Walmart Inc Q2 2026 Earnings Analysis
Revenue grew 4.8% year over year and rose 7.1% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency. Walmart Inc also posted year-over-year earnings growth, reinforcing a more resilient operating profile.
Revenue trend
Revenue growth stayed positive, supporting a healthier topline trend.
Margin and earnings quality
Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.
What matters next
Investors will continue watching execution quality.
Revenue & YoY Growth
QuarterlyRevenue trend and year-over-year growth across recent reported quarterly periods.
Net Income & Net Margin
QuarterlyNet income and net margin trend over recent reported quarterly periods.
Revenue Analysis
Walmart Inc reported $177.4B in revenue for Q2 2026, up 4.8% YoY and up 7.1% QoQ. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $7.0B, up 56.1% YoY and up 56.6% QoQ. Net margin was 4%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.
Frequently Asked Questions
Quick factual answers for this report. Need the why behind them? Ask the report assistant.
What was Walmart Inc's revenue in Q2 2026?
Walmart Inc reported revenue of $177.4B in Q2 2026.
What was Walmart Inc's net income in Q2 2026?
Walmart Inc reported net income of $7.0B in Q2 2026.
How did Walmart Inc's revenue change year over year?
Walmart Inc's revenue increased by 4.8% year over year in Q2 2026.
What was Walmart Inc's net margin in Q2 2026?
Walmart Inc's net margin was 4% in Q2 2026.
Compare this quarter with the previous earnings report.
Explore company profile, industry, and historical context.
View more quarterly financial trend pages for this company.
Data Source & Methodology
Financial data is sourced from company filings and internal processed earnings data.
YoY and QoQ values are derived from reported quarterly figures when not directly available.
This page is for informational purposes only and does not constitute investment advice.
