What Home Depot's latest 10-Q says: 12 signals
Home Depot filed its latest 10-Q with the SEC on May 26, 2026. It discusses acquisition completed, bookings decline and capex increase.
Public (HD)Retail10,000+ employeeshomedepot.comLinkedIn
- Filed
- May 26, 2026
- Filings
- 1
- Signals
- 12
10-Q · latest 10
What Home Depot's 10-Q filings say
- SEC EDGAR
10-Q
Filed · 12 signals
Home Depot launches multi-year transformation to upgrade and migrate accounting and finance systems.
The company is actively replacing legacy financial systems, signaling a major IT and business process overhaul.
Home Depot integrating GMS Inc. acquisition, which added $1.3B in Q1 sales.
The recent acquisition of GMS Inc. is a major operational focus, requiring the integration of disparate systems, processes, and financial reporting.
$1.3B
Net sales contributed by GMS in Q1 2026
GMS Inc.
Company plans to invest approximately $4 billion in CapEx in fiscal 2026.
A significant portion of the $4B capital expenditure budget is targeted at strategic initiatives, including delivering a 'frictionless interconnected experience'.
$4B
Planned capital expenditures for fiscal 2026
Home Depot plans $4 billion in capital expenditures for fiscal 2026
The company is allocating significant capital towards strategic initiatives, including new stores, maintaining existing stores, and enhancing its 'frictionless interconnected experience' for customers.
$4B
Planned capital expenditures for fiscal 2026
Ongoing business transformation includes upgrading and migrating accounting and finance systems
Home Depot is in a multi-year process of upgrading its core finance and accounting systems, which involves modifying internal control processes.
accounting and finance systems
Gross margin declined to 33.0% from 33.8% YoY amid rising operating costs
The company's gross margin compressed by 80 basis points, and SG&A expenses rose as a percentage of sales.
-0.8%
Year-over-year change in gross profit margin
GMS
Online sales grew 10.5% in Q1 2026, now representing 16.5% of total net sales
The company is experiencing strong growth in its e-commerce channel, indicating a strategic focus on its 'interconnected experience'.
10.5%
Increase in online sales vs prior year quarter
mobile applications
Comparable customer transactions decreased by 1.3% in Q1 2026
Despite a slight increase in overall comparable sales driven by higher ticket prices, the number of customer transactions fell.
-1.3%
Decrease in comparable customer transactions
SG&A expenses increased to 19.1% of net sales due to higher operating costs.
The rise in Selling, General & Administrative (SG&A) costs relative to sales performance indicates pressure on operating margins.
19.1%
SG&A as a percentage of net sales
Company paused share repurchases in fiscal 2026 to prioritize debt reduction
Following the SRS acquisition, Home Depot is shifting its capital allocation strategy to focus on reducing outstanding debt, having repaid $1.3B in senior notes in April 2026.
$1.3B
Senior notes repaid at maturity in April 2026
SRS
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Home Depot earnings headlines
From earnings call transcripts (Signal API type earnings-transcripts).
| Call date | What the company said |
|---|---|
| Committing to significant capital expenditures of ~2.5% of sales in FY2025.The company plans to continue investing heavily in the business, with CapEx projected to be approximately 2.5% of sales. This represents a multi-billion dollar budget for business improvements, technology, and infrastructure. | |
| Allocating ~2.5% of sales for FY2025 capital expendituresThe company has a significant, publicly stated budget for capital investments in the upcoming fiscal year, representing a prime opportunity for vendors supporting business growth and infrastructure projects. | |
| Faster fulfillment initiatives drove 11% online sales growthThe company is successfully investing in faster delivery speeds, which is directly resonating with customers, driving double-digit online sales growth and a 400 basis point increase in customer satisfaction. This highlights a continued focus on supply chain and e-commerce experience. | |
| Launched AI-powered blueprint takeoff tool to automate manual project planningA new AI tool is replacing a manual, weeks-long process for Pro customers, indicating a strategic focus on leveraging advanced technology to solve specific business pains and improve customer experience. | |
| Lowered FY2025 guidance due to consumer uncertainty and housing pressure.The company revised its full-year guidance downward for sales and EPS, citing a softer Q3 and ongoing macroeconomic pressures. This indicates potential budget scrutiny but also a heightened need for efficiency-driving solutions. | |
| Sales missed expectations due to consumer uncertainty and housing market pressureExecutive leadership acknowledged that an expected increase in demand did not materialize due to consumer uncertainty and a weak housing market, creating pressure to find new avenues for growth and efficiency. |
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One POST /v1/companies/enrich call with homedepot.com returns Home Depot 10-Q signals (sec-10q), each with its source. Or ask Claude through MCP.
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"homedepot.com","signal_types":["sec-10q"],"limit":20}'Same industry
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Questions about Home Depot 10-Q
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Source. Quarterly reports (Form 10-Q) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .