Walmart Inc.

For the period ended Jan 31, 2025. Filed Mar 14, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 14, 2025

WMT$125.55-0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

	Fiscal Years Ended January 31,
(Amounts in millions, except per share data)	2025	2024	2023
Revenues:
Net sales	$674,538	$642,637	$605,881
Membership and other income	6,447	5,488	5,408
Total revenues	680,985	648,125	611,289
Costs and expenses:
Cost of sales	511,753	490,142	463,721
Operating, selling, general and administrative expenses	139,884	130,971	127,140
Operating income	29,348	27,012	20,428
Interest:
Debt	2,249	2,259	1,787
Finance lease	479	424	341
Interest income	(483)	(546)	(254)
Interest, net	2,245	2,137	1,874
Other (gains) and losses	794	3,027	1,538
Income before income taxes	26,309	21,848	17,016
Provision for income taxes	6,152	5,578	5,724
Consolidated net income	20,157	16,270	11,292
Consolidated net (income) loss attributable to noncontrolling interest	(721)	(759)	388
Consolidated net income attributable to Walmart	$19,436	$15,511	$11,680
Net income per common share:
Basic net income per common share attributable to Walmart	$2.42	$1.92	$1.43
Diluted net income per common share attributable to Walmart	2.41	1.91	1.42
Weighted-average common shares outstanding:
Basic	8,041	8,077	8,171
Diluted	8,081	8,108	8,202
Dividends declared per common share	$0.8300	$0.7600	$0.7467

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.