Filing Flows › Walmart (WMT) › Q1 FY27
Walmart (WMT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed May 29, 2026
Walmart (WMT) reported revenue of $177.8B for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and -7% from the quarter before. Operating margin was 4.2%, net earnings $5.5B (3.1% of revenue).
Walmart, Q1 FY27: revenue $177.8B (+7% year over year), operating margin 4.2%, net earnings $5.5B, operating cash flow $4.7B. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $177.8B | -7% | +7% |
| Operating profit | $7.5B | -14% | +5% |
| Net earnings | $5.5B | +25% | +18% |
| Operating cash flow | $4.7B | -66% | -12% |
What changed
Revenue was $177.8B in Q1 FY27, up 7% year over year and down 7% from the previous quarter.
Operating profit was $7.5B, a 4.2% margin (down 0.1 points year over year). Of the extra revenue versus Q1 FY26, 3% reached operating profit, below the 4% margin then. Total costs grew 7% against revenue growth of 7%. Net earnings were $5.3B, up 19% year over year. The effective tax rate was 23.2%.
Operating cash flow was $4.7B (down 12% year over year), 86% of net income including minority interests. Non-cash charges added back $3.8B of depreciation and amortization. Working capital and other items used $4.6B. Capital expenditures of $6.7B exceeded it, leaving free cash flow of −$1.9B.
Questions
What was Walmart's revenue in the first quarter fiscal 2027?
Walmart (WMT) reported revenue of $177.8B for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and -7% from the quarter before.
Was Walmart profitable in the first quarter fiscal 2027?
Operating profit was $7.5B (4.2% of revenue) and net earnings $5.5B.
Source: Walmart 10-Q on SEC EDGAR.