NASDAQ$WMT

Walmart Inc. · Q4 2026 earnings

Q4 2026 earnings · · Investor relations

Briefing

Walmart reported fiscal Q4 2026 revenue of $190.7B with GAAP EPS of $0.53 and adjusted EPS of $0.74.

Fourth-quarter revenue rose 5.6% to $190.7 billion; global eCommerce grew 24%. GAAP EPS was $0.53 and adjusted EPS was $0.74. The company authorized a new $30 billion share repurchase program and issued FY27 net sales and adjusted operating income guidance.

  • Q4 revenue $190.7B (+5.6% YoY); eCommerce +24%.
  • GAAP EPS $0.53; adjusted EPS $0.74.
  • FY27 net sales guide 3.5%–4.5% and adjusted operating income +6%–8%.
  • New $30B buyback authorization supports capital returns.

Headline financials

Total Revenue

$191B

Previous: $181B+5.6%
EPS (adj)

$0.74

Previous: $0.66+12.1%
Net Income

$4.39B

Previous: $5.25B-16.4%
Operating Income

$8.71B

Previous: $7.86B+10.8%
Gross Profit

$47B

Previous: $44.4B+6.0%
Cash & Equivalents

$10.7B

No prior period
Total Assets

$285B

No prior period

Revenue & EPS history

Walmart · Revenue · Quarterly

$191B

Q4 2026+5.6%vs Q4 2025
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

Walmart · $176B total across 3 segments · Q1 2027

  • Walmart U.S.
    $117B
  • Walmart International
    $35.1B
  • Sam's Club U.S.
    $23.4B

Forward guidance

The release discusses Walmart's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Walmart cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q4 2026

Historical avgQ4 2026

-0.3%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-0.2%

Avg return

30 days after

39%

28 / 72 earnings

Positive

+10.6%

Q1 2017

Best reaction

-17.4%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+0.7%-9.5%-9.8%
Q4 2026-1.4%+0.1%-6.0%
Q3 2026+5.9%+6.4%+13.7%
Q2 2026-4.2%-6.4%-0.2%
Q1 2026-0.5%+1.0%-2.5%
Q4 2025-6.5%-6.1%-17.3%
Q3 2025+3.7%+7.6%+11.1%
Q2 2025+7.0%+8.6%+17.4%
Q1 2025+8.1%+8.9%+12.0%
Q4 2024+2.0%+3.1%+8.2%
Q3 2024-8.5%-8.2%-10.0%
Q2 2024-0.8%-1.4%+3.4%
Q1 2024+0.3%-0.8%+4.0%
Q4 2023-1.5%-2.7%-4.0%
Q3 2023+7.3%+8.6%+5.0%
Q2 2023+5.2%+3.3%+0.7%
Q1 2023-17.4%-19.6%-18.6%
Q4 2022+3.3%+2.2%+8.9%
Q3 2022-3.4%-3.1%-2.4%
Q2 2022-1.1%+0.5%-3.8%
Q1 2022+2.2%+2.1%-0.8%
Q4 2021-6.0%-8.0%-10.5%
Q3 2021-2.2%-1.4%-4.2%
Q2 2021-2.3%-2.9%+0.8%
Q1 2021-1.7%-2.6%-7.6%
Q4 2020-0.2%+0.6%+1.3%
Q3 2020-1.8%-0.9%-0.6%
Q2 2020+6.4%+5.5%+10.6%
Q1 2020+1.0%+1.2%+9.2%
Q4 2019-0.1%-0.4%-0.9%
Q3 2019-3.8%-7.3%-9.5%
Q2 2019+8.5%+6.5%+4.8%
Q1 2019-2.9%-3.2%-2.8%
Q4 2018-12.7%-11.3%-16.8%
Q3 2018+8.5%+7.4%+8.1%
Q2 2018-2.0%-1.2%-0.7%
Q1 2018+4.9%+4.5%+0.2%
Q4 2017+3.4%+4.4%+0.7%
Q3 2017-4.0%-1.8%-0.6%
Q2 2017-0.2%-1.3%-0.1%
Q1 2017+10.6%
Q4 2016-2.2%
Q3 2016+5.3%
Q2 2016-4.6%
Q1 2016-5.0%
Q4 2015-2.3%
Q3 2015+4.7%
Q2 2015-0.2%
Q1 2015-2.2%
Q4 2014-2.3%
Q3 2014+0.4%
Q2 2014-3.0%
Q1 2014-2.5%
Q4 2013+1.7%
Q3 2013-4.6%
Q2 2013-3.3%
Q1 2013+5.5%
Q4 2012-6.2%
Q3 2012-2.9%
Q2 2012+3.1%
Q1 2012-1.6%
Q4 2008-0.4%
Q3 2011+0.8%
Q2 2011+3.2%
Q4 2010+3.2%
Q1 2010-1.9%
Q1 2011+0.1%
Q3 2010-1.6%
Q3 2009-1.6%
Q2 2009-0.7%
Q4 2009-0.7%
Q2 2010-0.7%

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