Flagship explainer

How COSTCO WHOLESALE CORP /NEW makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$275.2B · 100%Cost of revenue$239.9B · 87%Gross profit$35.3B · 13%Operating income$10.4B · 4%Income before tax$10.8B · 4%Income tax$2.7B · 1%Net income$8.1B · 3%As of 2025-08-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$275.2B100%
Cost of revenue$239.9B87%
$35.3B13%
$10.4B4%
Income before tax$10.8B4%
Income tax$2.7B1%
$8.1B3%
Source: · event Aug 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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