Walmart Inc.: Walmart is a public U.S. retailer headquartered in Bentonville, Arkansas. FY2026 revenue was $713.2B, net income attributable to Walmart was $21.9B, and John Furner is CEO.
Walmart Inc.: Key Facts
| Company Name | Walmart Inc. |
|---|---|
| Founded | 1962 |
| Founder(s) | Sam Walton |
| Headquarters | Bentonville, Arkansas |
| Industry | Retail, Ecommerce, Grocery, and Marketplace |
| CEO | John Furner |
| Employees | about 2.1 million |
| Revenue | $713.2B in FY2026 |
| Net Income | $21.9B |
| Status | Public |
| Stock Symbol | WMT (Nasdaq Global Select Market) |
| Website | https://corporate.walmart.com/ |
Walmart is still the world scale retailer by revenue, but the leadership line changed in 2026: John Furner succeeded Doug McMillon as President and CEO on February 1, 2026. The company reported $713.2 billion in FY2026 total revenues, $21.9 billion in net income attributable to Walmart, more than 10,900 stores and websites in 19 countries, and about 2.1 million associates worldwide.
What Is the History of Walmart Inc.?
Walmart began in 1962 when Sam Walton opened a discount store in Rogers, Arkansas.
The company scaled through everyday low prices, rural and suburban market density, distribution centers, cross-docking, supercenters, and supplier discipline.
The modern Walmart story is about adding marketplace, advertising, membership, automation, and digital fulfillment onto a store and grocery base that already reaches hundreds of millions of shoppers each week.
How Does Walmart Make Money?
Walmart earns most revenue from groceries, consumables, general merchandise, pharmacy, fuel, and ecommerce across stores, clubs, and digital channels.
The profit story is increasingly shaped by higher-margin advertising, membership, marketplace seller fees, fulfillment services, and data-driven retail media.
Walmart Revenue and Financials
Walmart reported FY2026 total revenues of $713.163 billion, up from $680.985 billion in FY2025 and $648.125 billion in FY2024. Net income attributable to Walmart was $21.893 billion in FY2026, showing how enormous absolute earnings can coexist with thin retail margins.
Walmart Strategy
Walmart strategy centers on value-led grocery traffic, marketplace growth, Walmart Connect advertising, Sam's Club momentum, automation, same-day fulfillment, international platforms, and keeping everyday-low-price trust intact while adding higher-margin services.
Walmart future growth is likely to come less from building new U.S. supercenters and more from extracting more value from the existing network: marketplace assortment, retail media, Walmart+ frequency, automation, international digital platforms, and faster local fulfillment.
Walmart Timeline
Sam Walton opens the first Walmart Discount City in Rogers, Arkansas. [source]
Walmart completes its IPO, giving the company capital for expansion. [source]
Walmart launches the membership warehouse format. [source]
Walmart combines grocery and general merchandise in the supercenter format. [source]
Walmart acquires a major stake in Flipkart, expanding its India digital-commerce exposure. [source]
John Furner succeeds Doug McMillon as Walmart President and CEO effective February 1, 2026. [source]
Walmart reports FY2026 total revenues of $713.163B and about 2.1M associates worldwide. [source]
