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COSTCO WHOLESALE CORP /NEW (COST)

SEC filings, insider trading & institutional ownership from EDGAR.

NasdaqConsumer DiscretionaryBroadline Retail

Costco Wholesale Corporation, founded in 1983 and headquartered in Issaquah, Washington, operates membership warehouse clubs and e-commerce websites across the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. As of fiscal year-end September 3, 2023, the company operated 861 warehouses worldwide and generated net sales of $237.71 billion, an increase of 7% over the prior year, driven by a 3% rise in comparable sales, new warehouse openings, and one extra sales week due to its 53-week fiscal year. Membership fee revenue rose 8% to $4.58 billion, supported by new sign-ups and Executive membership upgrades; the company ended the year with 71 million paid members and 127.9 million total cardholders, with a worldwide renewal rate of 90.4%.

Costco's business model centers on offering a limited selection (fewer than 4,000 SKUs per warehouse) of nationally branded and private-label merchandise—including its Kirkland Signature brand—at low prices, enabled by high sales volume, rapid inventory turnover, and efficient distribution through cross-docking depots. Revenue categories include core merchandise (foods and sundries, non-foods, fresh foods), warehouse ancillary services (gasoline, pharmacy, optical, food court, hearing aids, tire installation), and other businesses (e-commerce, business centers, travel). Gasoline sales represented about 13% of net sales, while e-commerce contributed roughly 6%.

Net income for fiscal 2023 increased 8% to $6.29 billion, or $14.16 per diluted share, with gross margin percentage rising slightly due to a smaller LIFO charge, partially offset by $391 million in charges related to discontinuing charter shipping activities; SG&A expenses as a percentage of sales rose 20 basis points due to wage increases and softer sales growth. The effective tax rate was 25.9%. The company employed 316,000 workers globally, with about 95% in warehouse and distribution roles and a 90% one-year retention rate in the U.S.; it raised entry-level wages to at least $18.50 per hour in September 2023.

In 2023, Costco opened 26 new warehouses (13 net new in the U.S. and 10 in Other International markets), authorized a new $4 billion share repurchase program, and approved a 13% increase in its quarterly dividend. The company faces intense competition from Walmart, Target, Kroger, Amazon, Sam’s Club, and BJ’s Wholesale Club, and continues to emphasize its "pricing authority" strategy, private-label expansion, and employee-focused compensation philosophy as key drivers of long-term profitability. Common stock trades on the NASDAQ Global Select Market under the ticker "COST," with approximately 442.7 million shares outstanding as of October 3, 2023, and a non-affiliate market value of about $221.35 billion as of February 12, 2023.

AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.

RevenueFY2026
$303.15B
▲ 10.1%YoY
Net incomeFY2026
$9.23B
▲ 13.9%YoY
Diluted EPSFY2026
$20.76
▲ 14.0%YoY
Gross margin
12.8%
▼ 2 bpsYoY
Insider net6 mo
+9.4K
shares4 sells0 buys
Institutions
46
$204.21B held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
$100B$200B$300B$400B
FY2023FY2024FY2025FY2026
RevenueNet income
FY2026 highlightsfrom 10-K
Gross profit$38.88B
Operating income$11.69B
Diluted EPS$20.76
Gross margin12.8%
Net margin3.0%

Revenue by region

FY2026 geographic segments • from the 10-K

$303BTOTAL FY2026
Americas$260.38B85.9%▲ 9.9%
Rest of World$42.77B14.1%▲ 11.8%
14.1% of FY2026 disclosed regional revenue earned outside Americas • YoY vs FY2025

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiled
4Wilcox William RichardOct 15, 2026
8-KOct 15, 2026
10-KOct 7, 2026
4Frates CatonSep 30, 2026
4Adamo ClaudineSep 30, 2026
8-KSep 24, 2026

Insider trading

From Form 4 filings

All →
InsiderDateType
Wilcox William RichardOct 13, 2026Sell
Adamo ClaudineSep 29, 2026Sell
Frates CatonSep 29, 2026Sell
Adamo ClaudineSep 10, 2026Tax withholding
Adamo ClaudineSep 10, 2026Grant / award

Top holders

13F & 13D/G • latest quarter

All →
HolderStakeFiledValue
BlackRock, Inc.7.7%Aug 7, 2026$32B
Vanguard Capital Management6.5%Aug 13, 2026$27.11B
STATE STREET CORPORATION4.1%Sep 22, 2026$17.2B
Invesco Ltd.3.2%Aug 14, 2026$13.09B
GEODE CAPITAL MANAGEMENT, LLC2.4%Aug 12, 2026$9.9B

Executive pay and the vote

From the FY2025 proxy statement (DEF 14A), filed Dec 4, 2025, and the annual meeting’s vote

Full governance view →
CEO total pay
$13.9M
• FY2025
Actually paid
$15.6M
SEC “compensation actually paid”
Say-on-pay
88.0%
of votes cast • 8-K filed Jan 21, 2026
TSR on $100
$293.59
peers $173.48 • since FY2021
What the company says drives pay
Net Sales Adjusted for Changes in Foreign CurrenciesIncome Before Income Taxes Adjusted for Changes in Foreign Currencies

Figures come from the company’s proxy statement, and the vote count from its 8-K.

The full pay and vote breakdown is free with an account

The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.

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AI summary

Latest 10-K takeaways

filed Oct 7, 2026

The MD&A reports strong, broad-based growth in net sales (+10%), membership fees (+11%), and net income (+14%), supported by solid liquidity and a larger planned capex and warehouse expansion. The tone is factual and mostly retrospective, with moderate caveats on tariffs, competition, low margins, and cost pressures. Automated screens found no red flags in this filing.

Written by Scrutar's AI from COST's SEC filings. Check anything you rely on against the filing. Not investment advice.

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Peers identified from COST's own SEC filings.

Data as of Oct 16, 2026Source: SEC EDGAR.