Income StatementBalance SheetCash FlowSegments
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Walmart Cash Flow Statement

Operating, investing, and financing cash movements

Walmart generated $28.2B in operating cash flow over the trailing twelve months. After $24.0B in capital expenditures, free cash flow was $4.2B. Free cash flow decreased 0.7% year-over-year. Based on the Q2 2026 filing.

Net Cash From Operating (TTM)$37.6BNet Cash From Investing (TTM)-$22.1BNet Cash From Financing (TTM)-$14.5BCapital Expenditures (TTM)$24.1BDepreciation And Amortization Cf (TTM)$14.7BNet Change In Cash (TTM)$472.0M
Latest FilingQ2 2026
Report Date2026-05-21
Market Cap$958.67B
P/E Ratio42.17
ROE25.53%

Operating

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Other non-cash income (expense)$0.0-$501.0M————
Change in accounts payable—-$310.0M————
Change in accrued liabilities—-$3.6B———-$3.4B
Depreciation and amortization$2.5B$3.4B$3.5B$3.6B$3.7B$3.8B
Other Non-Cash Income (Expense)$0.0-$501.0M————
Other Non-cash Income (Expense)$0.0-$501.0M————
Other Non-cash Income (Expense)$0.0-$501.0M————
Net cash from operating activities$9.0B$5.4B———$4.7B
Net income$2.3B$4.6B$7.2B$6.1B$4.4B$5.5B
Other non-cash income (expense)$0.0-$501.0M————
Gain (Loss) on Investments-$5.0B-$551.0M————
Increase (Decrease) in Accounts and Other Receivables—-$268.0M————
Income and other taxes$308.0M$903.0M————
Increase (Decrease) in Deferred Income Taxes$2.9B$76.0M———$640.0M
Increase (Decrease) in Retail Related Inventories—$807.0M————
Other Noncash Income (Expense)$0.0-$501.0M————
Other Non-cash Income and Expense$0.0-$501.0M————
Other Non-Cash Adjustments$0.0-$501.0M————
Other Non-Cash Income and Expense$0.0-$501.0M————

Investing

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Capital expenditures$5.2B$5.0B———$6.7B
Proceeds from Sale of Retained Ownership Interests$3.3B$231.8M$231.8M$231.8M$231.8M—
Payment for (Proceeds from) Other Investing Activity—$132.0M————
Proceeds from disposal of certain strategic investments$3.3B$231.8M$231.8M$231.8M$231.8M—
Proceeds from disposals of property, plant and equipment$363.0M$25.0M———$36.0M
Proceeds from Sale of Seagen Inc. Common Stock$3.3B$231.8M$231.8M$231.8M$231.8M—
Net cash from investing activities-$2.3B-$5.1B———-$6.7B

Financing

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Proceeds from issuance of debt-$4.0B$4.0B———$4.2B
Repayments of debt$843.0M$0.0———-$1.5B
Dividends paid$1.1B$1.9B———$2.0B
Other, net-$1.1B-$61.0M————
Proceeds from (Repayments of) Short-Term Debt—$2.5B————
Payment of Deferred Purchase Consideration-$1.1B-$61.0M————
Noncontrolling interest transactions and other-$1.1B-$61.0M————
Net cash from financing activities-$7.8B$8.0M———$2.3M
Noncontrolling Interests Activity and Other-$1.1B-$61.0M————
Repurchases of common stock—$4.6B———-$2.1B
Net Change in Short-term Borrowings and Indebtedness to Subsidiaries—$2.5B————

Free Cash Flow

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Free cash flow$3.8B$425.0M———-$1.9B

Other

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Effect of exchange rate changes on cash-$792.0M$70.0M————
Net increase (decrease) in cash-$2.0B$396.0M———-$2.0B

Supplemental

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Interest paid$684.8M$698.3M$698.3M$698.3M$698.3M—
Income Taxes Paid, Net$1.5B$1.3B$1.3B$1.3B$1.3B—