Costco Wholesale Inventories increased by 2.2% to $19.42B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $18.61B to $19.42B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 8.2% CAGR.
Rapid growth in inventory relative to sales may signal slowing demand or overstocking, while efficient turnover is a hallmark of a high-volume retail model.
The total value of raw materials, work-in-progress, and finished goods held by the company for sale in the ordinary cour...
Costco's inventory turnover is generally higher than industry peers due to its limited SKU count and bulk-buying model.
inventories| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.98B | $14.22B | $16.94B | $16.49B | $17.62B | $17.91B | $18.57B | $16.08B | $16.32B | $16.65B | $18.00B | $17.08B | $17.43B | $18.65B | $20.98B | $18.75B | $18.61B | $18.12B | $21.14B | $18.99B | $19.42B |
| QoQ Change | — | +1.7% | +19.2% | -2.7% | +6.9% | +1.6% | +3.7% | -13.4% | +1.5% | +2.0% | +8.1% | -5.1% | +2.1% | +7.0% | +12.5% | -10.6% | -0.8% | -2.6% | +16.7% | -10.2% | +2.2% |
| YoY Change | — | — | — | — | +26.1% | +26.0% | +9.6% | -2.5% | -7.4% | -7.0% | -3.1% | +6.2% | +6.8% | +12.0% | +16.5% | +9.8% | +6.7% | -2.8% | +0.8% | +1.3% | +4.4% |