Home Depot Sales Declined 3.8% in Q4, Earnings Down 14.2%

Atlanta, GA, February 24, 2026-The Home Depot announced sales for Q4 2025 were $38.2 billion, a decrease of 3.8% Q4 2024’s $39.7 billion. 

Comparable sales for Q4 2025 increased 0.4%, and comparable sales in the U.S. increased 0.3%.

Net earnings for Q4 2025 were $2.6 billion, a decline of 14.2% compared with net earnings of $3.0 billion in the same period of 2024. 

Sales for fiscal 2025 were $164.7 billion, an increase of $ 3.2% from 2024’s $159.5 billion. 

Comparable sales for fiscal 2025 increased 0.3%, and comparable sales in the U.S. increased 0.5%.

Net earnings for fiscal 2025 were $14.2 billion, a 4.4% decline compared with net earnings of $14.8 billion in 2024.

"Throughout fiscal 2025, our teams did an incredible job engaging with our customers and growing market share, and I would like to thank them for their hard work and dedication," said Ted Decker, chair, president and CEO. "For the fourth quarter, our results were largely in-line with our expectations, reflecting the lack of storm activity in the third quarter and ongoing consumer uncertainty and pressure in housing. Adjusting for storms, underlying demand was relatively stable throughout the year."