COSTCO WHOLESALE CORP (COST) Q2 FY2026 Earnings Recap
COSTCO WHOLESALE CORP (COST) reported Q2 FY2026 earnings on March 5, 2026. The company posted revenue of $68.2B (+9.1% YoY) and GAAP EPS of $4.58 (+13.9% YoY).
Key Metrics
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | $68.2B | +9.1% |
| GAAP EPS | $4.58 | +13.9% |
| Gross Margin | 11.02% | — |
| Net Income | $2.04B | +13.8% |
Segment Breakdown
| Segment | Revenue | YoY | % of Total |
|---|---|---|---|
| US | null | +5.9% comp sales | null% |
| Canada | null | +10.1% comp sales | null% |
| Other International | null | +13.0% comp sales | null% |
Full-Year Summary (FY2026)
| Metric | Value | Change |
|---|---|---|
| Total Warehouses (Est. FY2026 End) | 942 | +28 vs. FY2025 End (914) |
| Paid Memberships | 82.1MM | +4.8% YoY |
| Total Cardholders | 147.2MM | +4.7% YoY |
| Executive Memberships | 40.4MM | null |
| Worldwide Membership Renewal Rate | 89.7% | null |
| US/Canada Renewal Rate | 92.1% | null |
Key Highlights
- Net sales of $68.2B grew 9.1% YoY with comparable sales up 7.4% (6.7% adjusted ex-gas and FX)
- Digitally-enabled comparable sales surged +22.6%, driven by +63% app visits, +32% ecommerce traffic, and +15% average order value
- Membership income grew +13.6% with worldwide renewal rate at 89.7% and US/Canada at 92.1%
- Diluted EPS of $4.58 increased 13.9% YoY; net income of $2.04B up 13.8%
- Aggressive warehouse expansion planned: 18 additional openings expected in the remainder of FY2026, bringing total to 942
Risks & Headwinds
Risks include tariffs and geopolitical conditions, exchange rate fluctuations, inflation/deflation, competition, rising employee costs, commodity and energy price volatility, and cybersecurity/privacy breaches. Forward-looking statements are subject to material uncertainty.
Data sourced from COSTCO WHOLESALE CORP's Q2 FY2026 earnings press release filed with the SEC. This recap is auto-generated and is not investment advice.