Costco Wholesale Corporation Q4 FY2026 Earnings Results vs. Expectations
ReportsSep 24, 2026
SlotAfter Market Close
Results are out
This quarter has reported. The consensus below is what we expected going in.
What the Street expects
EPS · ADJUSTED
$6.48
consensus · see the release
QoQ+31.4%
YoY+10.4%
Revenue
$94.85B
consensus · see the release
QoQ+34.5%
YoY+10.1%
QoQ and YoY are what the consensus implies against the prior quarter and the prior year.
Also on the card
Consensus basis
Excludes one-offs; Costco reports GAAP only. The feed's actual of $6.60 is GAAP $6.75 less the $0.15 per share IEEPA tariff-refund benefit Costco itself called non-recurring
GAAP diluted EPS
$6.75, +15.0% on $5.87; +12.4% excluding the tariff-refund benefit, per Costco
Quarter length
16 weeks against 12 in Q3, so the sequential moves compare unequal periods
Consensus source
Nasdaq/Zacks EPS $6.48 (reported $6.60); revenue $94.85B press-reported (24/7 Wall St., 24 September 2026, which quoted EPS at $6.53)
Estimate against reported
Our published estimate
Reported EPS
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| FY2025 Q1 | — | $4.04 | — |
| FY2025 Q2 | — | $4.02 | — |
| FY2025 Q3 | — | $4.28 | — |
| FY2025 Q4 | — | $5.87 | — |
| FY2026 Q1 | — | $4.50 | — |
| FY2026 Q2 | — | $4.58 | — |
| FY2026 Q3 | — | $4.93 | — |
| FY2026 Q4 | $6.48 | $6.60 | +2% |
Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.