← Walmart Inc. (WMT)

Walmart Inc. (WMT) Financials

Q1 FY2027, built from SEC filings. Accession numbers are cited throughout so every figure can be checked against sec.gov. The same data is published as JSON at financials.json for agents that prefer to fetch it directly.

Download financials.json

About this file

Ticker	WMT
CIK	0000104169
Company	Walmart Inc.
Business type	retailer
Schema note	Reported on a standard retail/consumer template - revenue, cost of sales, operating income, net income, per-share figures, balance sheet and cash flow - extended with the three reportable segments (Walmart U.S., Walmart International, Sam's Club U.S.), merchandise-category and market revenue splits, eCommerce net sales, and comparable-sales percentages, because those are the figures that make a mass merchandiser legible.
Reporting currency	USD
Converted to USD	no
Units	actual dollars (not millions); share counts in actual shares; per-share amounts in dollars
Fiscal calendar note	Walmart's fiscal year ends January 31. Fiscal 2026 is the year ended January 31, 2026; fiscal 2027 is the year ending January 31, 2027, and its first quarter ended April 30, 2026. U.S. and Canadian operations are consolidated to the January 31 year end; the company consolidates its other international operations generally using a one-month lag on a calendar-year basis.

Annual

	FY2026	FY2025	FY2024
Fiscal year	2026	2025	2024
Period start	2025-02-01	2024-02-01	2023-02-01
Period end	2026-01-31	2025-01-31	2024-01-31
Source accession	0000104169-26-000055	0000104169-26-000055	0000104169-26-000055
Source form	10-K filed 2026-03-13	10-K filed 2026-03-13 (comparative column)	10-K filed 2026-03-13 (comparative column)
Income statement
Net sales	706,413,000,000	674,538,000,000	642,637,000,000
Membership and other income	6,750,000,000	6,447,000,000	5,488,000,000
Total revenues	713,163,000,000	680,985,000,000	648,125,000,000
Cost of sales	535,395,000,000	511,753,000,000	490,142,000,000
Gross profit derived	171,018,000,000	162,785,000,000	152,495,000,000
Gross margin on net sales %	24.21%	24.13%	23.73%
Operating selling general and administrative expenses	147,943,000,000	139,884,000,000	130,971,000,000
Operating income	29,825,000,000	29,348,000,000	27,012,000,000
Operating margin on total revenues %	4.18%	4.31%	4.17%
Interest on debt	2,318,000,000	2,249,000,000	2,259,000,000
Interest on finance leases	481,000,000	479,000,000	424,000,000
Interest income	-368,000,000	-483,000,000	-546,000,000
Interest net	2,431,000,000	2,245,000,000	2,137,000,000
Other gains and losses	-2,075,000,000	794,000,000	3,027,000,000
Income before income taxes	29,469,000,000	26,309,000,000	21,848,000,000
Provision for income taxes	7,199,000,000	6,152,000,000	5,578,000,000
Effective tax rate %	24.43%	23.38%	25.53%
Consolidated net income	22,270,000,000	20,157,000,000	16,270,000,000
Net income attributable to noncontrolling interest	377,000,000	721,000,000	759,000,000
Net income attributable to walmart	21,893,000,000	19,436,000,000	15,511,000,000
Basic EPS	2.74	2.42	1.92
Diluted EPS	2.73	2.41	1.91
Weighted average basic shares	7,983,000,000	8,041,000,000	8,077,000,000
Weighted average diluted shares	8,022,000,000	8,081,000,000	8,108,000,000
Dividends declared per share	0.94	0.83	0.76
Balance sheet
Cash and cash equivalents	10,727,000,000	9,037,000,000
Receivables net	11,172,000,000	9,975,000,000
Inventories	58,851,000,000	56,435,000,000
Prepaid expenses and other	4,124,000,000	4,011,000,000
Total current assets	84,874,000,000	79,458,000,000
Property and equipment net	136,083,000,000	119,993,000,000
Operating lease right of use assets	14,750,000,000	13,599,000,000
Finance lease right of use assets net	6,123,000,000	6,112,000,000
Goodwill	28,735,000,000	28,792,000,000
Other long term assets	14,103,000,000	12,869,000,000
Total assets	284,668,000,000	260,823,000,000	252,399,000,000
Short term borrowings	6,596,000,000	3,068,000,000
Accounts payable	63,061,000,000	58,666,000,000
Accrued liabilities	31,187,000,000	29,345,000,000
Accrued income taxes	596,000,000	608,000,000
Long term debt due within one year	3,542,000,000	2,598,000,000
Operating lease obligations due within one year	1,631,000,000	1,499,000,000
Finance lease obligations due within one year	856,000,000	800,000,000
Total current liabilities	107,469,000,000	96,584,000,000
Long term debt	34,624,000,000	33,401,000,000
Long term operating lease obligations	13,941,000,000	12,825,000,000
Long term finance lease obligations	5,905,000,000	5,923,000,000
Deferred income taxes and other	16,549,000,000	14,398,000,000
Total liabilities derived	178,488,000,000	163,131,000,000
Redeemable noncontrolling interest	293,000,000	271,000,000
Common stock	797,000,000	802,000,000	805,000,000
Capital in excess of par value	6,816,000,000	5,503,000,000	4,544,000,000
Retained earnings	104,774,000,000	98,313,000,000	89,814,000,000
Accumulated other comprehensive loss	-12,770,000,000	-13,605,000,000	-11,302,000,000
Total walmart shareholders equity	99,617,000,000	91,013,000,000	83,861,000,000
Nonredeemable noncontrolling interest	6,270,000,000	6,408,000,000	6,488,000,000
Total shareholders equity	105,887,000,000	97,421,000,000	90,349,000,000
Total debt borrowings only derived	44,762,000,000	39,067,000,000
Total debt including finance leases derived	51,523,000,000	45,790,000,000
Total debt including finance and operating leases derived	67,095,000,000	60,114,000,000
Working capital derived	-22,595,000,000	-17,126,000,000
Long term debt including amounts due within one year carrying value	38,166,000,000	35,999,000,000
Long term debt including amounts due within one year fair value	36,777,000,000	33,790,000,000
Coverage note			The FY2026 10-K's balance sheet presents only January 31, 2026 and January 31, 2025. These January 31, 2024 amounts are the ones that same 10-K does disclose elsewhere - total assets in the segment note and the equity components in the Consolidated Statements of Shareholders' Equity. A full January 31, 2024 balance sheet is not on the face of this filing.
Cash flow
Consolidated net income	22,270,000,000	20,157,000,000	16,270,000,000
Depreciation and amortization	14,203,000,000	12,973,000,000	11,853,000,000
Investment gains and losses net	-2,016,000,000	878,000,000	3,193,000,000
Deferred income taxes	2,277,000,000	-635,000,000	-175,000,000
Other operating activities	4,079,000,000	2,889,000,000	2,642,000,000
Change in receivables net	-1,136,000,000	-1,106,000,000	-797,000,000
Change in inventories	-1,443,000,000	-2,755,000,000	2,017,000,000
Change in accounts payable	1,611,000,000	3,228,000,000	2,515,000,000
Change in accrued liabilities	1,607,000,000	379,000,000	-1,324,000,000
Change in accrued income taxes	113,000,000	435,000,000	-468,000,000
Net cash provided by operating activities	41,565,000,000	36,443,000,000	35,726,000,000
Payments for property and equipment capex	-26,642,000,000	-23,783,000,000	-20,606,000,000
Proceeds from disposal of property and equipment	106,000,000	432,000,000	250,000,000
Proceeds from disposal of certain strategic investments	927,000,000	4,080,000,000	n/a
Payments for business acquisitions net of cash acquired	-53,000,000	-1,896,000,000	-9,000,000
Other investing activities	-688,000,000	-212,000,000	-922,000,000
Net cash used in investing activities	-26,350,000,000	-21,379,000,000	-21,287,000,000
Net change in short term borrowings	3,523,000,000	2,212,000,000	512,000,000
Proceeds from issuance of long term debt	3,983,000,000	n/a	4,967,000,000
Repayments of long term debt	-2,625,000,000	-3,468,000,000	-4,217,000,000
Dividends paid	-7,507,000,000	-6,688,000,000	-6,140,000,000
Purchase of company stock	-8,088,000,000	-4,494,000,000	-2,779,000,000
Dividends paid to noncontrolling interest	-439,000,000	-576,000,000	-763,000,000
Purchase of noncontrolling interest	n/a	n/a	-3,462,000,000
Sale of subsidiary stock	111,000,000	362,000,000	716,000,000
Other financing activities	-2,511,000,000	-2,170,000,000	-2,248,000,000
Net cash used in financing activities	-13,553,000,000	-14,822,000,000	-13,414,000,000
Effect of exchange rates on cash	123,000,000	-641,000,000	69,000,000
Net increase decrease in cash and restricted cash	1,785,000,000	-399,000,000	1,094,000,000
Cash and restricted cash beginning of year	9,536,000,000	9,935,000,000	8,841,000,000
Cash and restricted cash end of year	11,321,000,000	9,536,000,000	9,935,000,000
Income taxes paid	5,364,000,000	5,884,000,000	5,879,000,000
Interest paid	2,793,000,000	2,739,000,000	2,519,000,000
Free cash flow	14,923,000,000	12,660,000,000	15,120,000,000
Free cash flow as reconciled by the company	14,923,000,000	12,660,000,000	15,120,000,000
Segments
Walmart US
Net sales	482,975,000,000	462,415,000,000	441,817,000,000
Membership and other income	2,624,000,000	2,594,000,000	1,985,000,000
Total revenues	485,599,000,000	465,009,000,000	443,802,000,000
Cost of sales	350,360,000,000	336,451,000,000	323,563,000,000
Operating selling general and administrative expenses	110,081,000,000	104,676,000,000	98,085,000,000
Operating income	25,158,000,000	23,882,000,000	22,154,000,000
Operating margin on total revenues %	5.18%	5.14%	4.99%
Walmart international
Net sales	130,423,000,000	121,885,000,000	114,641,000,000
Membership and other income	1,565,000,000	1,478,000,000	1,408,000,000
Total revenues	131,988,000,000	123,363,000,000	116,049,000,000
Cost of sales	102,576,000,000	95,267,000,000	89,831,000,000
Operating selling general and administrative expenses	24,309,000,000	22,595,000,000	21,309,000,000
Operating income	5,103,000,000	5,501,000,000	4,909,000,000
Operating margin on total revenues %	3.87%	4.46%	4.23%
Sams club US
Net sales	93,015,000,000	90,238,000,000	86,179,000,000
Membership and other income	2,525,000,000	2,323,000,000	2,051,000,000
Total revenues	95,540,000,000	92,561,000,000	88,230,000,000
Cost of sales	82,459,000,000	80,035,000,000	76,748,000,000
Operating selling general and administrative expenses	10,639,000,000	10,122,000,000	9,290,000,000
Operating income	2,442,000,000	2,404,000,000	2,192,000,000
Operating margin on total revenues %	2.56%	2.6%	2.48%
Corporate and support
Membership and other income	36,000,000	52,000,000	44,000,000
Operating selling general and administrative expenses	2,914,000,000	2,491,000,000	2,287,000,000
Operating loss	-2,878,000,000	-2,439,000,000	-2,243,000,000
Segment assets da and capex
Walmart US
Total assets	165,627,000,000	150,006,000,000	137,782,000,000
Depreciation and amortization	9,390,000,000	8,549,000,000	7,671,000,000
Capital expenditures	20,157,000,000	16,466,000,000	13,877,000,000
Walmart international
Total assets	86,093,000,000	80,016,000,000	86,136,000,000
Depreciation and amortization	2,304,000,000	2,260,000,000	2,159,000,000
Capital expenditures	3,197,000,000	3,178,000,000	2,911,000,000
Sams club US
Total assets	17,186,000,000	16,862,000,000	15,682,000,000
Depreciation and amortization	782,000,000	706,000,000	642,000,000
Capital expenditures	914,000,000	1,212,000,000	1,041,000,000
Corporate and support
Total assets	15,762,000,000	13,939,000,000	12,799,000,000
Depreciation and amortization	1,727,000,000	1,458,000,000	1,381,000,000
Capital expenditures	2,374,000,000	2,927,000,000	2,777,000,000
Disaggregated revenue
Walmart US net sales by merchandise category
Grocery	285,482,000,000	276,003,000,000	264,210,000,000
General merchandise	115,060,000,000	113,921,000,000	113,985,000,000
Health and wellness	69,547,000,000	62,092,000,000	54,898,000,000
Other	12,886,000,000	10,399,000,000	8,724,000,000
Total	482,975,000,000	462,415,000,000	441,817,000,000
Walmart US ecommerce net sales approx	99,600,000,000	79,300,000,000	65,400,000,000
Walmart international net sales by market
Mexico and central america	52,492,000,000	51,970,000,000	49,726,000,000
China	24,623,000,000	19,975,000,000	17,011,000,000
Canada	23,724,000,000	23,035,000,000	22,639,000,000
Other	29,584,000,000	26,905,000,000	25,265,000,000
Total	130,423,000,000	121,885,000,000	114,641,000,000
Walmart international ecommerce net sales approx	35,800,000,000	29,500,000,000	24,800,000,000
Sams club US net sales by merchandise category
Grocery	64,706,000,000	61,253,000,000	57,565,000,000
Fuel and other	11,570,000,000	12,960,000,000	13,707,000,000
General merchandise	11,549,000,000	11,215,000,000	10,947,000,000
Health and wellness	5,190,000,000	4,810,000,000	3,960,000,000
Total	93,015,000,000	90,238,000,000	86,179,000,000
Sams club US ecommerce net sales approx	15,000,000,000	12,100,000,000	9,900,000,000
Operating metrics
Calendar comparable sales with fuel %
Walmart US	4.3	4.8	5.5
Sams club US	2.9	4.7	2.3
Calendar comparable sales fuel impact %
Walmart US	0.0	-0.1
Sams club US	-1.9	-1.5
Ecommerce contribution to comparable sales %
Walmart US	4.3	2.9
Sams club US	3.3	2.3
Revenues by geography
US operations	581,175,000,000	557,622,000,000	532,076,000,000
Non US operations	131,988,000,000	123,363,000,000	116,049,000,000
Total	713,163,000,000	680,985,000,000	648,125,000,000
Long lived assets by geography
US operations	128,366,000,000	115,250,000,000	104,480,000,000
Non US operations	28,590,000,000	24,455,000,000	25,858,000,000
Total	156,956,000,000	139,705,000,000	130,338,000,000
Retail unit counts as of 2026 01 31
Walmart US supercenters	3,566
Walmart US discount stores	351
Walmart US neighborhood markets and other small formats	694
Walmart US total	4,611
Sams club US	601
US total	5,212
Walmart international retail	5,398
Walmart international wholesale	345
Walmart international total	5,743
Square feet thousands as of 2026 01 31
Walmart US total	698,708
Sams club US	80,502
US total	779,210
Walmart international total	277,619
Sams club US total fuel related expenses	8,700,000,000	9,900,000,000	10,600,000,000

Quarterly

	Q1 fiscal 2027 (three months ended April 30, 2026)	Q1 fiscal 2026 (three months ended April 30, 2025) - prior-year comparative
Fiscal year	2027	2026
Fiscal quarter	Q1	Q1
Label	Q1 fiscal 2027 (three months ended April 30, 2026)	Q1 fiscal 2026 (three months ended April 30, 2025) - prior-year comparative
Period start	2026-02-01	2025-02-01
Period end	2026-04-30	2025-04-30
Source accession	0000104169-26-000102	0000104169-26-000102
Source form	10-Q filed 2026-05-29	10-Q filed 2026-05-29 (comparative column)
Income statement
Net sales	175,684,000,000	163,981,000,000
Membership and other income	2,067,000,000	1,628,000,000
Total revenues	177,751,000,000	165,609,000,000
Cost of sales	133,058,000,000	124,303,000,000
Gross profit derived	42,626,000,000	39,678,000,000
Gross margin on net sales %	24.26%	24.2%
Operating selling general and administrative expenses	37,200,000,000	34,171,000,000
Operating income	7,493,000,000	7,135,000,000
Operating margin on total revenues %	4.22%	4.31%
Interest on debt	574,000,000	519,000,000
Interest on finance leases	125,000,000	118,000,000
Interest income	-79,000,000	-93,000,000
Interest net	620,000,000	544,000,000
Other gains and losses	-275,000,000	597,000,000
Income before income taxes	7,148,000,000	5,994,000,000
Provision for income taxes	1,658,000,000	1,355,000,000
Effective tax rate %	23.2%	22.61%
Consolidated net income	5,490,000,000	4,639,000,000
Net income attributable to noncontrolling interest	160,000,000	152,000,000
Net income attributable to walmart	5,330,000,000	4,487,000,000
Basic EPS	0.67	0.56
Diluted EPS	0.67	0.56
Weighted average basic shares	7,969,000,000	8,011,000,000
Weighted average diluted shares	7,999,000,000	8,051,000,000
Dividends declared per share	0.99	0.94
Balance sheet
Cash and cash equivalents	10,729,000,000	9,311,000,000
Receivables net	10,662,000,000	9,686,000,000
Inventories	62,570,000,000	57,467,000,000
Prepaid expenses and other	4,433,000,000	3,789,000,000
Total current assets	88,394,000,000	80,253,000,000
Property and equipment net	137,789,000,000	121,261,000,000
Operating lease right of use assets	15,220,000,000	13,567,000,000
Finance lease right of use assets net	6,033,000,000	6,056,000,000
Goodwill	28,152,000,000	28,866,000,000
Other long term assets	14,019,000,000	12,369,000,000
Total assets	289,607,000,000	262,372,000,000
Short term borrowings	10,673,000,000	5,595,000,000
Accounts payable	62,876,000,000	57,700,000,000
Dividends payable	5,921,000,000	5,660,000,000
Accrued liabilities	27,530,000,000	26,085,000,000
Accrued income taxes	1,174,000,000	1,465,000,000
Long term debt due within one year	3,896,000,000	4,085,000,000
Operating lease obligations due within one year	1,662,000,000	1,539,000,000
Finance lease obligations due within one year	851,000,000	791,000,000
Total current liabilities	114,583,000,000	102,920,000,000
Long term debt	36,887,000,000	36,520,000,000
Long term operating lease obligations	14,388,000,000	12,797,000,000
Long term finance lease obligations	5,822,000,000	5,878,000,000
Deferred income taxes and other	16,952,000,000	13,609,000,000
Total liabilities derived	188,632,000,000	171,724,000,000
Redeemable noncontrolling interest	293,000,000	307,000,000
Common stock	796,000,000	799,000,000
Capital in excess of par value	6,898,000,000	5,441,000,000
Retained earnings	100,241,000,000	90,849,000,000
Accumulated other comprehensive loss	-13,605,000,000	-13,296,000,000
Total walmart shareholders equity	94,330,000,000	83,793,000,000
Nonredeemable noncontrolling interest	6,352,000,000	6,548,000,000
Total shareholders equity	100,682,000,000	90,341,000,000
Total debt borrowings only derived	51,456,000,000	46,200,000,000
Total debt including finance leases derived	58,129,000,000	52,869,000,000
Total debt including finance and operating leases derived	74,179,000,000	67,205,000,000
Working capital derived	-26,189,000,000	-22,667,000,000
Cash flow
Consolidated net income	5,490,000,000	4,639,000,000
Depreciation and amortization	3,821,000,000	3,369,000,000
Investment gains and losses net	-260,000,000	551,000,000
Deferred income taxes	640,000,000	-76,000,000
Other operating activities	411,000,000	501,000,000
Change in receivables net	395,000,000	268,000,000
Change in inventories	-3,833,000,000	-807,000,000
Change in accounts payable	1,177,000,000	-310,000,000
Change in accrued liabilities	-3,351,000,000	-3,627,000,000
Change in accrued income taxes	248,000,000	903,000,000
Net cash provided by operating activities	4,738,000,000	5,411,000,000
Payments for property and equipment capex	-6,684,000,000	-4,986,000,000
Proceeds from disposal of property and equipment	36,000,000	25,000,000
Other investing activities	-89,000,000	-132,000,000
Net cash used in investing activities	-6,737,000,000	-5,093,000,000
Net change in short term borrowings	4,130,000,000	2,521,000,000
Proceeds from issuance of long term debt	4,230,000,000	3,983,000,000
Repayments of long term debt	-1,504,000,000	n/a
Dividends paid	-1,972,000,000	-1,880,000,000
Purchase of company stock	-2,080,000,000	-4,555,000,000
Other financing activities	-476,000,000	-61,000,000
Net cash provided by financing activities	2,328,000,000	8,000,000
Effect of exchange rates on cash	-331,000,000	70,000,000
Net increase decrease in cash and restricted cash	-2,000,000	396,000,000
Cash and restricted cash beginning of period	11,321,000,000	9,536,000,000
Cash and restricted cash end of period	11,319,000,000	9,932,000,000
Free cash flow	-1,946,000,000	425,000,000
Free cash flow as reconciled by the company	-1,946,000,000	425,000,000
Segments
Walmart US
Net sales	117,169,000,000	112,163,000,000
Membership and other income	926,000,000	636,000,000
Total revenues	118,095,000,000	112,799,000,000
Cost of sales	84,640,000,000	81,352,000,000
Operating selling general and administrative expenses	27,558,000,000	25,751,000,000
Operating income	5,897,000,000	5,696,000,000
Operating margin on total revenues %	4.99%	5.05%
Walmart international
Net sales	35,110,000,000	29,754,000,000
Membership and other income	425,000,000	379,000,000
Total revenues	35,535,000,000	30,133,000,000
Cost of sales	27,687,000,000	23,464,000,000
Operating selling general and administrative expenses	6,246,000,000	5,376,000,000
Operating income	1,602,000,000	1,293,000,000
Operating margin on total revenues %	4.51%	4.29%
Sams club US
Net sales	23,405,000,000	22,064,000,000
Membership and other income	674,000,000	607,000,000
Total revenues	24,079,000,000	22,671,000,000
Cost of sales	20,731,000,000	19,487,000,000
Operating selling general and administrative expenses	2,674,000,000	2,518,000,000
Operating income	674,000,000	666,000,000
Operating margin on total revenues %	2.8%	2.94%
Corporate and support
Membership and other income	42,000,000	6,000,000
Operating selling general and administrative expenses	722,000,000	526,000,000
Operating loss	-680,000,000	-520,000,000
Segment assets da and capex
Walmart US
Total assets	170,738,000,000
Depreciation and amortization	2,509,000,000	2,240,000,000
Capital expenditures	5,011,000,000	3,772,000,000
Walmart international
Total assets	86,016,000,000
Depreciation and amortization	631,000,000	549,000,000
Capital expenditures	821,000,000	481,000,000
Sams club US
Total assets	18,111,000,000
Depreciation and amortization	203,000,000	189,000,000
Capital expenditures	274,000,000	144,000,000
Corporate and support
Total assets	14,742,000,000
Depreciation and amortization	478,000,000	391,000,000
Capital expenditures	578,000,000	589,000,000
Disaggregated revenue
Walmart US net sales by merchandise category
Grocery	70,696,000,000	67,831,000,000
General merchandise	26,420,000,000	25,276,000,000
Health and wellness	16,355,000,000	16,244,000,000
Other	3,698,000,000	2,812,000,000
Total	117,169,000,000	112,163,000,000
Walmart US ecommerce net sales approx	27,100,000,000	21,400,000,000
Walmart international net sales by market
Mexico and central america	13,847,000,000	11,714,000,000
China	8,454,000,000	6,579,000,000
Canada	5,727,000,000	5,145,000,000
Other	7,082,000,000	6,316,000,000
Total	35,110,000,000	29,754,000,000
Walmart international ecommerce net sales approx	9,700,000,000	7,700,000,000
Sams club US net sales by merchandise category
Grocery	16,102,000,000	15,443,000,000
Fuel and other	3,443,000,000	2,851,000,000
General merchandise	2,649,000,000	2,536,000,000
Health and wellness	1,211,000,000	1,234,000,000
Total	23,405,000,000	22,064,000,000
Sams club US ecommerce net sales approx	4,100,000,000	3,300,000,000
Operating metrics
Calendar comparable sales with fuel %
Walmart US	4.3	3.1
Sams club US	5.9	2.8
Calendar comparable sales fuel impact %
Walmart US	0.3	0.0
Sams club US	2.1	-2.6
Ecommerce contribution to comparable sales %
Walmart US	5.2
Sams club US	3.1
Sams club US total fuel related cost of sales and sgna	2,700,000,000	2,200,000,000
Shares outstanding on cover	7,958,079,155
Shares outstanding as of	2026-05-27

Trailing twelve months

	twelve months ended April 30, 2026
Period	twelve months ended April 30, 2026
Derivation	fiscal 2026 full year (from the 10-K) minus the three months ended April 30, 2025 plus the three months ended April 30, 2026 (both from the 10-Q).
Source accessions	0000104169-26-000055; 0000104169-26-000102
Total revenues	725,305,000,000
Operating income	30,183,000,000
Operating margin %	4.16%
Consolidated net income	23,121,000,000
Net income attributable to walmart	22,736,000,000
Net margin on total revenues %	3.13%
Diluted EPS sum of reported periods	2.84
Net cash provided by operating activities	40,892,000,000
Payments for property and equipment capex	-28,340,000,000
Free cash flow	12,552,000,000

Units notes seen

	Value
FY2026 10-K Consolidated Statements of Income	(Amounts in millions, except per share data)
FY2026 10-K Consolidated Statements of Comprehensive Income	(Amounts in millions)
FY2026 10-K Consolidated Balance Sheets	(Amounts in millions)
FY2026 10-K Consolidated Statements of Shareholders' Equity	(Amounts in millions) - the share-count column is headed 'Shares' within the same millions-scaled table
FY2026 10-K Consolidated Statements of Cash Flows	(Amounts in millions)
FY2026 10-K Note 11, Segments and Disaggregated Revenue	(Amounts in millions)
FY2026 10-K free cash flow reconciliation (MD&A)	(Amounts in millions)
FY2026 10-K long-term debt fair value table (Note 7)	(Amounts in millions)
FY2026 10-K cover page share count	stated in whole shares: 'The registrant had 7,972,402,501 shares of common stock outstanding as of March 11, 2026.'
Q1 FY2027 10-Q Condensed Consolidated Statements of Income	(Amounts in millions, except per share data)
Q1 FY2027 10-Q Condensed Consolidated Balance Sheets	(Amounts in millions)
Q1 FY2027 10-Q Condensed Consolidated Statements of Cash Flows	(Amounts in millions)
Q1 FY2027 10-Q Note 6, Segments and Disaggregated Revenue	(Amounts in millions)
Q1 FY2027 10-Q cover page share count	stated in whole shares: 'The registrant had 7,958,079,155 shares of common stock outstanding as of May 27, 2026.'

Adjustments

	Value
Splits applied
1.
Split	3-for-1 forward stock split, effective February 26, 2024
Treatment	No further split adjustment is required. Every per-share amount and weighted-average share count in the FY2026 10-K and the Q1 FY2027 10-Q - including the FY2024 comparative column, whose fiscal year ended January 31, 2024, before the split date - is already presented on a post-split basis by the company, so the history below is comparable as filed.
ADR ratio	n/a
FX	None applied. Walmart reports in U.S. dollars; no currency conversion was required. The company notes that currency exchange rate movements reduced consolidated net sales by $2.8 billion in fiscal 2026 and $3.2 billion in fiscal 2025, but those effects are already inside the reported figures.

	Value
Shares outstanding 2026 03 11	7,972,402,501
Shares outstanding 2026 03 11 source	cover page of the FY2026 10-K (accession 0000104169-26-000055)
Shares outstanding 2026 05 27	7,958,079,155
Shares outstanding 2026 05 27 source	cover page of the Q1 fiscal 2027 10-Q (accession 0000104169-26-000102)
Note	These are actual shares outstanding on the cover dates. The weighted-average basic and diluted counts inside each period block come from the income statements, where they are presented in millions.

Dividends

	Value
Fiscal 2027 annual rate per share	0.99
Fiscal 2026 annual rate per share	0.94
Fiscal 2025 annual rate per share	0.83
Fiscal 2024 annual rate per share	0.76
Fiscal 2027 quarterly installment per share	0.2475
Note	Effective February 19, 2026 the board approved the fiscal 2027 annual dividend of $0.99 per share, payable in four quarterly installments of $0.2475, as disclosed in the subsequent-events note of the FY2026 10-K (accession 0000104169-26-000055). Under Walmart's presentation the full annual dividend is declared in the first quarter, which is why the first-quarter income statement shows dividends declared per share of $0.99 while cash dividends paid in the quarter were about $2.0 billion.

Notes

All figures are stated in actual dollars. Both source filings present their statements in millions (the FY2026 10-K income statement is headed '(Amounts in millions, except per share data)'; the balance sheet, cash flow statement and segment note are headed '(Amounts in millions)'), so every dollar amount here is the figure printed in the filing restated in full dollars. Per-share amounts and the cover-page share counts stand at face value, being already expressed in dollars and whole shares.
Annual coverage is what the FY2026 10-K (accession 0000104169-26-000055) itself presents: three years of income statement and cash flow (fiscal 2026, 2025 and 2024) and two years of balance sheet (January 31, 2026 and January 31, 2025). For January 31, 2024 only the items the same 10-K discloses elsewhere are carried here - total assets from the segment note and the equity components from the Consolidated Statements of Shareholders' Equity. The annual history therefore begins with fiscal 2024.
Quarterly coverage is the Q1 fiscal 2027 10-Q (accession 0000104169-26-000102), which covers the three months ended April 30, 2026, together with the prior-year three months ended April 30, 2025 and the April 30, 2025 comparative balance sheet that the same filing presents.
Walmart does not present a gross profit line. The 'gross_profit_derived' figure is net sales less cost of sales, computed here; the company's own cost of sales includes merchandise cost, inbound and outbound transportation, and the cost of warehousing for Sam's Club, while store and club operating costs sit in operating, selling, general and administrative expenses. Gross margin is expressed against net sales, not against total revenues, because membership and other income carries no cost of sales.
Total debt is not a line item in the filings. Three derived measures are given for each balance sheet date: borrowings only (short-term borrowings plus long-term debt due within one year plus long-term debt); borrowings plus finance lease obligations; and borrowings plus finance and operating lease obligations. At January 31, 2026 these are $44.8 billion, $51.5 billion and $67.1 billion respectively. The FY2026 10-K separately discloses that long-term debt including amounts due within one year had a carrying value of $38,166 million and a fair value of $36,777 million at January 31, 2026.
Free cash flow is Walmart's own non-GAAP definition - net cash provided by operating activities less payments for property and equipment - and the FY2026 10-K reconciles it to $14,923 million for fiscal 2026, $12,660 million for fiscal 2025 and $15,120 million for fiscal 2024. The 10-Q reconciles negative $1,946 million for the quarter ended April 30, 2026 against positive $425 million a year earlier; the first quarter is seasonally the heaviest for inventory build and capital spending, so a negative first-quarter figure is not by itself a change in the annual trend.
The 10-Q states that beginning in February 2026 the company updated its segment allocation methodology for certain corporate overhead allocations and revised the prior-period amounts for comparability. The quarterly segment operating income shown here for the three months ended April 30, 2025 is therefore the revised figure as presented in the Q1 fiscal 2027 10-Q, which will not tie to what was originally reported for that quarter a year earlier. Consolidated operating income is unaffected. The annual segment figures come from the FY2026 10-K and are on the pre-revision basis.
Walmart's 3-for-1 forward stock split took effect February 26, 2024. Both source filings present all per-share amounts and weighted-average share counts on a post-split basis, including the fiscal 2024 comparative column whose year ended January 31, 2024 - before the split date. No additional split adjustment has been applied here, and the per-share history is comparable across all periods shown.
Other (gains) and losses swung from a $3,027 million loss in fiscal 2024 and a $794 million loss in fiscal 2025 to a $2,075 million gain in fiscal 2026. The FY2026 10-K attributes this mainly to fair value changes on the company's equity and debt investments, whose fair value rose $1.5 billion during fiscal 2026; fiscal 2025 included a $0.3 billion realized loss on the sale of the JD.com investment for roughly $3.6 billion of net proceeds. This is an investment-mark line, not an operating result, and it is the main reason net income grew faster than operating income in fiscal 2026.
eCommerce net sales are disclosed by the company as approximate amounts stated to the nearest $0.1 billion (for example, 'approximately $99.6 billion' for Walmart U.S. in fiscal 2026). They are recorded here at that stated precision and should be read as approximations, not as exact reported amounts.
Comparable sales percentages here are Walmart's calendar comparable sales, calculated on the company's fiscal calendar. The company notes these can differ from the retail (4-5-4) calendar comparable sales it gives in its quarterly earnings releases.
Effective tax rate is derived as the provision for income taxes divided by income before income taxes. It rose to 24.4% in fiscal 2026 from 23.4% in fiscal 2025 and 25.5% in fiscal 2024.

Uncertainties

No full balance sheet as of January 31, 2024 appears in either filing, because the FY2026 10-K presents only two balance sheet dates. The fiscal 2024 balance sheet block is therefore partial - total assets and the equity components only - and cash, inventories, debt and the remaining line items for that date are not available from these filings.
Segment operating income for the three months ended April 30, 2025 reflects the revised corporate-overhead allocation methodology adopted in February 2026. Comparing that quarter's segment margins against the annual fiscal 2026 segment figures, which are on the earlier basis, is not strictly apples-to-apples. The size of the reallocation is not quantified in the 10-Q.
The trailing-twelve-month figures are derived from the two filings rather than reported as such by the company. The trailing diluted earnings per share of $2.84 is the sum of the reported period figures and will differ slightly from net income divided by a trailing weighted-average share count, because the share count changed across the periods.
The company is participating in the U.S. Customs and Border Protection process for refunds of tariffs it paid as importer of record under the International Emergency Economic Powers Act, and states that the timing, amounts and ultimate resolution remain uncertain. No amounts were recognized for these claims in the three months ended April 30, 2026, so none appear in the figures here.
Retail unit counts and square footage are as of January 31, 2026 from the FY2026 10-K business section and are not updated for the quarter ended April 30, 2026; the 10-Q does not restate them.
The fiscal 2026 dividend of $0.94 per share declared does not tie to the $7,507 million of dividends paid in fiscal 2026 divided by the share count, because declaration and payment fall in different periods under Walmart's annual-declaration convention. Both figures are as filed; the difference is timing, not a discrepancy.

Company details

	Value
Name	Walmart Inc.
Ticker	WMT
CIK	0000104169
Exchange	Nasdaq
State	Arkansas
Incorporation	Delaware
SIC	5331
Office	Trade & Services
Industry	Retail-Variety Stores

Next filing

	Value
Predicted date	2026-08-28
Predicted type	10-Q

Fiscal period

	FY2027
Fiscal year	2027
Fiscal period	Q1
Tag	FY27Q1
Period end	2026-04-30
Form	10-Q
Accession	0000104169-26-000102
Fiscal year end	0131
Source	facts

Built from Walmart Inc.'s SEC filings by Ticker Scout. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer. Also for this company: company index, financials.json, index.json.