Walgreens Boots AllianceWBAEarnings & Financial Report
Walgreens Boots Alliance, Inc. (WBA) was an American multinational holding company headquartered in Deerfield, Illinois. The company was formed on December 31, 2014, after Walgreens bought the 55% stake in Alliance Boots that it did not already own. The total price of the acquisition was $4.9 billion in cash and 144.3 million common shares with fair value of $10.7 billion. Walgreens had previously purchased 45% of the company for $4.0 billion and 83.
WBA Q3 2025 Key Financial Metrics
Revenue
$39.0B
Gross Profit
$6.5B
Operating Profit
$53.0M
Net Profit
$-175.0M
Gross Margin
16.7%
Operating Margin
0.1%
Net Margin
-0.4%
YoY Growth
7.2%
EPS
$-0.20
Financial Flow
Walgreens Boots Alliance Q3 2025 Financial Summary
Walgreens Boots Alliance reported revenue of $39.0B for Q3 2025, with a net profit of $-175.0M (-0.4% margin). Cost of goods sold was $32.5B, operating expenses totaled $6.5B.
Key Financial Metrics
| Total Revenue | $39.0B |
|---|---|
| Net Profit | $-175.0M |
| Gross Margin | 16.7% |
| Operating Margin | 0.1% |
| Report Period | Q3 2025 |
Walgreens Boots Alliance Annual Revenue by Year
Walgreens Boots Alliance annual revenue history includes year-by-year totals (for example, 2024 revenue was $147.7B).
| Year | Annual Revenue |
|---|---|
| 2024 | $147.7B |
| 2023 | $139.1B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.42B | $36.71B | $37.05B | $36.35B | $37.55B | $39.46B | $38.59B | $38.99B |
| YoY Growth | 9.2% | 10.0% | 6.3% | 2.6% | 6.0% | 7.5% | 4.1% | 7.2% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $96.63B | $97.82B | $84.21B | $82.98B | $81.04B | $78.54B | $70.22B | $69.41B |
| Liabilities | $68.14B | $70.07B | $68.84B | $67.56B | $68.86B | $67.27B | $62.96B | $62.09B |
| Equity | $20.02B | $19.48B | $13.48B | $13.64B | $10.45B | $9.94B | $7.11B | $7.18B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.04B | $-281.0M | $-637.0M | $604.0M | $1.33B | $-140.0M | $-199.0M | $584.0M |
Other Consumer Staples Companies
MO
Altria
Revenue
$6.1B
Net Profit
$2.4B
ADM
Archer Daniels Midland
Revenue
$6.4B
Net Profit
$108.0M
BF.B
Brown–Forman
Revenue
$1.0B
Net Profit
$224.0M
BG
Bunge Global
Revenue
$4.9B
Net Profit
$95.0M
CPB
Campbell's Company (The)
Revenue
$2.7B
Net Profit
$194.0M
CHD
Church & Dwight
Revenue
$1.6B
Net Profit
$143.5M
CLX
Clorox
Revenue
$1.7B
Net Profit
$157.0M
KO
Coca-Cola Company (The)
Revenue
$12.5B
Net Profit
$3.7B
CL
Colgate-Palmolive
Revenue
$5.1B
Net Profit
$735.0M
CAG
Conagra Brands
Revenue
$3.0B
Net Profit
$-663.6M