Walmart Inc. (WMT) Financial Statements — Income, Balance Sheet, Cash Flow

Overview Financials Chart Business Summary Filings Ownership Valuation

Financial Statements — WMT

Balance Sheet

(in billions USD)

Metric	Q1 2027	Q3 2026	Q2 2026	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021	Q1 2021
Cash & Equivalents	10.73	10.58	9.43	9.31	10.05	8.81	9.40	12.15	13.89	10.58	11.59	13.92	11.82	16.11	22.83	22.85	14.33	16.91	14.93
Accounts Receivable	10.66	12.12	10.52	9.69	10.04	8.65	9.07	8.63	7.89	7.65	8.22	7.52	7.67	7.35	6.10	5.80	5.77	5.11	5.03
Inventory	62.57	65.35	57.73	57.47	63.30	55.61	55.38	63.95	56.72	56.93	64.71	59.92	61.23	57.48	47.75	46.38	51.84	41.08	41.22
Total Current Assets	88.39	92.92	82.03	80.25	86.94	76.51	77.15	88.39	82.03	78.51	87.68	84.16	83.22	82.96	78.24	76.59	73.60	65.00	63.33
Property, Plant & Equipment	137.79	130.20	125.48	121.26	116.60	113.82	111.50	107.47	104.73	102.34	97.55	96.01	94.74	92.24	91.62	91.00	102.23	101.18	101.87
Goodwill	28.15	28.72	29.06	28.87	27.94	27.93	28.00	28.02	28.27	28.31	28.14	28.66	29.44	28.92	29.16	28.87	30.24	29.54	29.42
Total Non-current Assets*	201.21	195.74	188.80	140.88	176.46	177.93	176.90	170.78	173.09	166.54	159.98	163.04	162.92	161.89	160.31	159.99	177.26	172.39	169.56
Total Assets	289.61	288.65	270.84	262.37	263.40	254.44	254.05	259.17	255.12	245.05	247.66	247.20	246.14	244.85	238.55	236.58	250.86	237.38	232.89
Accounts Payable	62.88	67.16	60.09	57.70	62.86	56.72	56.07	61.05	56.58	54.27	57.26	54.19	52.93	57.16	49.60	48.15	54.15	46.33	44.10
Short-term Debt	10.67	8.40	3.84	5.60	3.58	3.20	5.46	9.94	4.55	1.71	6.81	10.63	11.43	0.45	0.67	0.36	0.24	0.36	4.05
Total Current Liabilities	114.58	115.73	103.57	102.92	102.56	95.26	96.10	104.23	99.22	95.51	101.41	99.90	96.53	87.62	81.12	80.84	88.12	81.96	82.65
Long-term Debt	36.89	34.45	35.64	36.52	33.65	35.36	35.93	36.34	36.81	38.12	33.94	29.80	32.17	36.42	39.58	40.27	45.21	46.51	48.99
Total Non-current Liabilities*	80.69	76.83	77.16	75.66	72.73	74.76	76.66	75.49	76.35	77.14	74.00	69.73	72.72	74.96	76.90	77.41	81.31	80.11	82.01
Total Liabilities*	195.28	192.56	180.73	178.58	175.29	170.02	172.76	179.72	175.57	172.65	175.40	169.63	169.25	162.58	158.02	158.25	169.43	162.07	164.65
Retained Earnings	100.24	101.56	96.33	90.85	94.44	90.79	87.23	85.83	85.47	78.04	77.95	82.52	80.53	85.67	84.57	82.58	92.28	87.61	81.14
Total Stockholder Equity	94.33	96.09	90.11	83.79	88.11	84.42	81.29	79.46	79.56	72.41	72.25	77.57	76.90	82.27	80.53	78.33	81.43	75.31	68.24

* Derived from reported values

Income Statement

(in billions USD) (except per-share rows)

Metric	Q1 2027	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Total Revenue	175.68	188.91	177.77	175.75	163.98	178.83	168.00	167.77	159.94	171.91	159.44	160.28	151.00	162.74	151.47	151.38	140.29	151.53	139.21	139.87
Cost of Revenue	133.06	143.62	134.71	132.77	124.30	136.17	127.34	126.81	121.43	131.82	121.18	121.85	115.28	125.42	115.61	115.84	106.85	115.52	105.02	105.18
Gross Profit	44.69	47.04	44.79	44.63	41.31	44.38	42.25	42.53	40.08	41.56	39.62	39.78	37.02	38.63	37.20	37.02	34.72	37.35	35.50	35.87
Selling, General & Admin	37.20	38.33	38.09	37.35	34.17	36.52	35.54	34.59	33.24	34.31	33.42	32.47	30.78	33.06	34.51	30.17	29.40	31.46	29.71	28.51
Total Operating Expenses	37.20	38.33	38.09	37.35	34.17	36.52	35.54	34.59	33.24	34.31	33.42	32.47	30.78	33.06	34.51	30.17	29.40	31.46	29.71	28.51
Operating Income	7.49	8.71	6.70	7.29	7.14	7.86	6.71	7.94	6.84	7.25	6.20	7.32	6.24	5.56	2.70	6.85	5.32	5.89	5.79	7.35
Pretax Income	7.15	5.97	8.19	9.32	5.99	6.96	6.10	6.21	7.04	7.52	0.92	10.73	2.69	8.90	(1.43)	6.64	2.90	4.78	4.15	5.92
Tax Provision	1.66	1.58	2.10	2.17	1.36	1.54	1.38	1.50	1.73	1.84	0.27	2.67	0.79	3.09	0.34	1.50	0.80	1.15	1.01	1.56
Net Income	5.33	4.24	6.14	7.03	4.49	5.25	4.58	4.50	5.10	5.49	0.45	7.89	1.67	6.28	(1.80)	5.15	2.05	3.56	3.11	4.28
Basic EPS	0.67	0.53	0.77	0.88	0.56	0.66	0.57	0.56	0.63	(1.80)	0.17	2.93	0.62	2.32	(0.66)	1.88	0.75	1.29	1.11	1.53
Diluted EPS	0.67	0.52	0.77	0.88	0.56	0.65	0.57	0.56	0.63	(1.80)	0.17	2.92	0.62	2.31	(0.66)	1.88	0.74	1.27	1.11	1.52

Cash Flow Statement

(in billions USD)

Metric	Q1 2027	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Operating Cash Flow	4.74	14.11	9.10	12.94	5.41	13.53	6.56	12.11	4.25	16.71	0.81	13.57	4.63	13.14	6.46	13.00	(3.76)	7.89	3.87	9.57
Capital Expenditures	6.68	8.02	7.22	6.42	4.99	7.09	6.19	5.83	4.68	5.93	5.46	4.79	4.43	4.80	4.57	3.95	3.54	4.52	3.57	2.81
Free Cash Flow*	(1.95)	6.10	1.88	6.52	0.43	6.44	0.37	6.28	(0.43)	10.78	(4.64)	8.78	0.20	8.35	1.89	9.05	(7.30)	3.37	0.30	6.76
Investing Cash Flow	(6.74)	(7.32)	(7.83)	(6.11)	(5.09)	(8.72)	(2.53)	(5.72)	(4.41)	(5.91)	(5.46)	(5.05)	(4.86)	(4.76)	(4.38)	(4.03)	(4.56)	(4.49)	(3.93)	(3.45)
Financing Cash Flow	2.33	(6.54)	(0.02)	(7.00)	0.01	(5.15)	(2.73)	(6.62)	(0.32)	(13.23)	3.13	(5.25)	1.94	(11.46)	(4.18)	(6.71)	5.32	(4.71)	(6.55)	(6.16)

* Derived from reported values

Dividends Per Share

(USD)

Metric	Q1 2027	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Dividends Per Share	0.99	0.00	0.00	0.00	0.94	0.00	0.00	0.00	0.83	(1.52)	0.00	0.00	2.28	0.00	0.00	0.00	2.24	0.00	0.00	0.00