Walmart (WMT) FY2026 10-K Annual Report

Filed: Mar 13, 2026
Consumer Discretionary
Retail-Variety StoresSEC EDGAR

Walmart (WMT) 10-K annual report for fiscal year 2026, filed with SEC EDGAR on Mar 13, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Walmart FY2026 10-K Analysis

Business Overview

  • Omnichannel retailer combining physical stores/clubs, eCommerce, marketplace, health & wellness, and financial services (OnePay fintech venture) into integrated ecosystem
  • OnePay fintech venture and VIZIO acquisition explicitly named; VIZIO subject to FTC/NJ AG stipulated order through 2037 on consumer data practices
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Management Discussion & Analysis

  • Net sales $706.4B, up $31.9B or 4.7% YoY; currency headwinds of $2.8B partially offset growth
  • Operating margin 4.2% vs 4.4% prior year; gross profit rate 24.2% vs 24.1%; opex ratio 20.9% vs 20.7%
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Risk Factors

  • VIZIO FTC/NJ AG stipulated order active until 2037 requiring ongoing consumer data compliance; non-compliance risks penalties and regulatory action
  • Tariff environment materially impacted fiscal 2026 results; ~82% of US segment net sales exposed, with significant general merchandise sourced internationally
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Walmart FY2026 Key Financial Metrics
XBRL

Revenue

$706.4B

+4.7% YoY

Net Income

$21.9B

+12.6% YoY

Operating Margin

4.2%

-13bp YoY

Net Margin

3.1%

+22bp YoY

ROE

22.0%

+62bp YoY

Total Assets

$284.7B

+9.1% YoY

EPS (Diluted)

$2.73

+13.3% YoY

Operating Cash Flow

$41.6B

+14.1% YoY

Source: XBRL data from Walmart FY2026 10-K filing on SEC EDGAR. All figures in USD.

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