---
title: "Lowe's: Business Model & Revenue Engine"
description: "Lowe's revenue by region from its fiscal 2026 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/lowes/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Lowe's: Business Model & Revenue Engine

## Direct Answer

Lowe's reports revenue across 2 geographic regions in its fiscal 2026 Form 10-K. United States is the largest, with $86.2 billion of revenue (100% of the total), followed by Canada at $61 million (0%). 100% of revenue came from the United States.

## How Does Lowe's Make Money?

United States supplies 100% of revenue, so Lowe's's results move mostly with that one region; the others matter more for diversification than for the headline number.

| Region | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| United States | $86.2 billion | $83.7 billion | 99.9% | 3.0% |
| Canada | $61 million | $0 | 0.1% | n/a |

![Bar chart of Lowe's revenue by region for fiscal 2026: United States 99.9%, Canada 0.1%.](https://www.getswoopr.com/images/charts/lowes-business-model-segment-mix.webp)
*Lowe's revenue by region as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## What the Segment Figures Do Not Show

The rows above add up to 100% of Lowe's'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 Lowe's reported in the segment note and revenue disclosures of its Form 10-K filed March 23, 2026 (accession 0000060667-26-000029), 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 Lowe's's main regions?

In its fiscal 2026 Form 10-K, Lowe's reports revenue for United States and Canada.

### Which part of Lowe's brings in the most revenue?

United States, with $86.2 billion of revenue in fiscal 2026, or 100% of the total.

### How much of Lowe's's revenue comes from outside the United States?

0% in fiscal 2026, by the geographic breakdown Lowe's 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.

## References

- [SEC EDGAR: LOWES COMPANIES INC Form 10-K filed March 23, 2026](https://www.sec.gov/Archives/edgar/data/60667/000006066726000029/low-20260130.htm)
- [SEC EDGAR: LOWES COMPANIES INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=60667&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Lowe's company dossier](https://www.getswoopr.com/stocks/companies/lowes/)
- [Lowe's financial metrics](https://www.getswoopr.com/stocks/companies/lowes/metrics/)
- [Lowe's financial risk indicators](https://www.getswoopr.com/stocks/companies/lowes/risks/)
- [Lowe's peer comparison](https://www.getswoopr.com/stocks/companies/lowes/competitors/)
- [Lowe's business model and revenue mix](https://www.getswoopr.com/stocks/companies/lowes/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).