Q3 26 EPS
$4.93
BEAT +0.14%
Est. $4.92
Q3 26 Revenue
$70.53B
BEAT +1.21%
Est. $69.68B
vs S&P Since Q3 26
-3.8%
TRAILING MARKET
COST -5.9% vs S&P -2.0%
Market Reaction
Did COST Beat Earnings? Q3 2026 Results
Costco Wholesale posted a solid fiscal third quarter for 2026, delivering earnings and revenue that edged past Wall Street expectations as the membership warehouse giant continued to demonstrate the durability of its model. The company earned $4.93 p… Read more Costco Wholesale posted a solid fiscal third quarter for 2026, delivering earnings and revenue that edged past Wall Street expectations as the membership warehouse giant continued to demonstrate the durability of its model. The company earned $4.93 per diluted share, a hair above the $4.92 consensus estimate, while revenue climbed 11.6% year-over-year to $70.53 billion, topping the $69.64 billion analysts had forecast. Net income rose 15.2% to $2.19 billion, with net sales of $69.15 billion complemented by $1.37 billion in membership fees, the latter growing 10.7% and reflecting a worldwide renewal rate of 89.7%. The primary engine behind the quarter's strength was comparable sales growth of 9.8% on a reported basis, driven in part by a 21.5% surge in digitally-enabled comparable sales and a 37% jump in e-commerce traffic. With analysts having raised price targets ahead of the print and institutional ownership continuing to build, sentiment around the stock remains broadly constructive heading into the back half of fiscal 2026.
Key Takeaways
- • Comparable sales growth of 9.8% (6.6% adjusted for gas and FX)
- • Comparable traffic growth of 2.4%
- • Digitally-enabled comparable sales growth of 21.5% (20.8% adjusted for FX)
- • Membership fee income growth of 10.7%
- • E-commerce site and app traffic up 37%
- • Executive membership penetration at 75.0% of net sales
- • Strong digital growth in pharmacy, gold & jewelry, home furnishings, tires, housewares, and majors
COST YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
COST Revenue by Segment
With YoY comparisons, source: SEC Filings
COST Earnings Trends
COST vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
COST EPS Trend
Earnings per share: estimate vs actual
COST Revenue Trend
Quarterly revenue: estimate vs actual
COST Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 BEAT | $4.92 | $4.93 | +0.14% | $70.53B | +1.21% |
| Q2 26 BEAT | $4.54 | $4.58 | +0.78% | $69.60B | +0.40% |
| Q1 26 BEAT | $4.28 | $4.50 | +5.19% | $67.31B | +0.29% |
| Q4 25 BEAT FY | $5.81 | $5.87 | +1.11% | $86.16B | +0.12% |
| FY Full Year | $18.14 | $18.21 | +0.37% | $275.24B | +0.09% |
| Q3 25 BEAT | $4.23 | $4.28 | +1.24% | $63.21B | +0.17% |
| Q2 25 MISS | $4.11 | $4.02 | -2.13% | $63.72B | +1.02% |