TTM
$30.2B
YoY change
+1.6%
5Y CAGR
+5.8%
Peak year (FY2026)
$29.8B
Cumulative operating income
$632B
Operating Income history chart for Walmart (WMT) from 2017 to 2026
Latest: $29.8B
Operating Income growth chart for Walmart (WMT) from 2017 to 2026
Latest: +1.6%
Operating Income history table for Walmart (WMT) from 1986 to 2026
| FY2026 | $29.8B | +1.6% | +$477M | ||
| FY2025 | $29.3B | +8.6% | +$2.34B | ||
| FY2024 | $27B | +32.2% | +$6.58B | ||
| FY2023 | $20.4B | -21.3% | -$5.51B | ||
| FY2022 | $25.9B | +15.1% | +$3.39B | ||
| FY2021 | $22.5B | +9.6% | +$1.98B | ||
| FY2020 | $20.6B | -6.3% | -$1.39B | ||
| FY2019 | $22B | +7.4% | +$1.52B | ||
| FY2018 | $20.4B | -10.2% | -$2.33B | ||
| FY2017 | $22.8B | -5.6% | -$1.34B | ||
| FY2016 | $24.1B | -11.2% | -$3.04B | ||
| FY2015 | $27.1B | +1.0% | +$275M | ||
| FY2014 | $26.9B | -3.1% | -$853M | ||
| FY2013 | $27.7B | +4.7% | +$1.23B | ||
| FY2012 | $26.5B | +3.7% | +$949M | ||
| FY2011 | $25.5B | +6.4% | +$1.54B | ||
| FY2010 | $24B | +5.4% | +$1.24B | ||
| FY2009 | $22.8B | +3.7% | +$815M | ||
| FY2008 | $22B | +7.1% | +$1.46B | ||
| FY2007 | $20.5B | +9.5% | +$1.78B | ||
| FY2006 | $18.7B | +8.2% | +$1.41B | ||
| FY2005 | $17.3B | +15.1% | +$2.28B | ||
| FY2004 | $15B | +13.0% | +$1.73B | ||
| FY2003 | $13.3B | +14.8% | +$1.72B | ||
| FY2002 | $11.6B | +2.4% | +$268M | ||
| FY2001 | $11.3B | +36.1% | +$3B | ||
| FY2000 | $8.31B | +26.9% | +$1.76B | ||
| FY1999 | $6.55B | +26.8% | +$1.38B | ||
| FY1998 | $5.16B | +17.1% | +$754M | ||
| FY1997 | $4.41B | +7.2% | +$296M | ||
| FY1996 | $4.11B | +1.5% | +$62M | ||
| FY1995 | $4.05B | +13.5% | +$483M | ||
| FY1994 | $3.57B | +19.4% | +$579M | ||
| FY1993 | $2.99B | +23.7% | +$572M | ||
| FY1992 | $2.42B | +23.9% | +$467M | ||
| FY1991 | $1.95B | +16.7% | +$279M | ||
| FY1990 | $1.67B | +26.2% | +$347M | ||
| FY1989 | $1.32B | +22.8% | +$246M | ||
| FY1988 | $1.08B | +27.1% | +$230M | ||
| FY1987 | $848M | +37.3% | +$230M | ||
| FY1986 | $618M | — | — |
- FY2026$29.8B+1.6%
- FY2025$29.3B+8.6%
- FY2024$27B+32.2%
- FY2023$20.4B-21.3%
- FY2022$25.9B+15.1%
- FY2021$22.5B+9.6%
- FY2020$20.6B-6.3%
- FY2019$22B+7.4%
- FY2018$20.4B-10.2%
- FY2017$22.8B-5.6%
- FY2016$24.1B-11.2%
- FY2015$27.1B+1.0%
- FY2014$26.9B-3.1%
- FY2013$27.7B+4.7%
- FY2012$26.5B+3.7%
- FY2011$25.5B+6.4%
- FY2010$24B+5.4%
- FY2009$22.8B+3.7%
- FY2008$22B+7.1%
- FY2007$20.5B+9.5%
- FY2006$18.7B+8.2%
- FY2005$17.3B+15.1%
- FY2004$15B+13.0%
- FY2003$13.3B+14.8%
- FY2002$11.6B+2.4%
- FY2001$11.3B+36.1%
- FY2000$8.31B+26.9%
- FY1999$6.55B+26.8%
- FY1998$5.16B+17.1%
- FY1997$4.41B+7.2%
- FY1996$4.11B+1.5%
- FY1995$4.05B+13.5%
- FY1994$3.57B+19.4%
- FY1993$2.99B+23.7%
- FY1992$2.42B+23.9%
- FY1991$1.95B+16.7%
- FY1990$1.67B+26.2%
- FY1989$1.32B+22.8%
- FY1988$1.08B+27.1%
- FY1987$848M+37.3%
- FY1986$618M—
Operating Income values are taken from Walmart's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Walmart (WMT)
According to Walmart's latest reported financial statements, the company's current operating income (TTM) is $30.2B. 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 .
As of the 2026 fiscal year, Walmart (WMT) reported operating income of $29.8B – edged up 1.6% year-over-year.
Across 2021–2026 (5 years), Walmart operating income produced a CAGR of +5.8% – sustaining 3 straight years of year-over-year growth.
The highest annual operating income of $29.8B was reported in 2026. The lowest in the available history was $618M in 1986.
Walmart Operating Income by Year
Walmart Operating Income 2026: $29.8B
2026's operating income for Walmart came in at $29.8B, edged up 1.6% from 2025. This figure represents the highest annual value in the available history.
Walmart Operating Income 2025: $29.3B
Walmart posted operating income of $29.3B in 2025, grew 8.6% from 2024.
Walmart Operating Income 2024: $27B
In 2024, Walmart reported operating income of $27B, surged 32.2% from 2023.
Walmart Operating Income 2023: $20.4B
Walmart operating income in 2023 was $20.4B, declined 21.3% below 2022.
Walmart Operating Income 2022: $25.9B
Walmart operating income in 2022 was $25.9B.
See more financial history for Walmart (WMT).
Sector peers by Operating Income
Consumer Defensive peers of Walmart (WMT), ranked by their latest operating income
| $19.7B | |
| $15.1B | |
| $14.9B | |
| $13.8B | |
| $13.5B | |
| $10.4B | |
| $3.62B | |
| $2.42B |
- $19.7B
- $15.1B
- $13.8B
- $13.5B
- $10.4B
- $2.42B
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