FINHUB Insights

WMT · Q3 FY26 · Aug 1 – Oct 31, 2025

Walmart Q3 FY26: where the revenue came from and where it went

Walmart Q3 FY26: revenue $179.5B (+6% year over year). Net profit $6.1B. Largest cohort Walmart U.S. $121.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Aug 1 – Oct 31, 2025
Reported
Dec 3, 2025 10-Q
Sankey diagram of Walmart's income statement for Q3 FY26: revenue of $179.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$179.5B +6% year over year
Gross profit$44.8B 25% margin
Operating profit$6.7B 4% margin
Net profit$6.1B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Oct 31, 2025).
ItemValueShare of revenueYear over year
Revenue 179.5 100% +6%
Walmart U.S. 121.3 68% +6%
Walmart International 33.9 19%
Sam's Club U.S. 24.2 13%
Cost of revenue−134.775%
Gross profit44.825% margin+0pp
SG&A−38.121%+0pp
Operating profit6.74% margin+0pp
Tax−2.1
Net profit6.13%+1pp
Filing on EDGAR More quarters of WMT

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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