Cost of revenue · 2011–2025
Walmart cost of revenue
$535B+4.6% · FY2025
Walmart (WMT) reported $535B in cost of revenue for fiscal 2025, +4.6% year on year.
| Fiscal year | Cost of revenue | Change | Filing |
|---|---|---|---|
| FY20252026-01-31 | $535B | +4.6% | Open → |
| FY20242025-01-31 | $512B | +4.4% | Open → |
| FY20232024-01-31 | $490B | +5.7% | Open → |
| FY20222023-01-31 | $464B | +8.1% | Open → |
| FY20212022-01-31 | $429B | +2.1% | Open → |
| FY20202021-01-31 | $420B | +6.5% | Open → |
| FY20192020-01-31 | $395B | +2.4% | Open → |
| FY20182019-01-31 | $385B | +3.2% | Open → |
| FY20172018-01-31 | $373B | +3.4% | Open → |
| FY20162017-01-31 | $361B | +0.1% | Open → |
| FY20152016-01-31 | $361B | −1.1% | Open → |
| FY20142015-01-31 | $365B | +2.0% | Open → |
| FY20132014-01-31 | $358B | +1.6% | Open → |
| FY20122013-01-31 | $352B | +5.2% | Open → |
| FY20112012-01-31 | $335B | — | Open → |
Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +3.4%
Cost of revenue at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Walmart cost of revenue |url=https://companiesranked.com/en/company/walmart/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Walmart cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/walmart/cost-of-revenueBibTeX
@misc{companiesranked-en-company-walmart-cost-of-revenue-2026,
author = {{CompaniesRanked}},
title = {{Walmart cost of revenue}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/walmart/cost-of-revenue}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0000104169-26-000055 · March 13, 2026
{{cite web |title=Walmart cost of revenue — 10-K (0000104169-26-000055) |url=https://www.sec.gov/Archives/edgar/data/104169/000010416926000055/wmt-20260131.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-13}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.