$COST

COSTCO WHOLESALE CORP /NEW

CIK:0000909832|SEC Filings

Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Aug. 30, 2026	Aug. 31, 2025	Sep. 01, 2024
REVENUE
Total revenue	$ 303,154	$ 275,235	$ 254,453
OPERATING EXPENSES
Merchandise costs	264,279	239,886	222,358
Selling, general and administrative	27,190	24,966	22,810
Operating income	11,685	10,383	9,285
OTHER INCOME (EXPENSE)
Interest expense	(145)	(154)	(169)
Interest income and other, net	711	589	624
INCOME BEFORE INCOME TAXES	12,251	10,818	9,740
Provision for income taxes	3,025	2,719	2,373
NET INCOME	$ 9,226	$ 8,099	$ 7,367
NET INCOME PER COMMON SHARE:
Basic	$ 20.78	$ 18.24	$ 16.59
Diluted	$ 20.76	$ 18.21	$ 16.56
Shares used in calculation (000's)
Basic	443,953	443,985	443,914
Diluted	444,427	444,803	444,759
Net sales
REVENUE
Total revenue	$ 297,247	$ 269,912	$ 249,625
Membership fees
REVENUE
Total revenue	$ 5,907	$ 5,323	$ 4,828

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Aug. 30, 2026	Aug. 31, 2025	Sep. 01, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME	$ 9,226	$ 8,099	$ 7,367
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization	2,674	2,426	2,237
Non-cash lease expense	318	303	315
Stock-based compensation	924	860	818
Deferred income taxes	306	(108)	(60)
Other Noncash Income (Expense)	49	(9)	51
Changes in operating assets and liabilities:
Merchandise inventories	(1,153)	559	(2,068)
Accounts payable	(2,755)	(404)	(1,938)
Other operating assets and liabilities, net	718	801	741
Net cash provided by operating activities	15,817	13,335	11,339
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property and equipment	(6,435)	(5,498)	(4,710)
Purchases of short-term investments	(788)	(1,028)	(1,470)
Maturities of short-term investments	811	1,141	1,790
Other investing activities, net	34	74	(19)
Net cash used in investing activities	(6,378)	(5,311)	(4,409)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of short-term borrowings	(577)	(862)	(920)
Proceeds from short-term borrowings	553	816	928
Repayments of long-term debt	(69)	(103)	(1,077)
Proceeds from issuance of long-term debt	496	0	498
Tax withholdings on stock-based awards	(361)	(393)	(315)
Repurchases of common stock	(848)	(903)	(700)
Cash dividend payments	(2,458)	(2,183)	(9,041)
Financing lease payments and other financing activities, net	(91)	(147)	(137)
Net cash used in financing activities	(3,355)	(3,775)	(10,764)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(38)	6	40
Net change in cash and cash equivalents	6,046	4,255	(3,794)
CASH AND CASH EQUIVALENTS BEGINNING OF YEAR	14,161	9,906	13,700
CASH AND CASH EQUIVALENTS END OF YEAR	20,207	14,161	9,906
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	103	106	129
Income taxes paid, net	2,839	2,917	2,319
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:
Capital expenditures included in liabilities	$ 220	$ 193	$ 203