Operating Income for Costco (COST)
According to Costco's latest reported financial statements, the company's current operating income (TTM) is $10.94B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
COST
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$10.94B
YoY change
+11.8%
5Y CAGR
+13.8%
Peak year (2025)
$10.38B
Cumulative operating income
$99.90B
Operating Income history chart for Costco (COST) from 1985 to 2025
Operating Income history table for Costco (COST) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $10.38B | +11.8% | ||
| 2024 | $9.29B | +14.4% | ||
| 2023 | $8.11B | +4.1% | ||
| 2022 | $7.79B | +16.2% | ||
| 2021 | $6.71B | +23.4% | ||
| 2020 | $5.43B | +14.7% | ||
| 2019 | $4.74B | +5.7% | ||
| 2018 | $4.48B | +9.0% | ||
| 2017 | $4.11B | +12.0% | ||
| 2016 | $3.67B | +1.3% | ||
| 2015 | $3.62B | +12.5% | ||
| 2014 | $3.22B | +5.5% | ||
| 2013 | $3.05B | +10.7% | ||
| 2012 | $2.76B | +13.1% | ||
| 2011 | $2.44B | +17.4% | ||
| 2010 | $2.08B | +16.9% | ||
| 2009 | $1.78B | -9.7% | ||
| 2008 | $1.97B | +22.4% | ||
| 2007 | $1.61B | -1.0% | ||
| 2006 | $1.63B | +10.3% | ||
| 2005 | $1.47B | +6.4% | ||
| 2004 | $1.39B | +19.8% | ||
| 2003 | $1.16B | +2.2% | ||
| 2002 | $1.13B | +14.0% | ||
| 2001 | $992.27M | -4.4% | ||
| 2000 | $1.04B | +20.6% | ||
| 1999 | $860.10M | +9.2% | ||
| 1998 | $787.30M | +35.6% | ||
| 1997 | $580.70M | +18.3% | ||
| 1996 | $490.80M | +294.2% | ||
| 1995 | $124.50M | -68.3% | ||
| 1994 | $392.20M | +602.9% | ||
| 1993 | $55.80M | +75.5% | ||
| 1992 | $31.80M | -43.1% | ||
| 1991 | $55.90M | -24.0% | ||
| 1990 | $73.60M | +3.5% | ||
| 1989 | $71.10M | +22.0% | ||
| 1988 | $58.30M | -54.1% | ||
| 1987 | $127.00M | +24.8% | ||
| 1986 | $101.80M | +133.0% | ||
| 1985 | $43.70M | — |
Operating Income values are taken from Costco's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Costco (COST) came in at $10.38B – grew 11.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Costco operating income compounded at +13.8% per year, sustaining 16 straight years of year-over-year growth.
$10.38B stands as the all-time-high annual operating income, posted in 2025, against a low of $31.80M during 1992.
Among 8 Consumer Defensive peers, Costco (COST) ranks 7th; the peer median for operating income is $14.35B.
Costco Operating Income by Year
Costco Operating Income 2025: $10.38B
Costco operating income in 2025 was $10.38B, grew 11.8% from 2024. This figure represents the highest annual value in the available history.
Costco Operating Income 2024: $9.29B
Costco operating income in 2024 was $9.29B, grew 14.4% from 2023.
Costco Operating Income 2023: $8.11B
Costco operating income in 2023 was $8.11B, edged up 4.1% from 2022.
Costco Operating Income 2022: $7.79B
Costco operating income in 2022 was $7.79B, grew 16.2% from 2021.
Costco Operating Income 2021: $6.71B
Costco operating income in 2021 was $6.71B.
See more financial history for Costco (COST).
Sector peers — Operating Income
Companies in the same sector as Costco, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $3.62B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.42B | Consumer Defensive |
Frequently asked questions
What is Costco's operating income?
- Latest reported operating income for Costco (COST) is $10.94B (period ending February 15, 2026).
How has Costco operating income changed year-over-year?
- Costco (COST) operating income changed +11.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Costco operating income?
- Costco (COST) operating income compound annual growth rate is +13.8% over the most recent 5 years available.
When did Costco operating income hit its highest annual value?
- Costco operating income reached its highest annual value of $10.38B in 2025.
What was Costco operating income in 2024?
- Costco (COST) operating income in 2024 was $9.29B.
What was Costco operating income in 2025?
- Costco (COST) operating income in 2025 was $10.38B.
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