Walmart U.S. — Operating, selling, general and administrative expenses
Walmart Walmart U.S. — Operating, selling, general and administrative expenses increased by 1.2% to $28.54B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.5%, from $27.31B to $28.54B. Over 3 years (FY 2023 to FY 2026), Walmart U.S. — Operating, selling, general and administrative expenses shows an upward trend with a 5.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to sales signals improved operational leverage and efficiency, whereas an increase may indicate rising labor costs or inefficient overhead management.
Detailed definition
This metric encompasses the indirect costs of operating the domestic retail segment, including store labor, corporate ov...
Peer comparison
Comparable to SG&A expenses reported by other large retail chains.
wmt_segment_walmart_u_s_operating_selling_general_and_administrative_expensesHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.24B | $23.24B | $23.24B | $23.24B | $24.52B | $24.52B | $24.52B | $24.52B | $24.86B | $25.84B | $26.67B | $27.31B | $25.74B | $27.60B | $28.20B | $28.54B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.5% | +0.0% | +0.0% | +0.0% | +1.4% | +4.0% | +3.2% | +2.4% | -5.7% | +7.2% | +2.2% | +1.2% |
| YoY Change | — | — | — | — | +5.5% | +5.5% | +5.5% | +5.5% | +1.4% | +5.4% | +8.8% | +11.4% | +3.6% | +6.8% | +5.7% | +4.5% |
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Frequently Asked Questions
- What is Walmart 's walmart u.s. — operating, selling, general and administrative expenses?
- Walmart (WMT) reported walmart u.s. — operating, selling, general and administrative expenses of $28.54B in Q4 2025.
- How has Walmart 's walmart u.s. — operating, selling, general and administrative expenses changed year-over-year?
- Walmart 's walmart u.s. — operating, selling, general and administrative expenses increased by 4.5% year-over-year, from $27.31B to $28.54B.
- What is the long-term trend for Walmart 's walmart u.s. — operating, selling, general and administrative expenses?
- Over 3 years (2023 to 2026), Walmart 's walmart u.s. — operating, selling, general and administrative expenses has grown at a 5.8% compound annual growth rate (CAGR), from $92.97B to $110.08B.
- What does walmart u.s. — operating, selling, general and administrative expenses mean?
- The indirect costs of running the business, such as payroll, rent, and marketing.