Walmart Walmart International — Operating, selling, general and administrative expenses decreased by 5.4% to $6.33B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $5.92B to $6.33B. Over 3 years (FY 2023 to FY 2026), Walmart International — Operating, selling, general and administrative expenses shows an upward trend with a 6.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A lower ratio of these expenses to revenue indicates strong operational leverage and effective cost control in foreign markets.
This metric encompasses the overhead costs required to operate international retail locations, including labor, marketin...
Comparable to SG&A expenses for international divisions of large-scale global retailers.
wmt_segment_walmart_international_operating_selling_general_and_administrative_expenses| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.08B | $5.08B | $5.08B | $5.08B | $5.33B | $5.33B | $5.33B | $5.33B | $5.36B | $5.63B | $5.69B | $5.92B | $5.41B | $5.88B | $6.69B | $6.33B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.9% | +0.0% | +0.0% | +0.0% | +0.5% | +5.0% | +1.2% | +4.0% | -8.7% | +8.8% | +13.7% | -5.4% |
| YoY Change | — | — | — | — | +4.9% | +4.9% | +4.9% | +4.9% | +0.5% | +5.6% | +6.8% | +11.1% | +0.9% | +4.6% | +17.6% | +6.9% |