Tax
Income Tax
Walmart Income Tax increased by 5.1% to $1.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.4%, from $1.36B to $1.66B. Over 4 years (FY 2022 to FY 2026), Income Tax shows an upward trend with a 5.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2027May 21, 2026
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
Metric ID:
income_tax_expenseHistorical 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 | $1.03B | $1.56B | $1.02B | $2.13B | $798.00M | $1.50B | $336.00M | $1.99B | $792.00M | $2.67B | $272.00M | $964.00M | $1.73B | $1.50B | $1.38B | $531.00M | $1.36B | $2.17B | $2.10B | $1.58B | $1.66B |
| QoQ Change | — | +50.9% | -34.9% | +109.4% | -62.4% | +87.6% | -77.6% | +491.1% | -60.1% | +237.6% | -89.8% | +254.4% | +79.3% | -13.1% | -7.9% | -61.6% | +155.2% | +60.0% | -3.2% | -24.8% | +5.1% |
| YoY Change | — | — | — | — | -22.7% | -4.0% | -66.9% | -6.5% | -0.8% | +78.6% | -19.0% | -51.5% | +118.2% | -43.8% | +408.8% | -44.9% | -21.6% | +44.3% | +51.6% | +197.2% | +22.4% |
Range$272.00M – $2.67B
CAGR+9.9%
Avg YoY Growth+37.6%
Median YoY Growth-4.0%
Income Tax at Other Companies
Frequently Asked Questions
- What is Walmart 's income tax?
- Walmart (WMT) reported income tax of $1.66B in Q1 2026.
- How has Walmart 's income tax changed year-over-year?
- Walmart 's income tax increased by 22.4% year-over-year, from $1.36B to $1.66B.
- What is the long-term trend for Walmart 's income tax?
- Over 4 years (2022 to 2026), Walmart 's income tax has grown at a 5.9% compound annual growth rate (CAGR), from $5.73B to $7.20B.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.