Walmart Inc. has released its Q1 2026 earnings report, showing growth in both revenue and operating income, largely driven by online sales.
Walmart's Financial Results
In the first quarter of fiscal 2026, Walmart reported revenue of $165.6 billion, a 2.5% increase, or 4.0% in constant currency. Operating income increased by 4.3%, with adjusted growth of 3.0% in constant currency terms. This growth was attributed to higher gross margins and increased membership income.
Growth in Online Sales
Walmart's online sales saw a significant 22% growth globally, driven by store-fulfilled pickup and delivery services, as well as marketplace operations. Additionally, Walmart's global advertising business grew by 50%, contributing positively to the company's financial performance.
Guidance for Q2 and FY 2026
Looking ahead to the second quarter, Walmart expects net sales to increase by 3.5% to 4.5% in constant currency terms. For fiscal 2026, Walmart has reiterated its guidance of a net sales increase of 3.0% to 4.0% in constant currency.
Walmart shows confidence in its business strategies and projections for the future, continuing to invest in technology and infrastructure despite external challenges.
