Walmart Inc. (WMT) FY2026 Q2 P&L / Income Statement
2025-05-01 to 2025-07-31
Revenue by Product and Service
2025-05-01 to 2025-07-31
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Walmart Inc. (WMT) FY2026 Q2 P&L / Income Statement
Income statement for 2025-05-01 through 2025-07-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 177,402,000,000 US dollars
- Cost of sales
- 132,771,000,000 US dollars
- Gross profit (calculated)
- 44,631,000,000 US dollars
- Operating expenses (calculated)
- 37,345,000,000 US dollars
- Operating income
- 7,286,000,000 US dollars
- Other income (expense), net (calculated)
- 2,033,000,000 US dollars
- Income before income taxes
- 9,319,000,000 US dollars
- Provision for income taxes
- 2,168,000,000 US dollars
- Consolidated net income
- 7,151,000,000 US dollars
- Net sales
- 175,750,000,000 US dollars
- Membership and other income
- 1,652,000,000 US dollars
- Operating, selling, general and administrative expenses
- 37,345,000,000 US dollars
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Walmart Inc.: $7.03 B; to noncontrolling interests: $125.00 M.

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Gross margin
25.2%
Gross profit / revenue
Operating margin
4.1%
Operating profit / revenue
Cash conversion
181.0%
Operating cash / net income, same period
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