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Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2026 Operating Results

Costco Wholesale Corporation reported fiscal fourth-quarter and full-year 2026 operating results that surpassed Wall Street projections. The warehouse club posted revenue of $95.7 billion for the quarter, driven by a massive surge in e-commerce and digital sales, alongside higher membership fee growth and fresh-food comparable sales. Quarterly earnings reached $6.75 per share, representing a 15% increase for the 16-week period, aided by tariff refunds. Fiscal-year earnings per share reached $20.76. Despite beating consensus sales and profit expectations, Costco stock traded flat following the report, closing at USD 896.48 on September 24, 2026.

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  • ✓ Costco Wholesale Corporation reported revenue of $95.7 billion for the fourth quarter.
  • ✓ Quarterly earnings reached $6.75 per share, up 15 percent from the prior period.
  • ✓ Fiscal-year earnings per share reached USD 20.76.
  • ✓ Costco stock closed at USD 896.48 on September 24, 2026.
🛡️ Source Corroboration: 13 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Costco released its fiscal fourth-quarter and full-year 2026 operating results, beating Wall Street earnings and revenue estimates.

Live updates

  1. Costco Beats Q4 Estimates on Digital Surge and Tariff Refunds

    Costco Wholesale Corporation reported fiscal fourth-quarter and full-year 2026 operating results that surpassed Wall Street projections. The warehouse club posted revenue of $95.7 billion for the quarter, driven by a massive surge in e-commerce and digital sales, alongside higher membership fee growth and fresh-food comparable sales. Quarterly earnings reached $6.75 per share, representing a 15% increase for the 16-week period, aided by tariff refunds. Fiscal-year earnings per share reached $20.76. Despite beating consensus sales and profit expectations, Costco stock traded flat following the report, closing at USD 896.48 on September 24, 2026.

    Why it matters

    The quarterly performance highlights Costco's ongoing ability to defy broader retail and grocery trends through robust customer loyalty and steady membership fee revenues. Strong performance in fresh-food categories and digital operations helped cushion the retailer against market fluctuations. Analysts closely monitor these metrics to gauge consumer spending health and the retailer's capacity to maintain margins amid changing economic conditions.

    What is confirmed

    • Costco Wholesale Corporation reported revenue of $95.7 billion for the fourth quarter.
    • Quarterly earnings reached $6.75 per share, up 15 percent from the prior period.
    • Fiscal-year earnings per share reached USD 20.76.
    • Costco stock closed at USD 896.48 on September 24, 2026.
    • The fourth-quarter results were boosted by tariff refunds, higher membership fee growth, and a surge in digital sales.

    What to watch next

    • Monitor how sustained digital sales growth impacts Costco profit margins in upcoming quarters.
    • Track future membership fee revenue adjustments.
    Sources used for this update (14)
    1. investor.costco.com — Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2026 Operating Results
    2. Yahoo Finance — Costco tops Q4 estimates: Revenue hits $95.7B on massive e-commerce surge
    3. Barron's — Costco Wholesale Beats Estimates. Its Stock Is Flat.
    4. Bloomberg.com — Costco Posts Strong Quarterly Profit on Tariff Refunds
    5. Seeking Alpha — Costco beats sales and profit expectations as comparable sales continue to surge (COST:NASDAQ)
    6. WSJ — Costco Reports Higher Fourth-Quarter Profit as Sales, Membership Fees Rise
    7. Yahoo Finance — Costco (NASDAQ:COST) Posts Better-Than-Expected Sales In Q3 CY2026
    8. MarketWatch — Costco earnings beat expectations, thanks to tariff refunds
    9. www.verticalfarmdaily.com — Aldi and Deliveroo set to launch on-demand grocery delivery
    10. finance.yahoo.com — Costco Q4 2026 earnings beat expectations on tariff refund
    11. finance.yahoo.com — Costco tops Wall Street estimates as digital sales surge
    12. www.ad-hoc-news.de — Costco Wholesale stock reports 11.2 percent sales growth
    confidence 100%
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