WMT
Walmart Inc.
Stock
$108.73+0.75 (+0.69%)Close Sep 28, 2026
Income statement
| Line | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $735.8B | $713.2B | $681.0B | $648.1B | $611.3B | $572.8B | $559.2B | $524.0B | $514.4B | $500.3B | $485.9B | $482.1B | $485.7B | $476.3B | $468.7B | $446.5B | $421.8B | $408.1B | $404.3B | $377.0B |
| Cost of revenue | $550.2B | $535.4B | $511.8B | $490.1B | $463.7B | $429.0B | $420.3B | $394.6B | $385.3B | $373.4B | $361.3B | $361.0B | $365.1B | $358.1B | $352.3B | $335.0B | $314.9B | $304.1B | $303.9B | $284.1B |
| Gross profit | $185.7B | $177.8B | $169.2B | $158.0B | $147.6B | $143.8B | $138.8B | $129.4B | $129.1B | $126.9B | $124.6B | $121.1B | $120.6B | $118.2B | $116.4B | $111.5B | $106.9B | $104.0B | $100.3B | $92.9B |
| SG&A | $153.4B | $147.9B | $139.9B | $131.0B | $127.1B | $117.8B | $116.3B | $108.8B | $107.1B | $106.5B | $101.9B | $97.0B | $93.4B | $91.4B | $88.6B | $85.0B | $81.4B | $80.0B | $77.5B | $70.9B |
| Operating income | $32.3B | $29.8B | $29.3B | $27.0B | $20.4B | $25.9B | $22.5B | $20.6B | $22.0B | $20.4B | $22.8B | $24.1B | $27.1B | $26.9B | $27.7B | $26.5B | $25.5B | $24.0B | $22.8B | $22.0B |
| Non-operating income | −$3.0B | −$356M | −$3.0B | −$5.2B | −$3.4B | −$7.2B | −$2.0B | −$452M | −$10.5B | −$5.3B | −$2.3B | −$2.5B | −$2.3B | −$2.2B | −$2.1B | −$2.2B | −$2.0B | −$1.9B | −$1.9B | −$1.8B |
| Pretax income | $29.3B | $29.5B | $26.3B | $21.8B | $17.0B | $18.7B | $20.6B | $20.1B | $11.5B | $15.1B | $20.5B | $21.6B | $24.8B | $24.7B | $25.7B | $24.3B | $23.5B | $22.1B | $20.9B | $20.2B |
| Taxes | $7.2B | $7.6B | $6.9B | $6.3B | $5.3B | $5.0B | $7.1B | $5.2B | $4.8B | $5.3B | $6.9B | $6.9B | $8.4B | $8.6B | $8.7B | $8.6B | $7.1B | $7.7B | $7.5B | $7.4B |
| Net income | $22.1B | $21.9B | $19.4B | $15.5B | $11.7B | $13.7B | $13.5B | $14.9B | $6.7B | $9.9B | $13.6B | $14.7B | $16.4B | $16.0B | $17.0B | $15.7B | $16.4B | $14.4B | $13.4B | $12.7B |
| Diluted EPS | $2.77 | $2.73 | $2.41 | $1.91 | $1.42 | $1.62 | $1.58 | $1.73 | $0.75 | $1.09 | $1.46 | $1.52 | $1.68 | $1.63 | $1.67 | $1.51 | $1.49 | $1.24 | $1.13 | $1.04 |
| Diluted shares | — | 8.02B | 8.08B | 8.11B | 8.20B | 8.42B | 8.54B | 8.60B | 8.84B | 9.03B | 9.34B | 9.65B | 9.73B | 9.85B | 10.17B | 10.42B | 11.01B | 11.63B | 11.85B | 12.22B |
| Revenue growth | — | +4.7% | +5.1% | +6.0% | +6.7% | +2.4% | +6.7% | +1.9% | +2.8% | +3.0% | +0.8% | −0.7% | +2.0% | +1.6% | +5.0% | +5.8% | +3.4% | +0.9% | +7.2% | — |
| Gross margin | 25.2% | 24.9% | 24.9% | 24.4% | 24.1% | 25.1% | 24.8% | 24.7% | 25.1% | 25.4% | 25.6% | 25.1% | 24.8% | 24.8% | 24.8% | 25.0% | 25.3% | 25.5% | 24.8% | 24.6% |
| Operating margin | 4.4% | 4.2% | 4.3% | 4.2% | 3.3% | 4.5% | 4.0% | 3.9% | 4.3% | 4.1% | 4.7% | 5.0% | 5.6% | 5.6% | 5.9% | 5.9% | 6.1% | 5.9% | 5.6% | 5.8% |
| Net margin | 3.0% | 3.1% | 2.9% | 2.4% | 1.9% | 2.4% | 2.4% | 2.8% | 1.3% | 2.0% | 2.8% | 3.0% | 3.4% | 3.4% | 3.6% | 3.5% | 3.9% | 3.5% | 3.3% | 3.4% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.