LOWES COMPANIES INC

For the period ended Oct 31, 2025. Filed Nov 26, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Oct 31, 2025 · Filed Nov 26, 2025

LOW$232.10+3.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

Consolidated Balance Sheets (Unaudited)

In Millions, Except Par Value Data

	October 31, 2025	November 1, 2024	January 31, 2025
Assets
Current assets:
Cash and cash equivalents	$621	$3,271	$1,761
Short-term investments	412	335	372
Receivables - net	1,216	108	94
Merchandise inventory - net	17,183	17,566	17,409
Other current assets	788	697	722
Total current assets	20,220	21,977	20,358
Property, less accumulated depreciation	18,309	17,586	17,649
Operating lease right-of-use assets	4,345	3,771	3,738
Long-term investments	280	312	277
Deferred income taxes - net	—	261	244
Intangible assets - net	5,994	281	277
Goodwill	3,982	311	311
Other assets	323	244	248
Total assets	$53,453	$44,743	$43,102
Liabilities and shareholders' deficit
Current liabilities:
Current maturities of long-term debt	$2,437	$2,576	$2,586
Current operating lease liabilities	691	497	563
Accounts payable	10,236	10,602	9,290
Accrued compensation and employee benefits	1,023	828	1,008
Deferred revenue	1,537	1,359	1,358
Other current liabilities	3,527	3,585	3,952
Total current liabilities	19,451	19,447	18,757
Long-term debt, excluding current maturities	37,498	32,906	32,901
Noncurrent operating lease liabilities	4,070	3,741	3,628
Deferred income taxes - net	808	—	—
Deferred revenue - Lowe's protection plans	1,273	1,260	1,268
Other liabilities	735	808	779
Total liabilities	63,835	58,162	57,333
Shareholders' deficit:
Preferred stock, $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none	—	—	—
Common stock, $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 561 million, 565 million, and 560 million, respectively	280	282	280
Capital in excess of par value	228	—	—
Accumulated deficit	(11,165)	(13,993)	(14,799)
Accumulated other comprehensive income	275	292	288
Total shareholders' deficit	(10,382)	(13,419)	(14,231)
Total liabilities and shareholders' deficit	$53,453	$44,743	$43,102

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.