Walmart Releases Q4 FY25 Earnings
We have solid momentum, building on our strong financial performance in FY25
We grew operating income faster than sales in Q4 FY25 on a combination of solid operating discipline and growth in higher-margin businesses, such as advertising. We’re deploying capital toward the highest returns, using technology to enhance customer experience.
Building
customer trust
Strengthening our stores and clubs, while growing our eCommerce business.
Diversifying
business mix
Serving customers in new ways.
Driving
higher returns
Focusing investments in areas with attractive returns and driving productivity improvements through disciplined execution.
Investing
in our future
Increasing our competitive advantages and enhancing the omnichannel experience.
Across our stores, clubs and online, customers are looking for value and convenience – and they trust Walmart to deliver it. In Q4 FY25, we continued to exceed our customers’ expectations through our growing assortment, faster delivery times and incredible value.
Walmart U.S.
Sam's Club
Walmart International
We achieved strong results across segments in Q4 FY25, aided by eCommerce growth. Transaction counts and unit volumes were up compared to the prior year, alongside market share gains and solid inventory levels.
Walmart U.S.
eCommerce
Comp sales increases in Walmart U.S. included ongoing share gains across categories, with increased customer transactions in both stores and eCommerce.
Sam's Club
membership
In the U.S., Sam's Club grew membership count and increased penetration of Plus members.
Marketplace
Marketplace grew 34% in the U.S., strengthened by a broader assortment of the general merchandise brands and items customers want.
Store-fulfilled
pickup & delivery
We expanded our U.S. store-fulfilled delivery areas in Q4 FY25. We can now reach 93% of U.S. households with same-day delivery.
Same-day and
next-day service
Speed of delivery is increasingly important to our customers. Walmart International items delivered same- and next-day increased approximately 30%, compared to prior year.
Walmart
International
Walmart International helped customers celebrate moments that mattered in Q4 FY25, with strong general merchandise sales during festive events. In constant currency1, net sales growth was led by China, Walmex and Canada.
Q4 FY25 earnings resources
Related financial news
Find out more about previous earnings announcements, investments and other news from FY25.
Our results in Q4 FY25 illustrate how we’ve continued to optimize our business to deliver greater efficiency – balancing our ongoing investments with improved experiences for customers and associates, and increased returns for shareholders.
Saving customers
time and money
Saving customers time and money with best-in-class service.
Transforming
customer experience
The reopening of the Grapevine, TX, Sam’s Club reimagines retail.
Strengthening
communities
We’re helping Chilean communities grow with a five-year, $1.3 billion investment.
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Constant Currency is a non-GAAP measure. See additional information at the end of the release regarding non-GAAP financial measures.
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Adjusted Operating Income is a non-GAAP measure. See additional information at the end of the release regarding non-GAAP financial measures.
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Our global advertising business is recorded in either net sales or as a reduction to cost of sales, depending on the nature of the advertising arrangement.
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Calculated for the trailing-twelve months ended January 31, 2025. ROI is a non-GAAP measure. See additional information at the end of the release regarding non-GAAP financial measures.
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Comp sales for the 14-week period ended January 31, 2025 compared to the 14-week period ended February 2, 2024, and excludes fuel.
