Costco Wholesale Corporation (COST) Financial Statements
Costco Wholesale financial statements at a glance
Costco Wholesale reported revenue of $275.24 billion for fiscal year 2025 (ended August 31, 2025), up 8.2% from fiscal year 2024. Net income was $8.10 billion, a net margin of 2.9%.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended August 31, 2025.
Costco Wholesale Corporation
COST
Essential Consumer Products
USD (Local)
Income Statement
Annual • USD
Total Revenue
275.24B
Prev Year: 254.45B
YoY: +8.2%
Operating Revenue
275.24B
Prev Year: 254.45B
YoY: +8.2%
Total Unusual Items
84.00M
Prev Year: 26.00M
YoY: +223.1%
Total Unusual Items Excluding Goodwill
84.00M
Prev Year: 26.00M
YoY: +223.1%
Gain on Sale of Securities
84.00M
Prev Year: 26.00M
YoY: +223.1%
Cost of Revenue
239.89B
Prev Year: 222.36B
YoY: +7.9%
Gross Profit
35.35B
Prev Year: 32.09B
YoY: +10.1%
Operating Expense
24.97B
Prev Year: 22.81B
YoY: +9.5%
Selling General and Administrative
24.97B
Prev Year: 22.81B
YoY: +9.5%
Operating Income
10.38B
Prev Year: 9.29B
YoY: +11.8%
Net Non Operating Interest Income Expense
351.00M
Prev Year: 429.00M
YoY: -18.2%
Non-operating Interest Income
505.00M
Prev Year: 598.00M
YoY: -15.6%
Non-operating Interest Expense
154.00M
Prev Year: 169.00M
YoY: -8.9%
Other Income Expense
84.00M
Prev Year: 26.00M
YoY: +223.1%
Pre-tax Income
10.82B
Prev Year: 9.74B
YoY: +11.1%
Provision for Income Taxes
2.72B
Prev Year: 2.37B
YoY: +14.6%
Net Income Common Stockholders
8.10B
Prev Year: 7.37B
YoY: +9.9%
Net Income
8.10B
Prev Year: 7.37B
YoY: +9.9%
Net Income Including Non-Controlling Interests
8.10B
Prev Year: 7.37B
YoY: +9.9%
Net Income from Continuing Operations
8.10B
Prev Year: 7.37B
YoY: +9.9%
Diluted NI Available to Com Stockholders
8.10B
Prev Year: 7.37B
YoY: +9.9%
Total Operating Income as Reported
10.38B
Prev Year: 9.29B
YoY: +11.8%
Basic EPS
-
Prev Year: 16.3
Total Expenses
264.85B
Prev Year: 245.17B
YoY: +8.0%
Diluted EPS
-
Prev Year: 16.56
Net Income from Continuing and Discontinued Operation
8.10B
Prev Year: 7.37B
YoY: +9.9%
Weighted Average Shares (basic)
-
Prev Year: 449.90M
Normalized Income
8.04B
Prev Year: 7.35B
YoY: +9.4%
Weighted Average Shares (diluted)
-
Prev Year: 450.75M
Interest Income
505.00M
Prev Year: 598.00M
YoY: -15.6%
Interest Expense
154.00M
Prev Year: 169.00M
YoY: -8.9%
Net Interest Income
351.00M
Prev Year: 429.00M
YoY: -18.2%
EBIT
10.97B
Prev Year: 9.91B
YoY: +10.7%
EBITDA
13.40B
Prev Year: 12.15B
YoY: +10.3%
Reconciled Cost of Revenue
239.89B
Prev Year: 222.36B
YoY: +7.9%
Reconciled Depreciation
2.43B
Prev Year: 2.24B
YoY: +8.4%
Net Income from Continuing Operation Net Minority Interest
8.10B
Prev Year: 7.37B
YoY: +9.9%
Normalized EBITDA
13.31B
Prev Year: 12.12B
YoY: +9.9%
Tax Rate for Calcs
0.251
Prev Year: 0
Tax Effect of Unusual Items
21.08M
Prev Year: 6.34M
YoY: +232.3%
Values in USD
Costco Wholesale key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $275.2B | $254.5B | $242.3B | $227.0B | $195.9B |
| Gross profit | $35.3B | $32.1B | $29.7B | $27.6B | $25.2B |
| Operating income | $10.4B | $9.3B | $8.1B | $7.8B | $6.7B |
| Net income | $8.1B | $7.4B | $6.3B | $5.8B | $5.0B |
| Diluted EPS | – | $16.56 | $14.16 | $13.14 | $11.27 |
| Total assets | – | $69.8B | $69.0B | $64.2B | $59.3B |
| Total liabilities | – | $46.2B | $43.9B | $43.5B | $41.2B |
| Shareholders' equity | – | $23.6B | $25.1B | $20.6B | $17.6B |
| Cash | – | $9.9B | $13.7B | $10.2B | $11.3B |
| Total debt | – | $8.3B | $8.9B | $9.0B | $10.1B |
| Operating cash flow | – | $11.3B | $11.1B | $7.4B | $9.0B |
| Capital spending | – | $4.7B | $4.3B | $3.9B | $3.6B |
| Free cash flow | – | $6.6B | $6.7B | $3.5B | $5.4B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.
Questions and answers
What was Costco Wholesale's revenue in fiscal year 2025?
$275.24 billion, up 8.2% from $254.45 billion in fiscal year 2024.
How much profit does Costco Wholesale make?
Costco Wholesale reported net income of $8.10 billion for fiscal year 2025 (2.9% of revenue); operating income was $10.38 billion.
Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
