BENTONVILLE, Ark. — Walmart has announced its first quarter results for fiscal year 2026, reporting total revenue of $165.6 billion, an increase of 2.5%, or 4.0% in constant currency (cc). The company also saw operating income rise by 4.3%, or 3.0% adjusted (cc), driven by higher gross margins and continued growth in membership income.
Global ecommerce sales soared 22%, fueled by robust performance in store-fulfilled pickup & delivery and marketplace offerings. The company’s international advertising business grew by 50%, including contributions from VIZIO, with Walmart Connect U.S. rising 31%.
Additional highlights include:
- Membership and other income rose 3.7%, with membership income alone increasing 14.8%
- Gross margin rate improved by 12 basis points, led by Walmart U.S.
- Adjusted EPS came in at $0.61, while GAAP EPS was $0.56
- Return on Assets (ROA) stood at 7.5%; Return on Investment (ROI) improved to 15.3%, up 30 basis points
- Walmart raised $4 billion in long-term debt at favorable rates for general corporate purposes
The company issued net sales guidance for the second quarter, reaffirming its full-year fiscal 2026 outlook.
A live earnings call with the investment community will be held at 7 a.m. CST on Thursday, May 15, 2025. The webcast can be accessed at corporate.walmart.com/news/events, and a replay will be available following the event.
