Walmart (WMT) Cost of Revenue (2009 - 2026)

Walmart has disclosed Cost of Revenue across 18 years of filings, most recently posting $133.1 billion for Q2 2026.

• Cost of Revenue for Q2 2026 came in at $133.1 billion, up 7.04% year-over-year; the trailing twelve-month figure through Apr 2026 was $544.2 billion (up 5.74% YoY), and the FY2026 annual result was $535.4 billion, up 4.62% from the prior year.
• Cost of Revenue came in at $133.1 billion for Q2 2026 at Walmart, down from $143.6 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $143.6 billion in Q1 2026 to a low of $106.8 billion in Q2 2022.
• The 5-year median for Cost of Revenue is $124.9 billion (2023), against an average of $125.0 billion.
• Peak annual rise in Cost of Revenue reached 10.13% in 2022, while the deepest fall reached 0.23% in 2022.
• Walmart's Cost of Revenue stood at $115.6 billion in 2022, then advanced by 4.82% to $121.2 billion in 2023, then grew by 5.08% to $127.3 billion in 2024, then gained by 5.78% to $134.7 billion in 2025, then declined by 1.22% to $133.1 billion in 2026.
• The last three Cost of Revenue figures came in at $133.1 billion (Q2 2026), $143.6 billion (Q1 2026), and $134.7 billion (Q4 2025), per Business Quant data.