WalmartWMTEarnings & Financial Report
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States and 19 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses.
Revenue
$167.8B
Gross Profit
$41.0B
Operating Profit
$7.9B
Net Profit
$4.5B
Gross Margin
24.4%
Operating Margin
4.7%
Net Margin
2.7%
YoY Growth
4.7%
EPS
$0.56
Walmart Q2 FY2025 Financial Summary
Walmart reported revenue of $167.8B (up 4.7% YoY) for Q2 FY2025, with a net profit of $4.5B (down 43.0% YoY) (2.7% margin). Cost of goods sold was $126.8B, operating expenses totaled $33.0B.
Key Financial Metrics
| Total Revenue | $167.8B |
|---|---|
| Net Profit | $4.5B |
| Gross Margin | 24.4% |
| Operating Margin | 4.7% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Walmart Q2 FY2025 revenue of $167.8B breaks down across 7 segments, led by Grocery at $67.8B (40.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Grocery | $67.8B | 40.4% |
| General Merchandise | $25.3B | 15.1% |
| Sams Club US | $22.1B | 13.2% |
| E Commerce | $21.4B | 12.8% |
| Healthand Wellness | $16.2B | 9.7% |
| Walmart International Segment | $11.7B | 7.0% |
| Fuel And Other | $2.9B | 1.7% |
Walmart Revenue by Segment — Quarterly Trend
Walmart revenue by segment across the last 4 reported quarters, showing how each business line (such as Grocery and General Merchandise) has evolved quarter over quarter.
| Segment | Q2 FY2027 | Q1 FY2027 | Q3 FY2026 | Q2 FY2026 |
|---|---|---|---|---|
| Grocery | — | — | $71.7B | $71.1B |
| Sams Club US | — | — | $23.6B | $23.6B |
| E Commerce | — | — | $24.8B | $23.7B |
| Healthand Wellness | — | — | $18.4B | $17.2B |
Walmart Annual Revenue by Year
Walmart annual revenue history includes year-by-year totals (for example, 2025 revenue was $674.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $674.5B |
| 2024 | $642.6B |
Walmart Quarterly Revenue & Net Profit History
Walmart results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2027 | $177.8B | +4.5% | N/A | N/A |
| Q1 FY2027 | $190.7B | +4.6% | N/A | N/A |
| Q3 FY2026 | $177.8B | +5.8% | $6.1B | 3.5% |
| Q2 FY2026 | $175.8B | +4.8% | $7.0B | 4.0% |
| Q1 FY2026 | $164.0B | +2.5% | $4.5B | 2.7% |
| Q4 FY2025 | $178.8B | +4.0% | $5.3B | 2.9% |
| Q3 FY2025 | $168.0B | +5.4% | $4.6B | 2.7% |
| Q2 FY2025 | $167.8B | +4.7% | $4.5B | 2.7% |
Income Statement
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $167.77B | $168.00B | $178.83B | $163.98B | $175.75B | $177.77B | $190.66B | $177.75B |
| YoY Growth | 4.7% | 5.4% | 4.0% | 2.5% | 4.8% | 5.8% | 4.6% | 4.5% |
Balance Sheet
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $254.44B | $263.40B | $260.82B | $262.37B | $270.84B | $288.65B | $284.67B | $289.61B |
| Liabilities | $170.02B | $175.29B | $169.81B | N/A | $180.73B | $192.56B | $178.78B | $188.93B |
| Equity | $84.42B | $88.11B | $91.01B | $83.79B | $90.11B | $96.09B | $105.89B | $100.68B |
Cash Flow
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $12.11B | $6.56B | $13.53B | $5.41B | $12.94B | $9.10B | $41.56B | $4.74B |