Revenue
$187.94B +5.9% on Q2 FY2026
NASDAQ:WMT
Walmart had revenue of $187.9 billion in Q2 FY2027, the quarter that ended Jul 31, 2026, 5.9% more than a year earlier. Below are its quarterly and annual figures, split by segment and region.
Latest quarter, Q2 FY2027 ended Jul 31, 2026
Revenue
Operating income
Net income
$187.94B +5.9% on Q2 FY2026
Q2 FY2027
Q2 FY2027
Q2 FY2027
$9.38B +28.8% on Q2 FY2026
Q2 FY2027
$6.37B −9.4% on Q2 FY2026
| Walmart revenue by quarter | Q2 FY2027 | Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 | Q3 FY2024 | Q2 FY2024 | Q1 FY2024 | Q4 FY2023 | Q3 FY2023 | Q2 FY2023 | Q1 FY2023 | Q4 FY2022 | Q3 FY2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $187.94B | $177.75B | $190.66B | $179.50B | $177.40B | $165.61B | $180.55B | $169.59B | $169.34B | $161.51B | $173.39B | $160.80B | $161.63B | $152.30B | $164.05B | $152.81B | $152.86B | $141.57B | $152.87B | $140.53B |
| Segments | ||||||||||||||||||||
| Walmart U.S. | $125.94B | $118.10B | $129.90B | $121.34B | $121.56B | $112.80B | $124.28B | $115.49B | $115.95B | $109.28B | $119.63B | $109.42B | $110.85B | $103.90B | $115.59B | $104.78B | $105.13B | $96.90B | $105.28B | $96.61B |
| Walmart International | $35.62B | $35.54B | $36.34B | $33.93B | $31.58B | $30.13B | $32.56B | $30.64B | $29.94B | $30.22B | $33.83B | $28.02B | $27.60B | $26.60B | $29.20B | $25.30B | $24.35B | $23.76B | $27.00B | $23.63B |
| Sam's Club U.S. | $26.37B | $24.08B | $24.40B | $24.22B | $24.26B | $22.67B | $23.69B | $23.44B | $23.43B | $22.00B | $23.90B | $22.00B | $21.83B | $20.50B | $23.33B | $21.40B | $21.90B | $19.62B | $19.25B | $18.97B |
| Regions | ||||||||||||||||||||
| United States | $135.48B | $131.29B | ||||||||||||||||||
| Non-U.S. operations | $30.13B | $30.22B | ||||||||||||||||||
| Walmart operating income by quarter | Q2 FY2027 | Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 | Q3 FY2024 | Q2 FY2024 | Q1 FY2024 | Q4 FY2023 | Q3 FY2023 | Q2 FY2023 | Q1 FY2023 | Q4 FY2022 | Q3 FY2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $9.38B | $7.49B | $8.71B | $6.70B | $7.29B | $7.14B | $7.86B | $6.71B | $7.94B | $6.84B | $7.25B | $6.20B | $7.32B | $6.24B | $5.56B | $2.70B | $6.85B | $5.32B | $5.89B | $5.79B |
| Segments | ||||||||||||||||||||
| Walmart U.S. | $8.12B | $5.90B | $6.95B | $5.78B | $6.73B | $5.70B | $6.52B | $5.44B | $6.59B | $5.33B | $6.08B | $4.98B | $6.11B | $4.98B | $5.38B | $5.09B | $5.68B | $4.46B | $5.18B | $4.86B |
| Walmart International | $1.44B | $1.60B | $1.91B | $702.00M | $1.23B | $1.29B | $1.40B | $1.20B | $1.36B | $1.53B | $1.44B | $1.12B | $1.19B | $1.16B | $289.00M | $861.00M | $1.04B | $772.00M | $832.00M | $871.00M |
| Sam's Club U.S. | $678.00M | $674.00M | $596.00M | $671.00M | $470.00M | $666.00M | $574.00M | $634.00M | $581.00M | $615.00M | $620.00M | $593.00M | $521.00M | $458.00M | $515.00M | $562.00M | $427.00M | $460.00M | $549.00M | $475.00M |
| Walmart net income by quarter | Q2 FY2027 | Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 | Q3 FY2024 | Q2 FY2024 | Q1 FY2024 | Q4 FY2023 | Q3 FY2023 | Q2 FY2023 | Q1 FY2023 | Q4 FY2022 | Q3 FY2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $6.37B | $5.33B | $4.24B | $6.14B | $7.03B | $4.49B | $5.25B | $4.58B | $4.50B | $5.10B | $5.49B | $453.00M | $7.89B | $1.67B | $6.28B | −$1.80B | $5.15B | $2.05B | $3.56B | $3.11B |
Revenue was $187.9 billion, operating income was $9.4 billion and net income was $6.4 billion. That's a operating margin of 5.0% and net margin of 3.4%.
Walmart U.S. was the largest segment, with $125.9 billion or 67% of revenue.
Walmart's fiscal year ends in January, not December. Its FY2026 ended on Jan 31, 2026, and the latest quarter here, Q2 FY2027, ended on Jul 31, 2026. Periods on this page are named the way Walmart names them.
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