Walmart WMT
NASDAQ WMT
$103.70 +0.11 (+0.10%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Walmart (WMT) posted Cost of Revenue of $133.1 billion for Q2 2026, down 7.35% sequentially from $143.6 billion in Q1 2026, and up 7.04% YoY from $124.3 billion in Q2 2025.

Walmart (WMT) Cost of Revenue (2009 - 2026) Analysis & Trends

Walmart has reported Cost of Revenue for 18 years, with the latest figure at $133.1 billion in Q2 2026.

  • Quarterly Cost of Revenue rose 7.04% year-over-year to $133.1 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $544.2 billion (up 5.74% YoY) and the FY2026 annual result came in at $535.4 billion, up 4.62% from the prior year.
  • Cost of Revenue retreated to $133.1 billion in Q2 2026 per WMT's latest filing, from $143.6 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $143.6 billion in Q1 2026 and troughed at $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.
  • The widest YoY moves for Cost of Revenue: up 10.13% in 2022, down 0.23% in 2022.
  • Over 5 years, Cost of Revenue stood at $115.6 billion in 2022, then grew by 4.82% to $121.2 billion in 2023, then rose by 5.08% to $127.3 billion in 2024, then climbed by 5.78% to $134.7 billion in 2025, then retreated by 1.22% to $133.1 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $133.1 billion, $143.6 billion, and $134.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Walmart 824.27 Bn 813.54 Bn 44.69 Bn 133.06 Bn
2 Costco Wholesale 420.42 Bn 400.43 Bn 9.01 Bn 61.52 Bn
3 Target 74.99 Bn 71.45 Bn 7.38 Bn 18.06 Bn
4 Dollar General 27.11 Bn 25.76 Bn 3.41 Bn 7.38 Bn
5 Dollar Tree 25.75 Bn 24.74 Bn 1.83 Bn 3.14 Bn
6 BJ's Wholesale Club Holdings 12.37 Bn 12.34 Bn 1.03 Bn 4.63 Bn
7 Bbb Foods 6.05 Bn 5.36 Bn 250.62 Mn 1.25 Bn
8 Pricesmart 5.24 Bn 4.92 Bn 262.22 Mn 1.22 Bn
9 Ollie's Bargain Outlet Holdings 4.63 Bn 4.38 Bn 275.96 Mn 382.96 Mn

Historic Data

Download Data
DateValue
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