Walmart stock holds near record revenue levels after strong sales

Walmart stock is supported by a $681.0 billion fiscal 2025 sales base, $26.8 billion in operating income, and 6.4% U.S. comparable sales growth in the same year. The company’s fiscal 2025 results and current investor materials on Walmart Investor Relations frame the stock around scale, margin, and traffic rather than a single-day catalyst.

$681.0 billion sales base

Walmart generated $681.0 billion in net sales in fiscal 2025, up 5.0% from fiscal 2024, while operating income rose to $26.8 billion, also up 5.0% year over year. Those figures matter because they show that the company kept expanding a very large revenue base while preserving operating profit growth at a similar pace.

The same fiscal 2025 update showed adjusted earnings per share of $2.51, up 5.9% from the prior year. In investor terms, that creates a three-part picture: higher sales, higher operating income, and higher EPS, all on a 12-month basis.

U.S. comparable sales rise 6.4%

Walmart said U.S. comparable sales increased 6.4% in fiscal 2025, with e-commerce continuing to contribute to the mix. The number is important because it points to customer activity across both stores and digital channels, not just a one-off price effect.

Membership income reached $4.8 billion in fiscal 2025, while global advertising revenue advanced as another profit-supporting stream. For shareholders, those fee and media lines matter because they can lift margins without depending only on merchandise volume.

Margin mix still matters

Walmart’s fiscal 2025 operating margin benefited from mix effects tied to membership income, advertising, and higher-margin digital activity. The broader message is that the company is not only selling more, but also trying to convert traffic into earnings quality.

The retailer also ended fiscal 2025 with global advertising and membership related income rising as a share of the profit engine. That makes the margin mix a central read-through for anyone following the stock, because the market usually rewards durable profit expansion more than sales growth alone.

Walmart Connect and Sam's Club

Walmart Connect remains a useful lens on the company’s higher-margin revenue streams, while Sam’s Club continues to support membership economics across the group. In fiscal 2025, these adjacent businesses helped balance the core grocery and general merchandise operation.

Sam’s Club reported 4.1% comparable sales growth in fiscal 2025, excluding fuel, which added another measured sign of traffic resilience. That detail matters because it shows the membership format contributing its own growth layer rather than merely tracking the broader chain.

Price range and scale

Walmart shares were last shown at $0.00 as of 18 July 2026 in the available search snapshot, so the cleaner market anchor is the company’s fiscal 2025 scale and profitability profile rather than a live tape quote. The investor takeaway is still straightforward: a $681.0 billion sales base, $26.8 billion in operating income, and $2.51 in adjusted EPS leave Walmart positioned as a scale-and-margin story.

That combination gives the stock a different profile from a pure growth name. The retailer’s latest annual numbers show why the market often treats Walmart as a defensive compounder with operating leverage, not just a supermarket chain.

Retailer scale

Walmart operates through Walmart U.S., Walmart International, and Sam's Club, with e-commerce and advertising now part of the earnings mix. The company’s size and breadth remain the core business features behind the stock.

Shares and valuation

Walmart stock is best read through fiscal 2025 earnings power and the company’s expanding revenue mix. The latest annual results show a retailer with $681.0 billion in net sales, $26.8 billion in operating income, and $2.51 in adjusted EPS, which is the kind of combination long-term investors usually track first.