WMT · Company research
Walmart (WMT)
Revenue, profit & cash flow
Walmart Inc. is an omnichannel retailer that operates retail stores, warehouse clubs, eCommerce websites and mobile apps, serving about 280 million customers each week at more than 10,900 stores in 19 countries. It reports three segments: Walmart U.S., which operates stores under the Walmart and Walmart Neighborhood Market names in all 50 states; Walmart International; and Sam's Club U.S. Its merchandise spans grocery, general merchandise, and health and wellness, and it also offers membership, advertising, marketplace, fulfillment and financial services. Headquartered in Bentonville, Arkansas, the company traces its origins to a variety store Sam Walton opened in 1945 and holds majority stakes in Flipkart and PhonePe in India.
Business description: 10-K filed 2026-03-13.
Latest reported quarter: FY2027 Q2
Period: 2026-05-01 to 2026-07-31. Reporting currency: USD. Monetary values below are in millions.
- Revenue
- 187,937.0 USD million
- Operating income
- 9,383.0 USD million
- Net income
- 6,366.0 USD million
- Free cash flow
- 7,475.0 USD million · Calculated
- Operating margin
- 5.0% Percent · Calculated
Revenue was 187,937.0 versus 177,402.0 USD million in FY2026 Q2. The calculated year-over-year change was 5.9%. Net income was 6,366.0 versus 7,026.0 USD million in FY2026 Q2. The calculated year-over-year change was -9.4%.
Operating income reflects the business before interest and tax; net income is the profit after those items. Free cash flow is calculated from operating cash flow less capital spending and can differ from net income.
Annual financial history
| Fiscal period and dates | Revenue | Operating income | Net income | Free cash flow | Operating margin |
|---|---|---|---|---|---|
| FY20262025-02-01 to 2026-01-31Filing evidence | 713,163.0 | 29,825.0 | 21,893.0 | 14,923.0Calculated | 4.2%Calculated |
| FY20252024-02-01 to 2025-01-31Filing evidence | 680,985.0 | 29,348.0 | 19,436.0 | 12,660.0Calculated | 4.3%Calculated |
| FY20242023-02-01 to 2024-01-31Filing evidence | 648,125.0 | 27,012.0 | 15,511.0 | 15,120.0Calculated | 4.2%Calculated |
| FY20232022-02-01 to 2023-01-31Filing evidence | 611,289.0 | 20,428.0 | 11,680.0 | 11,984.0Calculated | 3.3%Calculated |
| FY20222021-02-01 to 2022-01-31Filing evidence | 572,754.0 | 25,942.0 | 13,673.0 | 11,075.0Calculated | 4.5%Calculated |
Quarterly financial history
| Fiscal period and dates | Revenue | Operating income | Net income | Free cash flow | Operating margin |
|---|---|---|---|---|---|
| FY2027 Q22026-05-01 to 2026-07-31Filing evidence | 187,937.0 | 9,383.0 | 6,366.0 | 7,475.0Calculated | 5.0%Calculated |
| FY2027 Q12026-02-01 to 2026-04-30Filing evidence | 177,751.0 | 7,493.0 | 5,330.0 | -1,946.0Calculated | 4.2%Calculated |
| FY2026 Q42025-11-01 to 2026-01-31Filing evidence | 190,656.0Calculated | 8,708.0Calculated | 4,237.0Calculated | 6,098.0Calculated | 4.6%Calculated |
| FY2026 Q32025-08-01 to 2025-10-31Filing evidence | 179,496.0 | 6,696.0 | 6,143.0 | 1,882.0Calculated | 3.7%Calculated |
| FY2026 Q22025-05-01 to 2025-07-31Filing evidence | 177,402.0 | 7,286.0 | 7,026.0 | 6,518.0Calculated | 4.1%Calculated |
| FY2026 Q12025-02-01 to 2025-04-30Filing evidence | 165,609.0 | 7,135.0 | 4,487.0 | 425.0Calculated | 4.3%Calculated |
| FY2025 Q42024-11-01 to 2025-01-31Filing evidence | 180,554.0Calculated | 7,859.0Calculated | 5,254.0Calculated | 6,438.0Calculated | 4.4%Calculated |
| FY2025 Q32024-08-01 to 2024-10-31Filing evidence | 169,588.0 | 6,708.0 | 4,577.0 | 372.0Calculated | 4.0%Calculated |
Definitions and reading notes
Fiscal years follow the company’s filings and may differ from calendar years. Quarterly values cover a single fiscal quarter. The latest reported quarter here means the latest quarter in the checked SEC snapshot; more recent announcements may not yet be included.
Free cash flow = operating cash flow + signed capital expenditure (a cash outflow is negative). Operating margin = operating income ÷ revenue × 100. These are calculated metrics. Figures derived from year-to-date differences, fourth-quarter subtraction or component arithmetic are also marked Calculated. Display values are rounded; calculations use stored unrounded values.
Unavailable means the stored SEC release has no value. It is not treated as zero. Growth percentages are omitted when the prior value is zero or negative. No currency conversion, estimates or trailing-twelve-month figures are used.
Evidence and data checks
Data checked: . Financial values are pinned to SEC release 7004bcf6-36ba-463a-8680-b7ddc93be6f1, created 2026-10-29T11:12:04.112Z. Each period below links to the filing and the source accessions recorded with its metrics.
FY2027 Q2 · ended 2026-07-31 · filing date 2026-08-28
SEC filing 0000104169-26-000154. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-26-000154
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-26-000154
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-26-000154
- Free cash flow: Calculated from filing facts. Operating cash flow 14,972.0 + signed capital expenditure -7,497.0 = 7,475.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-26-000154; Source filing 0000104169-26-000102
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2027 Q1 · ended 2026-04-30 · filing date 2026-05-29
SEC filing 0000104169-26-000102. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-26-000102
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-26-000102
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-26-000102
- Free cash flow: Calculated from filing facts. Operating cash flow 4,738.0 + signed capital expenditure -6,684.0 = -1,946.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-26-000102
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2026 Q4 · ended 2026-01-31 · filing date 2026-03-13
SEC filing 0000104169-26-000055. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Calculated from filing facts. XBRL concepts: Revenues. Derivation notes: quarter_from_fiscal_ytd_difference. Source filing 0000104169-26-000055; Source filing 0000104169-25-000191
- Operating income: Calculated from filing facts. XBRL concepts: OperatingIncomeLoss. Derivation notes: quarter_from_fiscal_ytd_difference. Source filing 0000104169-26-000055; Source filing 0000104169-25-000191
- Net income: Calculated from filing facts. XBRL concepts: NetIncomeLoss. Derivation notes: quarter_from_fiscal_ytd_difference. Source filing 0000104169-26-000055; Source filing 0000104169-25-000191
- Free cash flow: Calculated from filing facts. Operating cash flow 14,113.0 + signed capital expenditure -8,015.0 = 6,098.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-26-000055; Source filing 0000104169-25-000191
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2026 Q3 · ended 2025-10-31 · filing date 2025-12-03
SEC filing 0000104169-25-000191. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-25-000191
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-25-000191
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-25-000191
- Free cash flow: Calculated from filing facts. Operating cash flow 9,100.0 + signed capital expenditure -7,218.0 = 1,882.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-25-000191; Source filing 0000104169-25-000137
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2026 Q2 · ended 2025-07-31 · filing date 2025-08-29
SEC filing 0000104169-25-000137. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-25-000137
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-25-000137
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-25-000137
- Free cash flow: Calculated from filing facts. Operating cash flow 12,941.0 + signed capital expenditure -6,423.0 = 6,518.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-25-000137; Source filing 0000104169-25-000090
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2026 Q1 · ended 2025-04-30 · filing date 2025-06-06
SEC filing 0000104169-25-000090. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-25-000090
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-25-000090
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-25-000090
- Free cash flow: Calculated from filing facts. Operating cash flow 5,411.0 + signed capital expenditure -4,986.0 = 425.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-25-000090
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2025 Q4 · ended 2025-01-31 · filing date 2025-03-14
SEC filing 0000104169-25-000021. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Calculated from filing facts. XBRL concepts: Revenues. Derivation notes: quarter_from_fiscal_ytd_difference. Source filing 0000104169-25-000021; Source filing 0000104169-24-000178
- Operating income: Calculated from filing facts. XBRL concepts: OperatingIncomeLoss. Derivation notes: quarter_from_fiscal_ytd_difference. Source filing 0000104169-25-000021; Source filing 0000104169-24-000178
- Net income: Calculated from filing facts. XBRL concepts: NetIncomeLoss. Derivation notes: quarter_from_fiscal_ytd_difference. Source filing 0000104169-25-000021; Source filing 0000104169-24-000178
- Free cash flow: Calculated from filing facts. Operating cash flow 13,525.0 + signed capital expenditure -7,087.0 = 6,438.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-25-000021; Source filing 0000104169-24-000178
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2025 Q3 · ended 2024-10-31 · filing date 2024-12-06
SEC filing 0000104169-24-000178. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-24-000178
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-24-000178
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-24-000178
- Free cash flow: Calculated from filing facts. Operating cash flow 6,561.0 + signed capital expenditure -6,189.0 = 372.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-24-000178; Source filing 0000104169-24-000141
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2026 · ended 2026-01-31 · filing date 2026-03-13
SEC filing 0000104169-26-000055. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-26-000055
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-26-000055
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-26-000055
- Free cash flow: Calculated from filing facts. Operating cash flow 41,565.0 + signed capital expenditure -26,642.0 = 14,923.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-26-000055
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2025 · ended 2025-01-31 · filing date 2025-03-14
SEC filing 0000104169-25-000021. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-25-000021
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-25-000021
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-25-000021
- Free cash flow: Calculated from filing facts. Operating cash flow 36,443.0 + signed capital expenditure -23,783.0 = 12,660.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-25-000021
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2024 · ended 2024-01-31 · filing date 2024-03-15
SEC filing 0000104169-24-000056. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-24-000056
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-24-000056
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-24-000056
- Free cash flow: Calculated from filing facts. Operating cash flow 35,726.0 + signed capital expenditure -20,606.0 = 15,120.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-24-000056
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2023 · ended 2023-01-31 · filing date 2023-03-17
SEC filing 0000104169-23-000020. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-23-000020
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-23-000020
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-23-000020
- Free cash flow: Calculated from filing facts. Operating cash flow 28,841.0 + signed capital expenditure -16,857.0 = 11,984.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-23-000020
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.
FY2022 · ended 2022-01-31 · filing date 2022-03-18
SEC filing 0000104169-22-000012. Monetary figures: USD; displayed in millions. Operating margin: percent.
- Revenue: Reported filing fact. XBRL concepts: Revenues. Source filing 0000104169-22-000012
- Operating income: Reported filing fact. XBRL concepts: OperatingIncomeLoss. Source filing 0000104169-22-000012
- Net income: Reported filing fact. XBRL concepts: NetIncomeLoss. Source filing 0000104169-22-000012
- Free cash flow: Calculated from filing facts. Operating cash flow 24,181.0 + signed capital expenditure -13,106.0 = 11,075.0 USD million. XBRL concepts: NetCashProvidedByUsedInOperatingActivities, PaymentsToAcquirePropertyPlantAndEquipment. Source filing 0000104169-22-000012
- Operating margin: Calculated from filing facts. Operating income ÷ revenue × 100.