Financials in USD. Standardized financial statements.
A compact view of how Costco Wholesale Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $275.24B | $254.45B | $242.29B | $226.95B | $195.93B | $166.76B | $152.70B | $141.58B | $129.03B | $118.72B |
| Revenue Growth? | +8.2% | +5.0% | +6.8% | +15.8% | +17.5% | +9.2% | +7.9% | +9.7% | +8.7% | 0.0% |
| Cost of Revenue? | $239.89B | $222.36B | $212.59B | $199.38B | $170.68B | $144.94B | $132.89B | $123.15B | $111.88B | $102.90B |
| Gross Profit? | $35.35B | $32.09B | $29.70B | $27.57B | $25.25B | $21.82B | $19.82B | $18.42B | $17.14B | $15.82B |
| Gross Margin? | +12.8% | +12.6% | +12.3% | +12.1% | +12.9% | +13.1% | +13.0% | +13.0% | +13.3% | +13.3% |
| Operating Expenses? | $24.97B | $22.81B | $21.59B | $19.78B | $18.54B | $16.39B | $15.08B | $13.94B | $13.03B | $12.15B |
| Operating Income? | $10.38B | $9.29B | $8.11B | $7.79B | $6.71B | $5.43B | $4.74B | $4.48B | $4.11B | $3.67B |
| EBITDA? | $13.40B | $12.15B | $10.72B | $9.90B | $8.63B | $7.18B | $6.41B | $6.04B | $5.54B | $5.01B |
| Income Before Tax | $10.82B | $9.74B | $8.49B | $7.84B | $6.68B | $5.37B | $4.76B | $4.44B | $4.04B | $3.62B |
| Income Tax Expense | $2.72B | $2.37B | $2.19B | $1.93B | $1.60B | $1.31B | $1.06B | $1.26B | $1.32B | $1.24B |
| Net Income? | $8.10B | $7.37B | $6.29B | $5.84B | $5.01B | $4.00B | $3.66B | $3.13B | $2.68B | $2.35B |
| EPS? | $18.24 | $16.60 | $14.18 | $13.17 | $11.30 | $9.05 | $8.32 | $7.15 | $6.11 | $5.36 |
| Diluted EPS? | $18.21 | $16.56 | $14.16 | $13.14 | $11.27 | $9.02 | $8.26 | $7.09 | $6.08 | $5.33 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality