Walmart Inc. Reports Strong Fourth Quarter Performance, Revenue Growth of 5.6%

In its latest press release, Walmart disclosed a total revenue of $190.7 billion for the fourth quarter, marking a robust year-over-year increase. This growth in revenue is reflective of the company's strategic focus on enhancing customer experience and expanding its service offerings, particularly in the eCommerce and advertising sectors.

Walmart's global eCommerce sales skyrocketed by 24%, driven largely by the success of its store-fulfilled pickup and delivery services, as well as its expanding marketplace. This surge underscores the company's effective adaptation to changing consumer behaviors, emphasizing convenience and accessibility.

Additionally, Walmart's global advertising business experienced impressive growth, with a 37% increase overall. Notably, Walmart Connect in the U.S. reported an exceptional 41% rise, highlighting the effectiveness of its advertising strategies and partnerships, including the collaboration with VIZIO.

The company's membership fee revenue also saw a healthy increase of 15.1% globally, reflecting the growing popularity of Walmart's membership programs among consumers. This growth in recurring revenue streams is a positive indicator of customer loyalty and satisfaction.

Walmart's gross margin rate improved by 13 basis points, primarily driven by strong performance in Walmart U.S. This enhancement in gross margin is a critical factor contributing to the company's overall financial health and its ability to invest in future growth initiatives.

Walmart reported an operating income increase of $0.8 billion, translating to a significant 10.8% growth. Adjusted for constant currency, the increase stands at 10.5%, outpacing sales growth and demonstrating effective cost management and operational efficiency.

The company's adjusted earnings per share (EPS) came in at $0.74, which excludes the impact of a net loss of $0.21 on equity and other investments. This positive EPS underscores Walmart's resilience and profitability despite the challenges faced in the broader economic landscape.

Walmart will host a live conference call with the investment community at 7 a.m. CST on Thursday, February 19th, 2026, to discuss these fourth quarter earnings results in greater detail. Investors and analysts are encouraged to tune in to gain insights into the company's performance and strategic direction. The event will be accessible via a live webcast, which will also be archived for future reference.

Walmart Inc.'s fourth quarter results for fiscal year 2026 reflect a strong performance across multiple dimensions, driven by strategic investments in eCommerce, advertising, and membership services. The company's ability to adapt to changing market conditions while maintaining a focus on customer experience positions it well for continued success in the competitive retail landscape. As Walmart continues to innovate and expand its offerings, stakeholders will be keenly watching its path forward in the coming fiscal year.