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COSTCO WHOLESALE CORP /NEWCOST

Sector
Consumer
Industry
Retail-Variety Stores
Exchange
Nasdaq

Stock Price $COST

Latest filings

You are here#2 of 17 in Consumer Staples by market cap

Filing record · 2016–202610-K1210-Q328-K128

COST filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 128 current reports (8-K) between 2016 and 2026.

  1. FY2019 annual report10-K · Oct ’19Oct ’19
  2. Leadership change8-K · Feb ’22Feb ’22
  3. Leadership change8-K · Oct ’25Oct ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  18. $275.24B
YoY changeLargest recent move+17.5%in FY21Latest +8.2%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All COST Financial Metrics56 metrics

Income Statement12

Balance Sheet25

Cash Flow14

Per Share5

02—Overview

COSTCO WHOLESALE CORP /NEW Financial Overview 2021–2025

Updated Jul 10, 2026

Costco’s membership fee revenue surged 10%a in FY2025 and accelerated to 14% growth early in FY2026, underscoring a remarkably sticky subscription model that serves as the primary engine for the retailer's profitability. This high-margin loyalty empowers the warehouse club to intentionally suppress merchandise markups, driving aggressive volume expansion and market share gains without sacrificing its bottom line.

The company's long-term trajectory highlights the success of this strategy. Net sales grew steadily from $192.05 billion in FY2021 to $269.9 billionb in FY2025, fueled by a rapidly expanding global footprint and consistently higher shopping frequency. Over this same period, operational efficiencies allowed Costco to continuously widen its profitability, expanding its gross margin by 20 basis points to reach 11.12% in FY2025. This financial discipline generated massive shareholder returns, including a $15.00 per share special cash dividend distributed in FY2024 that totaled approximately $6.7 billion.

This execution has earned Costco a massive premium from the market. Net income jumped to $8.1 billionc by the close of FY2025, and investors responded by assigning the stock a $418.1 billion market cap. Shares traded at $943.32 at the end of FY2025, valuing the business at a lofty 51.8x earnings as the company proved it could sustain double-digit top-line momentum, reaching 10% comparable sales growth by Q3 2026.

Recent Developments (Q2 and Q3 2026)

Costco sustained its robust top-line momentum in Q3 2026, generating $70.5 billiond in total revenue, representing a 12% increase year-over-year. This expansion translated to strong bottom-line results, with diluted earnings per share jumping to $4.93 from $4.28 in the prior year. The retailer also demonstrated confidence in its operational cash flow by raising its regular quarterly dividend to $1.47 per share in April 2026, up from $1.30. To sustain this trajectory, management allocated $6.5 billion in capital expenditures for FY2026 to fund new warehouse openings and digital initiatives.

Rising membership fee income—up 11% to $1.37 billione in the third quarter—and steady global footprint expansion provide a robust bull case for continued, high-margin profit growth. Conversely, the bear case highlights that at 52.8x earnings as of June 3, 2026, the stock's valuation is priced for perfection, leaving virtually no margin of safety if consumer spending decelerates.

What to watch: returns on the ongoing digital investments; pace of international and domestic warehouse openings.

03—Filings

Recent SEC Filings

  1. 8-KCOSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Sep 24, 2026)Costco Wholesale Corporation (COST) filed an 8-K on September 24, 2026, announcing its operating results for the 16-week fourth quarter and the full 52-week fiscal year, both ending August 30, 2026. The filing primarily serves to furnish the press release containing these financial results and a supplemental earnings release. Investors should refer to the attached exhibits, specifically Exhibit 99.1 (the press release) and Exhibit 99.2 (the supplemental information), for detailed performance metrics and financial condition. While the 8-K itself does not provide the specific figures, it signals that Costco has publicly disclosed its latest quarterly and annual financial performance. These results are crucial for assessing the company's recent revenue generation, profitability, and overall financial health. Investors will be keen to examine the growth trends, comparable sales figures, membership renewal rates, and any forward-looking statements or management commentary included in the accompanying press release and supplemental documents to gauge future prospects.
  2. 8-KCOSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Jul 8, 2026)Costco Wholesale Corporation (COST) announced a quarterly cash dividend on its common stock. The Board of Directors declared a dividend of $1.47 per share, a positive signal for shareholders focused on income generation. This dividend demonstrates the company's continued ability to return capital to its investors, reflecting confidence in its financial stability and ongoing operational performance. The dividend is payable on August 7, 2026, to shareholders of record as of July 24, 2026. Investors should note the record date to ensure they are eligible to receive the payout. While this filing does not contain detailed financial performance updates, the consistent declaration of dividends is a key indicator of a mature and cash-generative business model.
  3. 8-KCOSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (May 28, 2026)Costco Wholesale Corporation /New (COST) filed an 8-K on May 28, 2026, to report its financial and operating results for the third quarter and the first 36 weeks of fiscal year 2026, ending May 10, 2026. The filing includes a press release (Exhibit 99.1) detailing these results and a supplemental information package (Exhibit 99.2) offering further insights into the company's performance. Investors should review these attached documents for specific financial metrics, sales figures, and operational performance details for the reported periods.
  4. 8-KCOSTCO WHOLESALE CORP /NEW 8-K Report, Corporate Update (Apr 15, 2026)Costco Wholesale Corporation (COST) announced a significant increase in its quarterly cash dividend, a move that directly benefits its shareholders. The Board of Directors declared a dividend of $1.47 per share, representing a substantial increase from the previous $1.30 per share. This hike translates to an annualized dividend of $5.88 per share, signaling management's confidence in the company's financial health and its commitment to returning value to investors. The dividend is payable on May 15, 2026, to shareholders of record as of May 1, 2026. This announcement is a key indicator of Costco's ongoing financial strength and its ability to generate consistent cash flow to support dividend growth.
  5. 8-KCOSTCO WHOLESALE CORP /NEW 8-K Report, Financial Results (Mar 5, 2026)Costco Wholesale Corporation (COST) filed an 8-K on March 5, 2026, to announce its financial results for the second quarter and the first 24 weeks of fiscal year 2026, ending February 15, 2026. The filing also includes sales results for the four weeks ended March 1, 2026. Investors should refer to the attached press release (Exhibit 99.1) and the supplemental information (Exhibit 99.2) for detailed operational and financial performance data. The primary purpose of this 8-K is to provide timely updates on the company's performance as disclosed in the accompanying press release. While the 8-K itself does not contain the specific financial figures, it directs investors to the exhibits where these details can be found. These exhibits are crucial for understanding the company's revenue generation, profitability, and overall financial health during the reported periods.
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04—See also

Related Companies

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