← Walmart Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $485.9b $500.3b $514.4b $524.0b $559.2b $572.8b $611.3b $648.1b $681.0b $713.2b
Cost of Revenue $361.3b $373.4b $385.3b $394.6b $420.3b $429.0b $463.7b $490.1b $511.8b $535.4b
Operating expenses:
Operating Income (Loss) $22.8b $20.4b $22.0b $20.6b $22.5b $25.9b $20.4b $27.0b $29.3b $29.8b
Additional Financial Items
Gain (Loss) on Investments — — — — — — — — — $2.0b
Income (Loss) from Continuing Operations before Income Taxes, Domestic $15.7b $10.7b $15.9b $17.1b $20.0b $15.5b $15.1b $20.1b $18.6b $23.3b
Income (Loss) from Continuing Operations, Per Basic Share $4 $3 $2 $5 $5 $5 $4 $2 $2 $3
Income (Loss) from Continuing Operations, Per Diluted Share $4 $3 $2 $5 $5 $5 $4 $2 $2 $3
Investment Income, Interest $100.0m $152.0m $217.0m $189.0m $121.0m $158.0m $254.0m $546.0m $483.0m $368.0m
Other Income $4.6b $4.6b $4.1b $4.0b $3.9b $5.0b $5.4b $5.5b $6.4b $6.8b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $650.0m $661.0m $509.0m $320.0m $196.0m $18.7b $17.0b $21.8b $26.3b $29.5b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $13.6b $9.9b $6.7b — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $14.3b $10.5b $7.2b $320.0m $196.0m $267.0m $388.0m $759.0m $721.0m $377.0m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $661.0m $509.0m $320.0m $196.0m $267.0m $388.0m $759.0m $721.0m $377.0m
Net Income (Loss) Attributable to Parent $13.6b $9.9b $6.7b $14.9b $13.5b $13.7b $11.7b $15.5b $19.4b $21.9b
Net Income (Loss) Attributable to Noncontrolling Interest $650.0m $661.0m $509.0m $320.0m $196.0m $267.0m ($388.0m) $759.0m $721.0m $377.0m
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest $650.0m $661.0m $509.0m $320.0m $196.0m $267.0m ($388.0m) $759.0m $721.0m $377.0m
Earnings Per Share, Basic $1.47 $1.10 $0.76 $1.74 $1.59 $1.63 $1.43 $1.92 $2.42 $2.74
Earnings Per Share, Diluted $1.46 $1.09 $0.75 $1.73 $1.58 $1.62 $1.42 $1.91 $2.41 $2.73
Common Stock, Dividends, Per Share, Declared $0.67 $0.68 $0.69 $0.71 $0.72 $0.73 $0.75 $0.76 $0.83 $0.94
Weighted Average Number of Shares Outstanding, Basic 9.3b 9.0b 8.8b 8.6b 8.5b 8.4b 8.2b 8.1b 8.0b 8.0b
Weighted Average Number of Shares Outstanding, Diluted 9.3b 9.0b 8.8b 8.6b 8.5b 8.4b 8.2b 8.1b 8.1b 8.0b
Other income (expense):
Selling, General and Administrative Expense $101.9b $106.5b $107.1b $108.8b $116.3b $117.8b $127.1b $131.0b $139.9b $147.9b
Interest Income (Expense), Nonoperating, Net — — — — — — — — ($2.2b) ($2.4b)
Current Income Tax Expense (Benefit) $5.5b $4.8b $4.8b $4.6b $4.9b $5.5b $5.3b $5.7b $6.8b $4.9b
Interest Expense, Debt $2.0b $2.0b $2.0b $2.3b $2.0b $1.7b $1.8b $2.3b $2.2b $2.3b
Income Tax Expense (Benefit) $6.2b $4.6b $4.3b $4.9b $6.9b $4.8b $5.7b $5.6b $6.2b $7.2b
Nonoperating Income (Expense) — — ($8.4b) $2.0b $210.0m ($3.0b) ($1.5b) ($3.0b) ($794.0m) $2.1b
Interest Income (Expense), Net ($2.3b) ($2.2b) ($2.1b) ($2.4b) ($2.2b) ($1.8b) ($1.9b) ($2.1b) — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.