | $4.97B | $707.0M | +16.57% |
| Q3 2025 | 2025-10-31 | $4.63B | $375.0M | +8.80% |
| Q2 2025 | 2025-08-01 | $4.63B | $184.0M | +4.14% |
| Q1 2025 | 2025-05-02 | $4.49B | $55.0M | +1.24% |
| Q4 2024 | 2025-01-31 | $4.27B | −$74.0M | −1.71% |
| Q3 2024 | 2024-11-01 | $4.26B | $65.0M | +1.55% |
| Q2 2024 | 2024-08-02 | $4.45B | −$65.0M | −1.44% |
| Q1 2024 | 2024-05-03 | $4.44B | $198.0M | +4.67% |
| Q4 2023 | 2024-02-02 | $4.34B | −$1.21B | −21.83% |
| Q3 2023 | 2023-11-03 | $4.20B | −$2.70B | −39.15% |
| Q2 2023 | 2023-08-04 | $4.51B | −$391.0M | −7.97% |
| Q1 2023 | 2023-05-05 | $4.24B | −$509.0M | −10.72% |
| Q4 2022 | 2023-02-03 | $5.55B | $374.0M | +7.22% |
| Q3 2022 | 2022-10-28 | $6.89B | $2.10B | +43.68% |
| Q2 2022 | 2022-07-29 | $4.90B | −$198.0M | −3.88% |
| Q1 2022 | 2022-04-29 | $4.75B | −$137.0M | −2.80% |
| Q4 2021 | 2022-01-28 | $5.18B | $247.0M | +5.01% |
| Q3 2021 | 2021-10-29 | $4.80B | −$327.0M | −6.38% |
| Q2 2021 | 2021-07-30 | $5.10B | −$245.0M | −4.58% |
| Q1 2021 | 2021-04-30 | $4.88B | $363.0M | +8.03% |
| Q4 2020 | 2021-01-29 | $4.93B | $907.0M | +22.54% |
| Q3 2020 | 2020-10-30 | $5.13B | $1.04B | +25.55% |
| Q2 2020 | 2020-07-31 | $5.35B | $988.0M | +22.67% |
| Q1 2020 | 2020-05-01 | $4.52B | $358.0M | +8.60% |
| Q4 2019 | 2020-01-31 | $4.02B | −$1.44B | −26.37% |
| Q3 2019 | 2019-11-01 | $4.08B | −$338.0M | −7.65% |
| Q2 2019 | 2019-08-02 | $4.36B | −$363.0M | −7.69% |
| Q1 2019 | 2019-05-03 | $4.16B | −$119.0M | −2.78% |
| Q4 2018 | 2019-02-01 | $5.46B | $2.31B | +73.33% |
| Q3 2018 | 2018-11-02 | $4.42B | $254.0M | +6.10% |
| Q2 2018 | 2018-08-03 | $4.72B | $434.0M | +10.12% |
| Q1 2018 | 2018-05-04 | $4.28B | $42.0M | +0.99% |
| Q4 2017 | 2018-02-02 | $3.15B | $266.0M | +9.21% |
| Q3 2017 | 2017-11-03 | $4.17B | −$465.0M | −10.04% |
| Q2 2017 | 2017-08-04 | $4.29B | −$115.0M | −2.61% |
| Q1 2017 | 2017-05-05 | $4.24B | $334.0M | +8.55% |
| Q4 2016 | 2017-02-03 | $2.89B | −$1.41B | −32.74% |
| Q3 2016 | 2016-10-28 | $4.63B | $828.0M | +21.77% |
| Q2 2016 | 2016-07-29 | $4.40B | $261.0M | +6.30% |
| Q1 2016 | 2016-04-29 | $3.91B | −$7.0M | −0.18% |
| Q4 2015 | 2016-01-29 | $4.29B | $632.0M | +17.27% |
| Q3 2015 | 2015-10-30 | $3.80B | $39.0M | +1.04% |
| Q2 2015 | 2015-07-31 | $4.14B | $100.0M | +2.47% |
| Q1 2015 | 2015-05-01 | $3.91B | $98.0M | +2.57% |
| Q4 2014 | 2015-01-30 | $3.66B | $117.0M | +3.30% |
| Q3 2014 | 2014-10-31 | $3.76B | $82.0M | +2.23% |
| Q2 2014 | 2014-08-01 | $4.04B | $151.0M | +3.88% |
| Q1 2014 | 2014-05-02 | $3.82B | $129.0M | +3.50% |
| Q4 2013 | 2014-01-31 | $3.54B | $212.0M | +6.36% |
| Q3 2013 | 2013-11-01 | $3.68B | $174.0M | +4.96% |
| Q2 2013 | 2013-08-02 | $3.89B | $254.0M | +6.98% |
| Q1 2013 | 2013-05-03 | $3.69B | −$27.0M | −0.73% |
| Q4 2012 | 2013-02-01 | $3.33B | −$162.0M | −4.64% |
| Q3 2012 | 2012-11-02 | $3.51B | −$177.0M | −4.80% |
| Q2 2012 | 2012-08-03 | $3.64B | −$50.0M | −1.36% |
| Q1 2012 | 2012-05-04 | $3.71B | $135.0M | +3.77% |
| Q4 2011 | 2012-02-03 | $3.49B | $222.0M | +6.79% |
| Q3 2011 | 2011-10-28 | $3.69B | $275.0M | +8.06% |
| Q2 2011 | 2011-07-29 | $3.69B | $16.0M | +0.44% |
| Q1 2011 | 2011-04-29 | $3.58B | $7.0M | +0.20% |
| Q4 2010 | 2011-01-28 | $3.27B | $38.0M | +1.18% |
| Q3 2010 | 2010-10-29 | $3.41B | $48.0M | +1.43% |
| Q2 2010 | 2010-07-30 | $3.67B | $64.0M | +1.77% |
| Q1 2010 | 2010-04-30 | $3.57B | $136.0M | +3.96% |
| Q4 2009 | 2010-01-29 | $3.23B | — | — |
| Q3 2009 | 2009-10-30 | $3.36B | $155.0M | +4.83% |
| Q2 2009 | 2009-07-31 | $3.61B | $122.0M | +3.50% |
| Q1 2009 | 2009-05-01 | $3.44B | — | — |
| Q3 2008 | 2008-10-31 | $3.21B | — | — |
| Q2 2008 | 2008-08-01 | $3.48B | — | — |
Lowes Companies operating expenses trends
Over the last five fiscal years, Lowes Companies's operating expenses decreased from $19.93B to $18.73B, a change of −$1.19B. The latest reported quarter, Q2 2026, shows $5.03B.
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.
Review Lowes Companies source filings ↗