Walmart Inc.

Consumer Defensive · Discount Stores

106.80$ -0.7% vs. previous close Closing price · As of: Sep 17, 2026

Statements

Income Statement

Walmart Inc. (WMT) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2026), "Revenue" came in at 713,163 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement WMT
Line item	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	106,146	119,299	139,208	166,809	193,295	205,823	246,525	258,681	284,310	312,101	348,650	377,023	404,254	408,085	421,849	446,509	468,651	476,294	485,651	482,130	485,873	500,343	514,405	523,964	559,151	572,754	611,289	648,125	680,985	713,163
Cost of Revenue	83,663	93,438	108,725	129,664	150,255	159,097	191,838	198,747	216,832	237,649	264,152	284,137	303,941	304,106	314,946	334,993	352,297	358,069	365,086	360,984	361,256	373,396	385,301	394,605	420,315	429,000	463,721	490,142	511,753	535,395
Gross Profit	22,483	25,861	30,483	37,145	43,040	46,726	54,687	59,934	67,478	74,452	84,498	92,886	100,313	103,979	106,903	111,516	116,354	118,225	120,565	121,146	124,617	126,947	129,104	129,359	138,836	143,754	147,568	157,983	169,232	177,768
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–
Selling, General & Administrative	16,788	19,358	22,363	27,040	31,550	36,173	41,043	44,909	51,105	56,733	64,001	70,288	76,651	79,607	81,020	85,265	86,573	88,953	91,018	94,541	98,953	102,910	103,647	108,791	116,288	117,812	127,140	130,971	139,884	142,543
Total Operating Expenses	18,265	20,699	23,937	28,836	31,550	35,147	41,043	44,909	50,178	55,739	63,892	70,934	77,546	79,977	81,361	85,025	88,629	91,353	93,418	97,041	101,853	106,510	107,147	108,791	116,288	117,812	127,140	130,971	139,884	147,943
Operating Income	4,408	5,162	6,546	8,309	11,311	11,579	13,295	15,025	17,300	18,713	20,497	21,952	22,767	24,002	25,542	26,491	27,725	26,872	27,147	24,105	22,764	20,437	21,957	20,568	22,548	25,942	20,428	27,012	29,348	29,825
Interest Expense	845	784	797	1,022	1,383	1,354	1,063	996	1,187	1,420	1,809	2,103	2,184	2,065	2,205	2,322	2,251	2,335	2,461	2,548	2,367	2,330	2,346	2,599	2,315	1,994	2,128	2,683	2,728	2,799
Pre-Tax Income	4,877	5,719	7,323	9,083	10,116	10,396	12,368	14,193	16,320	17,535	18,968	20,158	20,867	22,118	23,538	24,332	25,662	24,656	24,799	21,638	20,497	15,123	11,460	20,116	20,564	18,696	17,016	21,848	26,309	29,469
Income Tax Expense	1,794	2,115	2,740	3,338	3,692	3,765	4,357	5,118	5,589	5,803	6,365	6,889	7,133	7,156	7,579	7,924	7,958	8,105	7,985	6,558	6,204	4,600	4,281	4,915	6,858	4,756	5,724	5,578	6,152	7,199
Net Income	3,056	3,526	4,430	5,575	6,295	6,592	7,955	9,054	10,267	11,231	11,284	12,731	13,381	14,370	16,389	15,699	16,999	16,022	16,363	14,694	13,643	9,862	6,670	14,881	13,510	13,673	11,680	15,511	19,436	21,893
EBITDA	7,185	8,137	9,992	12,480	14,367	14,978	16,791	19,041	21,689	23,600	26,236	28,578	29,790	31,340	33,384	34,758	36,389	35,861	36,320	33,559	32,844	27,983	24,533	33,702	34,031	31,348	30,089	36,384	42,010	46,471

Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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