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Costco Wholesale Corp. (NASDAQ:COST)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Costco Wholesale Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Aug 30, 2026 Aug 31, 2025 Sep 1, 2024 Sep 3, 2023 Aug 28, 2022 Aug 29, 2021
Food and sundries 116,788 109,564 101,463 96,175 85,629 77,277
Non-foods 77,375 71,190 63,973 60,865 61,100 55,966
Fresh foods 41,715 37,988 34,220 31,977 29,527 27,183
Warehouse ancillary and other businesses 61,369 51,170 49,969 48,693 46,474 31,626
Net sales 297,247 269,912 249,625 237,710 222,730 192,052

Based on: 10-K (reporting date: 2026-08-30), 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29).


Net sales demonstrate a consistent upward trajectory from August 2021 through August 2026, increasing from US$ 192,052 million to US$ 297,247 million. This progression indicates a steady expansion in overall market reach and sustained consumer demand across all primary business segments.

Core Food Revenue Streams
Food and sundries serve as the primary revenue driver, exhibiting continuous growth from US$ 77,277 million in 2021 to US$ 116,788 million by 2026. Parallel to this, fresh foods show a stable and linear increase, rising from US$ 27,183 million to US$ 41,715 million over the period, suggesting a reliable growth pattern in perishable goods.
Diversified Revenue Segments
Non-foods revenue displays a general upward trend, reaching US$ 77,375 million by 2026, despite a marginal contraction observed between 2022 and 2023. Warehouse ancillary and other businesses recorded the most significant relative growth, jumping from US$ 31,626 million in 2021 to US$ 46,474 million in 2022, and continuing an upward climb to US$ 61,369 million by 2026.

The overall revenue composition remains heavily weighted toward food-related categories, which continue to expand synchronously. The acceleration in total net sales toward the end of the analyzed period is supported by broad-based growth, with the ancillary business segment providing a substantial boost to the total revenue base compared to the 2021 baseline.

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