Growth Metrics

Walmart (WMT) Cost of Revenue (2016 - 2026)

Walmart's Cost of Revenue history spans 18 years, with the latest figure at $143.6 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 5.47% to $143.6 billion in Q1 2026 year-over-year; TTM through Jan 2026 was $535.4 billion, a 4.62% increase, with the full-year FY2026 number at $535.4 billion, up 4.62% from a year prior.
  • Cost of Revenue hit $143.6 billion in Q1 2026 for Walmart, up from $134.7 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for WMT hit a ceiling of $143.6 billion in Q1 2026 and a floor of $106.8 billion in Q2 2022.
  • Historically, Cost of Revenue has averaged $124.5 billion across 5 years, with a median of $124.3 billion in 2025.
  • The widest YoY moves for Cost of Revenue: up 10.13% in 2022, down 0.23% in 2022.
  • Tracing WMT's Cost of Revenue over 5 years: stood at $115.6 billion in 2022, then rose by 4.82% to $121.2 billion in 2023, then increased by 5.08% to $127.3 billion in 2024, then increased by 5.78% to $134.7 billion in 2025, then increased by 6.61% to $143.6 billion in 2026.
  • Business Quant data shows Cost of Revenue for WMT at $143.6 billion in Q1 2026, $134.7 billion in Q4 2025, and $132.8 billion in Q3 2025.