Discontinued — last reported Q4 '25
Operating Income
Operating IncomeCostco Wholesale Operating Income decreased by 19.9% to $2.46B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $2.20B to $2.46B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 11.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025
How to read this metric
Growth in operating income suggests that the company is becoming more profitable in its primary business activities.
Detailed definition
The profit realized from a business's own operations after deducting all operating expenses, including COGS, R&D, and SG...
Peer comparison
This is a key metric for comparing the operational performance of companies with different debt levels.
Metric ID:
is_operating_incomeHistorical Data
19 periods
| Q2 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.66B | $2.01B | $1.69B | $1.81B | $1.79B | $2.44B | $1.75B | $1.90B | $1.68B | $2.55B | $1.98B | $2.06B | $2.20B | $2.83B | $2.20B | $2.32B | $2.53B | $3.07B | $2.46B |
| QoQ Change | — | +21.0% | -15.9% | +7.0% | -1.2% | +36.2% | -28.2% | +8.7% | -11.8% | +51.8% | -22.1% | +3.9% | +6.5% | +28.8% | -22.4% | +5.5% | +9.2% | +21.5% | -19.9% |
| YoY Change | — | — | — | — | +7.7% | +21.2% | +3.4% | +5.0% | -6.3% | +4.5% | +13.3% | +8.4% | +30.9% | +11.1% | +10.7% | +12.3% | +15.2% | +8.6% | +12.2% |
Range$1.66B – $3.07B
CAGR+9.1%
Avg YoY Growth+10.5%
Median YoY Growth+10.7%
Business Segments
Loading segment data...
Geographic Breakdown
Loading segment data...
Operating Income at Other Companies
Frequently Asked Questions
- What is Costco Wholesale's operating income?
- Costco Wholesale (COST) reported operating income of $2.46B in Q4 2025.
- How has Costco Wholesale's operating income changed year-over-year?
- Costco Wholesale's operating income increased by 12.2% year-over-year, from $2.20B to $2.46B.
- What is the long-term trend for Costco Wholesale's operating income?
- Over 4 years (2021 to 2025), Costco Wholesale's operating income has grown at a 11.5% compound annual growth rate (CAGR), from $6.71B to $10.38B.
- What does operating income mean?
- Profit earned from core business activities, before taxes and interest.