Walmart (WMT) Change in Inventory (2009 - 2026)
Walmart's (WMT) quarterly Change in Inventory came in at $3.8 billion in Q2 2026, up 374.97% year-on-year from $807.0 million in Q2 2025, and up 156.55% quarter-over-quarter from -$6.8 billion in Q1 2026.
Walmart (WMT) Change in Inventory (2009 - 2026) Analysis & Trends
Walmart has disclosed Change in Inventory across 18 years of filings, most recently posting $3.8 billion for Q2 2026.
- Change in Inventory for Q2 2026 came in at $3.8 billion, up 374.97% year-over-year; the trailing twelve-month figure through Apr 2026 was $4.5 billion (up 47.35% YoY), and the FY2026 annual result was $1.4 billion, down 47.62% from the prior year.
- Change in Inventory came in at $3.8 billion for Q2 2026 at Walmart, up from -$6.8 billion in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $8.0 billion in Q4 2024 to a low of -$9.3 billion in Q1 2024.
- The 5-year median for Change in Inventory is $341.5 million (2023), against an average of $313.5 million.
- Across the five-year window, Change in Inventory plunged 843.27% in 2023 and surged 374.97% in 2026, its largest moves.
- Walmart's Change in Inventory stood at $5.3 billion in 2022, then surged by 42.91% to $7.5 billion in 2023, then climbed by 5.61% to $8.0 billion in 2024, then dropped by 5.07% to $7.6 billion in 2025, then sank by 49.31% to $3.8 billion in 2026.
- The last three Change in Inventory figures came in at $3.8 billion (Q2 2026), -$6.8 billion (Q1 2026), and $7.6 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 3.83 Bn |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | -2.37 Bn |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 13.00 Mn |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | -271.18 Mn |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | -24.10 Mn |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 112.79 Mn |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 4.29 Mn |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | -52.57 Mn |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | 5.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 3.83 Bn |
| Apr 30, 2026 | 3.83 Bn |
| Jan 31, 2026 | -6.78 Bn |
| Jan 31, 2026 | -6.78 Bn |
| Oct 31, 2025 | 7.56 Bn |
| Oct 31, 2025 | 7.56 Bn |
| Jul 31, 2025 | -148.00 Mn |
| Jul 31, 2025 | -148.00 Mn |
| Apr 30, 2025 | 807.00 Mn |
| Apr 30, 2025 | 807.00 Mn |
| Jan 31, 2025 | -6.45 Bn |
| Jan 31, 2025 | -6.45 Bn |
| Oct 31, 2024 | 7.97 Bn |
| Oct 31, 2024 | 7.97 Bn |
| Jul 31, 2024 | 705.00 Mn |
| Jul 31, 2024 | 705.00 Mn |
| Apr 30, 2024 | 529.00 Mn |
| Apr 30, 2024 | 529.00 Mn |
| Jan 31, 2024 | -9.34 Bn |
| Jan 31, 2024 | -9.34 Bn |