Walmart (WMT) Operating Income (2009 - 2026)
Walmart's (WMT) quarterly Operating Income came in at $9.4 billion in Q3 2026, up 28.78% year-over-year from $7.3 billion in Q3 2025, and up 25.22% quarter-over-quarter from $7.5 billion in Q2 2026.
Analysis
Walmart (WMT) Operating Income (2009 - 2026) Analysis & Trends
Walmart has disclosed Operating Income across 18 years of filings, most recently posting $9.4 billion for Q3 2026.
- In Q3 2026, Operating Income rose 28.78% year-over-year to $9.4 billion; the TTM figure through Jul 2026 stood at $32.3 billion (up 11.36% YoY), while the FY2026 annual figure was $29.8 billion, up 1.63% from the prior year.
- Operating Income came in at $9.4 billion for Q3 2026 at Walmart, up from $7.5 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $9.4 billion in Q3 2026 to a low of $2.7 billion in Q4 2022.
- Average Operating Income over 5 years is $6.8 billion, with a median of $6.9 billion recorded in 2022.
- Year-over-year, Operating Income tumbled 53.47% in 2022 and jumped 130.13% in 2023.
- Over 5 years, Operating Income stood at $2.7 billion in 2022, then jumped by 130.13% to $6.2 billion in 2023, then climbed by 8.16% to $6.7 billion in 2024, then decreased by 0.18% to $6.7 billion in 2025, then surged by 40.13% to $9.4 billion in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $9.4 billion in Q3 2026, $7.5 billion in Q2 2026, and $8.7 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 841.02 Bn | 829.49 Bn | 49.13 Bn | 9.38 Bn |
| 2 | Dollar General | 27.13 Bn | 25.54 Bn | 3.68 Bn | 769.16 Mn |
| 3 | Dollar Tree | 22.62 Bn | 21.56 Bn | 2.10 Bn | 690.10 Mn |
| 4 | Tractor Supply | 17.56 Bn | 17.33 Bn | 1.68 Bn | 467.12 Mn |
| 5 | Bbb Foods | 5.89 Bn | 5.21 Bn | 250.62 Mn | 332.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.38 Bn |
| Apr 30, 2026 | 7.49 Bn |
| Jan 31, 2026 | 8.71 Bn |
| Oct 31, 2025 | 6.70 Bn |
| Jul 31, 2025 | 7.29 Bn |
| Apr 30, 2025 | 7.14 Bn |
| Jan 31, 2025 | 7.86 Bn |
| Oct 31, 2024 | 6.71 Bn |
| Jul 31, 2024 | 7.94 Bn |
| Apr 30, 2024 | 6.84 Bn |
| Jan 31, 2024 | 7.25 Bn |
| Oct 31, 2023 | 6.20 Bn |
| Jul 31, 2023 | 7.32 Bn |
| Apr 30, 2023 | 6.24 Bn |
| Jan 31, 2023 | 5.56 Bn |
| Oct 31, 2022 | 2.70 Bn |
| Jul 31, 2022 | 6.85 Bn |
| Apr 30, 2022 | 5.32 Bn |
| Jan 31, 2022 | 5.89 Bn |
| Oct 31, 2021 | 5.79 Bn |