Walmart (WMT) Q4 FY26 earnings call

Earnings call· Jan 2026 (Q4 FY26)· Consumer Staples· Feb 19, 2026

Source: earnings call transcript

Walmart delivered a strong Q4 FY26, driven by robust omnichannel execution, significant eCommerce growth, and improved profitability across all segments. The company is leveraging technology and AI, including its Sparky shopping assistant, to enhance customer experience and operational efficiency, while maintaining a disciplined capital allocation strategy focused on long-term returns. Management expressed confidence in continued growth and margin expansion for FY27, despite a cautious near-term outlook.

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WMT operating KPIs by quarter

WMT operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Oct 2025 Q3 FY26	This call Jan 2026 Q4 FY26	Change vs prior quarter
Employees	2.1M John, you have 2.1 million associates standing behind you as you lead us in this next chapter. Source: earnings call transcript	2M+ And then finally, I just want to thank our associates all around the world, over 2 million people who are working really hard each and every day to serve our customers. Source: earnings call transcript	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.