EI Earnings Insight Lab
Walmart Inc

Walmart Inc Q3 2022 Earnings Analysis

Reported on 2021-12-01 / Fiscal Quarter Q3 2022
Margin Under Pressure Mixed Quarter
Walmart Inc reported Q3 2022 results with relatively stable operating performance.

and fell 0.4% sequentially. Margins weakened from the previous quarter, indicating ongoing pressure on profitability.

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Source: Company filings / processed earnings data
Revenue
$140.5B
YoY: N/A
QoQ: -0.3708%
Net Income
$3.1B
YoY: N/A
QoQ: -27.39%
EPS (Diluted)
$0.37
YoY: N/A
Net Margin
2.2%
YoY: N/A
QoQ: -0.82 pts
Gross Margin
25.3%
Operating Margin
4.1%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Margins deteriorated from last quarter, indicating weaker profit conversion.

Investor Focus

What matters next

Investors will continue watching execution quality.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

Walmart Inc reported $140.5B in revenue for Q3 2022 and down 0.4% QoQ.

Revenue Snapshot
Current Quarter $140.5B
Previous Quarter $141.0B
Same Quarter Last Year N/A
YoY Change N/A
QoQ Change -0.4%

Profitability Analysis

Net income came in at $3.1B and down 27.4% QoQ. Net margin was 2.2%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $3.1B
EPS $0.37
Net Margin 2.2%
QoQ Margin Change -0.8 pts

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 Q3 2022?

Walmart Inc reported revenue of $140.5B in Q3 2022.

What was Walmart Inc's net income in Q3 2022?

Walmart Inc reported net income of $3.1B in Q3 2022.

How did Walmart Inc's revenue change year over year?

Year-over-year revenue change data is not available for Q3 2022.

What was Walmart Inc's net margin in Q3 2022?

Walmart Inc's net margin was 2.2% in Q3 2022.

Related
Walmart Inc Q2 2022 Earnings

Compare this quarter with the previous earnings report.

Related
Walmart Inc Company Overview

Explore company profile, industry, and historical context.

Related
Walmart Inc Revenue & Profit Trends

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.

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