Costco Wholesale Corporation (COST)
The company now
Costco reported on 24 September 2026 that net sales for its fiscal year rose 10.1 percent to $297.2 billion, and net income rose to $9.226 billion from $8.099 billion 2. Comparable sales, the sales of warehouses open more than a year, rose 8.4 percent, or 6.6 percent leaving out gasoline prices and currencies 2. Sales started on a phone or a computer rose 20.9 percent 2.
The annual report credits a 5 percent rise in the average ticket, what a member spends on a trip, and 3 percent more trips 1. Membership fees rose 11 percent to $5.9 billion, from new members, the 2024 fee increase and upgrades to the Executive card 1. Those fees equal about half of the year's $11.7 billion operating income, the profit from running the business 1.
The year also carried tariff refunds, after the U.S. Supreme Court ruled in February 2026 that the IEEPA tariffs were unlawful 1. Costco received $184 million during the year and $155 million more after it ended, and it intends to put most of the money into member value 1. Chief executive Ron Vachris said the price cuts reached produce, meat, beverages and some home furnishings and hardware 16.
The open question is the rest of those refunds, and who keeps them: four class actions filed in March 2026 ask for tariff money passed on to members 1. A Washington state court denied Costco's motion to dismiss one of them on 17 July 2026 1.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.