What is Costco Wholesale's income tax?

Costco Wholesale (COST) reported income tax of $746M in Q1 2026.

How has Costco Wholesale's income tax changed year-over-year?

Costco Wholesale's income tax increased by 10.2% year-over-year, from $677M to $746M.

What is the long-term trend for Costco Wholesale's income tax?

Over 4 years (2021 to 2025), Costco Wholesale's income tax has grown at a 14.2% compound annual growth rate (CAGR), from $1.6B to $2.72B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Costco Wholesale COST Income Tax

Income Tax at other companies

TargetTGT

$252M-27.2%

KrogerKR

$273M+16.2%

SyscoSYY

$105M-13.9%

Walmart WMT

$1.66B+22.4%

Par Pacific Holdings, Inc.PARR

$12.34M+279%

Dollar TreeDLTR

$115.1M+5.0%

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:IncomeTaxExpenseBenefit.

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 income tax?: Costco Wholesale (COST) reported income tax of $746M in Q1 2026.
How has Costco Wholesale's income tax changed year-over-year?: Costco Wholesale's income tax increased by 10.2% year-over-year, from $677M to $746M.
What is the long-term trend for Costco Wholesale's income tax?: Over 4 years (2021 to 2025), Costco Wholesale's income tax has grown at a 14.2% compound annual growth rate (CAGR), from $1.6B to $2.72B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.