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Companies $WMT
$119.80 -$0.49 (0.41%) Pre-market

What Do They Do?

Sells groceries, general merchandise and health products to U.S. shoppers through stores and online, and serves international shoppers and club members through retail, wholesale and membership-club businesses.

How Do They Make Money?

revenue
SegmentShareRevenue
Walmart U.S.
68%
FY2023: 69%
Walmart International
19%
FY2023: 17%
Sam's Club U.S.
13%
FY2023: 14%

Who Are Their Customers?

Shoppers buy through Walmart stores, websites and mobile apps, with pickup and delivery options; Sam's Club members shop at clubs and online, including through curbside pickup and club delivery.

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2026 and turned 2 cents into free cash flow.

Operating income, FY2026
4% of revenue
▲ +2% vs FY2025 ($29.3B, 4%)
Net income, FY2026
3% of revenue
▲ +13% vs FY2025 ($19.4B, 3%)
Free cash flow, FY2026
2% of revenue
▲ +18% vs FY2025 ($12.7B, 2%)

How Are They Changing?

Since the FY2026 annual report
Latest quarter: Q2 FY2027, the three months to Jul 31, 2026
Revenue
▲ +6%
vs $177.4B in Q2 FY2026
Net income
▼ −9%
vs $7B in Q2 FY2026
Walmart U.S. share of revenue vs 68.5% in Q2 FY2026
  • Aug 20, 2026 Raises fiscal-year outlook and issues third-quarter guidance Forecasts net sales growth of 4.0% to 5.0% and adjusted operating income growth of 7.0% to 8.5% for FY27.

Growing. Revenue grew 25% in 4 years, from $572.8B in FY2022 to $713.2B in FY2026, about 6% a year.

Revenue over time
Walmart U.S. Walmart International Sam's Club U.S. Sam's Club Corporate and support
$1T$500B$0

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