Walmart (WMT) Operating Leases (2019 - 2026)

Walmart's (WMT) quarterly Operating Leases came in at $14.4 billion in Q2 2026, up 12.43% year-on-year from $12.8 billion in Q2 2025, and up 3.21% quarter-over-quarter from $13.9 billion in Q1 2026.

Walmart (WMT) Operating Leases (2019 - 2026) Analysis & Trends

Walmart has disclosed Operating Leases across 8 years of filings, most recently posting $14.4 billion for Q2 2026.

  • Operating Leases for Q2 2026 came in at $14.4 billion, up 12.43% year-over-year; the trailing twelve-month figure through Apr 2026 was $14.4 billion (up 12.43% YoY), and the FY2026 annual result was $13.9 billion, up 8.7% from the prior year.
  • Operating Leases came in at $14.4 billion for Q2 2026 at Walmart, up from $13.9 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $14.4 billion in Q2 2026 to a low of $12.7 billion in Q4 2022.
  • The 5-year median for Operating Leases is $12.9 billion (2024), against an average of $13.1 billion.
  • Across the five-year window, Operating Leases declined 3.34% in 2022 and climbed 12.43% in 2026, its largest moves.
  • Walmart's Operating Leases stood at $12.7 billion in 2022, then advanced by 1.26% to $12.8 billion in 2023, then advanced by 0.86% to $12.9 billion in 2024, then climbed by 6.02% to $13.7 billion in 2025, then increased by 4.98% to $14.4 billion in 2026.
  • The last three Operating Leases figures came in at $14.4 billion (Q2 2026), $13.9 billion (Q1 2026), and $13.7 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Walmart 948.87 Bn 944.49 Bn 42.63 Bn
2 Costco Wholesale 430.50 Bn 412.26 Bn 8.88 Bn
3 Target 57.41 Bn 53.87 Bn 7.38 Bn
4 Dollar General 24.07 Bn 22.93 Bn 3.32 Bn
5 Dollar Tree 22.05 Bn 21.05 Bn 1.83 Bn
6 BJ's Wholesale Club Holdings 11.52 Bn 11.49 Bn 1.03 Bn
7 Pricesmart 5.32 Bn 5.02 Bn 265.07 Mn
8 Ollie's Bargain Outlet Holdings 4.78 Bn 4.48 Bn 310.92 Mn
9 Bbb Foods 22.39 Mn -214.25 Mn 210.92 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 14.39 Bn
Jan 31, 2026 13.94 Bn
Oct 31, 2025 13.71 Bn
Jul 31, 2025 13.17 Bn
Apr 30, 2025 12.80 Bn
Jan 31, 2025 12.83 Bn
Oct 31, 2024 12.93 Bn
Jul 31, 2024 12.81 Bn
Apr 30, 2024 12.84 Bn
Jan 31, 2024 12.94 Bn
Oct 31, 2023 12.82 Bn
Jul 31, 2023 12.98 Bn
Apr 30, 2023 12.93 Bn
Jan 31, 2023 12.83 Bn
Oct 31, 2022 12.66 Bn
Jul 31, 2022 13.14 Bn
Apr 30, 2022 13.23 Bn
Jan 31, 2022 13.01 Bn
Oct 31, 2021 13.10 Bn
Jul 31, 2021 13.12 Bn