Quarterly ResultJun 3, 2026, 04:47 PM
Costco Q3 Revenue $70.5B; Net Income $2.19B; EPS $4.93
AI Summary
Costco Wholesale Corporation reported strong financial results for the third quarter and the first 36 weeks of fiscal 2026. Total revenue for the 12 weeks ended May 10, 2026, increased to $70.53 billion, with net income rising to $2.19 billion, or $4.93 per diluted share. For the year-to-date period, total revenue was $207.43 billion and net income was $6.23 billion, or $14.01 per diluted share. The company also saw an increase in total assets and continued its share repurchase program, repurchasing $183 million in the quarter. A quarterly cash dividend of $1.47 per share was declared.
Key Highlights
- Costco reported total revenue of $70.53 billion for the 12 weeks ended May 10, 2026, an increase from $63.21 billion in the prior year.
- Net income for the 12-week period was $2.19 billion, or $4.93 per diluted share, up from $1.90 billion, or $4.28 per diluted share, in the prior year.
- For the 36 weeks ended May 10, 2026, total revenue reached $207.43 billion, compared to $189.08 billion in the same period last year.
- Net income for the 36-week period was $6.23 billion, or $14.01 per diluted share, up from $5.49 billion, or $12.34 per diluted share, in the prior year.
- Total assets increased to $86.43 billion as of May 10, 2026, from $77.10 billion as of August 31, 2025.
- The company repurchased $183 million of common stock in the third quarter of 2026.
- Costco declared a quarterly cash dividend of $1.47 per share.
- Operating income for the 12 weeks ended May 10, 2026, was $2.82 billion, up from $2.53 billion in the prior year.
Price Impact
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