
WMT Earnings
Walmart Inc
- Overview
- Forecast
- Valuation
- Earnings
Earning Analysis
Welcome to our in-depth analysis of Walmart Inc(WMT) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Walmart Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
FY2026Q1 | 2025-05-15 | Pre-Market | 0.57 | 0.61 | +7.02 | 164.43B | 163.98B | -0.27 | -0.50 | +1.00 |
FY2025Q4 | 2025-02-20 | Pre-Market | 0.64 | 0.66 | +3.13 | 179.00B | 178.83B | -0.09 | -6.53 | -7.50 |
FY2025Q2 | 2024-08-15 | Pre-Market | 0.65 | 0.67 | +3.08 | 167.38B | 167.77B | +0.23 | +6.58 | +9.90 |
FY2025Q1 | 2024-05-16 | - | 0.52 | 0.60 | +15.38 | 158.27B | 159.94B | +1.06 | +6.99 | +9.06 |
FY2024Q4 | 2024-02-20 | - | 1.65 | 1.80 | +9.09 | 169.26B | 171.91B | +1.57 | +3.23 | +4.95 |
FY2024Q2 | 2023-08-17 | - | 1.69 | 1.84 | +8.88 | 159.12B | 160.28B | +0.73 | -2.24 | -0.73 |
- | 2023-05-18 | - | 1.32 | 1.47 | +11.36 | - | - | - | +1.30 | -1.27 |
- | 2023-02-21 | - | 1.52 | 1.71 | +12.50 | - | - | - | +0.61 | -3.41 |
- | 2022-11-15 | - | 1.32 | 1.50 | +13.64 | - | - | - | +6.54 | +9.22 |
- | 2022-08-16 | - | 1.60 | 1.77 | +10.63 | - | - | - | +5.11 | +1.49 |
WMT Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Walmart Inc reported performance for FY2026Q1, announced on 2025-05-15. The company achieved an EPS of 0.61, compared to analyst estimates of 0.57 by 7.02% . Revenue for the quarter reached 163.98B compared to expectations of 164.43B by -0.27% .
The stock price reacted with a -0.50% one-day change and a 1.00% five-day change following the earnings release. These movements reflect market reaction in Walmart Inc growth trajectory and strategic initiatives.
WMT Earnings Forecast
Looking ahead, Walmart Inc(WMT) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2026/Q2 project quarter revenue of 173.82B and an EPS of 0.71.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2026 have been Revise Downward by -0.35%, while EPS estimates have been Revise Downward by -1.1%. For the upcoming Q2 2026, revenue estimates have been adjusted Revise Upward by 0.16% . These revisions correlate with a 1.16% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Walmart Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between WMT's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2026
Revise Downward

-0.35%
In Past 3 Month
EPS Estimates for FY2026
Revise Downward

-1.1%
In Past 3 Month
Revenue Estimates for Q2 2026
Revise Upward

+0.16%
In Past 3 Month
Stock Price
Go Up

+1.16%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2026
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2026:700.03B
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EPS Estimate-Annual FY 2026:2.62
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Stock Price98.72
WMT Revenue and EPS Performance: A Historical Perspective
Walmart Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2026Q1 (2025-05-15,Pre-Market):
EPS: 0.61 (Actual) vs.0.57 (Estimate) (7.02%)
Revenue: 163.98B (Actual) vs. 164.43B (Estimate) (-0.27%)
Price Reaction: -0.50%(1-Day), 1.00%(5-Day)
FY2025Q4 (2025-02-20,Pre-Market):
EPS: 0.66 (Actual) vs.0.64 (Estimate) (3.13%)
Revenue: 178.83B (Actual) vs. 179.00B (Estimate) (-0.09%)
Price Reaction: -6.53%(1-Day), -7.50%(5-Day)
FY2025Q2 (2024-08-15,Pre-Market):
EPS: 0.67 (Actual) vs.0.65 (Estimate) (3.08%)
Revenue: 167.77B (Actual) vs. 167.38B (Estimate) (0.23%)
Price Reaction: 6.58%(1-Day), 9.90%(5-Day)
Earnings Reaction
The chart below shows how WMT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WMT sees a -2.16% change in stock price 10 days leading up to the earnings, and a +0.54% change 10 days following the report. On the earnings day itself, the stock moves by +2.11%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in APR/2025, the stock changed 1.96% on the day following the earnings release and then changed by 2.46% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Walmart Inc (WMT) Q1 2026 Earnings Call Summary
Positive
2025-05-17
Walmart shows strong financial performance with a 4% revenue increase and 21% eCommerce growth, despite currency headwinds. Share repurchases of $4.6 billion and a 15% rise in membership fee income indicate shareholder value focus. The Q&A highlights profitability in eCommerce and strategic investments in automation and advertising. While tariff and regulatory challenges exist, management's confidence in navigating them suggests resilience. Overall, the positive growth in key areas and strategic initiatives outweigh the concerns, leading to a positive stock price outlook.
Walmart Inc (WMT) Q1 2026 Earnings Call Summary
Positive
2025-05-15
Walmart's earnings call highlights strong eCommerce growth, profitability, and increased advertising revenue, alongside a robust stock repurchase program. The Q&A session provided insights into further eCommerce profitability improvements and strategic investments in automation. Despite concerns about tariffs and vague responses on eCommerce losses, the overall financial performance and future guidance are optimistic. The positive sentiment is reinforced by achieving profitability in eCommerce and substantial stock buybacks, likely leading to a stock price increase in the short term.
Walmart Inc (WMT) Q4 2025 Earnings Call Summary
Positive
2025-02-21
The earnings call highlights strong financial performance with a 13% EPS growth, 5.6% revenue increase, and significant gains in advertising and membership income. Despite some cost pressures from wage investments and integration costs, the company shows robust growth in e-commerce and international sales. The 13% dividend increase further bolsters shareholder confidence. While there are some uncertainties about tariffs, the overall tone is optimistic, with improved guidance and strategic investments in automation and AI. These factors suggest a positive stock price movement in the short term.
Walmart Inc (WMT) Q4 2025 Earnings Call Summary
Positive
2025-02-20
The earnings call highlights strong financial performance, with increased revenue and EPS, and a positive outlook with raised guidance. The dividend increase is a positive signal for shareholders. Despite some concerns about economic uncertainties and competitive pressures, the overall sentiment from the Q&A suggests confidence in the company's strategies and growth potential. The positive aspects outweigh the negatives, leading to a positive sentiment rating.
Walmart Inc. (WMT) Q3 2025 Earnings Call Summary
Positive
2024-11-19
Financial performance was strong with significant sales, profit, and eCommerce growth. Shareholder returns are supported by a buyback program and dividend increases. The Q&A section highlighted positive momentum and strategic investments, despite some management vagueness. Overall, the strong earnings and optimistic guidance suggest a positive stock price movement.
Walmart Inc. (WMT) Q2 2025 Earnings Call Summary
Positive
2024-08-15
The earnings call summary presents a positive outlook with strong financial performance, particularly in e-commerce and international sales. The Q&A section reveals management's confidence in continued growth despite external factors like elections. The lack of a share repurchase program or dividend details is neutral, but the adjusted EPS beat and strong guidance are positive indicators. Overall, the market is likely to react positively, with a stock price movement prediction of 2% to 8%.
FAQ

What were the key highlights of WMT’s latest earnings report for FY2026Q1?
WMT reported its FY2026Q1 earnings on 2025-05-15, showcasing a revenue of 163.98B against an estimate of 164.43B, resulting in a -0.27% surprise. The EPS was 0.61, surpassing the expected 0.57 by 7.02% . The stock experienced a -0.5% price change on the earnings day and a 1% change over the next five days, reflecting market reactions to the results.

How did WMT’s stock price react after the FY2026Q1 earnings release?

What are the revenue and EPS estimates for WMT for 2026/Q2?

How does WMT’s stock price correlate with earnings forecast revisions?

What should investors expect from WMT’s next earnings report?
