HOME DEPOT, INC. FY 2026 10-K, explained in plain English

Key financials — as reported

Total revenue	$164.7B
Gross margin	33.3%
Operating income	$20.9B
Net income	$14.2B
Diluted EPS	$14.23
Cash & equivalents	$1.4B
Total assets	$105.1B
Long-term debt	$49.4B

Key takeaway

Home Depot posted $164.7 billion in revenue with a 33.3% gross margin and $14.2 billion of net income for fiscal 2025.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash of only $1.389 billion against total debt and lease obligations of $51.3 billion (DebtAndCapitalLeaseObligations) implies a large net debt position of roughly $50 billion, far exceeding what the headline 'long-term debt' figure alone suggests.

🔒 3 more insights a headline reader would miss