Walmart FY26 Revenue Climbs 4.7% to $713.2B as E-Commerce Hits $150.4B
Walmart posted total revenue of $713.16bn for FY26, up 4.7%, while net income increased to $22.27bn and operating income rose to $29.82bn (4.2% of net sales). Global e-commerce sales reached $150.4bn with Walmart US at $99.6bn, membership fee income climbed 15.5% to $4.4bn and advertising revenue surged 46%.
1. Fiscal 2026 Financial Results
Walmart posted total revenue of $713.16bn for the year ended January 31, 2026, marking a 4.7% increase over FY25. Net income rose to $22.27bn from $20.15bn, and operating income edged up to $29.82bn, representing 4.2% of net sales, down 13 basis points year-over-year.
2. Digital, Membership and Advertising Growth
Global e-commerce sales reached $150.4bn, with the US segment contributing $99.6bn, up from $79.3bn. Membership fee income jumped 15.5% to $4.4bn, driven by Walmart+ and Sam’s Club subscriptions, while global advertising revenue surged 46%.
3. Segment Performance and International Charge
Walmart US net sales grew 4.4% to $482.97bn, international sales rose 7% to $130.42bn, and Sam’s Club US increased 3.1% to $93.01bn. International operating income fell to $5.10bn from $5.50bn, reflecting a $0.7bn non-cash charge tied to share-based payment changes at PhonePe.
4. Capital Expenditure and Share Repurchase
Capital expenditure climbed to $26.64bn, focused on supply chain automation, technology, and customer initiatives, with guidance of $25bn–$27bn for FY27. The board approved a new $30bn share repurchase program with no expiration date.