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Costco Wholesale (COST) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Mar 11, 2026
Costco Wholesale (COST) reported revenue of $69.6B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and +3% from the quarter before. Operating margin was 3.7%, net earnings $2.0B (2.9% of revenue).
Costco Wholesale, Q2 FY26: revenue $69.6B (+9% year over year), operating margin 3.7%, net earnings $2.0B. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $69.6B | +3% | +9% |
| Operating profit | $2.6B | +6% | +13% |
| Net earnings | $2.0B | +2% | +14% |
What changed
Revenue was $69.6B in Q2 FY26, up 9% year over year and up 3% from the previous quarter. Foods and Sundries was the largest line at 39% of revenue. Foods and Sundries added $2.0B year over year (up 8%), 35% of the total change.
Operating profit was $2.6B, a 3.7% margin (up 0.1 points year over year). Of the extra revenue versus Q2 FY25, 5% reached operating profit, above the 4% margin then. Total costs grew 9% against revenue growth of 9%. The fastest-growing cost line was SG&A (+11%). Net earnings were $2.0B, up 14% year over year. The effective tax rate was 25.2%.
Questions
What was Costco Wholesale's revenue in the second quarter fiscal 2026?
Costco Wholesale (COST) reported revenue of $69.6B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and +3% from the quarter before.
Was Costco Wholesale profitable in the second quarter fiscal 2026?
Operating profit was $2.6B (3.7% of revenue) and net earnings $2.0B.
Source: Costco Wholesale 10-Q on SEC EDGAR.