Walmart Inc.
WMT Consumer Defensive Discount Stores
Walmart Inc.’s revenue for fiscal 2026 (year ended January 2026) was $713.2 billion, up 4.73% from fiscal 2025. In the quarter to July 2026, revenue grew 5.94%, EPS fell 9.09%, free cash flow grew 15.8% and total debt rose 14.0%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.
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Walmart Inc. (WMT) Net income
Walmart Inc.'s net income for fiscal 2026 was $22.3B, up 10.5% from $20.2B in fiscal 2025. Over the twelve months to 31 July 2026 it was $22.5B. Over the past ten years it has ranged from $7.2B (fiscal 2019) to $22.3B (fiscal 2026) — the current reading is the highest in ten years. Net income has risen for 3 consecutive fiscal years. Walmart Inc. ranks 1st of 10 Discount Stores companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2026 | $22.3B | 10.48% |
| FY2025 | $20.2B | 23.89% |
| FY2024 | $16.3B | 44.08% |
| FY2023 | $11.3B | (19.00%) |
| FY2022 | $13.9B | 1.71% |
| FY2021 | $13.7B | (9.83%) |
| FY2020 | $15.2B | 111.74% |
| FY2019 | $7.2B | (31.78%) |
| FY2018 | $10.5B | (26.38%) |
| FY2017 | $14.3B | (5.22%) |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jul 2026 | $6.5B | 18.93% |
| Apr 2026 | $5.5B | 25.00% |
| Jan 2026 | $4.4B | (27.86%) |
| Oct 2025 | $6.1B | (14.87%) |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| WMT Walmart Inc. | $22.5B |
| COST Costco Wholesale Corporation compare | $9.2B |
| TGT Target Corporation compare | $4.4B |
| DG Dollar General Corporation compare | $1.7B |
| DLTR Dollar Tree, Inc. compare | $1.6B |
| BJ BJ's Wholesale Club Holdings, Inc. compare | $594.5M |
| OLLI Ollie's Bargain Outlet Holdings, Inc. compare | $273.6M |
| PSMT PriceSmart, Inc. compare | $160.5M |
| TBBB BBB Foods Inc. compare | −$152.3M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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