Growth Metrics

Costco Wholesale (COST) Net Margin (2016 - 2026)

Costco Wholesale's Net Margin history spans 18 years, with the latest figure at 2.92% for Q1 2026.

  • For Q1 2026, Net Margin rose 12.0% year-over-year to 2.92%; the TTM value through Feb 2026 reached 2.99%, up 10.0%, while the annual FY2025 figure was 2.94%, 5.0% up from the prior year.
  • Net Margin reached 2.92% in Q1 2026 per COST's latest filing, down from 2.97% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 3.03% in Q3 2025 to a low of 2.43% in Q2 2023.
  • Average Net Margin over 5 years is 2.78%, with a median of 2.81% recorded in 2025.
  • Peak YoY movement for Net Margin: decreased -18bps in 2023, then surged 45bps in 2024.
  • A 5-year view of Net Margin shows it stood at 2.51% in 2022, then rose by 10bps to 2.75% in 2023, then grew by 5bps to 2.89% in 2024, then increased by 3bps to 2.97% in 2025, then decreased by -2bps to 2.92% in 2026.
  • Per Business Quant, the three most recent readings for COST's Net Margin are 2.92% (Q1 2026), 2.97% (Q4 2025), and 3.03% (Q3 2025).