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Costco Wholesale COST United States — Operating Income

Other segment segments

Canada
$1.42B+16.5%
Other International
$1.34B+22.1%

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Other financials

Income statement

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Revenue$70.5B+11.6%
Gross profit$9.0B+9.7%
Operating income$2.8B+11.3%
Net income$2.2B+15.2%
EPS (diluted)$4.93+15.2%

Balance sheet

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Cash & equivalents$18.9B+36.9%
Total debt$8.1B-2.7%
Total equity$33.5B+23.5%
Total assets$86.4B+14.5%

Cash flow

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Operating cash flow$11.1B+17.6%
CapEx$4.2B+19.7%
Free cash flow$6.9B+16.3%

Valuation

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Market cap$404.88B-8.0%
Enterprise value$394.07B-9.3%
P/E45.8×-10.3×
P/S1.4×-0.3×

Profitability

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Gross margin12.9%+0.1pp
Operating margin3.8%+0.1pp
Net margin3%+0.1pp
FCF margin3.8%

Returns & leverage

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Return on equity29.2%-2.9pp
Debt / equity0.2×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Costco Wholesale in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Costco Wholesale’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Costco Wholesale's united states — operating income?
Costco Wholesale (COST) reported united states — operating income of $5.12B in Q1 2026.
How has Costco Wholesale's united states — operating income changed year-over-year?
Costco Wholesale's united states — operating income increased by 8.4% year-over-year, from $4.73B to $5.12B.
What does united states — operating income mean?
This metric measures the profitability of the United States segment after accounting for both merchandise costs and operating expenses. It serves as a key indicator of the core operational health and the effectiveness of the domestic business model. It excludes interest, taxes, and non-operating items.