Direct Answer
Home Depot reports revenue across 2 business segments in its fiscal 2026 Form 10-K. Primary is the largest, with $152 billion of revenue (92% of the total), followed by All Other at $12.7 billion (8%). 92% of revenue came from the United States.
How Does Home Depot Make Money?
Primary supplies 92% of revenue, so Home Depot's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2025 and 2026, All Other grew fastest (+98.5%) and Primary slowest (-0.7%), so the revenue mix tilts toward All Other while that gap lasts.
| Segment | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Primary | $152 billion | $153 billion | 92.3% | -0.7% |
| All Other | $12.7 billion | $6.4 billion | 7.7% | 98.5% |
Which Home Depot Segments Earn the Most?
| Segment | FY2026 segment operating income | Segment margin |
|---|---|---|
| Primary | $20.6 billion | 13.5% |
| All Other | $316 million | 2.5% |
Segment operating income is the profit measure Home Depot reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Home Depot more safely than against another company.
What Does Home Depot Sell?
Home Depot also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.
| Product or service | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Product | $159 billion | $154 billion | 96.6% | 3.5% |
| Service | $5.7 billion | $5.8 billion | 3.4% | -3.2% |
Where Does Home Depot's Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
|---|---|---|---|---|
| United States | $152 billion | $147 billion | 92.4% | 3.5% |
| Outside the United States | $12.5 billion | $12.5 billion | 7.6% | 0.0% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Home Depot's reported revenue for fiscal 2026; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Home Depot reported in the segment note and revenue disclosures of its Form 10-K filed March 18, 2026 (accession 0001628280-26-019436), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2026; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Home Depot's business segments?
In its fiscal 2026 Form 10-K, Home Depot reports revenue for Primary and All Other.
Which part of Home Depot brings in the most revenue?
Primary, with $152 billion of revenue in fiscal 2026, or 92% of the total.
How much of Home Depot's revenue comes from outside the United States?
8% in fiscal 2026, by the geographic breakdown Home Depot reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.