WMT Q2 2027 Earnings — Income Statement Breakdown
For its Q2 2027 period (ending 2026-07-31), WMT reported revenue of $187.9B, gross profit of $49.1B (26.1% gross margin), operating income of $9.4B, and net income of $6.4B (3.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
WMT was profitable; revenue grew 5.7% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +5.7% | +19.4% | +0.4 pp |
Consensus estimate data is not available for this report.
WMT Q2 2027 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $187.9B | 100% |
| Cost of Revenue | −$138.8B | 73.9% |
| Gross Profit | $49.1B | 26.1% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$39.8B | 21.2% |
| Operating Income | $9.4B | 5.0% |
| Interest Expense | −$171M | 0.1% |
| Other Income, net | −$1.2B | 0.6% |
| Income Tax Expense | −$1.5B | 0.8% |
| Net Income | $6.4B | 3.4% |
Source: WMT filings on SEC EDGAR (period ended 2026-07-31). Data normalized by EarningsFyi.