What is Walmart 's income tax?

Walmart (WMT) reported income tax of $1.66B in Q1 2026.

How has Walmart 's income tax changed year-over-year?

Walmart 's income tax increased by 22.4% year-over-year, from $1.36B to $1.66B.

What is the long-term trend for Walmart 's income tax?

Over 4 years (2022 to 2026), Walmart 's income tax has grown at a 10.9% compound annual growth rate (CAGR), from $4.76B to $7.2B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Walmart WMT Income Tax

Income Tax at other companies

TargetTGT

$252M-27.2%

Dollar GeneralDG

$147.15M+23.1%

KrogerKR

$273M+16.2%

Lowe's CompaniesLOW

$527M+2.1%

CVS HealthCVS

$981M+17.5%

TJX CompaniesTJX

$389M+25.5%

Other financials

Income statement

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Revenue$177.75B+7.3%

Gross profit$44.7B+8.2%

Operating income$7.5B+5.0%

Net income$5.3B+18.8%

EPS (diluted)$0.67+19.6%

Balance sheet

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Cash & equivalents$11.3B+14.0%

Total debt$74.2B+10.4%

Total equity$94.3B+12.6%

Total assets$289.61B+10.4%

Cash flow

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Operating cash flow$4.7B-12.4%

CapEx$6.7B+34.1%

Free cash flow-$1.9B-558%

Valuation

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Market cap$921.39B+20.1%

Enterprise value$984.25B+19.4%

P/E40.5×-0.2×

P/S1.3×+0.2×

Profitability

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Gross margin25%+0.1pp

Operating margin4.2%-0.2pp

Net margin3.1%+0.4pp

FCF margin1.7%-0.2pp

Returns & leverage

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Return on equity25.5%+2.7pp

Debt / equity0.8×0.0×

Current ratio0.8×0.0×

Where this comes from

Reported directly by Walmart in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Walmart ’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Walmart 's income tax?: Walmart (WMT) reported income tax of $1.66B in Q1 2026.
How has Walmart 's income tax changed year-over-year?: Walmart 's income tax increased by 22.4% year-over-year, from $1.36B to $1.66B.
What is the long-term trend for Walmart 's income tax?: Over 4 years (2022 to 2026), Walmart 's income tax has grown at a 10.9% compound annual growth rate (CAGR), from $4.76B to $7.2B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.