Costco Wholesale Corporation (COST) Income Statement
COST FY2026 at a glance
Fiscal year ended August 31, 2026 · U.S. dollarsCOST revenue and net income
Where COST's revenue goes
FY2026Each bar shows an amount and its share of revenue. COST kept 3.0% of revenue as net income.
COST profit margins
COST growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.1% | +7.8% | +9.1% | +9.8% |
| Gross profit | +10.0% | +9.4% | +9.0% | +9.4% |
| Operating income | +12.5% | +12.9% | +11.7% | +12.3% |
| Net income | +13.9% | +13.6% | +13.0% | +14.7% |
| EPS (diluted) | +13.2% | +13.3% | +12.3% | +17.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
COST quarterly EPS vs estimates
Costco beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: December 10, 2026 (estimate $4.87).
COST income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $303.15B | $275.24B | $254.45B | $242.29B | $226.95B | $195.93B | $166.76B | $152.70B | $141.58B | $129.03B |
| Cost of revenue | $264.28B | $239.89B | $222.36B | $212.59B | $199.38B | $170.68B | $144.94B | $132.89B | $123.15B | $111.88B |
| Gross profit | $38.88B | $35.35B | $32.09B | $29.70B | $27.57B | $25.25B | $21.82B | $19.82B | $18.42B | $17.14B |
| Sales, general & admin | — | $24.97B | $22.81B | $21.59B | $19.78B | $17.94B | $15.79B | $15.08B | $13.94B | $13.03B |
| Total operating expenses | $27.19B | $24.97B | $22.81B | $21.59B | $19.78B | $18.54B | $16.39B | $15.08B | $13.94B | $13.03B |
| Operating income | $11.69B | $10.38B | $9.29B | $8.11B | $7.79B | $6.71B | $5.43B | $4.74B | $4.48B | $4.11B |
| Interest income | — | $505.0M | $598.0M | $339.0M | $205.0M | $74.0M | $64.0M | $3.0M | $61.0M | $89.0M |
| Interest expense | $145.0M | $154.0M | $169.0M | $160.0M | $158.0M | $171.0M | $160.0M | $150.0M | $159.0M | $134.0M |
| Income before taxes | $12.25B | $10.82B | $9.74B | $8.49B | $7.84B | $6.68B | $5.37B | $4.76B | $4.44B | $4.04B |
| Income taxes | $3.02B | $2.72B | $2.37B | $2.19B | $1.93B | $1.60B | $1.31B | $1.06B | $1.26B | $1.32B |
| Net income | $9.23B | $8.10B | $7.37B | $6.29B | $5.84B | $5.01B | $4.00B | $3.66B | $3.13B | $2.68B |
| EBITDA | $14.36B | $13.40B | $12.15B | $10.72B | $9.90B | $8.63B | $7.17B | $6.41B | $6.04B | $5.54B |
| EPS (diluted) | $20.61 | $18.21 | $16.36 | $14.16 | $13.14 | $11.55 | $9.02 | $8.40 | $7.12 | $4.91 |
| Gross margin | 12.8% | 12.8% | 12.6% | 12.3% | 12.1% | 12.9% | 13.1% | 13.0% | 13.0% | 13.3% |
| Operating margin | 3.9% | 3.8% | 3.6% | 3.3% | 3.4% | 3.4% | 3.3% | 3.1% | 3.2% | 3.2% |
| Net margin | 3.0% | 2.9% | 2.9% | 2.6% | 2.6% | 2.6% | 2.4% | 2.4% | 2.2% | 2.1% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $95.72B | $70.53B | $69.60B | $67.31B | $86.16B | $63.20B | $63.72B | $62.15B | $79.70B | $58.52B | $58.44B | $57.80B |
| Cost of revenue | $83.53B | $61.52B | $60.72B | $58.51B | $75.04B | $55.00B | $55.74B | $54.11B | $69.59B | $51.17B | $51.14B | $50.46B |
| Gross profit | $12.19B | $9.01B | $8.88B | $8.80B | $11.12B | $8.21B | $7.98B | $8.04B | $10.11B | $7.34B | $7.30B | $7.34B |
| Sales, general & admin | — | $6.19B | $6.27B | $6.33B | $7.78B | $5.68B | $5.66B | $5.85B | $7.07B | $5.14B | $5.24B | $5.36B |
| Total operating expenses | $8.39B | $67.71B | $66.99B | $6.33B | $7.78B | $5.68B | $5.66B | $5.85B | $7.07B | $5.14B | $5.24B | $5.36B |
| Operating income | $3.80B | $2.81B | $2.61B | $2.46B | $3.34B | $2.53B | $2.32B | $2.20B | $3.04B | $2.20B | $2.06B | $1.98B |
| Interest income | — | $138.0M | $152.0M | $120.0M | $180.0M | $95.0M | $119.0M | $104.0M | $148.0M | $108.0M | $185.0M | $160.0M |
| Interest expense | $45.0M | $32.0M | $33.0M | $35.0M | $46.0M | $35.0M | $36.0M | $37.0M | $49.0M | $41.0M | $41.0M | $38.0M |
| Income before taxes | $4.01B | $2.94B | $2.72B | $2.58B | $3.51B | $2.58B | $2.42B | $2.31B | $3.11B | $2.28B | $2.24B | $2.11B |
| Income taxes | $1.01B | — | $686.0M | $582.0M | $900.0M | $677.0M | $634.0M | $508.0M | $759.0M | $603.0M | $494.0M | $517.0M |
| Net income | $3.00B | $2.19B | $2.04B | $2.00B | $2.61B | $1.90B | $1.79B | $1.80B | $2.35B | $1.68B | $1.74B | $1.59B |
| EBITDA | $4.22B | $3.57B | $3.36B | $3.21B | $4.33B | $3.17B | $3.01B | $2.89B | $3.87B | $2.84B | $2.79B | $2.65B |
| EPS (diluted) | $6.60 | $4.93 | $4.58 | $4.50 | $5.87 | $4.28 | $4.02 | $4.04 | $5.29 | $3.78 | $3.71 | $3.58 |
| Gross margin | 12.7% | 12.8% | 12.8% | 13.1% | 12.9% | 13.0% | 12.5% | 12.9% | 12.7% | 12.5% | 12.5% | 12.7% |
| Operating margin | 4.0% | 4.0% | 3.7% | 3.7% | 3.9% | 4.0% | 3.6% | 3.5% | 3.8% | 3.8% | 3.5% | 3.4% |
| Net margin | 3.1% | 3.1% | 2.9% | 3.0% | 3.0% | 3.0% | 2.8% | 2.9% | 3.0% | 2.9% | 3.0% | 2.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in COST's financial statements (latest annual report filed October 7, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
COST financial results
In fiscal year 2026 (ended August 31, 2026), Costco reported revenue of $303.2 billion, up 10.1% from the year before. It had net income of $9.2 billion (up 13.9%), a net profit margin of 3.0%. Diluted earnings per share came to $20.61. Over five years revenue grew at an average rate of 9.1% a year.
See the COST stock overview for the latest quote and news, or the COST chart for price history and technical indicators.
COST income statement FAQ
What is Costco's annual revenue?
Costco reported total revenue of $303.2 billion for fiscal year 2026, which ended on August 31, 2026. That was up 10.1% from $275.2 billion the previous year.
Is Costco profitable?
Yes. Costco reported net income of $9.2 billion in fiscal 2026, a net profit margin of 3.0%; its operating margin was 3.9%.
What is Costco's gross margin?
Costco's gross margin was 12.8% in fiscal 2026: for every $100 of revenue, Costco kept $13 after the direct cost of its products and services.
How fast is Costco growing?
Revenue grew 9.1% a year on average over the last five fiscal years, from $195.9 billion to $303.2 billion.
What are Costco's earnings per share?
Costco earned $20.61 per diluted share in fiscal 2026, compared with $18.21 a year earlier.
When will Costco report its next earnings?
Costco is expected to report results for the quarter ending November 30, 2026 on December 10, 2026 after the market closes.
When does Costco's fiscal year end?
Costco's fiscal year ends in August. The latest annual report covers the year ended August 31, 2026 and was filed on October 7, 2026.