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COSTCO WHOLESALE CORP /NEW (COST)

SEC filings, insider trading & institutional ownership from EDGAR.

NasdaqConsumer DiscretionaryBroadline Retail

Costco Wholesale Corporation began operations in 1983 in Seattle, Washington, and is principally engaged in operating membership warehouses. At August 30, 2026 it operated 939 warehouses in the U.S. and Puerto Rico, Canada, Mexico, Japan, the U.K., Korea, Australia, Taiwan, China, Spain, France, Sweden, Iceland, and New Zealand, along with e-commerce sites in nine countries. Its model is to offer low prices on a limited selection of nationally branded and private-label products. The aim is high sales volumes and rapid inventory turnover, which let it operate profitably at significantly lower gross margins than most other retailers. Its stock trades on the NASDAQ Global Select Market under the symbol "COST."

The company sells merchandise and services in three groups. Core merchandise covers Foods and Sundries, Non-Foods, and Fresh Foods. Warehouse Ancillary covers gasoline, pharmacy, food court, optical, hearing aids, and tire installation. Other businesses include e-commerce, business centers, and Costco Travel. Each warehouse carries fewer than 4,000 active SKUs, and online offerings average 9,000 to 11,000 SKUs. The private-label brand Kirkland Signature is a key part of the offering. The company operated 774 gas stations, and gasoline was 11% of total net sales in 2026. Digitally-enabled sales and Costco Travel together were 11% of net sales. Segments are the United States, Canada, and Other International.

Costco sells to members, who may use their memberships at all warehouses and e-commerce sites. The annual fee is $65 in the U.S. Paid members can upgrade to Executive membership, which generally earns a 2% reward on qualified purchases. Executive members accounted for about 75.2% of worldwide net sales in 2026. The renewal rate was 92.3% in the U.S. and Canada and 89.8% worldwide. Business centers serve food service, convenience store, and office customers. Sales are seasonally higher during the winter holiday season. The company employed about 355,000 people at the end of 2026, roughly 95% of them in warehouses and distribution, and about 5% are represented by unions.

Costco buys most merchandise directly from suppliers and routes it through cross-docking depots or directly to warehouses. E-commerce orders ship through depots and logistics operations, as well as through supplier drop-ship arrangements. No single supplier provides a significant portion of merchandise. The company also buys and manufactures private-label goods, and it is diversifying its supply chain and expanding in-country production. The average warehouse is about 148,000 square feet and is a no-frills, self-service facility. Competitors include Walmart, Target, Kroger, and Amazon, as well as other warehouse clubs such as Sam's Club and BJ's Wholesale Club. The company is headquartered at 999 Lake Drive, Issaquah, Washington.

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
+28.0K
shares4 sells0 buys
Institutions
63
$209.63B 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%

Latest filings

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

All filings →
FormFiled
4Sullivan John ChristopherOct 27, 2026
4Self Adam WebbOct 27, 2026
4POLIT JAVIEROct 27, 2026
4MILLERCHIP GARYOct 27, 2026

Insider trading

From Form 4 filings

All →
InsiderDateType
Adamo ClaudineOct 22, 2026Tax withholding
Barbre Tiffany MarieOct 22, 2026Tax withholding
Barbre Tiffany MarieOct 22, 2026Grant / award
DECKER SUSAN LOct 22, 2026Grant / award
DENMAN KENNETH DOct 22, 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%Nov 6, 2026$9.76B

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 Nov 8, 2026Source: SEC EDGAR.