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Screener / SEC EDGAR /CIK 0000104169 /10-K filed Mar 13, 2026, compared with Mar 14, 2025 /Numbers from the XBRL of the 10-Ks
Consumer staples peers:
TGTBGPEPWMTKRCOST
Nasdaq Consumer staples · Discount Stores

Walmart WMT

WMT quote by TradingView
Headquarters
Bentonville, AR
CEO
John R. Furner
Next results
around Nov 19, 2026
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $713.2B through the costs to a net profit of $21.9B · income statement of the 10-K

4% operating margin
Revenue to Gross profit: $177.8BRevenue to Cost of revenue: $535.4BGross profit to Operating profit: $29.8BGross profit to Operating expenses: $147.9BOperating profit to Net profit: $21.9BOperating profit to Tax & other: $7.9B Revenue: $713.2B REVENUE $713.2B +5% Y/Y Gross profit: $177.8B · 25% margin GROSS PROFIT $177.8B 25% margin Cost of revenue: $535.4B · 75% of revenue COST OF REVENUE $535.4B 75% of revenue Operating profit: $29.8B · 4% margin OPERATING PROFIT $29.8B 4% margin · +2% Y/Y Operating expenses: $147.9B · 21% of revenue OPERATING EXPENSES $147.9B 21% of revenue Net profit: $21.9B · 3% margin NET PROFIT $21.9B 3% margin · +13% Y/Y Tax & other: $7.9B · 1% of revenue TAX & OTHER $7.9B 1% of revenue
Gross profit $177.8B 25% margin
Operating profit $29.8B 4% margin · +2% Y/Y
Net profit $21.9B 3% margin · +13% Y/Y
The full income statement, year by year

WMT among Consumer staples peers

Six ratios from the latest 10-K. Each corner is the share of 32 peers the company is above, not a score.

Compare
Revenue growth: 4.7%, above 69% of 32 peers (their median 2.0%) REVENUE GROWTH 4.7% · above 69% Gross margin: 24.2%, above 20% of 30 peers (their median 40.5%) GROSS MARGIN 24.2% · above 20% Operating margin: 4.4%, above 21% of 28 peers (their median 14.1%) OPERATING MARGIN 4.4% · above 21% Net margin: 3.0%, above 31% of 32 peers (their median 8.8%) NET MARGIN 3.0% · above 31% FCF margin: 1.8%, above 9% of 32 peers (their median 10.7%) FCF MARGIN 1.8% · above 9% Return on capital: 15.2%, above 75% of 24 peers (their median 12.1%) RETURN ON CAPITAL 15.2% · above 75%
WMT Peer median Below the median

What changed

3 new risk paragraphs. 10-K filed Mar 13, 2026 against Mar 14, 2025.

Risk factors
3 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
11 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
1 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables +12.0% vs revenue +4.7% (+7.3 pts)
  • Cash from operations $41.6B vs net income $21.9B (FY ending Jan 31, 2026)
  • Inventory +4.3% vs revenue +4.7% (-0.4 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Contingencies
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

3 paragraphs in Risk Factors that were not in the 10-K filed Mar 14, 2025. Quoted as filed.

All 3 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1A
    Further, the protection of our proprietary rights, including our trademarks, copyrights, domain names, patents and trade secrets, is important to our business. Effective protection of our proprietary rights may not be available in every jurisdiction in which we offer our products and services, and we may not be able to prevent or deter…
  2. Item 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1A
    The occurrence of these events could result in immediate and longer-term impacts on our operations, including physical damage or loss of properties, the closure of stores, clubs and distribution or fulfillment centers, limited operating hours, workforce shortages and challenges in labor availability, the inability of customers and…
  3. Item 1A · new paragraph · not in the 10-K filed Mar 14, 2025 10-K, ITEM 1A
    Claims for insurance-related liabilities, such as workers' compensation, general liability, auto liability, product liability and certain employee-related healthcare benefits, are funded predominantly through self-insurance. Insurance coverage is maintained for certain risks to limit exposures arising from significant losses. The types…

New risk paragraphs, against peers

Latest 10-K of each, Consumer staples companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$611.3B$648.1B$681.0B$713.2B
Net income$11.7B$15.5B$19.4B$21.9B
Operating cash flow$28.8B$35.7B$36.4B$41.6B
Free cash flow$12.0B$15.1B$12.7B$14.9B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$713.2B ▲ 4.7% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

1 filing in the last 30 days · SEC EDGAR

All filings

About the company

Walmart, Bentonville, AR · from the 10-K filed Mar 13, 2026

Walmart Inc. ("Walmart," the "Company" or "we") is a people-led, technology-powered omnichannel retailer dedicated to helping people around the world save money and live better by providing the opportunity to shop in both retail stores and through eCommerce, and to access our other service offerings. Through innovation, we strive to continuously improve a customer-centric experience that seamlessly integrates our eCommerce and retail stores in an omnichannel offering that saves time for our customers. Each week, we serve approximately 280 million customers who visit more than 10,900 stores in 19 countries and through our numerous eCommerce websites and mobile applications.

Headquarters
Bentonville, AR
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
January 31
Last results
Aug 20, 2026
Incorporated in
DE

Email alerts

Sources

The 10-K filed Mar 13, 2026 (open at SEC), compared with the 10-K filed Mar 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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