Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company offers sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco and deli products; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. It also operates pharmacies, opticals, food courts, hearing-aid centers, and tire installation centers, as well as 636 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of August 29, 2021, the company operated 815 membership warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

Costco Wholesale Corporation

Net Sales

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Net Sales Common Size

Membership Fees

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Membership Fees Common Size

Total Revenue

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Total Revenue Common Size

Merchandise Costs

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Selling, General and Administrative

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Selling, General and Administrative Common Size

Preopening Expenses

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Operating Income

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Operating Income Common Size

Interest Expense

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Interest Expense Common Size

Interest Income and Other, Net

Interest Income and Other, Net %Chg

Interest Income and Other, Net Common Size

Income Before Income Taxes

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Provision for Income Taxes

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Net Income Including Noncontrolling Interests

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Net Income Including Noncontrolling Interests Common Size

Net Income Attributable to Noncontrolling Interests

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Net Income

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Net Income Common Size

Basic

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Diluted

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Total Revenues

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Cost of Sales

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Gross Profit

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Gross Profit Margin

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Selling, General & Administrative Expenses

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Other Operating Expenses

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Operating Profit

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Operating Margin

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Operating Margin Common Size

Interest and Investment Income

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Total Non-Operating Income

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Income Before Provision for Income Taxes

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Consolidated Net Income

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Net Income Attributable to Minority Interests and Other

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Net Income Attributable to Common Shareholders

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Basic EPS

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Diluted EPS

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Basic Weighted Average Shares Outstanding

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Total Shares Outstanding

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Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

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Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Sep '24
Total Revenues	280,391	275,235	268,776	264,086	258,805	254,453
Total Revenues %Chg	8.3%	8.2%	5.9%	6.1%	5.4%	5%
Net Sales
Membership Fees
Cost of Sales	244,287	239,886	234,437	230,614	226,010	222,358
Merchandise Costs
Gross Profit	36,104	35,349	34,339	33,472	32,795	32,095
Gross Profit Margin	12.9%	12.8%	12.8%	12.7%	12.7%	12.6%
Selling, General & Administrative Expenses	25,454	24,966	24,255	23,721	23,298	22,810
Selling, General and Administrative
Other Operating Expenses	—	—	—	—	—	—
Preopening Expenses
Operating Profit	10,650	10,383	10,084	9,751	9,497	9,285
Operating Income
Operating Margin	3.8%	3.8%	3.8%	3.7%	3.7%	3.6%
Interest and Investment Income	597	589	494	537	611	624
Interest Income and Other, Net
Interest Expense	-152	-154	-157	-163	-168	-169
Interest Expense
Total Non-Operating Income	445	435	337	374	443	455
Income Before Provision for Income Taxes	11,095	10,818	10,421	10,125	9,940	9,740
Income Before Income Taxes
Provision for Income Taxes	2,793	2,719	2,578	2,504	2,364	2,373
Provision for Income Taxes
Consolidated Net Income	8,302	8,099	7,843	7,621	7,576	7,367
Net Income Including Noncontrolling Interests
Net Income Attributable to Minority Interests and Other	—	—	—	—	—	—
Net Income Attributable to Noncontrolling Interests
Net Income Attributable to Common Shareholders	8,302	8,099	7,843	7,621	7,576	7,367
Net Income
Basic EPS	18.7	18.2	17.7	17.2	17.1	16.6
Diluted EPS	18.7	18.2	17.6	17.1	17	16.6
Basic Weighted Average Shares Outstanding	444	444	444	444	443.9	443.9
Total Shares Outstanding	443.9	443.2	443.5	443.7	443.9	443.1
Diluted Weighted Average Shares Outstanding	444.7	444.8	444.9	444.9	444.9	444.8
EBITDA	13,125	12,809	12,442	12,073	11,781	11,522
Effective Tax Rate	25.2%	25.1%	24.7%	24.7%	23.8%	24.4%