What Are Walmart's Key Financial Figures?
| Fiscal year | FY2026 ended January 31, 2026 | FY2025 ended January 31, 2025 | FY2024 ended January 31, 2024 | FY2023 ended January 31, 2023 |
|---|---|---|---|---|
| Revenue | $713 billion | $681 billion | $648 billion | $611 billion |
| Operating income | $29.8 billion | $29.3 billion | $27.0 billion | $20.4 billion |
| Operating margin | 4.2% | 4.3% | 4.2% | 3.3% |
| Net income | $21.9 billion | $19.4 billion | $15.5 billion | $11.7 billion |
| Net margin | 3.1% | 2.9% | 2.4% | 1.9% |
| Operating cash flow | $41.6 billion | $36.4 billion | $35.7 billion | $28.8 billion |
| Capital expenditures | $26.6 billion | $23.8 billion | $20.6 billion | $16.9 billion |
| Free cash flow | $14.9 billion | $12.7 billion | $15.1 billion | $12.0 billion |
Operating margin held roughly steady between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $14.9 billion against net income of $21.9 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Walmart's Balance Sheet Show?
| Cash and cash equivalents | $10.7 billion |
|---|---|
| Long-term debt | $34.6 billion |
| Total assets | $285 billion |
| Total liabilities | Not reported |
| Shareholders' equity | $99.6 billion |
| Current ratio | 0.8x |
Balance sheet values are as of the end of fiscal 2026. 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 Walmart reported in its own SEC filings, read from the SEC's XBRL data (accession 0000104169-26-000055 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 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 Walmart's revenue in fiscal 2026?
Walmart reported revenue of $713 billion for the fiscal year ended January 31, 2026, according to its SEC filings.
What is Walmart's operating margin?
Walmart's operating margin was 4.2% in fiscal 2026: operating income of $29.8 billion on revenue of $713 billion.
How much free cash flow did Walmart generate?
Operating cash flow of $41.6 billion less capital expenditures of $26.6 billion gives free cash flow of $14.9 billion for fiscal 2026.