Net sales for the quarter increased 11.6 percent, to $69.15 billion, from $61.96 billion last year. Net sales for the first 36 weeks increased 9.6 percent, to $203.37 billion, from $185.48 billion last year.
Comparable sales for the third quarter and first 36 weeks of fiscal 2026 were as follows:
12 Weeks
12 Weeks
36 Weeks
36 Weeks
Adjusted*
Adjusted*
U.S.
9.4%
6.8%
7.1%
6.4%
Canada
10.7%
6.2%
9.1%
7.6%
Other International
11.2%
5.9%
11.0%
6.6%
Total Company
9.8%
6.6%
7.9%
6.6%
Digitally-Enabled
21.5%
20.8%
21.6%
21.1%
*Excluding the impacts from changes in gasoline prices and foreign exchange.
Net income for the quarter was $2.19 billion, $4.93 per diluted share, compared to $1.90 billion, $4.28 per diluted share, last year. Net income for the first 36 weeks was $6.23 billion, $14.01 per diluted share, compared to $5.49 billion, $12.34 per diluted share, last year.
Costco currently operates 931 warehouses, including 639 in the United States and Puerto Rico, 115 in Canada, 43 in Mexico, 37 in Japan, 29 in the United Kingdom, 20 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, three in France, two in Sweden, and one each in Iceland, and New Zealand. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, Australia, and China.
A conference call to discuss these results is scheduled for 2:00 p.m. (PT) today, May 28, 2026, and is available via a webcast on investor.costco.com (click on "Events & Presentations").
Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "might," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs and wages), workforce interruptions, energy and certain commodities, geopolitical conditions (including tariffs and global conflicts), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to environmental and social matters, public-health related factors, and other risks identified from time to time in the Company's public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law. Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with U.S. GAAP.
CONTACTS:
Costco Wholesale Corporation
Josh Dahmen, 425/313-8254
Andrew Yoon, 425/313-6305
Bryan Starnes, 425/427-7403
COST-Earn
COSTCO WHOLESALE CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (dollars in millions, except per share data) (unaudited)
12 Weeks Ended
36 Weeks Ended
May 10, 2026
May 11, 2025
May 10, 2026
May 11, 2025
REVENUE
Net sales
$
69,154
$
61,965
$
203,374
$
185,480
Membership fees
1,373
1,240
4,057
3,599
Total revenue
70,527
63,205
207,431
189,079
OPERATING EXPENSES
Merchandise costs
61,519
54,996
180,748
164,849
Selling, general and administrative
6,193
5,679
18,799
17,188
Operating income
2,815
2,530
7,884
7,042
OTHER INCOME (EXPENSE)
Interest expense
(32
)
(35
)
(100
)
(108
)
Interest income and other, net
155
85
458
374
INCOME BEFORE INCOME TAXES
2,938
2,580
