Home Depot Beats Q2 Earnings Expectations with 5.7% Sales Growth

Home Depot (NYSE:HD) has reported its Q2 CY2026 earnings, beating Wall Street's revenue expectations. The home improvement retail giant saw sales rise 5.7% year on year to $47.86 billion, surpassing analyst estimates by 1.2%. This growth marks a slight acceleration from its historical levels, with same-store sales increasing 1.7% year on year.

The company's non-GAAP profit of $4.92 per share was also 4% above consensus estimates, while adjusted operating income reached $7.02 billion, beating expectations by 3.7%. Home Depot's operating margin remained steady at 14.3%, in line with the same quarter last year.

With a market capitalization of $336.9 billion and 2,364 locations as of the latest quarter, Home Depot is a behemoth in the consumer retail sector. Its revenue growth has been sluggish over the past three years, averaging a 3% compounded annual growth rate, but it remains one of the largest retailers globally.