Walmart Inc. (WMT) stock
Close on Oct 30, 2026Market cap $979.90BP/E 44.6Yield 0.76%
Earnings
Walmart's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Walmart's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2027ended Oct 31, 2026 | Nov 19, 2026Expected | – | – | – | – | – |
| Q2 FY2027ended Jul 31, 2026 | Aug 20, 2026before the open | $187.94B | +5.9% | $0.80 | $0.81 | Release |
| Q1 FY2027ended Apr 30, 2026 | May 21, 2026before the open | $177.80B | +7.4% | $0.67 | $0.66 | Release |
| Q4 FY2026ended Jan 31, 2026 | Feb 19, 2026before the open | $190.70B | +5.6% | $0.53 | $0.74 | Release |
| Q3 FY2026ended Oct 31, 2025 | Nov 20, 2025before the open | $179.50B | +5.8% | $0.77 | $0.62 | Release |
| Q2 FY2026ended Jul 31, 2025 | Aug 21, 2025before the open | $177.40B | +4.8% | $0.88 | $0.68 | Release |
| Q1 FY2026ended Apr 30, 2025 | May 15, 2025before the open | $165.60B | +2.5% | $0.56 | $0.61 | Release |
| Q4 FY2025ended Jan 31, 2025 | Feb 20, 2025before the open | $180.60B | +4.2% | $0.65 | $0.66 | Release |
| Q3 FY2025ended Oct 31, 2024 | Nov 19, 2024before the open | $169.60B | +5.5% | $0.57 | $0.58 | Release |
| Q2 FY2025ended Jul 31, 2024 | Aug 15, 2024before the open | $169.30B | +4.8% | $0.56 | $0.67 | Release |
| Q1 FY2025ended Apr 30, 2024 | May 16, 2024before the open | $161.50B | +6.0% | $0.63 | $0.60 | Release |
| Q4 FY2024ended Jan 31, 2024 | Feb 20, 2024before the open | $173.40B | +5.7% | $2.03 | $1.80 | Release |
| Q3 FY2024ended Oct 31, 2023 | Nov 16, 2023before the open | $160.80B | +5.2% | $0.17 | $1.53 | Release |
| Q2 FY2024ended Jul 31, 2023 | Aug 17, 2023before the open | $161.60B | +5.7% | $2.92 | $1.84 | Release |
| Q1 FY2024ended Apr 30, 2023 | May 18, 2023before the open | $152.30B | +7.6% | $0.62 | $1.47 | Release |
| Q4 FY2023ended Jan 31, 2023 | Feb 21, 2023before the open | $164.00B | +7.3% | $2.32 | $1.71 | Release |
| Q3 FY2023ended Oct 31, 2022 | Nov 15, 2022before the open | $152.80B | +8.8% | -$0.66 | $1.50 | Release |
| Q2 FY2023ended Jul 31, 2022 | Aug 16, 2022before the open | $152.90B | – | $1.88 | $1.77 | Release |
| Q1 FY2023ended Apr 30, 2022 | May 17, 2022before the open | $141.60B | – | $0.74 | $1.30 | Release |
| Q4 FY2022ended Jan 31, 2022 | Feb 17, 2022before the open | $152.90B | – | $1.28 | $1.53 | Release |
| Q3 FY2022ended Oct 31, 2021 | Nov 16, 2021before the open | $140.50B | – | $1.11 | $1.45 | Release |
| Q2 FY2022ended Jul 31, 2021 | Aug 17, 2021before the open | – | – | – | – | Filing |
| Q1 FY2022ended Apr 30, 2021 | May 18, 2021before the open | – | – | – | – | Filing |
| Q4 FY2021ended Jan 31, 2021 | Feb 18, 2021before the open | – | – | – | – | Release |
| Q3 FY2021ended Oct 31, 2020 | Nov 17, 2020before the open | – | – | – | – | Filing |
| Q2 FY2021ended Jul 31, 2020 | Aug 18, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Walmart's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Net sales (cc)non-GAAP | Q3 FY2027 | +3% – +3.75% | – | New | Aug 20, 2026 |
| Operating income (cc)non-GAAP | Q3 FY2027 | +2% – +4% | – | New | Aug 20, 2026 |
| Adjusted EPSnon-GAAP | Q3 FY2027 | $0.62 – $0.64 | – | New | Aug 20, 2026 |
| Net sales (cc)non-GAAP | FY2027 | +3.5% – +4.5% | +3.5% – +4.5% | Reaffirmed | May 21, 2026 |
| Adj. operating income (cc)non-GAAP | FY2027 | +6% – +8% | +6% – +8% | Reaffirmed | May 21, 2026 |
| Adjusted EPSnon-GAAP | FY2027 | $2.75 – $2.85 | $2.75 – $2.85 | Reaffirmed | May 21, 2026 |
| Capital expenditures | FY2027 | 3.5% | – | New | May 21, 2026 |
| Capital expendituresnon-GAAP | FY2027 | 3.5% | – | New | Feb 19, 2026 |
| Effective tax ratenon-GAAP | FY2027 | 23.5% – 24.5% | 23.5% – 24.5% | Reaffirmed | Aug 20, 2026 |
| Effective tax rate | FY2027 | 23.5% – 24.5% | – | New | May 21, 2026 |
| Interest, net | FY2027 | $200.00M – $300.00M | – | New | May 21, 2026 |
| Interest, netnon-GAAP | FY2027 | $200.00M – $300.00M | – | New | Feb 19, 2026 |
Guidance vs results
The last range Walmart gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q2 FY2027 | Adjusted EPS | $0.72 – $0.74 | $0.81 | Above range |
| Q2 FY2027 | Revenue growth | +4% – +5% | +5.94% | Above range |
| Q1 FY2027 | Adjusted EPS | $0.63 – $0.65 | $0.66 | Above range |
| FY2026 | Adjusted EPS | $2.58 – $2.63 | $2.65Σ4Q | Above range |
| FY2026 | Revenue growth | +4.8% – +5.1% | +4.73%Σ4Q | Below range |
| Q3 FY2026 | Adjusted EPS | $0.58 – $0.60 | $0.62 | Above range |
| Q1 FY2026 | Adjusted EPS | $0.57 – $0.58 | $0.61 | Above range |
| FY2025 | Adjusted EPS | $2.42 – $2.47 | $2.51Σ4Q | Above range |
| Q3 FY2025 | Adjusted EPS | $0.51 – $0.52 | $0.58 | Above range |
| Q2 FY2025 | Adjusted EPS | $0.62 – $0.65 | $0.67 | Above range |
| Q1 FY2025 | Adjusted EPS | $1.48 – $1.56 | $0.60 | Below range |
| Q3 FY2024 | Adjusted EPS | $1.45 – $1.50 | $1.53 | Above range |
| Q2 FY2024 | Adjusted EPS | $1.63 – $1.68 | $1.84 | Above range |
| Q1 FY2024 | Adjusted earnings per share | $1.25 – $1.30 | $1.47 | Above range |
| Q1 FY2024 | Revenue growth | +4.5% – +5% | +7.56% | Above range |
| Q4 FY2023 | Revenue growth | +3% | +7.26% | Above range |
| Q3 FY2023 | Revenue growth | +5% | +8.75% | Above range |
Guidance history
Every forecast Walmart put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 20, 2026 | Adjusted EPS | Q3 FY2027 | $0.62 – $0.64 | New |
| Aug 20, 2026 | Operating income (cc) | Q3 FY2027 | +2% – +4% | New |
| Aug 20, 2026 | Effective tax rate | FY2027 | 23.5% – 24.5% | Reaffirmed |
| Aug 20, 2026 | Net sales (cc) | Q3 FY2027 | +3% – +3.75% | New |
| May 21, 2026 | Capital expenditures | FY2027 | 3.5% | New |
| May 21, 2026 | Adjusted EPS | Q2 FY2027 | $0.72 – $0.74 | New |
| May 21, 2026 | Adjusted EPS | FY2027 | $2.75 – $2.85 | Reaffirmed |
| May 21, 2026 | adjusted operating income | Q2 FY2027 | +7% – +10% | New |
| May 21, 2026 | Adj. operating income (cc) | FY2027 | +6% – +8% | Reaffirmed |
| May 21, 2026 | Interest, net | FY2027 | $200.00M – $300.00M | New |
| May 21, 2026 | Effective tax rate | FY2027 | 23.5% – 24.5% | New |
| May 21, 2026 | net sales | Q2 FY2027 | +4% – +5% | New |
| May 21, 2026 | Net sales (cc) | FY2027 | +3.5% – +4.5% | Reaffirmed |
| Feb 19, 2026 | Capital expenditures | FY2027 | 3.5% | New |
| Feb 19, 2026 | Adjusted EPS | FY2027 | $2.75 – $2.85 | New |
| Feb 19, 2026 | Adjusted EPS | Q1 FY2027 | $0.63 – $0.65 | New |
| Feb 19, 2026 | Operating income (cc) | Q1 FY2027 | +4% – +6% | New |
| Feb 19, 2026 | Adj. operating income (cc) | FY2027 | +6% – +8% | New |
| Feb 19, 2026 | Interest, net | FY2027 | $200.00M – $300.00M | New |
| Feb 19, 2026 | Effective tax rate | FY2027 | 23.5% – 24.5% | New |
| Feb 19, 2026 | Net sales (cc) | Q1 FY2027 | +3.5% – +4.5% | New |
| Feb 19, 2026 | Net sales (cc) | FY2027 | +3.5% – +4.5% | New |
| Nov 20, 2025 | Capital expenditures | FY2026 | 3.5% | Raised |
| Nov 20, 2025 | Adjusted EPS | FY2026 | $2.58 – $2.63 | Raised |
| Nov 20, 2025 | adjusted operating income | FY2026 | +4.8% – +5.5% | Raised |
| Nov 20, 2025 | Interest, net | FY2026 | $100.00M – $200.00M | Reaffirmed |
| Nov 20, 2025 | growth in net sales | FY2026 | +4.8% – +5.1% | Raised |
| Aug 21, 2025 | Capital expenditures | FY2026 | 3% – 3.5% | Reaffirmed |
| Aug 21, 2025 | adjusted EPS | FY2026 | $2.52 – $2.62 | Raised |
| Aug 21, 2025 | Adjusted EPS | Q3 FY2026 | $0.58 – $0.60 | New |
| Aug 21, 2025 | Adjusted operating income | FY2026 | +3.5% – +5.5% | Reaffirmed |
| Aug 21, 2025 | Operating income (cc) | Q3 FY2026 | +3% – +6% | New |
| Aug 21, 2025 | Net sales (cc) | FY2026 | +3.75% – +4.75% | Raised |
| Aug 21, 2025 | Net sales (cc) | Q3 FY2026 | +3.75% – +4.75% | New |
| May 15, 2025 | Capital expenditures | FY2026 | 3% – 3.5% | Reaffirmed |
| May 15, 2025 | Adjusted EPS | FY2026 | $2.50 – $2.60 | Reaffirmed |
| May 15, 2025 | Adj. operating income (cc) | FY2026 | +3.5% – +5.5% | Reaffirmed |
| May 15, 2025 | Interest, net | FY2026 | $100.00M – $200.00M | Reaffirmed |
| May 15, 2025 | Effective tax rate | FY2026 | 23.5% – 24.5% | Reaffirmed |
| May 15, 2025 | Net sales (cc) | FY2026 | +3% – +4% | Reaffirmed |
| May 15, 2025 | Net sales (cc) | Q2 FY2026 | +3.5% – +4.5% | New |
| Feb 20, 2025 | Capital expenditures | FY2026 | 3% – 3.5% | New |
| Feb 20, 2025 | Adjusted EPS | FY2026 | $2.50 – $2.60 | New |
| Feb 20, 2025 | Adjusted EPS | Q1 FY2026 | $0.57 – $0.58 | New |
| Feb 20, 2025 | Adj. operating income (cc) | Q1 FY2026 | +0.5% – +2% | New |
| Feb 20, 2025 | Adj. operating income (cc) | FY2026 | +3.5% – +5.5% | New |
| Feb 20, 2025 | Effective tax rate | FY2026 | 23.5% – 24.5% | New |
| Feb 20, 2025 | Interest, net | FY2026 | $100.00M – $200.00M | New |
| Feb 20, 2025 | Net sales (cc) | Q1 FY2026 | +3% – +4% | New |
| Feb 20, 2025 | Net sales (cc) | FY2026 | +3% – +4% | New |
| Nov 19, 2024 | Adjusted EPS | FY2025 | $2.42 – $2.47 | New |
| Nov 19, 2024 | Adj. operating income (cc) | FY2025 | +8.5% – +9.25% | New |
| Nov 19, 2024 | Net sales (cc) | FY2025 | +4.8% – +5.1% | New |
| Aug 15, 2024 | Adjusted EPS | Q3 FY2025 | $0.51 – $0.52 | New |
| Aug 15, 2024 | Adjusted EPS | FY2025 | $2.35 – $2.43 | Raised |
| Aug 15, 2024 | Consolidated operating income (cc) | Q3 FY2025 | +3% – +4.5% | New |
| Aug 15, 2024 | Consolidated adj. operating income (cc) | FY2025 | +6.5% – +8% | Raised |
| Aug 15, 2024 | Consolidated net sales (cc) | FY2025 | +3.75% – +4.75% | Raised |
| Aug 15, 2024 | Consolidated net sales (cc) | Q3 FY2025 | +3.25% – +4.25% | New |
| May 16, 2024 | Capital expenditures | FY2025 | 3% – 3.5% | Reaffirmed |
| May 16, 2024 | Adjusted EPS | Q2 FY2025 | $0.62 – $0.65 | New |
| May 16, 2024 | Adjusted EPS | FY2025 | $2.23 – $2.37 | Lowered |
| May 16, 2024 | Consolidated adj. operating income (cc) | FY2025 | +4% – +6% | Reaffirmed |
| May 16, 2024 | Consolidated operating income (cc) | Q2 FY2025 | +3% – +4.5% | New |
| May 16, 2024 | Interest, net | FY2025 | $100.00M – $200.00M | Reaffirmed |
| May 16, 2024 | Effective tax rate | FY2025 | 25% – 26% | Reaffirmed |
| May 16, 2024 | Consolidated net sales (cc) | Q2 FY2025 | +3.5% – +4.5% | New |
| May 16, 2024 | Consolidated net sales (cc) | FY2025 | +3% – +4% | Reaffirmed |
| Feb 20, 2024 | Capital expenditures | FY2025 | 3% – 3.5% | New |
| Feb 20, 2024 | Adjusted EPS | Q1 FY2025 | $1.48 – $1.56 | New |
| Feb 20, 2024 | Adjusted EPS | FY2025 | $6.70 – $7.12 | New |
| Feb 20, 2024 | Consolidated operating income (cc) | FY2025 | +4% – +6% | New |
| Feb 20, 2024 | Consolidated operating income (cc) | Q1 FY2025 | +3% – +4.5% | New |
| Feb 20, 2024 | Effective tax rate | FY2025 | 25% – 26% | New |
| Feb 20, 2024 | Interest, net | FY2025 | $100.00M – $200.00M | New |
| Feb 20, 2024 | Consolidated net sales (cc) | FY2025 | +3% – +4% | New |
| Feb 20, 2024 | Consolidated net sales (cc) | Q1 FY2025 | +4% – +5% | New |
| Nov 16, 2023 | Adjusted EPS | FY2024 | $6.40 – $6.48 | Raised |
| Nov 16, 2023 | Consolidated operating income (cc) | FY2024 | +7% – +7.5% | Reaffirmed |
| Nov 16, 2023 | Effective tax rate | FY2024 | 26.5% | Reaffirmed |
| Nov 16, 2023 | Consolidated net sales (cc) | FY2024 | +5% – +5.5% | Raised |
| Aug 17, 2023 | Adjusted EPS | Q3 FY2024 | $1.45 – $1.50 | New |
| Aug 17, 2023 | Adjusted EPS | FY2024 | $6.36 – $6.46 | Raised |
| Aug 17, 2023 | Consolidated operating income (cc) | FY2024 | +7% – +7.5% | Raised |
| Aug 17, 2023 | Consolidated operating income (cc) | Q3 FY2024 | +1% | New |
| Aug 17, 2023 | Effective tax rate | FY2024 | 26.5% | Reaffirmed |
| Aug 17, 2023 | Non-controlling interest | FY2024 | $0.26 | Raised |
| Aug 17, 2023 | Interest, net | FY2024 | $500.00M | Lowered |
| Aug 17, 2023 | Consolidated net sales (cc) | Q3 FY2024 | +3% | New |
| Aug 17, 2023 | Consolidated net sales (cc) | FY2024 | +4% – +4.5% | Raised |
| May 18, 2023 | Adjusted EPS | FY2024 | $6.10 – $6.20 | Raised |
| May 18, 2023 | Adjusted EPS | Q2 FY2024 | $1.63 – $1.68 | New |
| May 18, 2023 | Consolidated operating income (cc) | Q2 FY2024 | -2% | New |
| May 18, 2023 | Consolidated operating income (cc) | FY2024 | +4% – +4.5% | Raised |
| May 18, 2023 | Non-controlling interest | FY2024 | -$0.20 | New |
| May 18, 2023 | Effective tax rate | FY2024 | 26.5% | Raised |
| May 18, 2023 | Interest, net | FY2024 | $600.00M | New |
| May 18, 2023 | Consolidated net sales (cc) | FY2024 | +3.5% | Lowered |
| May 18, 2023 | Consolidated net sales (cc) | Q2 FY2024 | +4% | New |
| Feb 21, 2023 | Walmart U.S. comp sales | FY2024 | +2% – +2.5% | New |
| Feb 21, 2023 | Sam’s Club U.S. comp sales | FY2024 | +5% | Raised |
| Feb 21, 2023 | Adjusted earnings per share | Q1 FY2024 | $1.25 – $1.30 | New |
| Feb 21, 2023 | Adjusted earnings per share | FY2024 | $5.90 – $6.05 | New |
| Feb 21, 2023 | Consolidated operating income | Q1 FY2024 | +3.5% – +4% | New |
| Feb 21, 2023 | Consolidated operating income | FY2024 | +3% | New |
| Feb 21, 2023 | Effective tax rate | FY2024 | 25.5% – 26.5% | New |
| Feb 21, 2023 | Consolidated net sales | FY2024 | +2.5% – +3% | New |
| Feb 21, 2023 | Walmart International net sales | FY2024 | +6% | Raised |
| Feb 21, 2023 | Consolidated net sales | Q1 FY2024 | +4.5% – +5% | New |
| Nov 15, 2022 | Walmart U.S. comp sales growth, excluding fuel | FY2023 | +5.5% | Raised |
| Nov 15, 2022 | Walmart U.S. comp sales, excluding fuel | Q4 FY2023 | +3% | New |
| Nov 15, 2022 | Adjusted earnings per share | Q4 FY2023 | -5% – -3% | New |
| Nov 15, 2022 | Adjusted earnings per share | FY2023 | -7% – -6% | Lowered |
| Nov 15, 2022 | Consolidated operating income | Q4 FY2023 | -1% – +1% | New |
| Nov 15, 2022 | Consolidated adjusted operating income | FY2023 | -7.5% – -6.5% | Lowered |
| Nov 15, 2022 | Consolidated net sales growth | FY2023 | +5.5% | Raised |
| Nov 15, 2022 | Consolidated net sales growth | Q4 FY2023 | +3% | New |
| Aug 16, 2022 | Walmart U.S. comp sales, excluding fuel | Q3 FY2023 | +3% | New |
| Aug 16, 2022 | Walmart U.S. comp sales growth, excluding fuel | FY2023 | +4% | Raised |
| Aug 16, 2022 | Adjusted earnings per share decline | Q3 FY2023 | +9% – +11% | New |
| Aug 16, 2022 | Adjusted earnings per share | FY2023 | +9% – +11% | Raised |
| Aug 16, 2022 | Consolidated adjusted operating income | FY2023 | +9% – +11% | Raised |
| Aug 16, 2022 | Consolidated operating income decline | Q3 FY2023 | +8% – +10% | New |
| Aug 16, 2022 | Consolidated net sales growth | Q3 FY2023 | +5% | New |
| Aug 16, 2022 | Consolidated net sales growth | FY2023 | +4.5% | Raised |
| May 17, 2022 | Comp sales growth | Q2 FY2023 | +4% – +5% | New |
| May 17, 2022 | Comp sales growth | FY2023 | +3.5% | Raised |
| May 17, 2022 | EPS | FY2023 | -1% | Lowered |
| May 17, 2022 | Consolidated operating income | FY2023 | -1% | Lowered |
| May 17, 2022 | Consolidated net sales | Q2 FY2023 | +5% | New |
| May 17, 2022 | Consolidated net sales | FY2023 | +4% | Raised |
| Feb 17, 2022 | Capital expenditures | FY2023 | 2.5% – 3% | New |
| Feb 17, 2022 | Comp sales growth | FY2023 | +3% | New |
| Feb 17, 2022 | EPS growth | FY2023 | +5% – +6% | New |
| Feb 17, 2022 | Consolidated operating income | FY2023 | +3% | New |
| Feb 17, 2022 | Effective tax rate | FY2023 | 25% – 26% | New |
| Feb 17, 2022 | Consolidated net sales | FY2023 | +3% | New |
| Nov 16, 2021 | capital expenditures | FY2022 | $13.00B | New |
| Nov 16, 2021 | comp sales | Q4 FY2022 | +5% | New |
| Nov 16, 2021 | comp sales | FY2022 | +6% | New |
| Nov 16, 2021 | Adjusted EPS | FY2022 | $6.40 | New |
| Nov 16, 2021 | GAAP EPS | FY2022 | $5.00 | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Walmart filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Update
- Results