Costco Wholesale (COST) Accumulated Expenses (2020 - 2026)

At the end of FY2025 (ended Aug 31, 2025), Costco Wholesale posted Accumulated Expenses of $2.68 billion, up 9.9% from FY2024.

• Accumulated Expenses has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 14.0% (FY2020 to FY2025).
• By fiscal year, Accumulated Expenses came in at $2.44 billion in FY2024 (+13.3%), $2.15 billion in FY2023 (+12.5%), $1.91 billion in FY2022 (+14.4%) and $1.67 billion in FY2021 (+20.0%).
• The fiscal Q3 2026 figure ranks as the highest quarterly Accumulated Expenses in data going back to fiscal Q4 2020.
• Year over year, Accumulated Expenses has now increased in each of the last 20 quarters, with growth averaging 11.6% over the last eight quarters.
• Across the past five years, year-over-year growth in Accumulated Expenses ran from 9.8% in fiscal Q2 2025 to 20.0% in fiscal Q4 2021.
• Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $2.83 billion (Q2 2026), $2.71 billion (Q1 2026) and $2.68 billion (Q4 2025).