Walmart (WMT) Cost of Revenue (2009 - 2026)
Walmart (WMT) reported Cost of Revenue of $133.1 billion for Q2 2026, up 7.04% on a YoY basis from $124.3 billion in Q2 2025, and down 7.35% sequentially from $143.6 billion in Q1 2026.
Walmart (WMT) Cost of Revenue (2009 - 2026) Analysis & Trends
Walmart (WMT) has 18 years of Cost of Revenue data on file, last reported at $133.1 billion in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 7.04% year-over-year to $133.1 billion; the trailing twelve-month figure through Apr 2026 stood at $544.2 billion (up 5.74% YoY), and the FY2026 full-year result was $535.4 billion, up 4.62% from the prior year.
- Cost of Revenue retreated to $133.1 billion in Q2 2026, 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.
- A 5-year average of $125.0 billion and a median of $124.9 billion in 2023 frame the typical range for Cost of Revenue.
- Peak annual rise in Cost of Revenue reached 10.13% in 2022, while the deepest fall reached 0.23% in 2022.
- Tracing WMT's Cost of Revenue over 5 years: stood at $115.6 billion in 2022, then gained by 4.82% to $121.2 billion in 2023, then climbed by 5.08% to $127.3 billion in 2024, then rose by 5.78% to $134.7 billion in 2025, then dropped by 1.22% to $133.1 billion in 2026.
- Business Quant data shows WMT's Cost of Revenue at $133.1 billion in Q2 2026, $143.6 billion in Q1 2026, and $134.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 891.13 Bn | 880.41 Bn | 42.63 Bn | 133.06 Bn |
| 2 | Costco Wholesale | 422.22 Bn | 403.98 Bn | 8.88 Bn | 60.72 Bn |
| 3 | Target | 63.70 Bn | 60.17 Bn | 7.38 Bn | 18.06 Bn |
| 4 | Dollar General | 27.14 Bn | 26.00 Bn | 3.32 Bn | 7.59 Bn |
| 5 | Dollar Tree | 24.65 Bn | 23.65 Bn | 1.83 Bn | 3.14 Bn |
| 6 | BJ's Wholesale Club Holdings | 12.22 Bn | 12.20 Bn | 1.03 Bn | 4.63 Bn |
| 7 | Pricesmart | 5.70 Bn | 5.57 Bn | 262.22 Mn | 1.22 Bn |
| 8 | Bbb Foods | 4.74 Bn | 4.14 Bn | 210.92 Mn | 1.09 Bn |
| 9 | Ollie's Bargain Outlet Holdings | 4.11 Bn | 3.81 Bn | 310.92 Mn | 468.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 133.06 Bn |
| Apr 30, 2026 | 133.06 Bn |
| Jan 31, 2026 | 143.62 Bn |
| Jan 31, 2026 | 143.62 Bn |
| Oct 31, 2025 | 134.71 Bn |
| Oct 31, 2025 | 134.71 Bn |
| Jul 31, 2025 | 132.77 Bn |
| Jul 31, 2025 | 132.77 Bn |
| Apr 30, 2025 | 124.30 Bn |
| Apr 30, 2025 | 124.30 Bn |
| Jan 31, 2025 | 136.17 Bn |
| Jan 31, 2025 | 136.17 Bn |
| Oct 31, 2024 | 127.34 Bn |
| Oct 31, 2024 | 127.34 Bn |
| Jul 31, 2024 | 126.81 Bn |
| Jul 31, 2024 | 126.81 Bn |
| Apr 30, 2024 | 121.43 Bn |
| Apr 30, 2024 | 121.43 Bn |
| Jan 31, 2024 | 131.83 Bn |
| Jan 31, 2024 | 131.83 Bn |