WMT Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-04-30), WMT reported revenue of $177.8B, gross profit of $42.6B (24.0% gross margin), operating income of $7.5B, and net income of $5.3B (3.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
WMT was profitable; revenue fell 0.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −0.0% | −13.2% | −0.5 pp |
Consensus estimate data is not available for this report.
WMT Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $177.8B | 100% |
| Cost of Revenue | −$133.1B | 74.9% |
| Gross Profit | $42.6B | 24.0% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$37.2B | 20.9% |
| Operating Income | $7.5B | 4.2% |
| Interest Expense | −$699M | 0.4% |
| Other Income, net | $275M | 0.2% |
| Income Tax Expense | −$1.7B | 0.9% |
| Net Income | $5.3B | 3.0% |
Source: WMT filings on SEC EDGAR (period ended 2026-04-30). Data normalized by EarningsFyi.