The company said net sales for fiscal 2025 rose $5.2 billion (3.2%) to $164.7 billion, ending February 1, 2026, and net earnings were $14.2 billion, or $14.23 per diluted share. It said the SRS and GMS acquisitions contributed about $6.3 billion in incremental net sales.

1. 01

   The company said net sales for fiscal 2025 rose $5.2 billion (3.2%) to $164.7 billion, ending February 1, 2026, and net earnings were $14.2 billion, or $14.23 per diluted share. It said the SRS and GMS acquisitions contributed about $6.3 billion in incremental net sales.

2. 02

   Home Depot said its gross profit margin for fiscal 2025 was 33.3%, compared with 33.4% a year earlier, and cited the inclusion of SRS and GMS in its consolidated results as the reason for the decline. SG&A was $30.7 billion, or 18.6% of net sales compared with 18.0% a year earlier, and diluted earnings per share were $14.23, compared with $14.91.

3. 03

   The company said it generated $16.3 billion in operating cash flow in fiscal 2025 and used it for cash dividends of $9.2 billion, repayments of long-term debt of $5.0 billion and capital expenditures of $3.7 billion. It said net cash provided by operating activities decreased by $3.5 billion from the prior year.

4. 04

   The company said it completed the GMS merger on September 4, 2025 after acquiring GMS through a cash tender offer at $110 per share. It said the aggregate cash consideration was about $5.5 billion, including the repayment of certain of GMS's outstanding debt, and that it repaid about $2.0 billion of commercial paper borrowings in September 2025 with the proceeds of $2.0 billion in senior notes.

Key figures

Fiscal year ended February 1, 2026

Revenue

$164.7B

Operating income

$20.9B

Net income

$14.2B

EPS

$14.23

Gross profit

$54.9B

Operating cash flow

$16.3B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.