Walmart (WMT) Revenue — Quarter Ended Jul 31, 2025
Revenue for the quarter increased compared to the prior year. The sequential comparison also shows growth relative to the immediately preceding quarter.
Key takeaway
Quarter ended Jul 31, 2025 · FY2026 Q2
Revenue for the quarter increased compared to the prior year. The sequential comparison also shows growth relative to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$175.8B
Revenue reported for this quarter.
Quarter-over-quarter
+7.2%
Change from the immediately preceding quarter.
Year-over-year
+4.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$686.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 31, 2024 | $168B | +5.4% |
| Jan 31, 2025 | $178.8B | +4.0% |
| Apr 30, 2025 | $164B | +2.5% |
| Jul 31, 2025 | $175.8B | +4.8% |
Revenue performance
The company reported higher total revenues than the same quarter a year earlier. Net sales and membership/other income both contributed to the increase.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. When set against the same quarter one year earlier, revenue also increased.
What to watch
Interest expense stood higher relative to the same period a year ago and the prior quarter, potentially warranting attention.