Walmart Q2 FY27: Revenue $186.1B, EPS $0.80, Guidance Raised
Walmart's Q2 FY27 revenue rose 5.9% to $186.1 billion, with operating income up 28.8% to $9.38 billion and adjusted EPS of $0.81. The quarter benefited from tariff refunds that boosted gross margin, but management is reinvesting those gains into price, so the underlying profit growth is less dramatic. Guidance for the full year was raised, signaling confidence in the business despite a cautious consumer backdrop.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $0.80, down 9.1% from $0.88 last year, due to a $1.2 billion other loss versus a $2.7 billion gain last year. Adjusted EPS, which excludes those investment swings and a tax benefit, was $0.81. That adjusted figure is the better gauge of core profitability, but it still reflects margin pressure from price investments.
Revenue grew 5.9% year over year to $186.1 billion, driven by broad-based gains across all segments. Walmart U.S. net sales increased 3.5% to $125.2 billion, while International surged 12.8% to $35.2 billion and Sam's Club U.S. rose 8.8% to $25.7 billion. The top-line beat the prior guidance midpoint of $184.6 billion.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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