Walmart Walmart U.S. — Cost of Sales increased by 0.1% to $87.37B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $83.38B to $87.37B. Over 2 years (FY 2023 to FY 2025), Walmart U.S. — Cost of Sales shows relatively stable performance with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to sales indicates improved supply chain efficiency or better procurement leverage, while an increase may signal rising commodity or logistics costs.
This metric represents the direct costs attributable to the production and procurement of goods sold within the domestic...
Comparable to cost of goods sold (COGS) for any retail or manufacturing entity.
wmt_segment_walmart_u_s_cost_of_sales| 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 | $77.20B | $77.20B | $77.20B | $77.20B | $77.56B | $79.10B | $83.52B | $83.38B | $80.50B | $81.35B | $87.24B | $87.37B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.5% | +2.0% | +5.6% | -0.2% | -3.5% | +1.1% | +7.2% | +0.1% |
| YoY Change | — | — | — | — | +0.5% | +2.5% | +8.2% | +8.0% | +3.8% | +2.9% | +4.5% | +4.8% |
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