Goodwill
Walmart Goodwill decreased by 2.0% to $28.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $28.87B to $28.15B. Over 5 years (FY 2021 to FY 2026), Goodwill shows relatively stable performance with a -0.2% CAGR.
Analysis
How to read this metric
A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard metric for companies that grow through acquisition; comparable across all industries.
goodwillHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.87B | $29.16B | $28.92B | $29.01B | $29.44B | $28.66B | $28.14B | $28.17B | $28.31B | $28.27B | $28.02B | $28.11B | $28.00B | $27.93B | $27.94B | $28.79B | $28.87B | $29.06B | $28.72B | $28.74B | $28.15B |
| QoQ Change | — | +1.0% | -0.8% | +0.3% | +1.5% | -2.6% | -1.8% | +0.1% | +0.5% | -0.1% | -0.9% | +0.3% | -0.4% | -0.2% | +0.0% | +3.0% | +0.3% | +0.7% | -1.2% | +0.0% | -2.0% |
| YoY Change | — | — | — | — | +2.0% | -1.7% | -2.7% | -2.9% | -3.8% | -1.4% | -0.4% | -0.2% | -1.1% | -1.2% | -0.3% | +2.4% | +3.1% | +4.0% | +2.8% | -0.2% | -2.5% |
Business Segments
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | Q4 '26 |
|---|---|---|---|---|---|
| Walmart International | $25.75B | $24.48B | $24.43B | $23.73B | $23.62B |
| Walmart U.S. | $2.94B | $3.37B | $3.36B | $4.74B | $4.79B |
| Sam's Club U.S. | — | — | — | $321.00M | $321.00M |
| Sam's Club | $321.00M | — | $321.00M | — | — |
| Total | $29.01B | $28.17B | $28.11B | $28.79B | $28.74B |
Sam's Club, Sam's Club U.S., Walmart International, Walmart U.S. were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Walmart 's goodwill?
- Walmart (WMT) reported goodwill of $28.15B in Q1 2026.
- How has Walmart 's goodwill changed year-over-year?
- Walmart 's goodwill decreased by 2.5% year-over-year, from $28.87B to $28.15B.
- What is the long-term trend for Walmart 's goodwill?
- Over 5 years (2021 to 2026), Walmart 's goodwill has grown at a -0.2% compound annual growth rate (CAGR), from $28.98B to $28.74B.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its net assets.