Company: COST
Filing Date: 2025-10-08
Form Type: 10-K
Source: 0000909832-25-000101
Chunk: 4

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-10-08
Form: 10-K
Item: Item 8
Chunk 4
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222,358 212,586 Selling, general and administrative24,966 22,810 21,590 Operating income10,383 9,285 8,114 OTHER INCOME (EXPENSE)Interest expense(154)(169)(160)Interest income and other, net589 624 533 INCOME BEFORE INCOME TAXES10,818 9,740 8,487 Provision for income taxes2,719 2,373 2,195 NET INCOME$8,099 $7,367 $6,292 NET INCOME PER COMMON SHARE:Basic$18.24 $16.59 $14.18 Diluted$18.21 $16.56 $14.16 Shares used in calculation (000’s)Basic443,985 443,914 443,854 Diluted444,803 444,759 444,452 

The accompanying notes are an integral part of these consolidated financial statements.37

COSTCO WHOLESALE CORPORATION

 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(amounts in millions)

 52 Weeks Ended52 Weeks Ended53 Weeks Ended August 31,2025September 1,2024September 3,2023NET INCOME$8,099 $7,367 $6,292 Foreign-currency translation adjustment and other, net58 (23)24 COMPREHENSIVE INCOME$8,157 $7,344 $6,316 

The accompanying notes are an integral part of these consolidated financial statements.38

COSTCO WHOLESALE CORPORATION

CONSOLIDATED BALANCE SHEETS

(amounts in millions, except par value and share data)

August 31,2025September 1,2024ASSETSCURRENT ASSETSCash and cash equivalents$14,161 $9,906 Short-term investments1,123 1,238 Receivables, net3,203 2,721 Merchandise inventories18,116 18,647 Other current assets1,777 1,734 Total current assets38,380 34,246 OTHER ASSETSProperty and equipment, net31,909 29,032 Operating lease right-of-use assets2,725 2,617 Other long-term assets4,085 3,936 TOTAL ASSETS$