Walmart Inc.

For the period ended Jul 31, 2025. Filed Aug 29, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jul 31, 2025 · Filed Aug 29, 2025

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

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Contents

Condensed Consolidated Statements of Income

	Three Months Ended July 31,		Six Months Ended July 31,
(Amounts in millions, except per share data)	2025	2024	2025	2024
Revenues:
Net sales	$175,750	$167,767	$339,731	$327,705
Membership and other income	1,652	1,568	3,280	3,138
Total revenues	177,402	169,335	343,011	330,843
Costs and expenses:
Cost of sales	132,771	126,810	257,074	248,241
Operating, selling, general and administrative expenses	37,345	34,585	71,516	67,821
Operating income	7,286	7,940	14,421	14,781
Interest:
Debt	651	557	1,170	1,154
Finance lease	118	122	236	239
Interest income	(94)	(114)	(187)	(228)
Interest, net	675	565	1,219	1,165
Other (gains) and losses	(2,708)	1,162	(2,111)	368
Income before income taxes	9,319	6,213	15,313	13,248
Provision for income taxes	2,168	1,502	3,523	3,230
Consolidated net income	7,151	4,711	11,790	10,018
Consolidated net income attributable to noncontrolling interest	(125)	(210)	(277)	(413)
Consolidated net income attributable to Walmart	$7,026	$4,501	$11,513	$9,605
Net income per common share:
Basic net income per common share attributable to Walmart	$0.88	$0.56	$1.44	$1.19
Diluted net income per common share attributable to Walmart	0.88	0.56	1.43	1.19
Weighted-average common shares outstanding:
Basic	7,978	8,044	7,994	8,048
Diluted	8,016	8,081	8,033	8,082
Dividends declared per common share	$—	$—	$0.94	$0.83

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.