--- title: "Costco: Metrics Guide" description: "Costco revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/costco/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Costco: Financial & Operating Metrics Guide ## Direct Answer Costco reported revenue of $275 billion for the fiscal year ended August 31, 2025, with an operating margin of 3.8% and net income of $8.1 billion, according to its SEC filings. Revenue grew 8.2% from the prior year. ## What Are Costco's Key Financial Figures? | Fiscal year | FY2025ended August 31, 2025 | FY2024ended September 1, 2024 | FY2023ended September 3, 2023 | FY2022ended August 28, 2022 | | --- | --- | --- | --- | --- | | Revenue | $275 billion | $254 billion | $242 billion | $227 billion | | Operating income | $10.4 billion | $9.3 billion | $8.1 billion | $7.8 billion | | Operating margin | 3.8% | 3.6% | 3.3% | 3.4% | | Net income | $8.1 billion | $7.4 billion | $6.3 billion | $5.8 billion | | Net margin | 2.9% | 2.9% | 2.6% | 2.6% | | Operating cash flow | $13.3 billion | $11.3 billion | $11.1 billion | $7.4 billion | | Capital expenditures | $5.5 billion | $4.7 billion | $4.3 billion | $3.9 billion | | Free cash flow | $7.8 billion | $6.6 billion | $6.7 billion | $3.5 billion | Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $7.8 billion against net income of $8.1 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of Costco revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $275 billion, operating income $10.4 billion and net income $8.1 billion.](https://www.getswoopr.com/images/charts/costco-metrics-revenue-profit.webp) *Costco revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Costco operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 3.8% and net margin was 2.9%.](https://www.getswoopr.com/images/charts/costco-metrics-margins.webp) *Costco operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Costco operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $13.3 billion, capital expenditures was $5.5 billion, free cash flow was $7.8 billion.](https://www.getswoopr.com/images/charts/costco-metrics-cash-flow.webp) *Costco operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Costco's Balance Sheet Show? | Cash and cash equivalents | $14.2 billion | | --- | --- | | Long-term debt | $5.7 billion | | Total assets | $77.1 billion | | Total liabilities | $47.9 billion | | Shareholders' equity | $29.2 billion | | Current ratio | 1.0x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Costco reported in its own SEC filings, read from the SEC's XBRL data (accession 0000909832-25-000101 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Costco's revenue in fiscal 2025? Costco reported revenue of $275 billion for the fiscal year ended August 31, 2025, according to its SEC filings. ### What is Costco's operating margin? Costco's operating margin was 3.8% in fiscal 2025: operating income of $10.4 billion on revenue of $275 billion. ### How much free cash flow did Costco generate? Operating cash flow of $13.3 billion less capital expenditures of $5.5 billion gives free cash flow of $7.8 billion for fiscal 2025. ## References - [SEC EDGAR: COSTCO WHOLESALE CORP /NEW Form 10-K filed October 8, 2025](https://www.sec.gov/Archives/edgar/data/909832/000090983225000101/cost-20250831.htm) - [SEC EDGAR: COSTCO WHOLESALE CORP /NEW annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=909832&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Costco company dossier](https://www.getswoopr.com/stocks/companies/costco/) - [Costco financial metrics](https://www.getswoopr.com/stocks/companies/costco/metrics/) - [Costco financial risk indicators](https://www.getswoopr.com/stocks/companies/costco/risks/) - [Costco peer comparison](https://www.getswoopr.com/stocks/companies/costco/competitors/) - [Costco business model and revenue mix](https://www.getswoopr.com/stocks/companies/costco/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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