Company: COST
Filing Date: 2025-12-17
Form Type: 10-Q
Source: 0000909832-25-000169
Chunk: 7

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-12-17
Form: 10-Q
Item: Item 1
Chunk 7
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)Stock-based compensation— — 488 — — 488 Release of vested restricted stock units (RSUs), including tax effects907 — (357)— — (357)Repurchases of common stock(225)— (5)— (205)(210)Cash dividend declared— — — — (577)(577)BALANCE AT NOVEMBER 23, 2025443,919 $2 $8,408 $(1,976)$23,869 $30,303 12 Weeks Ended November 24, 2024 Common StockAdditionalPaid-inCapitalAccumulatedOtherComprehensive LossRetainedEarningsTotalEquity Shares (000s)AmountBALANCE AT SEPTEMBER 1, 2024443,126 $2 $7,829 $(1,828)$17,619 $23,622 Net income— — — — 1,798 1,798 Foreign-currency translation adjustment and other, net— — — (324)— (324)Stock-based compensation— — 465 — — 465 Release of vested RSUs, including tax effects1,046 — (389)— — (389)Repurchases of common stock(230)— (4)— (202)(206)Cash dividend declared— — — — (515)(515)BALANCE AT NOVEMBER 24, 2024443,942 $2 $7,901 $(2,152)$18,700 $24,451 

The accompanying notes are an integral part of these condensed consolidated financial statements.6

COSTCO WHOLESALE CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(amounts in millions) (unaudited)

12 Weeks EndedNovember 23,2025November 24,2024CASH FLOWS FROM OPERATING ACTIVITIESNet income$2,001 $1,798 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization597 548 Non-cash lease expense75 72 Stock-based compensation486 463 Other non-cash operating activities, net(5)(72)Changes in operating assets and liabilities:Merchandise inventories(3,157)(2,541)Accounts payable3,818 2,