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Lowe's (LOW) Q1 2026: Revenue Hits $23.08B, AI Tool for Pros Launched

Lowe's reported Q1 2026 results with revenue of $23.08 billion and flat net income, reaffirmed full-year guidance, and launched an AI-powered Material Lists tool for Pro customers.

May 24, 2026
2 min read
Source: Simply Wall St.
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Key Numbers

revenue
23.08B
net income
flat
quarter
Q1 2026

Lowe's Companies (NYSE: LOW) reported its first-quarter 2026 results with revenue reaching $23.08 billion, while net income remained broadly flat year-over-year. The company reaffirmed its full-year guidance and introduced an AI-powered "Material Lists" tool designed for its professional (Pro) customer segment.

Key Financial Results

MetricQ1 2026YoY Change
Revenue$23.08BNot specified
Net IncomeRoughly flatNot specified
EPSNot disclosedNot specified

Highlights from the Report

  • Launch of AI-powered "Material Lists" tool for Pro customers, helping estimate materials needed for projects.
  • Continued focus on operational efficiency and serving professional contractors.

Guidance

Lowe's reaffirmed its full-year 2026 guidance, signaling management confidence in steady performance despite a pressured home improvement market.

Stock Impact

The stock showed no major movement following the announcement, as investors reacted cautiously to flat earnings and reaffirmed guidance.

What This Means for Investors

The results indicate stability in Lowe's business amid a competitive market, with increasing emphasis on tech innovation for Pro customers. While long-term prospects may benefit, investors await clearer signs of earnings growth.

Frequently Asked Questions

Lowe's revenue reached $23.08 billion in Q1 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.