Walmart Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Quarter Ended	2024-01-31	2023-10-31	2023-07-31	2023-04-30	2023-01-31	2022-10-31	2022-07-31	2022-04-30	2022-01-31	2021-10-31	2021-07-31	2021-04-30	2021-01-31	2020-10-31	2020-07-31	2020-04-30	2020-01-31	2019-10-31	2019-07-31	2019-04-30	2019-01-31	2018-10-31	2018-07-31	2018-04-30	2018-01-31	2017-10-31	2017-07-31	2017-04-30	2017-01-31	2016-10-31	2016-07-31	2016-04-30	2016-01-31	2015-10-31	2015-07-31	2015-04-30	2015-01-31	2014-10-31	2014-07-31	2014-04-30	+80 Quarters
Revenue	173,388	160,804	161,632	152,301	164,048	152,813	152,859	141,569	152,871	140,525	141,048	138,310	152,079	134,708	137,742	134,622	141,671	127,991	130,377	123,925	138,793	124,894	128,028	122,690	136,267	123,179	123,355	117,542	130,936	118,179	120,854	115,904	129,667	117,408	120,229	114,826	131,565	119,001	120,125	114,960	Upgrade
Revenue Growth (YoY)	5.69%	5.23%	5.74%	7.58%	7.31%	8.74%	8.37%	2.36%	0.52%	4.32%	2.40%	2.74%	7.35%	5.25%	5.65%	8.63%	2.07%	2.48%	1.83%	1.01%	1.85%	1.39%	3.79%	4.38%	4.07%	4.23%	2.07%	1.41%	0.98%	0.66%	0.52%	0.94%	-1.44%	-1.34%	0.09%	-0.12%	1.43%	2.86%	2.82%	0.78%	Upgrade
Cost of Revenue	131,825	121,183	121,850	115,284	125,423	115,613	115,838	106,847	115,522	105,023	105,183	103,272	115,261	100,339	102,689	102,026	107,748	95,900	97,923	93,034	104,907	93,116	95,571	91,707	102,640	91,547	91,521	87,688	97,743	87,484	89,485	86,544	96,999	87,446	90,056	86,483	99,115	89,247	90,010	86,714	Upgrade
Gross Profit	41,563	39,621	39,782	37,017	38,625	37,200	37,021	34,722	37,349	35,502	35,865	35,038	36,818	34,369	35,053	32,596	33,923	32,091	32,454	30,891	33,886	31,778	32,457	30,983	33,627	31,632	31,834	29,854	33,193	30,695	31,369	29,360	32,668	29,962	30,173	28,343	32,450	29,754	30,115	28,246	Upgrade
Selling, General & Admin	34,309	33,419	32,466	30,777	33,064	34,505	30,167	29,404	31,462	29,710	28,511	28,129	31,331	28,591	28,994	27,372	28,601	27,373	26,871	25,946	27,819	26,792	26,707	25,829	29,160	26,868	25,865	24,617	26,988	25,576	25,204	24,085	26,026	24,248	24,104	22,663	24,501	23,489	23,375	22,053	Upgrade
Operating Expenses	34,309	33,419	32,466	30,777	33,064	34,505	30,167	29,404	31,462	29,710	28,511	28,129	31,331	28,591	28,994	27,372	28,601	27,373	26,871	25,946	27,819	26,792	26,707	25,829	29,160	26,868	25,865	24,617	26,988	25,576	25,204	24,085	26,026	24,248	24,104	22,663	24,501	23,489	23,375	22,053	Upgrade
Operating Income	7,254	6,202	7,316	6,240	5,561	2,695	6,854	5,318	5,887	5,792	7,354	6,909	5,487	5,778	6,059	5,224	5,322	4,718	5,583	4,945	6,067	4,986	5,750	5,154	4,467	4,764	5,969	5,237	6,205	5,119	6,165	5,275	6,642	5,714	6,069	5,680	7,949	6,265	6,740	6,193	Upgrade
Interest Expense / Income	695	682	642	664	610	584	479	455	427	486	515	566	524	541	658	592	652	633	641	673	669	593	554	530	536	583	613	598	585	609	588	585	565	573	567	843	623	676	570	592	Upgrade
Other Expense / Income	-775	4,795	-3,891	3,111	-4,417	3,573	-271	2,011	749	1,186	1,004	2,580	5,639	-1,812	-3,282	-680	-850	-255	99	-821	-140	1,924	4,932	1,944	1,155	1,457	955	78	199	144	94	113	157	89	136	-77	185	95	-36	94	Upgrade
Pretax Income	7,334	725	10,565	2,465	9,368	-1,462	6,646	2,852	4,711	4,120	5,835	3,763	-676	7,049	8,683	5,312	5,520	4,340	4,843	5,093	5,538	2,469	264	2,680	2,776	2,724	4,401	4,561	5,421	4,366	5,483	4,577	5,920	5,052	5,366	4,914	7,141	5,494	6,206	5,507	Upgrade
Income Tax	1,840	272	2,674	792	3,093	336	1,497	798	1,149	1,015	1,559	1,033	1,415	1,914	2,207	1,322	1,379	1,052	1,233	1,251	1,851	759	1,125	546	601	975	1,502	1,522	1,664	1,332	1,710	1,498	1,346	1,748	1,891	1,573	2,175	1,783	2,113	1,914	Upgrade
Net Income	5,494	453	7,891	1,673	6,275	-1,798	5,149	2,054	3,562	3,105	4,276	2,730	-2,091	5,135	6,476	3,990	4,141	3,288	3,610	3,842	3,687	1,710	-861	2,134	2,175	1,749	2,899	3,039	3,757	3,034	3,773	3,079	4,574	3,304	3,475	3,341	4,966	3,711	4,093	3,593	Upgrade
Net Income Growth	-12.45%	-	53.25%	-18.55%	76.17%	-	20.42%	-24.76%	-	-39.53%	-33.97%	-31.58%	-	56.17%	79.39%	3.85%	12.31%	92.28%	-	80.04%	69.52%	-2.23%	-	-29.78%	-42.11%	-42.35%	-23.16%	-1.30%	-17.86%	-8.17%	8.58%	-7.84%	-7.89%	-10.97%	-15.10%	-7.01%	12.07%	-0.72%	0.59%	-5.05%	Upgrade
Shares Outstanding (Basic)	8,071	8,079	8,079	8,082	8,087	8,133	8,208	8,262	8,313	8,355	8,397	8,445	8,484	8,499	8,496	8,493	8,505	8,529	8,559	8,607	8,688	8,772	8,838	8,850	8,868	8,943	9,024	9,105	9,186	9,267	9,327	9,432	9,495	9,630	9,663	9,693	9,681	9,687	9,690	9,699	Upgrade
Shares Outstanding (Diluted)	8,105	8,109	8,109	8,112	8,121	8,133	8,235	8,295	8,343	8,391	8,436	8,487	8,523	8,547	8,544	8,547	8,568	8,583	8,607	8,658	8,736	8,823	8,838	8,901	8,931	8,988	9,063	9,141	9,228	9,300	9,357	9,462	9,525	9,657	9,693	9,729	9,729	9,720	9,723	9,744	Upgrade
Shares Change	-0.20%	-0.30%	-1.53%	-2.21%	-2.66%	-3.07%	-2.38%	-2.26%	-2.11%	-1.83%	-1.26%	-0.70%	-0.53%	-0.42%	-0.73%	-1.28%	-1.92%	-2.72%	-2.61%	-2.73%	-2.18%	-1.84%	-2.48%	-2.63%	-3.22%	-3.35%	-3.14%	-3.39%	-3.12%	-3.70%	-3.47%	-2.74%	-2.10%	-0.65%	-0.31%	-0.15%	-0.31%	-0.95%	-1.52%	-2.11%	Upgrade
EPS (Basic)	0.68	0.06	0.98	0.21	0.77	-0.22	0.63	0.25	0.43	0.37	0.51	0.32	-0.25	0.60	0.76	0.47	0.49	0.39	0.42	0.45	0.42	0.19	-0.10	0.24	0.24	0.20	0.32	0.33	0.41	0.33	0.40	0.33	0.48	0.34	0.36	0.34	0.51	0.38	0.42	0.37	Upgrade
EPS (Diluted)	0.67	0.06	0.97	0.21	0.76	-0.22	0.63	0.25	0.42	0.37	0.51	0.32	-0.24	0.60	0.76	0.47	0.48	0.38	0.42	0.44	0.42	0.19	-0.10	0.24	0.25	0.19	0.32	0.33	0.41	0.33	0.40	0.33	0.48	0.34	0.36	0.34	0.51	0.38	0.42	0.37	Upgrade
EPS Growth	-11.80%	-	55.18%	-16.19%	80.38%	-	23.67%	-23.53%	-	-38.33%	-33.03%	-30.84%	-	56.66%	80.24%	5.42%	15.83%	98.45%	-	84.58%	68.83%	0%	-	-27.93%	-39.31%	-40.98%	-20.60%	1.83%	-15.21%	-4.66%	11.94%	-4.66%	-6.43%	-10.44%	-14.29%	-7.30%	13.25%	0.79%	1.69%	-2.63%	Upgrade
Free Cash Flow	10,867	-4,615	8,867	251	8,391	1,943	9,082	-7,262	3,476	413	6,864	716	9,484	1,071	10,145	5,325	7,879	550	5,042	1,400	7,326	3,584	3,477	3,541	8,211	3,304	3,558	3,591	8,405	2,533	6,499	4,073	9,566	1,799	3,034	2,311	9,274	809	3,047	3,830	Upgrade
Free Cash Flow Per Share	1.35	-0.57	1.10	0.03	1.04	0.24	1.11	-0.88	0.42	0.05	0.82	0.09	1.12	0.13	1.19	0.63	0.93	0.06	0.59	0.16	0.84	0.41	0.39	0.40	0.93	0.37	0.39	0.39	0.92	0.27	0.70	0.43	1.01	0.19	0.31	0.24	0.96	0.08	0.31	0.40	Upgrade
Dividend Per Share	0.190	0.190	0.190	0.190	0.187	0.187	0.187	0.187	0.183	0.183	0.183	0.183	0.180	0.180	0.180	0.180	0.177	0.177	0.177	0.177	0.173	0.173	0.173	0.173	0.170	0.170	0.170	0.170	0.167	0.167	0.167	0.167	0.163	0.163	0.163	0.163	0.160	0.160	0.160	0.160	Upgrade
Dividend Growth	1.60%	1.60%	1.60%	1.60%	2.19%	2.19%	2.19%	2.19%	1.67%	1.67%	1.67%	1.67%	1.69%	1.69%	1.69%	1.69%	2.31%	2.31%	2.31%	2.31%	1.76%	1.76%	1.76%	1.76%	1.80%	1.80%	1.80%	1.80%	2.45%	2.45%	2.45%	2.45%	1.88%	1.88%	1.88%	1.88%	1.91%	1.91%	1.91%	1.91%	Upgrade
Gross Margin	23.97%	24.64%	24.61%	24.31%	23.54%	24.34%	24.22%	24.53%	24.43%	25.26%	25.43%	25.33%	24.21%	25.51%	25.45%	24.21%	23.94%	25.07%	24.89%	24.93%	24.41%	25.44%	25.35%	25.25%	24.68%	25.68%	25.81%	25.40%	25.35%	25.97%	25.96%	25.33%	25.19%	25.52%	25.10%	24.68%	24.66%	25.00%	25.07%	24.57%	Upgrade
Operating Margin	4.18%	3.86%	4.53%	4.10%	3.39%	1.76%	4.48%	3.76%	3.85%	4.12%	5.21%	5.00%	3.61%	4.29%	4.40%	3.88%	3.76%	3.69%	4.28%	3.99%	4.37%	3.99%	4.49%	4.20%	3.28%	3.87%	4.84%	4.46%	4.74%	4.33%	5.10%	4.55%	5.12%	4.87%	5.05%	4.95%	6.04%	5.26%	5.61%	5.39%	Upgrade
Profit Margin	3.17%	0.28%	4.88%	1.10%	3.83%	-1.18%	3.37%	1.45%	2.33%	2.21%	3.03%	1.97%	-1.37%	3.81%	4.70%	2.96%	2.92%	2.57%	2.77%	3.10%	2.66%	1.37%	-0.67%	1.74%	1.60%	1.42%	2.35%	2.59%	2.87%	2.57%	3.12%	2.66%	3.53%	2.81%	2.89%	2.91%	3.77%	3.12%	3.41%	3.13%	Upgrade
Free Cash Flow Margin	6.27%	-2.87%	5.49%	0.16%	5.11%	1.27%	5.94%	-5.13%	2.27%	0.29%	4.87%	0.52%	6.24%	0.80%	7.37%	3.96%	5.56%	0.43%	3.87%	1.13%	5.28%	2.87%	2.72%	2.89%	6.03%	2.68%	2.88%	3.06%	6.42%	2.14%	5.38%	3.51%	7.38%	1.53%	2.52%	2.01%	7.05%	0.68%	2.54%	3.33%	Upgrade
Effective Tax Rate	25.09%	37.52%	25.31%	32.13%	33.02%	-	22.52%	27.98%	24.39%	24.64%	26.72%	27.45%	-	27.15%	25.42%	24.89%	24.98%	24.24%	25.46%	24.56%	33.42%	30.74%	426.14%	20.37%	21.65%	35.79%	34.13%	33.37%	30.70%	30.51%	31.19%	32.73%	22.74%	34.60%	35.24%	32.01%	30.46%	32.45%	34.05%	34.76%	Upgrade
EBITDA	11,146	4,393	14,112	5,974	12,789	1,877	9,824	5,987	7,844	7,256	8,991	6,990	2,667	10,361	12,112	8,695	9,000	7,696	8,206	8,480	8,938	5,677	3,472	5,888	6,014	5,965	7,632	7,710	8,712	7,444	8,588	7,550	8,916	7,990	8,272	8,076	10,056	8,524	9,053	8,349	Upgrade
EBITDA Margin	6.43%	2.73%	8.73%	3.92%	7.80%	1.23%	6.43%	4.23%	5.13%	5.16%	6.37%	5.05%	1.75%	7.69%	8.79%	6.46%	6.35%	6.01%	6.29%	6.84%	6.44%	4.55%	2.71%	4.80%	4.41%	4.84%	6.19%	6.56%	6.65%	6.30%	7.11%	6.51%	6.88%	6.81%	6.88%	7.03%	7.64%	7.16%	7.54%	7.26%	Upgrade
Depreciation & Amortization	3,117	2,986	2,905	2,845	2,811	2,755	2,699	2,680	2,706	2,650	2,641	2,661	2,819	2,771	2,771	2,791	2,828	2,723	2,722	2,714	2,731	2,615	2,654	2,678	2,702	2,658	2,618	2,551	2,706	2,469	2,517	2,388	2,431	2,365	2,339	2,319	2,292	2,354	2,277	2,250	Upgrade
EBIT	8,029	1,407	11,207	3,129	9,978	-878	7,125	3,307	5,138	4,606	6,350	4,329	-152	7,590	9,341	5,904	6,172	4,973	5,484	5,766	6,207	3,062	818	3,210	3,312	3,307	5,014	5,159	6,006	4,975	6,071	5,162	6,485	5,625	5,933	5,757	7,764	6,170	6,776	6,099	Upgrade
EBIT Margin	4.63%	0.87%	6.93%	2.05%	6.08%	-0.57%	4.66%	2.34%	3.36%	3.28%	4.50%	3.13%	-0.10%	5.63%	6.78%	4.39%	4.36%	3.89%	4.21%	4.65%	4.47%	2.45%	0.64%	2.62%	2.43%	2.68%	4.06%	4.39%	4.59%	4.21%	5.02%	4.45%	5.00%	4.79%	4.93%	5.01%	5.90%	5.18%	5.64%	5.31%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).