Walmart Inc. (WMT)
NASDAQ: WMT · Real-Time Price · USD
122.99
-1.88 (-1.51%)
At close: Feb 20, 2026, 4:00 PM EST
122.92
-0.07 (-0.06%)
After-hours: Feb 20, 2026, 7:59 PM EST
Walmart Income Statement
Financials in millions USD. Fiscal year is February - January.
Millions USD. Fiscal year is Feb - Jan.
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 | Jul '21 Jul 31, 2021 | Apr '21 Apr 30, 2021 |
| 190,656 | 179,496 | 177,402 | 165,609 | 180,554 | 169,588 | 169,335 | 161,508 | 173,388 | 160,804 | 161,632 | 152,301 | 164,048 | 152,813 | 152,859 | 141,569 | 152,871 | 140,525 | 141,048 | 138,310 | |
Revenue Growth (YoY) | 5.59% | 5.84% | 4.76% | 2.54% | 4.13% | 5.46% | 4.77% | 6.04% | 5.69% | 5.23% | 5.74% | 7.58% | 7.31% | 8.74% | 8.37% | 2.36% | 0.52% | 4.32% | 2.40% | 2.74% |
Cost of Revenue | 143,615 | 134,706 | 132,671 | 124,303 | 136,172 | 127,340 | 126,810 | 121,431 | 131,825 | 121,183 | 121,850 | 115,284 | 125,423 | 115,613 | 115,838 | 106,847 | 115,522 | 105,023 | 105,183 | 103,272 |
Gross Profit | 47,041 | 44,790 | 44,731 | 41,306 | 44,382 | 42,248 | 42,525 | 40,077 | 41,563 | 39,621 | 39,782 | 37,017 | 38,625 | 37,200 | 37,021 | 34,722 | 37,349 | 35,502 | 35,865 | 35,038 |
Selling, General & Admin | 38,333 | 38,094 | 36,945 | 34,171 | 36,922 | 35,540 | 34,585 | 33,236 | 34,309 | 33,419 | 32,466 | 30,777 | 32,264 | 31,205 | 30,167 | 29,404 | 28,962 | 29,710 | 28,511 | 28,129 |
Operating Expenses | 38,333 | 38,094 | 36,945 | 34,171 | 36,922 | 35,540 | 34,585 | 33,236 | 34,309 | 33,419 | 32,466 | 30,777 | 32,264 | 31,205 | 30,167 | 29,404 | 28,962 | 29,710 | 28,511 | 28,129 |
Operating Income | 8,708 | 6,696 | 7,786 | 7,135 | 7,460 | 6,708 | 7,940 | 6,841 | 7,254 | 6,202 | 7,316 | 6,240 | 6,361 | 5,995 | 6,854 | 5,318 | 8,387 | 5,792 | 7,354 | 6,909 |
Interest Expense | -709 | -684 | -769 | -637 | -717 | -618 | -679 | -714 | -695 | -682 | -642 | -664 | -610 | -584 | -479 | -455 | -427 | -486 | -515 | -566 |
Interest & Investment Income | 88 | 93 | 94 | 93 | 115 | 140 | 114 | 114 | 146 | 145 | 148 | 107 | 303 | 84 | 31 | 36 | 47 | 44 | 37 | 30 |
Other Non Operating Income (Expenses) | -2,117 | 4,181 | 2,708 | -46 | 152 | -32 | -1,162 | 155 | 585 | -4,750 | 705 | 67 | -680 | -26 | -562 | -9 | 1,715 | 1,207 | -953 | -19 |
EBT Excluding Unusual Items | 5,970 | 10,286 | 9,819 | 6,545 | 7,010 | 6,198 | 6,213 | 6,396 | 7,290 | 915 | 7,527 | 5,750 | 5,374 | 5,469 | 5,844 | 4,890 | 9,722 | 6,557 | 5,923 | 6,354 |
Merger & Restructuring Charges | - | - | -100 | - | 300 | - | - | - | - | - | - | - | -800 | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | -2,100 | - | -551 | -446 | -100 | - | 639 | 228 | - | 3,200 | -3,062 | 4,328 | -3,600 | 800 | -1,989 | -2,440 | - | - | -2,077 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -433 |
Legal Settlements | - | - | -400 | - | 99 | - | - | - | - | - | - | - | - | -3,300 | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,500 | -2,410 | - | - |
Pretax Income | 5,970 | 8,186 | 9,319 | 5,994 | 6,963 | 6,098 | 6,213 | 7,035 | 7,518 | 915 | 10,727 | 2,688 | 8,902 | -1,431 | 6,644 | 2,901 | 4,782 | 4,147 | 5,923 | 3,844 |
Income Tax Expense | 1,578 | 2,098 | 2,168 | 1,355 | 1,538 | 1,384 | 1,502 | 1,728 | 1,840 | 272 | 2,674 | 792 | 3,093 | 336 | 1,497 | 798 | 1,149 | 1,015 | 1,559 | 1,033 |
Earnings From Continuing Operations | 4,392 | 6,088 | 7,151 | 4,639 | 5,425 | 4,714 | 4,711 | 5,307 | 5,678 | 643 | 8,053 | 1,896 | 5,809 | -1,767 | 5,147 | 2,103 | 3,633 | 3,132 | 4,364 | 2,811 |
Minority Interest in Earnings | -155 | 55 | -125 | -152 | -171 | -137 | -210 | -203 | -184 | -190 | -162 | -223 | 466 | -31 | 2 | -49 | -71 | -27 | -88 | -81 |
Net Income | 4,237 | 6,143 | 7,026 | 4,487 | 5,254 | 4,577 | 4,501 | 5,104 | 5,494 | 453 | 7,891 | 1,673 | 6,275 | -1,798 | 5,149 | 2,054 | 3,562 | 3,105 | 4,276 | 2,730 |
Net Income to Common | 4,237 | 6,143 | 7,026 | 4,487 | 5,254 | 4,577 | 4,501 | 5,104 | 5,494 | 453 | 7,891 | 1,673 | 6,275 | -1,798 | 5,149 | 2,054 | 3,562 | 3,105 | 4,276 | 2,730 |
Net Income Growth | -19.36% | 34.22% | 56.10% | -12.09% | -4.37% | 910.38% | -42.96% | 205.08% | -12.45% | - | 53.25% | -18.55% | 76.17% | - | 20.42% | -24.76% | - | -39.53% | -33.97% | -31.58% |
Shares Outstanding (Basic) | 7,971 | 7,974 | 7,978 | 8,011 | 8,029 | 8,038 | 8,044 | 8,053 | 8,070 | 8,078 | 8,079 | 8,082 | 8,088 | 8,133 | 8,208 | 8,262 | 8,307 | 8,355 | 8,397 | 8,445 |
Shares Outstanding (Diluted) | 8,009 | 8,011 | 8,016 | 8,051 | 8,078 | 8,082 | 8,081 | 8,084 | 8,103 | 8,110 | 8,108 | 8,112 | 8,121 | 8,133 | 8,235 | 8,295 | 8,346 | 8,391 | 8,436 | 8,487 |
Shares Change (YoY) | -0.85% | -0.88% | -0.80% | -0.41% | -0.31% | -0.34% | -0.33% | -0.34% | -0.22% | -0.28% | -1.54% | -2.21% | -2.70% | -3.08% | -2.38% | -2.26% | -1.56% | -1.82% | -1.26% | -0.70% |
EPS (Basic) | 0.53 | 0.77 | 0.88 | 0.56 | 0.65 | 0.57 | 0.56 | 0.63 | 0.68 | 0.06 | 0.98 | 0.21 | 0.78 | -0.22 | 0.63 | 0.25 | 0.43 | 0.37 | 0.51 | 0.32 |
EPS (Diluted) | 0.53 | 0.77 | 0.88 | 0.56 | 0.65 | 0.57 | 0.56 | 0.63 | 0.67 | 0.06 | 0.97 | 0.21 | 0.77 | -0.22 | 0.63 | 0.25 | 0.43 | 0.37 | 0.51 | 0.32 |
EPS Growth | -19.01% | 35.23% | 57.27% | -11.11% | -2.35% | 915.41% | -42.32% | 204.34% | -12.83% | - | 54.78% | -16.09% | 80.16% | - | 23.68% | -23.69% | - | -38.33% | -33.04% | -30.73% |
Free Cash Flow | 6,098 | 1,882 | 6,518 | 425 | 6,438 | 372 | 6,277 | -427 | 10,780 | -4,645 | 8,781 | 204 | 8,347 | 1,889 | 9,045 | -7,297 | 3,372 | 299 | 6,760 | 644 |
Free Cash Flow Per Share | 0.76 | 0.23 | 0.81 | 0.05 | 0.80 | 0.05 | 0.78 | -0.05 | 1.33 | -0.57 | 1.08 | 0.03 | 1.03 | 0.23 | 1.10 | -0.88 | 0.40 | 0.04 | 0.80 | 0.08 |
Dividend Per Share | 0.235 | 0.235 | 0.235 | 0.235 | 0.207 | 0.207 | 0.207 | 0.207 | 0.190 | 0.190 | 0.190 | 0.190 | 0.187 | 0.187 | 0.187 | 0.187 | 0.183 | 0.183 | 0.183 | 0.183 |
Dividend Growth | 13.25% | 13.25% | 13.25% | 13.25% | 9.21% | 9.21% | 9.21% | 9.21% | 1.77% | 1.77% | 1.77% | 1.77% | 1.85% | 1.85% | 1.85% | 1.85% | 1.83% | 1.83% | 1.83% | 1.83% |
Gross Margin | 24.67% | 24.95% | 25.21% | 24.94% | 24.58% | 24.91% | 25.11% | 24.81% | 23.97% | 24.64% | 24.61% | 24.30% | 23.54% | 24.34% | 24.22% | 24.53% | 24.43% | 25.26% | 25.43% | 25.33% |
Operating Margin | 4.57% | 3.73% | 4.39% | 4.31% | 4.13% | 3.96% | 4.69% | 4.24% | 4.18% | 3.86% | 4.53% | 4.10% | 3.88% | 3.92% | 4.48% | 3.76% | 5.49% | 4.12% | 5.21% | 5.00% |
Profit Margin | 2.22% | 3.42% | 3.96% | 2.71% | 2.91% | 2.70% | 2.66% | 3.16% | 3.17% | 0.28% | 4.88% | 1.10% | 3.82% | -1.18% | 3.37% | 1.45% | 2.33% | 2.21% | 3.03% | 1.97% |
Free Cash Flow Margin | 3.20% | 1.05% | 3.67% | 0.26% | 3.57% | 0.22% | 3.71% | -0.26% | 6.22% | -2.89% | 5.43% | 0.13% | 5.09% | 1.24% | 5.92% | -5.15% | 2.21% | 0.21% | 4.79% | 0.47% |
EBITDA | 12,449 | 10,302 | 11,273 | 10,504 | 10,834 | 9,968 | 11,151 | 9,969 | 10,371 | 9,188 | 10,221 | 9,085 | 9,172 | 8,750 | 9,553 | 7,998 | 11,093 | 8,442 | 9,995 | 9,570 |
EBITDA Margin | 6.53% | 5.74% | 6.35% | 6.34% | 6.00% | 5.88% | 6.59% | 6.17% | 5.98% | 5.71% | 6.32% | 5.96% | 5.59% | 5.73% | 6.25% | 5.65% | 7.26% | 6.01% | 7.09% | 6.92% |
D&A For EBITDA | 3,741 | 3,606 | 3,487 | 3,369 | 3,374 | 3,260 | 3,211 | 3,128 | 3,117 | 2,986 | 2,905 | 2,845 | 2,811 | 2,755 | 2,699 | 2,680 | 2,706 | 2,650 | 2,641 | 2,661 |
EBIT | 8,708 | 6,696 | 7,786 | 7,135 | 7,460 | 6,708 | 7,940 | 6,841 | 7,254 | 6,202 | 7,316 | 6,240 | 6,361 | 5,995 | 6,854 | 5,318 | 8,387 | 5,792 | 7,354 | 6,909 |
EBIT Margin | 4.57% | 3.73% | 4.39% | 4.31% | 4.13% | 3.96% | 4.69% | 4.24% | 4.18% | 3.86% | 4.53% | 4.10% | 3.88% | 3.92% | 4.48% | 3.76% | 5.49% | 4.12% | 5.21% | 5.00% |
Effective Tax Rate | 26.43% | 25.63% | 23.26% | 22.61% | 22.09% | 22.70% | 24.18% | 24.56% | 24.47% | 29.73% | 24.93% | 29.46% | 34.74% | - | 22.53% | 27.51% | 24.03% | 24.48% | 26.32% | 26.87% |
Revenue as Reported | 190,656 | 179,496 | 177,402 | 165,609 | 180,554 | 169,588 | 169,335 | 161,508 | 173,388 | 160,804 | 161,632 | 152,301 | 164,048 | 152,813 | 152,859 | 141,569 | 152,871 | 140,525 | 141,048 | 138,310 |
Updated Jan 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.