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Pricesmart PSMT Net merchandise sales — Cost of goods sold

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Other financials

Income statement

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Revenue$1.5B+12.5%
Gross profit$262.2M+14.2%
Operating income$65.6M+16.7%
Net income$39.7M+12.9%
EPS (diluted)$1.28+12.3%

Balance sheet

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Cash & equivalents$208.4M+24.1%
Total debt$282.4M+22.2%
Total equity$1.4B+14.7%
Total assets$2.5B+17.5%

Cash flow

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Operating cash flow$58.9M+11.7%
CapEx$55.7M+43.7%
Free cash flow$3.2M-77.2%

Valuation

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Market cap$5.46B+61.2%
Enterprise value$5.54B+60.4%
P/E34.1×+10.7×
P/S+0.3×

Profitability

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Gross margin17.6%+0.3pp
Operating margin4.5%+0.1pp
Net margin2.8%0.0pp
FCF margin1.3%-0.5pp

Returns & leverage

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Return on equity12.3%-0.3pp
Debt / equity0.2×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Pricesmart in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Pricesmart’s 10-Q, filed July 8, 2026.

Filed
Jul 8, 2026, 4:02 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001041803-26-000028
Line itemThree Months Ended / May 31,2026Three Months Ended / May 31,2025Nine Months Ended / May 31,2026Nine Months Ended / May 31,2025
Total revenues1,481,7931,317,2894,360,0503,939,119
Operating expenses:
Cost of goods sold:
Net merchandise sales1,218,9841,086,6803,587,2943,242,892
Export sales5909571,07913,770
Selling, general and administrative:
Warehouse club and other operations144,302125,745415,581367,832
General and administrative51,40547,070150,455132,669

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pricesmart's net merchandise sales — cost of goods sold?
Pricesmart (PSMT) reported net merchandise sales — cost of goods sold of $1.22B in Q1 2026.
How has Pricesmart's net merchandise sales — cost of goods sold changed year-over-year?
Pricesmart's net merchandise sales — cost of goods sold increased by 12.2% year-over-year, from $1.09B to $1.22B.
What is the long-term trend for Pricesmart's net merchandise sales — cost of goods sold?
Over 4 years (2021 to 2025), Pricesmart's net merchandise sales — cost of goods sold has grown at a 10.5% compound annual growth rate (CAGR), from $2.91B to $4.34B.
What does net merchandise sales — cost of goods sold mean?
This metric measures the direct costs attributable to the production or procurement of the merchandise sold within a specific business segment. It includes expenses such as inventory acquisition, freight, and direct labor costs required to bring goods to a saleable condition. Monitoring this figure is essential for evaluating the segment's gross margin efficiency and the company's ability to manage supply chain costs.

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