Income Before Tax
Pre-Tax Income
Walmart Pre-Tax Income increased by 19.7% to $7.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.3%, from $5.99B to $7.15B. Over 4 years (FY 2022 to FY 2026), Pre-Tax Income shows an upward trend with a 4.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 21, 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical Data
21 periods
| 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 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.84B | $5.92B | $4.15B | $10.58B | $2.90B | $6.64B | -$1.43B | $2.69B | $2.69B | $10.73B | $915.00M | $2.50B | $7.04B | $6.21B | $6.10B | $2.81B | $5.99B | $9.32B | $8.19B | $5.97B | $7.15B |
| QoQ Change | — | +54.1% | -30.0% | +155.2% | -72.6% | +129.0% | -121.5% | +287.7% | +0.1% | +299.1% | -91.5% | +173.4% | +181.2% | -11.7% | -1.9% | -53.9% | +113.3% | +55.5% | -12.2% | -27.1% | +19.7% |
| YoY Change | — | — | — | — | -24.5% | +12.2% | -134.5% | -74.6% | -7.3% | +61.5% | +163.9% | -6.9% | +161.7% | -42.1% | +566.4% | +12.3% | -14.8% | +50.0% | +34.2% | +112.5% | +19.3% |
Range-$1.43B – $10.73B
CAGR+13.2%
Avg YoY Growth+52.3%
Median YoY Growth+12.3%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Walmart 's pre-tax income?
- Walmart (WMT) reported pre-tax income of $7.15B in Q1 2026.
- How has Walmart 's pre-tax income changed year-over-year?
- Walmart 's pre-tax income increased by 19.3% year-over-year, from $5.99B to $7.15B.
- What is the long-term trend for Walmart 's pre-tax income?
- Over 4 years (2022 to 2026), Walmart 's pre-tax income has grown at a 4.7% compound annual growth rate (CAGR), from $24.50B to $29.47B.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.