Costco (COST) Q4 2026 Earnings
Includes a non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds received in the quarter, less partial reinvestment of those refunds in increased member values
How Did COST Stock React to Q4 2026 Earnings?
Did COST Beat Earnings? Q4 2026 Results
Yes. Costco reported Q4 2026 earnings of $6.75 a share on Sep 24, 2026, beating the $6.53 consensus estimate by 3.4%. Revenue was $95.7B against a $94.9B estimate.
Costco Wholesale delivered a broad beat in its fiscal fourth quarter, extending its streak of topping Wall Street estimates to five consecutive quarters as the membership warehouse giant continued to fire on multiple fronts. GAAP earnings per diluted share came in at $6.75 for the 16-week quarter ended August 30, 2026, beating the $6.53 consensus by 3.41%; the figure includes a non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds received in the period, net of partial reinvestment of those refunds in increased member values. Total revenue of $95.72 billion exceeded the $94.85 billion estimate by 0.92% and rose 11.1% year-over-year, powered largely by comparable sales growth of 9.4% on a reported basis and a 19.5% surge in digitally-enabled comparable sales, a channel that received an additional boost from Costco's recent nationwide expansion onto DoorDash. Membership fee income reached $1.85 billion, up 7.3%, as total cardholders climbed to 150.4 million with a worldwide renewal rate of 89.8%, underscoring the durability of the company's membership-driven model.
- Comparable sales growth of 9.4% (6.7% adjusted for gas and FX)
- Comparable traffic increase of 3.3%
- Digitally-enabled comparable sales growth of 19.5%
- Membership fee income growth of 7.3% (7.7% ex-FX)
- E-commerce site and app traffic up 30%
- Non-recurring benefit of $0.15 per diluted share from IEEPA tariff refunds
- Strong executive membership penetration at 75.6% of sales
COST YoY Financials
| Metric | Q4 2026 | Q4 2025 | Year over year |
|---|---|---|---|
| Revenue | $95.7B | $86.2B | +11.1% |
| Gross Profit | $12.2B | $11.1B | +9.7% |
| Operating Income | $3.8B | $3.3B | +13.8% |
| Net Income | $3.0B | $2.6B | +14.9% |
COST Revenue by Segment
When Does Costco Report Next?
Figures from SEC filings and company reports. Not investment advice.