Costco Wholesale Corporation (ETR:CTO)

Costco Wholesale Income Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Sep 1, 2024	Sep 3, 2023	Aug 28, 2022	Aug 29, 2021
Revenue	275,235	254,453	242,290	226,954	195,929
Revenue Growth (YoY)	8.17%	5.02%	6.76%	15.83%	17.49%
Cost of Revenue	239,886	222,358	212,586	199,382	170,684
Gross Profit	35,349	32,095	29,704	27,572	25,245
Selling, General & Admin	24,966	22,810	21,590	19,779	18,537
Operating Income	10,383	9,285	8,114	7,793	6,708
Interest Income	589	624	533	205	143
Interest Expense	-154	-169	-160	-158	-171
Total Non-Operating Income (Expense)	435	455	373	47	-28
Pretax Income	10,818	9,740	8,487	7,840	6,680
Provision for Income Taxes	2,719	2,373	2,195	1,925	1,601
Net Income	8,099	7,367	6,292	5,844	5,007
Minority Interest in Earnings	-	-	-	71	72
Net Income to Common	8,099	7,367	6,292	5,844	5,007
Net Income Growth	9.94%	17.09%	7.67%	16.72%	25.11%
Shares Outstanding (Basic)	444	444	444	444	443
Shares Outstanding (Diluted)	445	445	444	445	444
Shares Change (YoY)	0.01%	0.07%	-0.07%	0.09%	0.10%
EPS (Basic)	18.24	16.59	14.18	13.17	11.30
EPS (Diluted)	18.21	16.56	14.16	13.14	11.27
EPS Growth	9.96%	16.95%	7.76%	16.59%	24.95%
Free Cash Flow	7,837	6,629	6,745	3,501	5,370
Free Cash Flow Growth	18.22%	-1.72%	92.66%	-34.80%	-11.25%
Free Cash Flow Per Share	17.62	14.90	15.18	7.87	12.09
Dividends Per Share	4.920	4.360	3.840	3.380	2.980
Dividend Growth	12.84%	13.54%	13.61%	13.42%	10.37%
Gross Margin	12.84%	12.61%	12.26%	12.15%	12.88%
Operating Margin	3.77%	3.65%	3.35%	3.43%	3.42%
Profit Margin	2.94%	2.90%	2.60%	2.61%	2.59%
FCF Margin	2.85%	2.61%	2.78%	1.54%	2.74%
EBITDA	13,112	11,837	10,603	10,070	8,775
EBITDA Margin	4.76%	4.65%	4.38%	4.44%	4.48%
EBIT	10,383	9,285	8,114	7,793	6,708
EBIT Margin	3.77%	3.65%	3.35%	3.43%	3.42%
Effective Tax Rate	25.13%	24.36%	25.86%	24.55%	23.97%

Updated Aug 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.