Discontinued — last reported Q4 '25

Costco Wholesale SG&A decreased by 13.1% to $6.33B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from $5.85B to $6.33B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 7.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.19B$5.21B$4.72B$4.58B$4.45B$5.84B$4.92B$4.94B$4.79B$6.50B$5.36B$5.24B$5.15B$6.58B$5.85B$5.66B$5.68B$7.29B$6.33B
QoQ Change+24.4%-9.5%-3.0%-2.7%+31.2%-15.8%+0.5%-3.0%+35.5%-17.5%-2.2%-1.8%+27.9%-11.1%-3.1%+0.3%+28.4%-13.1%
YoY Change+6.2%+12.0%+4.2%+8.0%+7.7%+11.3%+9.0%+6.1%+7.3%+1.2%+9.1%+8.1%+10.4%+10.8%+8.3%
Range$4.19B$7.29B
CAGR+9.6%
Avg YoY Growth+8.0%
Median YoY Growth+8.1%

Business Segments

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Frequently Asked Questions

What is Costco Wholesale's sg&a?
Costco Wholesale (COST) reported sg&a of $6.33B in Q4 2025.
How has Costco Wholesale's sg&a changed year-over-year?
Costco Wholesale's sg&a increased by 8.3% year-over-year, from $5.85B to $6.33B.
What is the long-term trend for Costco Wholesale's sg&a?
Over 4 years (2021 to 2025), Costco Wholesale's sg&a has grown at a 7.8% compound annual growth rate (CAGR), from $18.46B to $24.97B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.

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