The Home Depot, Inc. earnings overview

HD FY2026 Q1 · Calendar Q2 2026

The Home Depot, Inc.

Home Depot's first quarter showed accelerating growth and a confident management tone. Revenue of $41.8 billion grew 4.8% year-over-year with comps up 0.6%, edging past consensus on both EPS and revenue. The completed Mingledorff's acquisition adds HVAC parts distribution as a new growth vector, expanding the company's addressable market to $1.2 trillion. Management reaffirmed FY2026 guidance and disclosed a $400 million cross-sell run-rate target across SRS, GMS, and HD Supply, signaling that the Pro-focused ecosystem strategy is gaining traction. The stock responded with a 1.5% abnormal return on the report day and 8.3% subsequent drift higher, though comp growth remains modest and macro headwinds persist.