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Income StatementBalance SheetCash FlowSegments
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Walmart Cash Flow Statement

Operating, investing, and financing cash movements

Walmart generated $40.9B in operating cash flow over the trailing twelve months. After $28.3B in capital expenditures, free cash flow was $12.6B. Free cash flow decreased 0.1% year-over-year. Based on the Q2 2026 filing.

Net Cash From Operating (TTM)$40.9BNet Cash From Investing (TTM)-$28.0BNet Cash From Financing (TTM)-$11.2BCapital Expenditures (TTM)$28.3BDepreciation And Amortization Cf (TTM)$14.7BNet Change In Cash (TTM)$1.4B
Latest FilingQ2 2026
Report Date2026-05-29
Market Cap$958.95B
P/E Ratio42.18
ROE25.53%

Operating

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Other non-cash income (expense)-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Change in accounts payable—-$310M$1.6B$6B—$1.2B
Change in accrued liabilities$1.2B-$3.6B$2.2B$2.3B$713M-$3.4B
Change in income taxes payable/receivable—$903M———$248M
Change in inventories—$807M———$3.8B
Other working capital changes—-$501M———-$411M
Change in receivables—-$268M———-$395M
Depreciation and amortization$3.4B$3.4B$3.5B$3.6B$3.7B$3.8B
Net gains (losses) on investments—-$551M———$260M
Other Non-Cash Income (Expense)-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Other Non-cash Income (Expense)-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Other Non-cash Income (Expense)-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Net cash from operating activities$13.5B$5.4B$12.9B$9.1B$14.1B$4.7B
Net income$5.4B$4.6B$7.2B$6.1B$4.4B$5.5B
Other non-cash income (expense)-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Other Noncash Income (Expense)-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Other Non-cash Income and Expense-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Other Non-Cash Adjustments-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M
Other Non-Cash Income and Expense-$1.2B-$501M-$869M-$1.6B-$1.1B-$411M

Investing

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Capital expenditures$7.1B$5B$6.4B$7.2B$8B$6.7B
Net cash from investing activities-$8.7B-$5.1B-$6.1B-$7.8B-$7.3B-$6.7B
Other investing activities—$132M———$89M
Proceeds from sale of property, plant and equipment—$25M———$36M

Financing

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Proceeds from issuance of debt$0$4B———$4.2B
Repayments of debt$651M$0$875M$1.8B$0$1.5B
Dividends paid$1.7B$1.9B$1.9B$1.9B$1.9B$2B
Other, net-$687M-$61M-$844M-$140M-$1.5B-$476M
Proceeds from (Repayments of) Short-Term Debt—$2.5B—$4.6B—$4.1B
Payment of Deferred Purchase Consideration-$687M-$61M-$844M-$140M-$1.5B-$476M
Noncontrolling interest transactions and other-$687M-$61M-$844M-$140M-$1.5B-$476M
Net cash from financing activities-$5.1B$8M-$7B-$19M-$6.5B$2.3B
Other financing activities—-$61M———-$476M
Noncontrolling Interests Activity and Other-$687M-$61M-$844M-$140M-$1.5B-$476M
Repurchases of common stock$1.4B$4.6B$1.6B$808M$1.1B$2.1B
Net change in short-term borrowings—$2.5B———$4.1B
Net Change in Short-term Borrowings and Indebtedness to Subsidiaries—$2.5B—$4.6B—$4.1B

Free Cash Flow

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Free cash flow$6.4B$425M$6.5B$1.9B$6.1B-$1.9B

Other

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Effect of exchange rate changes on cash-$290M$70M$111M——-$331M
Net increase (decrease) in cash-$632M$396M$0$1.2B$224M-$2M

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—