The Home Depot (HD) Revenue — Quarter Ended Feb 2, 2025
Revenue for the quarter ended February 2, 2025 decreased compared to the immediately preceding quarter. Despite the sequential decline, revenue remained higher than the same quarter one year earlier.
Key takeaway
Quarter ended Feb 2, 2025 · FY2024 Q4
Revenue for the quarter ended February 2, 2025 decreased compared to the immediately preceding quarter. Despite the sequential decline, revenue remained higher than the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$39.7B
Revenue reported for this quarter.
Quarter-over-quarter
-1.3%
Change from the immediately preceding quarter.
Year-over-year
+14.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$159.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 28, 2024 | $36.4B | -2.3% |
| Jul 28, 2024 | $43.2B | +0.6% |
| Oct 27, 2024 | $40.2B | +6.6% |
| Feb 2, 2025 | $39.7B | +14.1% |
Revenue performance
The reported revenue direction is lower than the prior quarter, reflecting a sequential contraction. However, on a year-over-year basis, revenue grew significantly.
Quarterly comparison
Compared with the immediately preceding quarter, revenue fell, breaking the upward trend seen across the earlier three quarters of the fiscal year. Relative to the same quarter one year ago, revenue was substantially higher.
What to watch
The sequential decline in the final quarter contrasts with the growth trajectory of the prior three periods.