Operating

Net Income

Walmart Net Income decreased by 27.9% to $4.39B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.0%, from $5.43B to $4.39B. Over 4 years (FY 2022 to FY 2026), Net Income shows an upward trend with a 12.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.

Detailed definition

Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...

Peer comparison

Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.

Metric ID: net_income_cf

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$2.81B$4.36B$3.13B$3.63B$2.10B$5.15B-$1.77B$5.81B$1.90B$8.05B$643.00M$5.68B$5.31B$4.71B$4.71B$5.43B$4.64B$7.15B$6.09B$4.39B
QoQ Change+55.2%-28.2%+16.0%-42.1%+144.7%-134.3%+428.7%-67.4%+324.7%-92.0%+783.0%-6.5%-11.2%+0.1%+15.1%-14.5%+54.1%-14.9%-27.9%
YoY Change-25.2%+17.9%-156.4%+59.9%-9.8%+56.5%+136.4%-2.3%+179.9%-41.5%+633.1%-4.5%-12.6%+51.8%+29.1%-19.0%
Range-$1.77B$8.05B
CAGR+9.9%
Avg YoY Growth+55.8%
Median YoY Growth+7.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Walmart 's net income?
Walmart (WMT) reported net income of $4.39B in Q4 2025.
How has Walmart 's net income changed year-over-year?
Walmart 's net income decreased by 19.0% year-over-year, from $5.43B to $4.39B.
What is the long-term trend for Walmart 's net income?
Over 4 years (2022 to 2026), Walmart 's net income has grown at a 12.4% compound annual growth rate (CAGR), from $13.94B to $22.27B.
What does net income mean?
The company's total profit after all expenses and taxes have been paid.