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Home Depot10-Q: Margin pressure

Gross margin declined to 33.0% from 33.8% YoY amid rising operating costs

What happened

The company's gross margin compressed by 80 basis points, and SG&A expenses rose as a percentage of sales. This pressure on profitability could make them receptive to cost-saving solutions and efficiency improvements in operations and supply chain.

Source

SEC EDGARMay 26, 2026

Quarterly report (Form 10-Q)

Home Depot 10-Q

Filing excerpt

Gross profit as a percentage of net sales, or gross profit margin, was 33.0% for the first quarter of fiscal 2026 compared to 33.8% for the first quarter of fiscal 2025, and primarily reflects the inclusion of GMS in our consolidated results.

sec.gov/Archives/edgar/data/354950/000162828026038247/hd-20260503.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Margin pressure

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
05/03
Filed
May 26, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Percent
-0.8% (Year-over-year change in gross profit margin)

Details

CIK
354950
Accession number
0001628280-26-038247
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Efficiency tools needed
Signal category
Financial

Topics and mentions

Vendors

  • GMS

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Jun 2, 2026
signal_type
sec-10q
signal_subtype
marginPressure

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/6df1e0a0-fc2a-4c86-8ccb-493a08b41992 returns this record as JSON. POST /v1/companies/enrich returns every signal for homedepot.com.

{
  "signal_id": "6df1e0a0-fc2a-4c86-8ccb-493a08b41992",
  "signal_type": "sec-10q",
  "signal_subtype": "marginPressure",
  "detected_at": "2026-06-02T08:18:25.906+00:00",
  "company": {
    "name": "Home Depot",
    "domain": "homedepot.com"
  },
  "data": {
    "detail": "The company's gross margin compressed by 80 basis points, and SG&A expenses rose as a percentage of sales. This pressure on profitability could make them receptive to cost-saving solutions and efficiency improvements in operations and supply chain.",
    "metrics": {
      "pct": -0.008,
      "timeframe": "current_quarter",
      "pct_context": "Year-over-year change in gross profit margin"
    },
    "summary": "Gross margin declined to 33.0% from 33.8% YoY amid rising operating costs",
    "excerpts": "Gross profit as a percentage of net sales, or gross profit margin, was 33.0% for the first quarter of fiscal 2026 compared to 33.8% for the first quarter of fiscal 2025, and primarily reflects the inclusion of GMS in our consolidated results.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/354950/000162828026038247/hd-20260503.htm",
    "filing_date": "2026-05-26",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "05/03",
    "sales_relevance": "Efficiency tools needed",
    "signal_category": "financial",
    "vendors_mentioned": [
      "GMS"
    ]
  }
}

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