Walmart Inc. (NASDAQ: WMT) has reported its fourth-quarter and full-year financial results for the fiscal year 2026, highlighting significant growth in revenue and operating income. Here are the key facts and figures from the press release:
- Revenue for the fourth quarter was $190.7 billion, representing a 5.6% increase from the previous period, or a 4.9% increase in constant currency (cc).
- Operating income for the same period grew significantly by 10.8%, reaching $0.8 billion, or a 10.5% increase adjusted for constant currency (cc).
- E-commerce sales experienced a substantial 24% global growth, with particular strength in store-fulfilled pickup & delivery and marketplace segments.
- The company's global advertising business saw a remarkable 37% increase, including Vizio, with Walmart Connect in the U.S. experiencing a 41% growth.
- Membership fee revenue also demonstrated robust growth, increasing by 15.1% globally.
For the full fiscal year 2026, Walmart reported the following highlights:
- Revenue reached $713.2 billion, up 4.7%, or 5.1% in constant currency (cc).
- Operating income grew by $0.5 billion, representing a 1.6% increase, or a 5.4% increase adjusted for constant currency (cc).
- The company's global advertising business surged by 46% to nearly $6.4 billion, including Vizio.
- Return on assets (ROA) stood at 8.2%, with return on investment (ROI) at 15.1%, negatively affected by approximately 35 basis points from discrete items.
- Walmart increased its annual dividend to $0.99 per share.
Other financial metrics and business highlights include:
- Cash and cash equivalents of $10.7 billion, total debt of $51.5 billion, operating cash flow of $41.6 billion, and free cash flow of $14.9 billion.
- The company repurchased 85.0 million shares year-to-date, amounting to $8.1 billion.
- Walmart's inventory increased to $58.9 billion, up by $2.4 billion or 4.3%.
Walmart U.S., Walmart International, and Sam's Club U.S. also presented their respective financial and operational performances, with notable growth in net sales and operating income across these segments.
Looking ahead, Walmart provided its outlook for the first quarter and fiscal year 2027, with expectations of net sales to grow between 3.5% to 4.5% and adjusted operating income to grow 6.0% to 8.0% in constant currency (cc). Adjusted earnings per share (EPS) is anticipated to be in the range of $2.75 to $2.85.
Today the company's shares have moved 0.42% to a price of $119.70. For the full picture, make sure to review Walmart's 8-K report.
