Costco Income Statement

COST / Consumer Staples|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Costco reported $275.2B in revenue and $8.1B in net income for FY2025. Revenue has grown at a 10.1% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 4.50 (safe zone, above 2.9 threshold)
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$275.2B	$254.5B	$195.9B	$166.8B	$152.7B	$141.6B	$152.7B	$118.7B	$116.2B	$112.6B	$105.2B	$99.1B	$88.9B	$77.9B	$71.4B
Cost of Revenue	$239.9B	$222.4B	$170.7B	$144.9B	$132.9B	$123.2B	$132.9B	$102.9B	$101.1B	$98.5B	$91.9B	$86.8B	$77.7B	$68.0B	$62.3B
Gross Profit	-	-	-	-	-	-	$16.5B	-	-	-	-	-	-	-	-
SG&A Expense	$25.0B	$22.8B	$18.5B	$16.4B	$15.0B	$13.9B	$15.0B	$12.1B	$11.4B	$10.9B	$10.1B	$9.5B	$8.7B	$7.8B	$7.3B
Operating Income	$10.4B	$9.3B	$6.7B	$5.4B	$4.7B	$4.5B	$4.7B	$3.7B	$3.6B	$3.2B	$3.1B	$2.8B	$2.4B	$2.1B	$1.8B
Interest Expense	$154.0M	$169.0M	$171.0M	$160.0M	$150.0M	$159.0M	$150.0M	$133.0M	$124.0M	$113.0M	$99.0M	$95.0M	$116.0M	$111.0M	$108.0M
Income Tax	$2.7B	$2.4B	$1.6B	$1.3B	$1.1B	$1.3B	$1.1B	$1.2B	$1.2B	$1.1B	$990.0M	$1.0B	$841.0M	$731.0M	$628.0M
Net Income	$8.1B	$7.4B	$5.0B	$4.0B	$3.7B	$3.1B	$3.7B	$2.4B	$2.4B	$2.1B	$2.0B	$1.7B	$1.5B	$1.3B	$1.1B
EPS (Basic)	$14.18	$13.17	$11.30	$9.05	$8.32	$7.15	$8.32	$5.36	$5.41	$4.69	$4.68	$3.94	$3.35	$2.97	$2.50
EPS (Diluted)	$14.16	$13.14	$11.27	$9.02	$8.26	$7.09	$8.26	$5.33	$5.37	$4.65	$4.63	$3.89	$3.30	$2.92	$2.47
Shares Outstanding	443.1M	442.8M	442.7M	441.8M	441.3M	439.6M	442.9M	437.2M	437.5M	438.0M	437.7M	436.8M	432.4M	434.3M	433.5M
Gross Margin	-	-	-	-	-	-	10.8%	-	-	-	-	-	-	-	-
Operating Margin	3.8%	3.6%	3.4%	3.3%	3.1%	3.2%	3.1%	3.1%	3.1%	2.9%	2.9%	2.8%	2.7%	2.7%	2.5%
Profit Margin	2.9%	2.9%	2.6%	2.4%	2.4%	2.2%	2.4%	2.0%	2.1%	1.8%	1.9%	1.7%	1.6%	1.7%	1.5%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Costco Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$275.2B

$254.5B

$195.9B

$166.8B

$152.7B

$141.6B

$152.7B

$118.7B

$116.2B

$112.6B

$105.2B

$99.1B

$88.9B

$77.9B

$71.4B

Cost of Revenue

$239.9B

$222.4B

$170.7B

$144.9B

$132.9B

$123.2B

$132.9B

$102.9B

$101.1B

$98.5B

$91.9B

$86.8B

$77.7B

$68.0B

$62.3B

Gross Profit

$16.5B

SG&A Expense

$25.0B

$22.8B

$18.5B

$16.4B

$15.0B

$13.9B

$15.0B

$12.1B

$11.4B

$10.9B

$10.1B

$9.5B

$8.7B

$7.8B

$7.3B

Operating Income

$10.4B

$9.3B

$6.7B

$5.4B

$4.7B

$4.5B

$4.7B

$3.7B

$3.6B

$3.2B

$3.1B

$2.8B

$2.4B

$2.1B

$1.8B

Interest Expense

$154.0M

$169.0M

$171.0M

$160.0M

$150.0M

$159.0M

$150.0M

$133.0M

$124.0M

$113.0M

$99.0M

$95.0M

$116.0M

$111.0M

$108.0M

Income Tax

$2.7B

$2.4B

$1.6B

$1.3B

$1.1B

$1.3B

$1.1B

$1.2B

$1.1B

$990.0M

$1.0B

$841.0M

$731.0M

$628.0M

Net Income

$8.1B

$7.4B

$5.0B

$4.0B

$3.7B

$3.1B

$3.7B

$2.4B

$2.1B

$2.0B

$1.7B

$1.5B

$1.3B

$1.1B

EPS (Basic)

$14.18

$13.17

$11.30

$9.05

$8.32

$7.15

$8.32

$5.36

$5.41

$4.69

$4.68

$3.94

$3.35

$2.97

$2.50

EPS (Diluted)

$14.16

$13.14

$11.27

$9.02

$8.26

$7.09

$8.26

$5.33

$5.37

$4.65

$4.63

$3.89

$3.30

$2.92

$2.47

Shares Outstanding

443.1M

442.8M

442.7M

441.8M

441.3M

439.6M

442.9M

437.2M

437.5M

438.0M

437.7M

436.8M

432.4M

434.3M

433.5M

Gross Margin

10.8%

Operating Margin

3.8%

3.6%

3.4%

3.3%

3.1%

3.2%

3.1%

2.9%

2.8%

2.7%

2.5%

Profit Margin

2.9%

2.6%

2.4%

2.2%

2.4%

2.0%

2.1%

1.8%

1.9%

1.7%

1.6%

1.7%

1.5%