Costco Q2 Sales Rise 9.1% to $68.24B, Membership Fees Jump 14%
Costco reported Q2 FY2026 net sales up 9.1% to $68.24B and net income of $2.04B ($4.58/share), while membership fees rose 14% to $1.36B, pushing total revenue to $69.6B and operating income to $2.61B. Comparable sales grew 7.4% and digital sales soared 22.6%, with February net sales up 9.5% to $21.69B.
1. Q2 Fiscal Results
For Q2 FY2026, Costco posted net sales of $68.24B, a 9.1% increase year-over-year, with net income rising to $2.04B, or $4.58 per diluted share. Membership fees climbed 14% to $1.36B, boosting total revenue to $69.6B and operating income to $2.61B.
2. Comparable and Digital Sales Growth
Comparable sales rose 7.4% companywide and 6.7% excluding gasoline and foreign-exchange effects, outpacing the 5.88% estimate, while digitally-enabled sales surged 22.6%. In the February four-week period, net sales increased 9.5% to $21.69B, led by a 17.9% jump in Other International, partly boosted by later Lunar New Year timing.
3. Year-to-Date Cash Flow and Returns
Over the first 24 weeks of fiscal 2026, membership fees totaled $2.68B and total revenue reached $136.9B, supporting operating cash flow of $7.68B. Costco returned cash via $419M in share repurchases and $1.15B in dividends during the period.