Income Before Tax
Pre-Tax Income
Walmart Pre-Tax Income decreased by 27.1% to $5.97B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 14.3%, from $6.96B to $5.97B. Over 4 years (FY 2022 to FY 2026), Pre-Tax Income shows an upward trend with a 12.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
Metric ID:
income_before_taxHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.84B | $5.92B | $4.15B | $4.78B | $2.90B | $6.64B | -$1.43B | $8.90B | $2.69B | $10.73B | $915.00M | $7.52B | $7.04B | $6.21B | $6.10B | $6.96B | $5.99B | $9.32B | $8.19B | $5.97B |
| QoQ Change | — | +54.1% | -30.0% | +15.3% | -39.3% | +129.0% | -121.5% | +722.1% | -69.8% | +299.1% | -91.5% | +721.6% | -6.4% | -11.7% | -1.9% | +14.2% | -13.9% | +55.5% | -12.2% | -27.1% |
| YoY Change | — | — | — | — | -24.5% | +12.2% | -134.5% | +86.2% | -7.3% | +61.5% | +163.9% | -15.5% | +161.7% | -42.1% | +566.4% | -7.4% | -14.8% | +50.0% | +34.2% | -14.3% |
Range-$1.43B – $10.73B
CAGR+9.7%
Avg YoY Growth+54.7%
Median YoY Growth+2.4%
Current Streak2 quarters decline
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Walmart 's pre-tax income?
- Walmart (WMT) reported pre-tax income of $5.97B in Q4 2025.
- How has Walmart 's pre-tax income changed year-over-year?
- Walmart 's pre-tax income decreased by 14.3% year-over-year, from $6.96B to $5.97B.
- What is the long-term trend for Walmart 's pre-tax income?
- Over 4 years (2022 to 2026), Walmart 's pre-tax income has grown at a 12.0% compound annual growth rate (CAGR), from $18.70B to $29.47B.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.