10-Q quarterly report · filed May 28, 2025

Home Depot (The) (HD) Q2 2025 10-Q Quarterly Report

Short answer

Home Depot (The) (HD) filed its Q2 2025 10-Q quarterly report on May 28, 2025 for the quarter ended May 4, 2025. Quarterly revenue was $39.9B (up 9.4% year over year) with net income of $3.4B.

Q2 2025 key financials · XBRL

Revenue
$39.9B
+9.4% YoY
Net income
$3.4B
−4.6% YoY
Operating margin
12.9%
Gross margin
33.8%
EPS (diluted)
$3.45
−5.0% YoY

Source: XBRL data from the Home Depot (The) (HD) Q2 2025 10-Q on SEC EDGAR. USD.

Home Depot (The) Q2 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk: Acquisition of SRS in June 2024 increased intangible asset amortization expense by 15.9% depreciation year-over-year
  • Updated risk: Effective income tax rate rose to 24.4% from 22.6% due to absence of discrete tax benefits recognized last year
  • Regulatory risk: Compliance with covenants under credit and senior note indentures maintained; no impact on liquidity or capital resources
  • Market risk: Comparable sales down 0.3% driven by 0.5% decline in customer transactions amid high interest rate environment pressuring demand
  • Financial risk: Liquidity supported by $1.4B cash, $7.0B commercial paper availability, new $3.5B five-year credit facility expiring May 2030

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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