Costco Wholesale (COST) Operating Expenses (2009 - 2026)
Costco Wholesale (COST) posted Operating Expenses of $8.39 billion for fiscal Q4 2026 (quarter ended Aug 30, 2026), up 7.9% from $7.78 billion a year earlier.
Costco Wholesale (COST) Operating Expenses (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 30, 2026), Costco Wholesale's Operating Expenses came in at $27.19 billion, up 8.9% from FY2025.
- Annual Operating Expenses has increased for 17 consecutive fiscal years, with a five-year compound annual growth rate of 8.0% (FY2021 to FY2026).
- In prior fiscal years, Costco Wholesale's Operating Expenses was $24.97 billion in FY2025 (+9.5%), $22.81 billion in FY2024 (+5.7%), $21.59 billion in FY2023 (+9.2%) and $19.78 billion in FY2022 (+6.7%).
- The fiscal Q4 2026 figure stands as the highest quarterly Operating Expenses in data going back to fiscal Q2 2009.
- On a year-over-year basis, Operating Expenses has increased in each of the last 64 quarters, with growth averaging 9.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 1.8% in fiscal Q4 2024 to 15.0% in fiscal Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 936.31 Bn | 892.74 Bn | 49.13 Bn | 39.75 Bn |
| 2 | Costco Wholesale | 442.49 Bn | 365.77 Bn | 12.19 Bn | 8.39 Bn |
| 3 | Sysco | 39.37 Bn | 33.61 Bn | 4.13 Bn | 3.15 Bn |
| 4 | Kroger | 38.72 Bn | 24.87 Bn | 7.86 Bn | 198.00 Mn |
| 5 | Dollar General | 29.24 Bn | 23.92 Bn | 3.68 Bn | 2.91 Bn |
| 6 | Caseys General Stores | 25.62 Bn | 23.62 Bn | 1.24 Bn | 754.11 Mn |
| 7 | Dollar Tree | 23.99 Bn | 20.61 Bn | 2.10 Bn | 1.43 Bn |
| 8 | US Foods Holding | 22.39 Bn | 22.19 Bn | 1.92 Bn | 1.48 Bn |
| 9 | Tractor Supply | 17.03 Bn | 16.19 Bn | 1.68 Bn | 1.02 Bn |
| 10 | Performance Food | 15.11 Bn | 14.89 Bn | 2.17 Bn | 1.85 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 30, 2026 | 8.39 Bn |
| May 10, 2026 | 6.19 Bn |
| Feb 15, 2026 | 6.27 Bn |
| Nov 23, 2025 | 6.33 Bn |
| Aug 31, 2025 | 7.78 Bn |
| May 11, 2025 | 5.68 Bn |
| Feb 16, 2025 | 5.66 Bn |
| Nov 24, 2024 | 5.85 Bn |
| Sep 1, 2024 | 7.07 Bn |
| May 12, 2024 | 5.15 Bn |
| Feb 18, 2024 | 5.24 Bn |
| Nov 26, 2023 | 5.36 Bn |
| Sep 3, 2023 | 6.94 Bn |
| May 7, 2023 | 4.79 Bn |
| Feb 12, 2023 | 4.94 Bn |
| Nov 20, 2022 | 4.92 Bn |
| Aug 28, 2022 | 6.04 Bn |
| May 8, 2022 | 4.45 Bn |
| Feb 13, 2022 | 4.58 Bn |
| Nov 21, 2021 | 4.72 Bn |
Costco Wholesale Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=COST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "COST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=COST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();