Walmart (WMT) Revenue — Quarter Ended Oct 31, 2025
Revenue for the reporting quarter increased. It rose compared with both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Oct 31, 2025 · FY2026 Q3
Revenue for the reporting quarter increased. It rose compared with both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$177.8B
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$696.3B
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 |
|---|---|---|
| Jan 31, 2025 | $178.8B | +4.0% |
| Apr 30, 2025 | $164B | +2.5% |
| Jul 31, 2025 | $175.8B | +4.8% |
| Oct 31, 2025 | $177.8B | +5.8% |
Revenue performance
Total revenues were higher, with net sales and membership and other income both contributing to the increase. The sequential growth was modest, while the year-over-year gain was more substantial.
Quarterly comparison
Compared to the prior quarter, revenue increased by a modest margin. Compared to the same quarter a year ago, the increase was more pronounced. The current quarter's revenue remains above both of those periods.
What to watch
Revenue in the reporting quarter, while higher than the prior quarter, is still below the peak level seen earlier in the year.