Flagship explainer
How WALMART INC. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $706.4B | 100% |
| |
| Cost of revenue | $535.4B | 76% |
|
| $171.0B | 24% |
| |
| $29.8B | 4% |
| |
| Income before tax | $29.5B | 4% |
|
| Income tax | $7.2B | 1% |
|
| $21.9B | 3% |
|
Source:
- SEC filing · FY 2026Filing detailsAccession 0000104169-26-000055