Costco reports $2.99bn net income for Q4, up 14.9%

Costco Wholesale posted net income of $2.99bn in the fiscal fourth quarter that ended 30 August 2026. Excluding a $0.15 per share gain from tariff refunds, net income rose 12.3% and diluted earnings per share increased 12.4%. Total revenue for the quarter reached $95.72bn, while operating income grew 13.8% to $3.80bn.

Comparable sales rose 9.4% overall, with a 10.7% increase in the US, 5% growth in Canada and a 7% rise in other international markets; membership fee income increased 7.3% for the quarter, or 7.7% after stripping out foreign‑exchange effects. Costco operated 939 warehouses at quarter‑end, up from 914 a year earlier, and said it expects to be operating 967 warehouses by the end of fiscal 2027. For the full 52‑week fiscal year, net income climbed to $9.22bn, diluted earnings per share reached $20.76 and total revenue amounted to $303.15bn. Last week, Costco broadened its delivery arrangements in the US, partnering with DoorDash and Uber Eats to bring its products onto both platforms.

In the prior fiscal year, Costco reported net income of $8.09bn and total revenue of $275.23bn. The company operated 914 warehouses a year earlier, compared with 939 at the end of the most recent quarter. A year earlier, Costco operated 914 warehouses.

What we know

US retailer Costco Wholesale has reported net income of $2.99bn during fiscal fourth quarter, which ended 30 August 2026, marking a 14.9% increase from the corresponding period.
Diluted earnings per share for the 16-week quarter reached $6.75, up from $5.87 in the same period a year earlier.
Total revenue for the quarter climbed to $95.72bn, compared with $86.15bn previously, while operating income rose 13.8% to $3.80bn.
Costco had 939 warehouses in operation as of the end of the quarter, up from 914 a year earlier.
The retailer said the figure included a one-off gain of $0.15 per diluted share, tied to International Emergency Economic Powers Act (IEEPA) tariff refunds received during the quarter.