Lowe's Companies (LOW) 10-K Summaries & Annual Filing History
Review Lowe's Companies, Inc. (LOW) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Jan 30, 2026 · FY2025 10-K
Lowe's reported a modest annual revenue increase after several years of decline, with operating and net income reflecting period-specific performance. The company generated positive operating cash flow and maintained focus on its home improvement retail operations.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$86.3B
Revenue reported for the fiscal year.
Operating income
$10.2B
Income from operations reported for the year.
Net income
$6.7B
Net income reported for the year.
Operating cash flow
$9.9B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 3, 2023 | $97.1B | +0.8% |
| Feb 2, 2024 | $86.4B | -11.0% |
| Jan 31, 2025 | $83.7B | -3.1% |
| Jan 30, 2026 | $86.3B | +3.1% |
Business overview
Lowe's operates as a home improvement retailer, serving both do-it-yourself customers and professional contractors through its network of stores and online channels. The company offers a wide range of products including building materials, appliances, tools, and garden supplies, along with installation and repair services.
Financial performance
For the fiscal year ended January 30, 2026, revenue increased compared to the prior year, reversing a multi-year downward trend. Operating income and net income were each reported at specific annual levels, and operating cash flow supported ongoing business activities.
Material risks
The filing identifies risk factors in Item 1A, including potential impacts from macroeconomic conditions, competition, supply chain disruptions, and cybersecurity threats. Changes in consumer spending patterns and housing market trends are also noted as material uncertainties.
Liquidity and capital
The liquidity and capital resources section indicates that the company manages cash flows from operations to fund working capital, capital expenditures, and shareholder returns. No explicit changes to capital allocation strategy are described in the supplied context.
What to watch
Monitor whether the revenue growth trajectory continues or reverses in the next filing.