Walmart reports revenue growth of 5.6%, up 4.9% in constant currency

Operating income growing faster at 10.8%, up 10.5% adjusted (cc)

eCommerce sales up 24% globally

GAAP EPS of $0.53; Adjusted EPS of $0.74

Company announces new $30 billion share repurchase authorization

Company provides outlook for Q1 and FY27

Walmart Inc. (Nasdaq: WMT):

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Fourth Quarter Highlights:

• Revenue of $190.7 billion, up 5.6%, or 4.9% (cc)
• Global eCommerce sales grew 24%, led by store-fulfilled pickup & delivery and marketplace
• Global advertising business up 37%, including VIZIO; Walmart Connect in the U.S. up 41%
• Membership fee revenue grew 15.1% globally
• Gross margin rate up 13 bps, led by Walmart U.S.
• Operating income up $0.8 billion, or 10.8% up 10.5% adjusted (cc), growing faster than sales
• Adjusted EPS of $0.74 excludes the impact, net of tax, from a net loss of $0.21 on equity and other investments

The company will hold a live conference call with the Investment Community at 7 a.m. CST Thursday, February 19th, 2026, to discuss the company's fourth quarter earnings results for fiscal year 2026. The event will be webcast live and is accessible by visiting https://corporate.walmart.com/news/events and selecting the Fourth Quarter Earnings Release event. The webcast will be archived and available on the company website .

About Walmart

Walmart Inc. (Nasdaq: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better - anytime and anywhere - in stores, online, and through their mobile devices. Each week, approximately 280 million customers and members visit more than 10,900 stores and numerous eCommerce websites in 19 countries. With fiscal year 2026 revenue of $713 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.Walmart.com, on Facebook at facebook.com/Walmart, on X at x.com/Walmart, and on LinkedIn at linkedin.com/company/Walmart.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260218203787/en/

Investor Relations Contacts
Steph Wissink
Senior Vice President, Investor Relations
ir@walmart.com

Kary Brunner
Sr. Director, Investor Relations

Media Relations Contact
Jennifer Rodriguez
Vice President, Walmart Inc. Communications
Press@walmart.com