COST Stock - Costco Wholesale Corporation
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $275.24B | $254.45B | $242.29B | $226.95B | $195.93B |
| Gross Profit | $35.35B | $32.09B | $29.70B | $27.57B | $25.25B |
| Gross Margin | 12.8% | 12.6% | 12.3% | 12.1% | 12.9% |
| Operating Income | $10.38B | $9.29B | $8.11B | $7.79B | $6.71B |
| Net Income | $8.10B | $7.37B | $6.29B | $5.84B | $5.01B |
| Net Margin | 2.9% | 2.9% | 2.6% | 2.6% | 2.6% |
| EPS | $18.24 | $16.60 | $14.18 | $13.17 | $11.30 |
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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 15th 2025 | Roth Capital | Downgrade | Sell | $769 |
| November 3rd 2025 | Oppenheimer | Reiterated | Outperform | $1050← $1130 |
| October 15th 2025 | BTIG Research | Initiation | Buy | $1115 |
| September 18th 2025 | Wolfe Research | Resumed | Peer Perform | - |
| August 5th 2025 | Erste Group | Downgrade | Hold | - |
| April 11th 2025 | Mizuho | Initiation | Neutral | $975 |
| December 5th 2024 | Telsey Advisory Group | Reiterated | Outperform | $1050← $1000 |
| October 22nd 2024 | Bernstein | Initiation | Outperform | $1016 |
| October 10th 2024 | Oppenheimer | Reiterated | Outperform | $980← $955 |
| September 27th 2024 | Telsey Advisory Group | Reiterated | Outperform | $1000← $925 |
| September 24th 2024 | Truist | Downgrade | Hold | $873 |
| September 10th 2024 | Redburn Atlantic | Downgrade | Neutral | $890← $860 |
| September 9th 2024 | Morgan Stanley | Reiterated | Overweight | $950← $855 |
| August 8th 2024 | Gordon Haskett | Upgrade | Buy | $925 |
| July 11th 2024 | Telsey Advisory Group | Reiterated | Outperform | $925← $900 |
Earnings History & Surprises
COSTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 27, 2026 | — | — | — | — |
Q1 2026 | Mar 5, 2026 | $4.49 | — | — | — |
Q4 2025 | Dec 11, 2025 | $4.27 | $4.34 | +1.6% | ✓ BEAT |
Q3 2025 | Sep 25, 2025 | $5.80 | $5.87 | +1.2% | ✓ BEAT |
Q2 2025 | May 29, 2025 | $4.24 | $4.28 | +0.9% | ✓ BEAT |
Q1 2025 | Mar 6, 2025 | $4.09 | $4.02 | -1.7% | ✗ MISS |
Q4 2024 | Dec 12, 2024 | $3.79 | $3.82 | +0.8% | ✓ BEAT |
Q3 2024 | Sep 26, 2024 | $5.08 | $5.29 | +4.1% | ✓ BEAT |
Q2 2024 | May 30, 2024 | $3.70 | $3.78 | +2.2% | ✓ BEAT |
Q1 2024 | Mar 7, 2024 | $3.62 | $3.92 | +8.3% | ✓ BEAT |
Q4 2023 | Dec 14, 2023 | $3.42 | $3.58 | +4.7% | ✓ BEAT |
Q3 2023 | Sep 26, 2023 | $4.79 | $4.86 | +1.5% | ✓ BEAT |
Q2 2023 | May 25, 2023 | $3.29 | $2.93 | -10.9% | ✗ MISS |
Q1 2023 | Mar 2, 2023 | $3.21 | $3.30 | +2.8% | ✓ BEAT |
Q4 2022 | Dec 8, 2022 | $3.11 | $3.10 | -0.3% | ✗ MISS |
Q3 2022 | Sep 22, 2022 | $4.17 | $4.20 | +0.7% | ✓ BEAT |
Q2 2022 | May 26, 2022 | $3.03 | $3.17 | +4.6% | ✓ BEAT |
Q1 2022 | Mar 3, 2022 | $2.74 | $2.92 | +6.6% | ✓ BEAT |
Q4 2021 | Dec 9, 2021 | $2.64 | $2.98 | +12.9% | ✓ BEAT |
Q3 2021 | Sep 23, 2021 | $3.57 | $3.90 | +9.2% | ✓ BEAT |
Latest News
Wells Fargo Maintains Equal-Weight on Costco Wholesale, Lowers Price Target to $900
➖ NeutralAnalyst takes ‘contrarian stance' on Costco's stock and says it's time to sell
📉 NegativeCostco Wholesale shares are trading lower after Roth Capital downgraded the stock from Neutral to Sell and lowered its price target from $906 to $769.
📉 NegativeRoth Capital Downgrades Costco Wholesale to Sell, Lowers Price Target to $769
📉 NegativeJP Morgan Maintains Overweight on Costco Wholesale, Raises Price Target to $1027
📈 PositiveGoldman Sachs Maintains Buy on Costco Wholesale, Lowers Price Target to $1171
📈 PositiveBaird Maintains Outperform on Costco Wholesale, Lowers Price Target to $1000
📈 PositiveBernstein Maintains Outperform on Costco Wholesale, Raises Price Target to $1146
📈 PositiveTelsey Advisory Group Maintains Outperform on Costco Wholesale, Maintains $1100 Price Target
📈 PositiveUPDATE: Costco Wholesale Q1 Adj. EPS $4.34 Beats $4.27 Estimate.
📈 PositiveCostco Q1 comparable Sales Increased 6.4%
📈 PositiveCostco Wholesale Q1 EPS $4.50 Beats $4.27 Estimate, Sales $67.307B Beat $67.137B Estimate
📈 PositiveDA Davidson Maintains Neutral on Costco Wholesale, Maintains $1000 Price Target
➖ NeutralCostco's stock has turned negative for the year
📉 NegativeCostco Wholesale shares are trading lower after Treasury Secretary Bessent questioned what refund could apply to the company if foreign suppliers had already reduced pre-tariff prices and that price cuts complicate efforts to calculate reimbursements. The stock may be sliding in response to Kroger's Q3 sales miss.
📉 NegativeTelsey Advisory Group Maintains Outperform on Costco Wholesale, Maintains $1100 Price Target
📈 PositiveCostco Wholesale Reports Net Sales Of $23.64B For The Retail Month Of November, The Four Weeks Ended November 30, 2025, An Increase Of 8.1% From $21.87B Last Year
📈 Positive'Costco Joins Companies Suing for Refunds If Trump's Tariffs Fall' - Bloomberg
➖ NeutralTelsey Advisory Group Maintains Outperform on Costco Wholesale, Maintains $1100 Price Target
📈 PositiveShares of grocery-related stocks are trading higher ahead of the Thanksgiving holiday.
📈 PositiveFrequently Asked Questions about COST
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