What were Home Depot’s (NYSE:HD) total net sales for Q1 FY2026?

Home Depot reported net sales of $41.8 billion for Q1 FY2026, a 4.8% increase from $39.9 billion in Q1 FY2025, driven by expansion initiatives despite housing market pressures.

How did Home Depot’s comparable sales perform in Q1 FY2026?

Total comparable sales increased 0.6%, with U.S. domestic comparable sales up 0.4%. Foreign exchange contributed approximately 55 basis points to overall comparable sales.

What were Home Depot’s net earnings and EPS in Q1 FY2026?

Net earnings declined about 4% to $3.3 billion. GAAP diluted EPS fell to $3.30 from $3.45 a year ago, while adjusted diluted EPS dropped to $3.43 from $3.56 in the prior-year quarter.

How did Home Depot’s operating income change in Q1 FY2026?

Operating income decreased 3% year-over-year to $5 billion, reflecting modest margin pressure amid consumer uncertainty and housing market headwinds.

How strong was Home Depot’s cash generation in Q1 FY2026?

The company reported $6 billion in cash flow from operations, up from $4.3 billion in Q1 FY2025, highlighting robust operational cash generation despite flat-to-modest sales growth.

Image for illustrative purposes only. Not a real photo.

Home Depot sales rise to $41.8 billion on acquisition boost

Written by Brie CarterPublished May. 19 2026Last Updated May. 19 2026

The Home Depot (NYSE:HD) reported a 4.8% increase in net sales for the first quarter of fiscal 2026, navigating persistent housing market pressures and consumer uncertainty through expansion initiatives.

The Atlanta-based home improvement retailer generated $41.8 billion in net sales for the period, up from the $39.9 billion recorded in the first quarter of fiscal 2025.

Total company comparable sales ticked up by 0.6%, while domestic comparable sales in the U.S. grew 0.4%.

Foreign exchange fluctuations provided a positive impact of approximately 55 basis points to total comparable sales.

Net earnings arrived at $3.3 billion, representing a decline of approximately 4% compared to the prior-year period.

Diluted earnings per share came in at $3.30, down from $3.45 a year ago.

On an adjusted basis, diluted earnings per share fell to $3.43 from $3.56 in the same quarter last year.

Operating income for the quarter also retreated, dropping 3% to $5 billion.

Operational cash generation remained strong, with Home Depot reporting $6 billion in cash flow from operations, up from $4.3 billion in the first quarter of fiscal 2025.

The company concluded the quarter operating a footprint of 2,361 traditional retail stores alongside more than 1,280 SRS Distribution locations, which cater to the professional contractor ecosystem.

Meanwhile, management reaffirmed its full-year fiscal 2026 financial guidance.

Home Depot continues to forecast total sales growth between 2.5% and 4.5% and comparable sales performance ranging from flat to 2% growth.

Both diluted and adjusted diluted earnings per share for the full fiscal year are expected to register between flat and 4% growth compared to fiscal 2025.