Filing Flows › Walmart (WMT) › Q2 FY27 › vs Q1 FY27
Walmart (WMT) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Walmart's revenue rose $10.2B (+6%) from $177.8B in Q1 FY27 to $187.9B in Q2 FY27. Operating margin 5.0% against 4.2% (+0.8 pts).
Walmart, Q2 FY27: revenue $187.9B (+6% year over year), operating margin 5.0%, net earnings $6.5B, operating cash flow $15.0B. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Operating margin | 5.0% | 4.2% | +0.8 pts |
| Net margin | 3.5% | 3.1% | +0.4 pts |
| Free cash flow margin | 4.0% | -1.1% | +5.1 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $187.9B | $177.8B | $10.2B | +6% |
| Operating profit | $9.4B | $7.5B | $1.9B | +25% |
| Costs & expenses | $178.6B | $170.3B | $8.3B | +5% |
| Pre-tax earnings | $8.0B | $7.1B | $864M | +12% |
| Other expense, net | $1.4B | $345M | $1.0B | +297% |
| Cost of revenue | $138.8B | $133.1B | $5.7B | +4% |
| SG&A | $39.8B | $37.2B | $2.5B | +7% |
| Net earnings | $6.5B | $5.5B | $1.0B | +19% |
| Income tax | $1.5B | $1.7B | −$175M | -11% |
| Depreciation & amortization | $3.9B | $3.8B | $104M | +3% |
| Working capital & other | $4.5B | −$4.6B | $9.1B | — |
| Operating cash flow | $15.0B | $4.7B | $10.2B | +216% |
| Free cash flow (OCF − capex) | $7.5B | −$1.9B | $9.4B | — |
| Capital expenditures | $7.5B | $6.7B | $813M | +12% |
Questions
How much did Walmart's revenue grow quarter over quarter in Q2 FY27?
Walmart's revenue rose $10.2B (+6%) from $177.8B in Q1 FY27 to $187.9B in Q2 FY27. Operating margin 5.0% against 4.2% (+0.8 pts).