NASDAQ$COST

Costco Wholesale Corp · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Costco reported Q3 2025 net sales of $62.0B with net income of $1.90B and diluted EPS of $4.28.

Net sales increased 8% to $62.0 billion as comparable sales rose 6% on higher average ticket and membership trends. Net income was $1.90 billion, or $4.28 per diluted share. Warehouse expansion and ancillary businesses supported traffic.

  • Q3 net sales $62.0B (+8% YoY).
  • Net income $1.90B; diluted EPS $4.28.
  • Comparable sales +6% with higher average ticket.
  • Membership renewal rates and global FX affect reported growth.

Headline financials

Total Revenue

$63.2B

Previous: $58.5B+8.0%
EPS (adj)

$4.28

Previous: $3.78+13.2%
US comparable sales growth ex gas/FX

7.9%

Previous: 6.0%+31.7%
Canada comparable sales growth ex gas/FX

7.8%

Previous: 7.4%+5.4%
Other Int'l comparable sales growth ex gas/FX

8.5%

Previous: 8.5%+0.0%
Total company comparable sales growth ex gas/FX

8.0%

Previous: 6.5%+23.1%
E-commerce comparable sales growth ex gas/FX

15.7%

Previous: 20.7%-24.2%
Capital Expenditures

-$3.53B

Previous: -$3.13B-12.7%
Net Income

$1.9B

Previous: $1.68B+13.2%
Operating Income

$2.53B

Previous: $2.2B+15.2%
Gross Profit

$7.34B

Previous: $7.34B+0.0%

Revenue & EPS history

Costco · Revenue · Quarterly

$63.2B

Q3 2025+8%vs Q3 2024
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

Value and club retail operators cite traffic, ticket, shrink, and wage trends for upcoming quarters.

Tailwinds

  • Comparable sales and membership/loyalty engagement.
  • Private label and pricing architecture support margin.

Headwinds

  • Low-income consumer pressure and promotional cadence.
  • Shrink, labor, and supply-chain costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.1%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+1.3%

Avg return

30 days after

56%

40 / 72 earnings

Positive

+7.0%

Q3 2022

Best reaction

-9.1%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+1.6%-3.0%
Q2 2026+2.1%+1.0%+3.3%
Q1 2026-2.0%-2.5%+4.6%
Q4 2025-2.2%-2.8%-1.2%
Q3 2025+3.1%+4.3%-2.3%
Q2 2025-6.1%-9.7%-10.7%
Q1 2025-0.5%-1.3%-5.8%
Q4 2024-2.5%-3.4%-1.9%
Q3 2024+0.4%+2.6%+5.4%
Q2 2024-6.2%-4.7%-7.7%
Q1 2024+2.6%+5.6%+6.4%
Q4 2023+0.9%+1.1%-2.0%
Q3 2023+5.1%+5.2%+8.6%
Q2 2023-0.7%+1.4%+3.8%
Q1 2023+0.2%+1.3%+0.2%
Q4 2022-5.4%-3.0%-3.0%
Q3 2022+7.0%+5.9%+10.1%
Q2 2022-0.5%-0.9%+9.0%
Q1 2022+5.4%+2.9%+1.1%
Q4 2021+3.4%-1.1%+6.6%
Q3 2021-1.9%-1.9%+2.3%
Q2 2021-2.0%-1.6%+9.6%
Q1 2021+0.2%-0.6%-1.2%
Q4 2020-0.6%+2.2%+8.7%
Q3 2020+0.8%+0.4%-3.1%
Q2 2020-2.9%-3.5%-10.0%
Q1 2020-1.2%+0.1%+0.7%
Q4 2019+2.3%+2.4%+3.9%
Q3 2019-0.5%+2.0%+9.8%
Q2 2019+3.9%+6.3%+12.2%
Q1 2019-9.1%-10.9%-7.6%
Q4 2018-6.2%-3.9%-1.3%
Q3 2018-1.3%-0.9%+4.7%
Q2 2018-3.0%-1.1%-3.9%
Q1 2018+2.4%+0.0%+1.9%
Q4 2017-4.9%-5.0%+0.7%
Q3 2017+2.8%+3.4%-9.2%
Q2 2017-4.3%-6.1%-5.7%
Q1 2017+4.4%+6.2%+7.8%
Q4 2016+2.1%+0.7%+0.2%
Q3 2016+5.0%+4.6%+9.1%
Q2 2016+0.7%
Q1 2016-4.4%
Q4 2015+0.7%
Q3 2015+0.7%
Q2 2015+1.6%
Q1 2015-1.1%
Q4 2014+2.5%
Q3 2014+1.6%
Q2 2014-2.6%
Q1 2014-1.5%
Q4 2013+3.1%
Q3 2013-2.9%
Q2 2013+1.0%
Q1 2013-0.5%
Q4 2012-1.3%
Q3 2012+1.4%
Q2 2012+1.0%
Q1 2012-3.5%
Q4 2011+0.8%
Q3 2011-0.8%
Q2 2011+1.3%
Q1 2011+1.1%
Q4 2008-2.3%
Q4 2010-2.3%
Q3 2009+0.2%
Q3 2010+0.2%
Q2 2010+0.6%
Q2 2009+0.6%
Q4 2009+2.5%
Q1 2010+2.5%
Q1 2009+2.5%

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