Walmart Inc.

Company facts

Industry

Retail-Variety Stores

Headquarters

Bentonville, Arkansas

Most recent report

8-K, filed Oct 23, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 104169

Fiscal year ends

January

Filer status

Large accelerated filer

What to read: Jul 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 1 positive, 3 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Core financial data with key trends, debt increase, and one-time items.
  Notable

  • Company received $2.9B in tariff refunds recorded as a reduction to cost of sales in Q2 2026.

• Management's Discussion (Item 2)

  Contains full P&L, segment results, liquidity, and significant one-time items with numbers.
  Positive

  • Sam's Club U.S. comparable sales rose 8.6% (Q2) and 7.3% (H1), with fuel contributing 4.2% and 3.2%.
  Notable

  • Annual dividend increased to $0.99 per share (from $0.94), paid quarterly starting April 2026.
  • Board approved a new $30B share repurchase program in February 2026, with $25.1B remaining as of July 31, 2026.
  Negative

  • Free cash flow fell 20% to $5.5B in H1 2026 as capex surged $2.8B to $14.2B for supply chain and store investments.
  • Q2 2026 net loss of $1.2B on investments reversed $2.7B gain, wiping out most of the operating income rise.
  • Working capital deficit widened to $26.9B from $21.5B a year ago, driven by higher short-term borrowings and timing.

What changed: Jul 2026 vs. Apr 2026

About 5% of WMT's Jul 2026 10-Q is new information. 15 paragraphs were added, 118 changed, and 32 removed. Below are the most important lines SECSift identified.

• Item 2 48
• Item 1 31
• Item 5 8
• Item 6 6
• Item 1A 2
• Item 3 1
• Item 4 1