Financial statements

Walmart Inc.

WMT

The tables show figures Walmart Inc. filed with the SEC, in the currency it filed in (USD). A † marks totals or quarters calculated from filed lines. Nothing here is a forecast. By fiscal year · By quarter · What moved

Latest annual figures

Walmart Inc.: annual revenue and profit

Walmart Inc. reported annual revenue of $713.2bn (USD) for the fiscal year ending 31 Jan 2026.

Walmart Inc. reported annual net income of $21.9bn (USD) for the fiscal year ending 31 Jan 2026.

These are annual figures. The company report's headline twelve-month figures use an available twelve-month window from the filings and are missing when none can be calculated.

Read the WMT company report · Browse WMT filings on SEC EDGAR

By fiscal year

Fiscal year	Over the period	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
What it earned
RevenueWhat it sold, before any costs	+47%	$713.2bn	$681.0bn	$648.1bn	$611.3bn	$572.8bn	$559.2bn	$524.0bn	$514.4bn	$500.3bn	$485.9bn
Selling & administrative costsSpent on running the business and selling	+45%	$147.9bn	$139.9bn	$131.0bn	$127.1bn	$117.8bn	$116.3bn	$108.8bn	$107.1bn	$106.5bn	$101.9bn
Restructuring chargesOne-off costs of closing or reorganising		—	—	—	—	—	—	—	—	$1.2bn	—
Operating profitProfit from the business itself	+31%	$29.8bn	$29.3bn	$27.0bn	$20.4bn	$25.9bn	$22.5bn	$20.6bn	$22.0bn	$20.4bn	$22.8bn
InterestPaid to lenders		$2.3bn	$2.2bn	-$2.1bn	-$1.9bn	-$1.8bn	-$2.2bn	-$2.4bn	-$2.1bn	-$2.2bn	-$2.3bn
TaxPaid in tax	+16%	$7.2bn	$6.2bn	$5.6bn	$5.7bn	$4.8bn	$6.9bn	$4.9bn	$4.3bn	$4.6bn	$6.2bn
Net incomeWhat was left after everything	+60%	$21.9bn	$19.4bn	$15.5bn	$11.7bn	$13.7bn	$13.5bn	$14.9bn	$6.7bn	$9.9bn	$13.6bn
Diluted EPSThat profit, per share	-38%	$2.73	$2.41	$1.91	$4.27	$4.87	$4.75	$5.19	$2.26	$3.28	$4.38
What it owns and owes
Cash & equivalentsCash it can spend today	+56%	$10.7bn	$9.0bn	$9.9bn	$8.6bn	$14.8bn	$17.7bn	$9.5bn	$7.7bn	$6.8bn	$6.9bn
InventoryGoods not yet sold	+37%	$58.9bn	$56.4bn	$54.9bn	$56.6bn	$56.5bn	$44.9bn	$44.4bn	$44.3bn	$43.8bn	$43.0bn
Current assetsWhat it owns that turns to cash within a year	+47%	$84.9bn	$79.5bn	$76.9bn	$75.7bn	$81.1bn	$90.1bn	$61.8bn	$61.9bn	$59.7bn	$57.7bn
Total assetsEverything it owns	+43%	$284.7bn	$260.8bn	$252.4bn	$243.2bn	$244.9bn	$252.5bn	$236.5bn	$219.3bn	$204.5bn	$198.8bn
Current liabilitiesWhat it owes within a year	+61%	$107.5bn	$96.6bn	$92.4bn	$92.2bn	$87.4bn	$92.6bn	$77.8bn	$77.5bn	$78.5bn	$66.9bn
Short-term debtBorrowing due within a year	+57%	$3.5bn	$2.6bn	$3.4bn	$4.2bn	$2.8bn	$3.1bn	$5.4bn	$1.9bn	$3.7bn	$2.3bn
Long-term debtBorrowing due later	-4%	$34.6bn	$33.4bn	$36.1bn	$34.6bn	$34.9bn	$41.2bn	$43.7bn	$43.5bn	$30.0bn	$36.0bn
Total debtBoth kinds of borrowing together	0%	$38.2bn^†	$36.0bn^†	$39.6bn^†	$38.8bn^†	$37.7bn^†	$44.3bn^†	$49.1bn^†	$45.4bn^†	$33.8bn^†	$38.3bn^†
Shareholders’ equityWhat would be left for owners if it paid off everything	+28%	$99.6bn	$91.0bn	$83.9bn	$76.7bn	$83.3bn	$80.9bn	$74.7bn	$72.5bn	$77.9bn	$77.8bn
Where the cash went
Cash from operationsCash the business itself brought in	+32%	$41.6bn	$36.4bn	$35.7bn	$28.8bn	$24.2bn	$36.1bn	$25.3bn	$27.8bn	$28.3bn	$31.5bn
Cash from investingCash spent on or raised from investments		-$26.4bn	-$21.4bn	-$21.3bn	-$17.7bn	-$6.0bn	-$10.1bn	-$9.1bn	-$24.0bn	-$9.1bn	-$14.0bn
Cash from financingCash raised from or returned to lenders and owners		-$13.6bn	-$14.8bn	-$13.4bn	-$17.0bn	-$22.8bn	-$16.1bn	-$14.3bn	-$2.5bn	-$19.9bn	-$18.9bn
Spending on property & equipmentSpent on property and equipment	+151%	$26.6bn	$23.8bn	$20.6bn	$16.9bn	$13.1bn	$10.3bn	$10.7bn	$10.3bn	$10.1bn	$10.6bn
Depreciation & amortisationWear on what it owns, counted as a cost	+41%	$14.2bn	$13.0bn	$11.9bn	$10.9bn	$10.7bn	$11.2bn	$11.0bn	$10.7bn	$10.5bn	$10.1bn
Debt raisedBorrowed during the period	+2807%	$4.0bn	$0	$5.0bn	$5.0bn	$6.9bn	$0	$5.5bn	$15.9bn	$7.5bn	$137.0m
Debt repaidPaid back during the period	+28%	$2.6bn	$3.5bn	$4.2bn	$2.7bn	$13.0bn	$5.4bn	$1.9bn	$3.8bn	$13.1bn	$2.1bn
AcquisitionsSpent buying other businesses	-98%	$53.0m	$1.9bn	$9.0m	$740.0m	$359.0m	$180.0m	$56.0m	$14.7bn	$375.0m	$2.5bn

† Worked out by us, not filed on its own. Total debt combines filed long-term debt with current debt when reported separately.

By quarter

Quarter ending	Over the period	31 Jul 2026	30 Apr 2026	31 Jan 2026	31 Oct 2025	31 Jul 2025	30 Apr 2025	31 Jan 2025	31 Oct 2024	31 Jul 2024	30 Apr 2024	31 Jan 2024	31 Oct 2023
What it earned
RevenueWhat it sold, before any costs	+17%	$187.9bn	$177.8bn	$190.7bn^†	$179.5bn	$177.4bn	$165.6bn	$180.6bn^†	$169.6bn	$169.3bn	$161.5bn	$173.4bn^†	$160.8bn
Selling & administrative costsSpent on running the business and selling	+19%	$39.8bn	$37.2bn	$38.3bn^†	$38.1bn	$37.3bn	$34.2bn	$36.5bn^†	$35.5bn	$34.6bn	$33.2bn	$34.3bn^†	$33.4bn
Operating profitProfit from the business itself	+51%	$9.4bn	$7.5bn	$8.7bn^†	$6.7bn	$7.3bn	$7.1bn	$7.9bn^†	$6.7bn	$7.9bn	$6.8bn	$7.3bn^†	$6.2bn
InterestPaid to lenders		$137.0m	$574.0m	$585.0m^†	$563.0m	$651.0m	$519.0m	$599.0m^†	$496.0m	$557.0m	-$600.0m	-$549.0m^†	-$537.0m
TaxPaid in tax	+445%	$1.5bn	$1.7bn	$1.6bn^†	$2.1bn	$2.2bn	$1.4bn	$1.5bn^†	$1.4bn	$1.5bn	$1.7bn	$1.8bn^†	$272.0m
Net incomeWhat was left after everything	+1305%	$6.4bn	$5.3bn	$4.2bn^†	$6.1bn	$7.0bn	$4.5bn	$5.3bn^†	$4.6bn	$4.5bn	$5.1bn	$5.5bn^†	$453.0m
Diluted EPSThat profit, per share	+371%	$0.80	$0.67	$0.53^†	$0.77	$0.88	$0.56	$0.66^†	$0.57	$0.56	$0.63	$-1.80^†	$0.17
What it owns and owes
Cash & equivalentsCash it can spend today	-5%	$11.5bn	$10.7bn	$10.7bn	$10.6bn	$9.4bn	$9.3bn	$9.0bn	$10.0bn	$8.8bn	$9.4bn	$9.9bn	$12.2bn
InventoryGoods not yet sold	-4%	$61.6bn	$62.6bn	$58.9bn	$65.4bn	$57.7bn	$57.5bn	$56.4bn	$63.3bn	$55.6bn	$55.4bn	$54.9bn	$64.0bn
Current assetsWhat it owns that turns to cash within a year	0%	$88.7bn	$88.4bn	$84.9bn	$92.9bn	$82.0bn	$80.3bn	$79.5bn	$86.9bn	$76.5bn	$77.2bn	$76.9bn	$88.4bn
Total assetsEverything it owns	+13%	$293.9bn	$289.6bn	$284.7bn	$288.7bn	$270.8bn	$262.4bn	$260.8bn	$263.4bn	$254.4bn	$254.1bn	$252.4bn	$259.2bn
Current liabilitiesWhat it owes within a year	+11%	$115.6bn	$114.6bn	$107.5bn	$115.7bn	$103.6bn	$102.9bn	$96.6bn	$102.6bn	$95.3bn	$96.1bn	$92.4bn	$104.2bn
Short-term debtBorrowing due within a year	+24%	$3.5bn	$3.9bn	$3.5bn	$3.5bn	$4.0bn	$4.1bn	$2.6bn	$3.2bn	$1.5bn	$1.9bn	$3.4bn	$2.8bn
Long-term debtBorrowing due later	0%	$36.5bn	$36.9bn	$34.6bn	$34.4bn	$35.6bn	$36.5bn	$33.4bn	$33.6bn	$35.4bn	$35.9bn	$36.1bn	$36.3bn
Total debtBoth kinds of borrowing together	+2%	$39.9bn^†	$40.8bn^†	$38.2bn^†	$38.0bn^†	$39.7bn^†	$40.6bn^†	$36.0bn^†	$36.9bn^†	$36.9bn^†	$37.8bn^†	$39.6bn^†	$39.1bn^†
Shareholders’ equityWhat would be left for owners if it paid off everything	+24%	$98.2bn	$94.3bn	$99.6bn	$96.1bn	$90.1bn	$83.8bn	$91.0bn	$88.1bn	$84.4bn	$81.3bn	$83.9bn	$79.5bn
Where the cash went
Cash from operationsCash the business itself brought in	+1742%	$15.0bn^†	$4.7bn	$14.1bn^†	$9.1bn^†	$12.9bn^†	$5.4bn	$13.5bn^†	$6.6bn^†	$12.1bn^†	$4.2bn	$16.7bn^†	$813.0m^†
Cash from investingCash spent on or raised from investments		-$7.5bn^†	-$6.7bn	-$7.3bn^†	-$7.8bn^†	-$6.1bn^†	-$5.1bn	-$8.7bn^†	-$2.5bn^†	-$5.7bn^†	-$4.4bn	-$5.9bn^†	-$5.5bn^†
Cash from financingCash raised from or returned to lenders and owners	-329%	-$7.2bn^†	$2.3bn	-$6.5bn^†	-$19.0m^†	-$7.0bn^†	$8.0m	-$5.1bn^†	-$2.7bn^†	-$6.6bn^†	-$321.0m	-$13.2bn^†	$3.1bn^†
Spending on property & equipmentSpent on property and equipment	+37%	$7.5bn^†	$6.7bn	$8.0bn^†	$7.2bn^†	$6.4bn^†	$5.0bn	$7.1bn^†	$6.2bn^†	$5.8bn^†	$4.7bn	$5.9bn^†	$5.5bn^†
Depreciation & amortisationWear on what it owns, counted as a cost	+31%	$3.9bn	$3.8bn	$3.7bn^†	$3.6bn	$3.5bn	$3.4bn	$3.4bn^†	$3.3bn	$3.2bn	$3.1bn	$3.1bn^†	$3.0bn^†
Debt raisedBorrowed during the period		$0^†	$4.2bn	$0^†	$0^†	$0^†	$4.0bn	$0^†	$0^†	$0^†	$0	$0^†	$0^†
Debt repaidPaid back during the period	+433%	$799.0m^†	$1.5bn	$0^†	$1.8bn^†	$875.0m^†	$0	$651.0m^†	$0^†	$1.2bn^†	$1.6bn	$4.0m^†	$150.0m^†
AcquisitionsSpent buying other businesses		—	—	—	—	—	—	—	—	—	—	$0^†	$0^†

† Worked out by us, not filed on its own. Total debt combines filed long-term debt with current debt when reported separately. For other marked lines, the company reports from the start of its year, so the quarter is one running total less the one before it.

What moved

The largest movements in the tables above, with what else moved alongside them. Anything filed near a movement is listed as having been filed near it — that is a date, not a cause.

Revenue rose in each of the last 9 fiscal years

By the numbersOver the same period: operating profit rose 1.6% to $29.8bn.

Also filed around then

16 Jan 2026 — departure or appointment of an officer or director
8 Jan 2026 — departure or appointment of an officer or director
14 Nov 2025 — departure or appointment of an officer or director
22 Oct 2025 — departure or appointment of an officer or director

Cash from operations rose in each of the last 4 fiscal years

By the numbersOver the same period: spending on property & equipment rose 12.0% to $26.6bn, net income rose 12.6% to $21.9bn, inventory rose 4.3% to $58.9bn, depreciation & amortisation rose 9.5% to $14.2bn.

Also filed around then

16 Jan 2026 — departure or appointment of an officer or director
8 Jan 2026 — departure or appointment of an officer or director
14 Nov 2025 — departure or appointment of an officer or director
22 Oct 2025 — departure or appointment of an officer or director

Net income rose in each of the last 3 fiscal years

By the numbersOver the same period: revenue rose 4.7% to $713.2bn, tax rose 17.0% to $7.2bn, operating profit rose 1.6% to $29.8bn, interest rose 3.1% to $2.3bn.

Also filed around then

16 Jan 2026 — departure or appointment of an officer or director
8 Jan 2026 — departure or appointment of an officer or director
14 Nov 2025 — departure or appointment of an officer or director
22 Oct 2025 — departure or appointment of an officer or director

Where this came from

Prices: licensed end-of-day data from Tiingo.
Figures: as filed with the SEC (XBRL facts), for the period ending 2026-07-31.
Calculated figures marked †: total debt combines filed long-term debt with current debt when reported separately; some quarters subtract the prior running total from the latest one.
Built 16 Sept 2026. Reports are rebuilt every night while readers are reading them.