Q4 25 EPS
$5.87
BEAT +0.86%
Est. $5.82
Q4 25 Revenue
$86.16B
vs S&P Since Q4 25
-0.4%
TRAILING MARKET
COST +8.5% vs S&P +8.9%
Full Year 2025 Results
FY 25 EPS
$18.21
BEAT +0.37%
Est. $18.14
FY 25 Revenue
$275.24B
BEAT +0.09%
Est. $275.00B
Market Reaction
Did COST Beat Earnings? Q4 2025 Results
Costco Wholesale delivered a clean beat on both the top and bottom lines in its fiscal fourth quarter of 2025, with earnings of $5.87 per diluted share edging past the $5.82 consensus estimate and total revenue of $86.16 billion coming in ahead of th… Read more Costco Wholesale delivered a clean beat on both the top and bottom lines in its fiscal fourth quarter of 2025, with earnings of $5.87 per diluted share edging past the $5.82 consensus estimate and total revenue of $86.16 billion coming in ahead of the $85.92 billion Wall Street had expected, an 8.1% year-over-year gain that underscored the warehouse retailer's durable consumer appeal. The standout driver behind the quarter was membership momentum: membership income grew 14% year-over-year as paid memberships climbed 6.3% to 81 million, with the worldwide renewal rate holding firm at 89.8%. E-commerce comparable sales surged 13.6%, while in-store traffic rose 3.7%, reflecting broad-based engagement across channels. Despite the headline beat, shares softened post-earnings as investors weighed a modest deceleration in comparable sales growth, a dynamic worth watching into Q1. Looking ahead, management plans to expand its global warehouse count from 914 to roughly 944 locations in fiscal 2026, targeting approximately 30 net new openings across the U.S., Canada, and international markets.
Key Takeaways
- • Comparable sales growth of 5.7% (6.4% adjusted) driven by 3.7% traffic increase and 1.9% ticket growth
- • E-commerce comparable sales surged 13.6% with site traffic up 27%
- • Membership income grew 14.0% with renewal rates holding at 89.8% worldwide and 92.3% in U.S./Canada
- • Gross margin expanded 13 basis points to 11.13%, led by 30 bps core margin improvement
- • SG&A ratio improved 17 basis points to 9.21%
- • Executive memberships reached 38.7 million representing 74.2% penetration of sales
- • Excluding last year's non-recurring tax benefit, net income and EPS growth were both 14.0%
COST YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
COST Revenue by Segment
With YoY comparisons, source: SEC Filings
COST Earnings Trends
COST vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
COST EPS Trend
Earnings per share: estimate vs actual
COST Revenue Trend
Quarterly revenue: estimate vs actual
COST Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | — | $4.58 | — | $69.60B | — |
| Q1 26 BEAT | $4.28 | $4.50 | +5.19% | $67.31B | +0.29% |
| Q4 25 BEAT FY | $5.82 | $5.87 | +0.86% | $86.16B | — |
| FY Full Year | $18.14 | $18.21 | +0.37% | $275.24B | +0.09% |
| Q3 25 BEAT | $4.11 | $4.28 | +4.20% | $63.21B | +0.20% |
| Q2 25 | — | $4.02 | — | $63.72B | — |