Home Depot Inc. (HD) Earnings Analysis

Home Depot Inc. (HD) delivered mixed results in Q2 FY2027 on revenue of $47.9B versus the $47.2B estimate (+5.7% YoY) and EPS of $4.92. The next Home Depot Inc. (HD) earnings date is Nov 17, 2026. Below is the full Home Depot Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Home Depot Inc. (HD) Earnings Analysis — key stats

Next earnings dateNov 17, 2026
Latest reported quarterQ2 FY2027
Earnings verdictMixed
EPS beat rate3 of last 8 (quarters above estimate)
Avg next-day move±2.4% (over the last 8 reports)
Post-earnings directionUp 5 / Down 3 (of the last 8 reports)
Implied move (next report)±13.8% (options-derived · into Nov 17, 2026)
Institutional ownership130.8% (13F as of 2026-06-30)
Top 10 holders34.5% (of shares outstanding)
Insider activity9 buys / 3 sells (recent Form 4 filings)
Revenue$47.9B (vs $47.2B est · +1.3% surprise · +5.7% YoY)
EPS$4.92 (vs $4.73 est · +4.0% surprise · +4.4% YoY)
Share price$337.43 (+0.5%)
Market cap$336.5B

Home Depot Inc. (HD) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 FY2027$47.9B vs $47.2B est$4.92 vs $4.73 est+4.0%+1.9%Mixed
Q1 FY2027$41.8B vs $41.6B est$3.43 vs $3.41 est+0.6%+3.6%In line
Q4 FY2026$38.2B vs $38.1B est$2.72 vs $2.53 est+7.5%-0.4%Mixed
Q3 FY2026$41.4B vs $41.2B est$3.74 vs $3.83 est-2.3%-6.6%Mixed
Q2 FY2026$45.3B vs $45.4B est$4.68 vs $4.72 est-0.8%+1.8%In line
Q1 FY2026$39.9B vs $39.3B est$3.56 vs $3.60 est-1.1%-2.3%In line
Q4 FY2025$39.7B vs $39.2B est$3.13 vs $3.04 est+3.0%+2.1%Mixed
Q3 FY2025$40.2B vs $39.3B est$3.67 vs $3.64 est+0.8%+0.5%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.8.2%81.6M$28.8B+3.7%
Vanguard Capital Management LLC6.5%65.1M$23.0B+0.6%
State Street Corp4.7%47.2M$16.6B+1.1%
Vanguard Portfolio Management LLC2.6%25.8M$9.1B+1.9%
Geode Capital Management, LLC2.5%25.3M$8.9B+1.3%
Morgan Stanley2.3%22.6M$8.0B+1.0%
Sixth Street Partners Management Company, L.P.2.0%20.3M$7.1B+100.0%
Charles Schwab Investment Management INC2.0%20.3M$7.1B+18.6%
Fmr LLC1.8%18.1M$6.4B+31.8%
Capital Research Global Investors1.7%16.8M$5.9B+12.1%

Recent insider transactions

InsiderRoleDateTypeSharesValue
Broggi Jordanofficer: EVP-Interconnected Retail2026-08-20Buy1K—
Bastek William Dofficer: EVP, Merchandising2026-08-20Buy1K—
McPhail Richard Vofficer: EVP & CFO2026-08-19Buy6K$882539
McPhail Richard Vofficer: EVP & CFO2026-08-20Buy1K—
McPhail Richard Vofficer: EVP & CFO2026-08-19Sell6K$2.1M
McPhail Richard Vofficer: EVP & CFO2026-08-19Sell6K$882539
Rowe Michael F.officer: EVP, Pro2026-05-28Sell714—
Sharma Ashadirector2026-05-21Buy796—

What you'll find

Frequently asked questions

When is Home Depot Inc.'s next earnings date?
Home Depot Inc.'s (HD) next scheduled earnings date is Nov 17, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Home Depot Inc. (HD) beat or miss earnings?
In Q2 FY2027, Home Depot Inc. (HD) posted mixed results — revenue of $47.9B versus the $47.2B estimate (+1.3% surprise) and EPS of $4.92 versus $4.73 expected (+4.0% surprise). Magnisto decodes every Home Depot Inc. (HD) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Home Depot Inc. beat earnings estimates?
Over its last 8 reported quarters, Home Depot Inc. (HD) beat Wall Street EPS estimates 3 times, most recently a mixed result in Q2 FY2027. Magnisto tracks every Home Depot Inc. (HD) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Home Depot Inc. stock move after earnings?
Over its last 8 quarterly reports, Home Depot Inc. (HD) moved an average of ±2.4% the day after earnings — ranging from -6.6% (Q3 FY2026) to +3.6% (Q1 FY2027). The stock rose after 5 of those 8 reports and fell after 3. Heading into its next report on Nov 17, 2026, options-implied volatility is pricing in a move of roughly ±13.8% (derived). Magnisto tracks the realized post-earnings move for every Home Depot Inc. (HD) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Home Depot Inc.?
Institutions hold about 130.8% of Home Depot Inc.'s (HD) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (8.2%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.7%). Magnisto lists Home Depot Inc.'s (HD) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Home Depot Inc. (HD)?
In the most recent Form 4 filings Magnisto tracks, Home Depot Inc. (HD) insiders recorded 9 purchases and 3 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Home Depot Inc. (HD) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Home Depot Inc. (HD), anchored to the current $337.43 share price, so you can weigh the bull, base and bear cases for Home Depot Inc. side by side.
Is Home Depot Inc. (HD) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Home Depot Inc. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.