Flagship explainer

How HOME DEPOT, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$164.7B · 100%Cost of revenue$109.8B · 67%Gross profit$54.9B · 33%Operating income$20.9B · 13%Income before tax$18.6B · 11%Income tax$4.4B · 3%Net income$14.2B · 9%As of 2026-02-01 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$164.7B100%
Cost of revenue$109.8B67%
$54.9B33%
$20.9B13%
Income before tax$18.6B11%
Income tax$4.4B3%
$14.2B9%
Source: · event Feb 1, 2026 · retrieved Jul 26, 2026 · annual-row source set
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