Walmart (NASDAQ: WMT) net income
Walmart reported a net profit of $21,893m for fiscal 2026, 12.6% more than in fiscal 2025 ($19,436m). Its net margin was 3.1%. Earnings per share were $2.74.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2026 | $21,893m | +12.6% | 3.1% | $2.74 |
| 2025 | $19,436m | +25.3% | 2.9% | $2.42 |
| 2024 | $15,511m | +32.8% | 2.4% | $1.92 |
| 2023 | $11,680m | −14.6% | 1.9% | $4.29 |
| 2022 | $13,673m | +1.2% | 2.4% | $4.90 |
| 2021 | $13,510m | −9.2% | 2.4% | $4.77 |
| 2020 | $14,881m | +123.1% | 2.8% | $5.22 |
| 2019 | $6,670m | −32.4% | 1.3% | $2.28 |
| 2018 | $9,862m | −27.7% | 2.0% | $3.29 |
| 2017 | $13,643m | — | 2.8% | $4.40 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Walmart
- How much did Walmart earn in fiscal 2026?
- Walmart reported a net profit of $21,893m for fiscal 2026. In fiscal 2025 it reported a net profit of $19,436m.
- What are the earnings per share of Walmart?
- They were $2.74 in fiscal 2026, compared with $2.42 in fiscal 2025.
- What is the net margin of Walmart?
- In fiscal 2026 its net profit was 3.1% of its revenue.
- What was the most profitable year for Walmart?
- Of its last 10 fiscal years, fiscal 2026, with $21,893m.
- Where do the figures for Walmart come from?
- From the annual report (Form 10-K) that Walmart files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Walmart files with the SEC. The filing for each fiscal year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017. More on Walmart: the Walmart page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Walmart by fiscal year, with the filing behind every figure: Walmart dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.