WMT Q3 2026 results at a glance
Walmart Inc. Q3 2026 key results metrics| Quarter | Q3 2026 |
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| Quarter ended | 31 Jul 2026 |
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| Revenue | $187.94B |
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| Revenue YoY | +5.9% |
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| Operating profit | $9.38B |
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| Operating margin | 5.0% |
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| Net profit | $6.37B |
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| Net profit YoY | -9.4% |
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| Net profit QoQ | +19.4% |
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| Net margin | 3.4% |
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| Basic EPS | $0.80 |
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| TTM revenue | $735.84B |
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| TTM net profit | $22.08B |
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| TTM net margin | 3.0% |
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WMT Q3 2026 results: what the numbers say
Walmart Inc. (WMT) has reported its Q3 2026 results for the quarter ended 2026-07-31. The company posted revenue of $187.94B and a net profit of $6.37B, translating into earnings per share of $0.80.
Compared with the same quarter a year earlier, revenue grew by +5.9% and net profit declined by -9.4%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at $9.38B, an operating margin of 5.0% versus 4.1% a year ago — a gain of 0.9 percentage points.
WMT quarter-wise results table
Net profit
$6.37B
-9.4% YoY
Operating profit
$9.38B
+28.8% YoY
Walmart Inc. (WMT) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q3 20262026-07-31 | $187.94B | $9.38B | $6.37B | 5.0% | 3.4% | $0.80 | -9.4% | +19.4% |
| Q2 20262026-04-30 | $177.75B | $7.49B | $5.33B | 4.2% | 3.0% | $0.67 | — | +25.8% |
| Q1 20262026-01-31 | $190.66B | $8.71B | $4.24B | 4.6% | 2.2% | $0.53 | — | -31.0% |
| Q4 20252025-10-31 | $179.50B | $6.70B | $6.14B | 3.7% | 3.4% | $0.77 | — | -12.6% |
| Q3 20252025-07-31 | $177.40B | $7.29B | $7.03B | 4.1% | 4.0% | $0.88 | — | — |
| TTM (last 4 quarters) | $735.84B | $32.28B | $22.08B | 4.4% | 3.0% | $2.77 | — | — |
Consolidated figures as reported to the exchanges. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
WMT quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax.
Walmart Inc. quarterly income statement| Particulars | Q3 20262026-07-31 | Q2 20262026-04-30 | Q1 20262026-01-31 | Q4 20252025-10-31 | Q3 20252025-07-31 |
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| Revenue / Sales | $187.94B | $177.75B | $190.66B | $179.50B | $177.40B |
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| Total expenses | $178.55B | $170.26B | $181.95B | $172.80B | $170.12B |
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| Gross profit | $49.13B | $44.69B | $47.04B | $44.79B | $44.63B |
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| Operating profit (EBIT) | $9.38B | $7.49B | $8.71B | $6.70B | $7.29B |
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| Operating margin | 5.0% | 4.2% | 4.6% | 3.7% | 4.1% |
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| Interest cost | $263.00M | $699.00M | $709.00M | $684.00M | $769.00M |
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| Profit before tax | $8.01B | $7.15B | $5.97B | $8.19B | $9.32B |
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| Tax expense | $1.48B | $1.66B | $1.58B | $2.10B | $2.17B |
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| Effective tax rate | 18.5% | 23.2% | 26.4% | 25.6% | 23.3% |
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| Net profit (PAT) | $6.37B | $5.33B | $4.24B | $6.14B | $7.03B |
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| Net profit margin | 3.4% | 3.0% | 2.2% | 3.4% | 4.0% |
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| Basic EPS | $0.80 | $0.67 | $0.53 | $0.77 | $0.88 |
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| Diluted EPS | $0.80 | $0.67 | $0.53 | $0.77 | $0.88 |
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WMT results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
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| Revenue YoY | +5.9% | — | — | — | — |
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| Revenue QoQ | +5.7% | -6.8% | +6.2% | +1.2% | — |
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| Operating profit YoY | +28.8% | — | — | — | — |
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| Operating profit QoQ | +25.2% | -14.0% | +30.0% | -8.1% | — |
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| Net profit YoY | -9.4% | — | — | — | — |
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| Net profit QoQ | +19.4% | +25.8% | -31.0% | -12.6% | — |
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| EPS YoY | -9.1% | — | — | — | — |
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| EPS QoQ | +19.4% | +26.4% | -31.2% | -12.5% | — |
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WMT annual results history
Full-year performance for Walmart Inc., useful for reading each quarter in context.
Walmart Inc. annual income statement| Particulars | 20262026-01-31 | 20252025-01-31 | 20242024-01-31 | 20232023-01-31 |
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| Revenue / Sales | $713.16B | $680.99B | $648.13B | $611.29B |
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| Total expenses | $683.34B | $651.64B | $621.11B | $590.86B |
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| Gross profit | $177.77B | $169.23B | $157.98B | $147.57B |
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| Operating profit (EBIT) | $29.82B | $29.35B | $27.01B | $20.43B |
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| Operating margin | 4.2% | 4.3% | 4.2% | 3.3% |
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| Interest cost | $2.80B | $2.73B | $2.68B | $2.13B |
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| Profit before tax | $29.47B | $26.31B | $21.85B | $17.02B |
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| Tax expense | $7.20B | $6.15B | $5.58B | $5.72B |
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| Effective tax rate | 24.4% | 23.4% | 25.5% | 33.6% |
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| Net profit (PAT) | $21.89B | $19.44B | $15.51B | $11.68B |
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| Net profit margin | 3.1% | 2.9% | 2.4% | 1.9% |
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| Basic EPS | $2.74 | $2.42 | $1.92 | $1.43 |
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| Diluted EPS | $2.73 | $2.41 | $1.91 | $1.42 |
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Revenue trend and demand read-through
Topline for Q3 2026 came in at $187.94B against $177.40B in Q3 2025, and $177.75B in the preceding Q2 2026 quarter.
On a sequential basis revenue grew +5.7%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were $178.55B, or 95.0% of revenue, with operating profit grew +28.8% year on year.
Margins, tax and profitability
Net profit of $6.37B works out to a net margin of 3.4% compared with 4.0% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, Walmart Inc. reported profit before tax of $8.01B, a tax charge of $1.48B (effective rate 18.5%), interest cost of $263.00M. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from $5.33B in Q2 2026 to $6.37B in Q3 2026, a change of +19.4%.
Trailing twelve months and annual context
Across the trailing four quarters Walmart Inc. has generated revenue of $735.84B and net profit of $22.08B, a trailing net margin of 3.0%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, 2026 revenue was $713.16B with net profit of $21.89B and EPS of $2.74, versus the prior year where revenue grew +4.7% and profit grew +12.6%.
What to watch in the next WMT quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
Walmart Inc. has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges, without adjustment. This is information and analysis, not investment advice.
WMT results coverage
No results report published for WMT yet — our desk covers each quarter within minutes of the filing.
WMT quarterly results FAQs
What were Walmart Inc. (WMT) Q3 2026 results?
In Q3 2026 (quarter ended 31 Jul 2026), Walmart Inc. reported revenue of $187.94B and net profit of $6.37B, a change of -9.4% year on year on +5.9% revenue growth. EPS stood at $0.80.
What is WMT profit margin in Q3 2026?
Walmart Inc. posted a net profit margin of 3.4% and an operating margin of 5.0% in Q3 2026. On a trailing twelve-month basis, revenue is $735.84B and net profit $22.08B.
Did WMT results beat the previous quarter?
Walmart Inc. net profit changed +19.4% quarter on quarter, from $5.33B in Q2 2026 to $6.37B in Q3 2026.
When are Walmart Inc. (WMT) quarterly results?
Walmart Inc. has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see WMT latest quarterly results?
Results coverage for WMT will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the WMT stock page.
What is Walmart Inc. annual revenue and profit?
For 2026, Walmart Inc. reported full-year revenue of $713.16B and net profit of $21.89B, with EPS of $2.74.
How many quarterly results has WMT declared recently?
Past results dates for WMT will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
