Walmart (WMT) 10-K Summary — Year Ended Jan 31, 2026
Walmart Inc. filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, risk factors, financial results, and liquidity discussions.
Key takeaway
Year ended Jan 31, 2026 · FY2026 10-K
Walmart Inc. filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, risk factors, financial results, and liquidity discussions.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$706.4B
Revenue reported for the fiscal year.
Operating income
$29.8B
Income from operations reported for the year.
Net income
$21.9B
Net income reported for the year.
Operating cash flow
$41.6B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2023 | $605.9B | +6.7% |
| Jan 31, 2024 | $642.6B | +6.1% |
| Jan 31, 2025 | $674.5B | +5.0% |
| Jan 31, 2026 | $706.4B | +4.7% |
Business overview
The filing describes Walmart's business operations in the Business overview section. It outlines the company's retail activities and strategic focus areas. No further segment details are provided in the supplied context.
Financial performance
Revenue grew year over year across the reported periods. The filing also presents operating income, net income, and operating cash flow for the most recent fiscal year.
Material risks
The filing identifies risk factors in Item 1A. These risks are detailed in the Risk Factors section of the report. No specific risk descriptions are available from the supplied context.
Liquidity and capital
The Liquidity and Capital Resources section discusses return on assets and return on investment as metrics. Management considers return on investment a meaningful measure for assessing asset deployment effectiveness.
What to watch
Monitor the trend in revenue growth as reported in future filings.