LOWES COMPANIES INC

For the period ended May 1, 2026. Filed May 28, 2026.

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.

May 1, 2026 · Filed May 28, 2026

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

	May 1, 2026	May 2, 2025	January 30, 2026
Assets
Current assets:
Cash and cash equivalents	$786	$3,054	$982
Short-term investments	458	368	370
Receivables - net	1,151	96	1,090
Merchandise inventory - net	18,447	18,335	17,300
Other current assets	1,320	822	1,213
Total current assets	22,162	22,675	20,955
Property, less accumulated depreciation	18,254	17,636	18,362
Operating lease right-of-use assets	4,182	3,799	4,303
Long-term investments	247	300	319
Deferred income taxes - net	—	118	—
Goodwill	3,945	311	3,945
Intangible assets - net	5,807	274	5,908
Other assets	344	259	352
Total assets	$54,941	$45,372	$54,144
Liabilities and shareholders' deficit
Current liabilities:
Short-term borrowings	$380	$—	$—
Current maturities of long-term debt	810	4,183	2,431
Current operating lease liabilities	662	562	713
Accounts payable	11,975	11,235	9,762
Accrued compensation and employee benefits	972	853	1,285
Deferred revenue	1,629	1,500	1,477
Other current liabilities	3,846	4,055	3,795
Total current liabilities	20,274	22,388	19,463
Long-term debt, excluding current maturities	36,751	30,541	37,490
Noncurrent operating lease liabilities	3,937	3,669	4,043
Deferred income taxes - net	1,239	—	1,039
Deferred revenue - Lowe's protection plans	1,248	1,266	1,262
Other liabilities	762	762	764
Total liabilities	64,211	58,626	64,061
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, 560 million, and 561 million, respectively	280	280	281
Capital in excess of par value	68	13	370
Accumulated deficit	(9,884)	(13,833)	(10,839)
Accumulated other comprehensive income	266	286	271
Total shareholders' deficit	(9,270)	(13,254)	(9,917)
Total liabilities and shareholders' deficit	$54,941	$45,372	$54,144

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.