COST

COSTCO WHOLESALE CORP /NEWConsumer

10-K for period ending 2025-08-31filed 2025-10-08accession 0000909832-25-000101filing on sec.gov ↗

answer key

field	SEC value	XBRL concept	printed on
Total revenue	$275.2B	RevenueFromContractWithCustomerExcludingAssessedTax	Total revenue
Operating income	$10.4B	OperatingIncomeLoss	Operating income
Net income attributable to the company	$8.1B	NetIncomeLoss	NET INCOME
Diluted EPS	$18.21	EarningsPerShareDiluted	Diluted
Cash and cash equivalents	$14.2B	CashAndCashEquivalentsAtCarryingValue	Cash and cash equivalents
Total assets	$77.1B	Assets	TOTAL ASSETS · TOTAL LIABILITIES AND EQUITY
Total liabilities	$47.9B	Liabilities	TOTAL LIABILITIES
Total shareholders' equity attributable to the company	$29.2B	StockholdersEquity	TOTAL EQUITY
Net cash from operating activities	$13.3B	NetCashProvidedByUsedInOperatingActivities	Net cash provided by operating activities
Net cash from investing activities	-$5.3B	NetCashProvidedByUsedInInvestingActivities	Net cash used in investing activities
Net cash from financing activities	-$3.8B	NetCashProvidedByUsedInFinancingActivities	Net cash used in financing activities

Income statement

table #21 · score 48.8 vs 17.8 runner-up · in millions

52 Weeks Ended	52 Weeks Ended	53 Weeks Ended
August 31,2025	September 1,2024	September 3,2023
REVENUE
Net sales	269,912	249,625	237,710
Membership fees	5,323	4,828	4,580
Total revenue	275,235	254,453	242,290
OPERATING EXPENSES
Merchandise costs	239,886	222,358	212,586
Selling, general and administrative	24,966	22,810	21,590
Operating income	10,383	9,285	8,114
OTHER INCOME (EXPENSE)
Interest expense	(154)	(169)	(160)
Interest income and other, net	589	624	533
INCOME BEFORE INCOME TAXES	10,818	9,740	8,487
Provision for income taxes	2,719	2,373	2,195
NET INCOME	8,099	7,367	6,292
NET INCOME PER COMMON SHARE:
Basic	18.24	16.59	14.18
Diluted	18.21	16.56	14.16
Shares used in calculation (000’s)
Basic	443,985	443,914	443,854
Diluted	444,803	444,759	444,452

Balance sheet

table #23 · score 51.5 vs 7.8 runner-up · in millions

August 31,2025	September 1,2024
ASSETS
CURRENT ASSETS
Cash and cash equivalents	14,161	9,906
Short-term investments	1,123	1,238
Receivables, net	3,203	2,721
Merchandise inventories	18,116	18,647
Other current assets	1,777	1,734
Total current assets	38,380	34,246
OTHER ASSETS
Property and equipment, net	31,909	29,032
Operating lease right-of-use assets	2,725	2,617
Other long-term assets	4,085	3,936
TOTAL ASSETS	77,099	69,831
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable	19,783	19,421
Accrued salaries and benefits	5,205	4,794
Accrued member rewards	2,677	2,435
Deferred membership fees	2,854	2,501
Other current liabilities	6,589	6,313
Total current liabilities	37,108	35,464
OTHER LIABILITIES
Long-term debt, excluding current portion	5,713	5,794
Long-term operating lease liabilities	2,460	2,375
Other long-term liabilities	2,654	2,576
TOTAL LIABILITIES	47,935	46,209
COMMITMENTS AND CONTINGENCIES
EQUITY
Preferred stock $0.005 par value; 100,000,000 shares authorized; no shares issued and outstanding	-	-
Common stock $0.005 par value; 900,000,000 shares authorized; 443,237,000 and 443,126,000 shares issued and outstanding	2	2
Additional paid-in capital	8,282	7,829
Accumulated other comprehensive loss	(1,770)	(1,828)
Retained earnings	22,650	17,619
TOTAL EQUITY	29,164	23,622
TOTAL LIABILITIES AND EQUITY	77,099	69,831

Cash flow statement

table #25 · score 52.8 vs 6.5 runner-up · in millions

52 Weeks Ended	52 Weeks Ended	53 Weeks Ended
August 31,2025	September 1,2024	September 3,2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	8,099	7,367	6,292
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	2,426	2,237	2,077
Non-cash lease expense	303	315	412
Stock-based compensation	860	818	774
Impairment of assets and other non-cash operating activities, net	(117)	(9)	495
Changes in operating assets and liabilities:
Merchandise inventories	559	(2,068)	1,228
Accounts payable	404	1,938	(382)
Other operating assets and liabilities, net	801	741	172
Net cash provided by operating activities	13,335	11,339	11,068
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property and equipment	(5,498)	(4,710)	(4,323)
Purchases of short-term investments	(1,028)	(1,470)	(1,622)
Maturities of short-term investments	1,141	1,790	937
Other investing activities, net	74	(19)	36
Net cash used in investing activities	(5,311)	(4,409)	(4,972)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of short-term borrowings	(862)	(920)	(935)
Proceeds from short-term borrowings	816	928	917
Repayments of long-term debt	(103)	(1,077)	(75)
Proceeds from issuance of long-term debt	-	498	-
Tax withholdings on stock-based awards	(393)	(315)	(303)
Repurchases of common stock	(903)	(700)	(676)
Cash dividend payments	(2,183)	(9,041)	(1,251)
Financing lease payments and other financing activities, net	(147)	(137)	(291)
Net cash used in financing activities	(3,775)	(10,764)	(2,614)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	6	40	15
Net change in cash and cash equivalents	4,255	(3,794)	3,497
CASH AND CASH EQUIVALENTS BEGINNING OF YEAR	9,906	13,700	10,203
CASH AND CASH EQUIVALENTS END OF YEAR	14,161	9,906	13,700
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
Interest	106	129	125
Income taxes, net	2,917	2,319	2,234
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:
Cash dividend declared, but not yet paid	-	-	452
Capital expenditures included in liabilities	193	203	170