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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Preopening Expenses

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Operating Expense (Income)

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Operating Income

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Interest Expense

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Interest Income and Other, Net

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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 Attributable to Noncontrolling Interests

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Net Income

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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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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

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	Aug '25	Feb '25	Sep '24	Feb '24	Sep '23	Feb '23
Total Revenues	149,361	125,874	138,212	116,241	132,587	109,703
Total Revenues %Chg	8.1%	8.3%	4.2%	6%	6.3%	7.3%
Net Sales
Membership Fees
Cost of Sales	130,033	109,853	120,761	101,597	116,394	96,192
Merchandise Costs
Gross Profit	19,328	16,021	17,451	14,644	16,193	13,511
Gross Profit Margin	12.9%	12.7%	12.6%	12.6%	12.2%	12.3%
Selling, General & Administrative Expenses	13,457	11,509	12,212	10,598	11,733	9,857
Selling, General and Administrative
Other Operating Expenses	—	—	—	—	—	—
Preopening Expenses
Operating Expense (Income)
Operating Profit	5,871	4,512	5,239	4,046	4,460	3,654
Operating Income
Operating Expense (Income)
Operating Margin	3.9%	3.6%	3.8%	3.5%	3.4%	3.3%
Interest and Investment Income	300	289	248	376	366	167
Interest Income and Other, Net
Interest Expense	-81	-73	-90	-79	-92	-68
Interest Expense
Total Non-Operating Income	219	216	158	297	274	99
Income Before Provision for Income Taxes	6,090	4,728	5,397	4,343	4,734	3,753
Income Before Income Taxes
Provision for Income Taxes	1,577	1,142	1,362	1,011	1,272	923
Provision for Income Taxes
Consolidated Net Income	4,513	3,586	4,035	3,332	3,462	2,830
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	4,513	3,586	4,035	3,332	3,462	2,830
Net Income
Basic EPS	10.2	8.1	9.1	7.5	7.8	6.4
Diluted EPS	10.2	8.1	9.1	7.5	7.8	6.4
Basic Weighted Average Shares Outstanding	444	444	444	443.9	443.9	443.9
Total Shares Outstanding	443.2	443.7	443.1	443.5	442.8	443.6
Diluted Weighted Average Shares Outstanding	444.7	444.9	444.9	444.6	444.4	444.5
EBITDA	7,197	5,612	6,461	5,061	5,620	4,571
Effective Tax Rate	25.9%	24.2%	25.2%	23.3%	26.9%	24.6%