Walmart Inc.
WMTConsumer Defensive Discount Stores
Walmart Inc.’s revenue for fiscal 2026 (year ended January 2026) was $713.2 billion, up 4.73% from fiscal 2025.
- Revenue
- +5.94%
- EPS
- −9.09%
- Free cash flow
- +15.8%
- Total debt
- +14.0%
Quarter to July 2026, against a year earlier
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Walmart Inc. 10-Q filed Dec 3, 2025
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 29, 2025: 4 added · 3 removed · 24 modified; 17 with only figures updated
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Modified · Recent Developments, Macroeconomic Conditions and Potential Impacts
In July 2025, the One Big Beautiful Bill Act (the "Tax Act") was enacted, introducing a series of corporate tax changes in the U.S., including 100% bonus depreciation on qualified property and full expensing for research and development expenditures. The impacts of the Tax Act
are reflected in our results for the fiscal quarter ended July 31, 2025, and there was nowere not materialimpactto our income tax expense or effective tax rate. We expect certain provisions will decrease cash taxes paid in the current fiscal year and may change the timing of cash tax payments in future periods.