Walmart Inc. Common Stock (WMT) Financials
Key financial figures for Walmart Inc. Common Stock (Q2 2027).
Walmart posted Q2 FY2027 revenue of $187.9 billion (up 5.9%) and operating income of $9.4 billion (up 28.8%), while GAAP diluted EPS fell 9.1% year-over-year to $0.80 on a swing in unrealized investment gains/losses; the company raised its full-year FY2027 outlook. Total revenue of $187.9B, up 5.9% (5.1% in constant currency); net sales of $186.1B plus $1.8B of membership and other income. Operating income rose 28.8% to $9.4B (17.4% on an adjusted constant-currency basis), driven by gross profit rate expansion (+96 bps) and the benefit of tariff refunds received in the quarter. GAAP diluted EPS of $0.80 was down 9.1% from $0.88 a year ago; Adjusted EPS of $0.81 (non-GAAP) reflects a $0.15/share pre-tax hit from unrealized/realized losses on equity and other investments plus a certain tax matter. Walmart U.S. comp sales (ex. On the outlook: For Q3 FY2027, Walmart guided to net sales growth of 3.0%-3.75% and adjusted operating income growth of 2.0%-4.0% (constant currency), with adjusted EPS of $0.62-$0.64; management flagged a 100+ bps Q3 sales headwind from a timing shift of Flipkart's Big Billion Days promotion into Q4. For full-year FY2027, Walmart raised its outlook to net sales growth of 4.0%-5.0% and adjusted operating income growth of 7.0%-8.5% (both constant currency), with adjusted EPS of $2.80-$2.87 (up from the prior $2.75-$2.85 range) and capital expenditures of approximately 4.0% of net sales (up from a prior ~3.5% guide). CFO John David Rainey said the operating income outlook reflects continued prioritization of tariff refunds received in Q2 into customer experience and price investments in the second half, and encouraged viewing Q2 and Q3 performance together to assess underlying business growth. Figures are for Q2 FY2027, as Walmart Inc. reported them.
- Revenue
- $187.9B
- Net Income
- $6.5B
- EPS
- $0.80
- Total Assets
- $293.9B
- Operating Cash Flow
- $15.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $187.9B | $6.4B | $0.80 | 4.99% | $7.5B |
| Q1 FY2027 | $177.8B | $5.3B | $0.67 | 4.22% | -$1.9B |
| Q4 FY2026 | $190.7B | $4.2B | $0.53 | 4.57% | $6.1B |
| Q3 FY2026 | $179.5B | $6.1B | $0.77 | 3.73% | $1.9B |
| Q2 FY2026 | $177.4B | $7.0B | $0.88 | 4.11% | $6.5B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $713.2B | $21.9B | $2.73 | 4.18% | $14.9B |
| FY2025 | $681.0B | $19.4B | $2.41 | 4.31% | $12.7B |
| FY2024 | $648.1B | $15.5B | $1.91 | 4.17% | $15.1B |
Frequently asked questions
What was Walmart Inc.'s revenue last quarter?
Walmart Inc. reported revenue of $187.94 billion for Q2 FY2027, up 5.9% from the same period a year earlier.
Is Walmart Inc. profitable?
Yes. Walmart Inc. reported net income of $6.37 billion for Q2 FY2027, a net margin of 3.39% on revenue.
How has Walmart Inc.'s margin trended?
Operating margin was 4.99% in Q2 FY2027, compared with 4.11% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Walmart Inc. generate?
Walmart Inc. generated free cash flow of $7.48 billion in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Walmart Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.