Costco Wholesale Corporation · NASDAQ:COST
Costco Wholesale — Q4 2025 Earnings Presentation
9 slides from Costco Wholesale's earnings presentation, Sep 25, 2025
Slide 1: 4th Quarter FY 2025 Supplemental Information
4th Quarter FY 2025 Supplemental Information 1
Slide 2: Q4 Highlights - Sales
Q4 Highlights - Sales $84.4B +5.7% +1.9% +13.6% Comparable Ticket Net Sales Comparable Sales +3.7% E-Comm Comparable Sales +6.4% Comparable Traffic +2.6% +13.5% +8.0% Growth Adjusted Adjusted Comparable Sales1 Adjusted E-Comm Comparable Sales2 Comparable Ticket1 1 - Excluding impacts from changes in
Slide 3: Q4 Highlights – Sales - Segment Reporting
Q4 Highlights – Sales - Segment Reporting Other Total Comp Sales US Canada International Company Sales +5.1% +6.3% +8.6% +5.7% Ticket +1.5% +1.0% +5.2% +1.9% Traffic +3.5% +5.3% +3.2% +3.7% Adjusted Other Total US Canada Comp Sales1 International Company Sales +6.0% +8.3% +7.2% +6.4% Ticket +2.4% +2
Slide 4: Q4 Highlights - Financial Performance
Q4 Highlights - Financial Performance Gross Margin SG&A Net Income Diluted EPS 11.13% 9.21% $2.61B $5.87 +13 bps vs. Q4 FY’24 -17 bps vs. Q4 FY’24 +3 bps ex. gas impact -9 bps ex. gas impact +10.9% Growth* +11.0% Growth* Reported Ex Gas1 Reported Ex Gas1 Core +30bps +22bps Ops -15bps -8bps *- “Other
Slide 5: Q4 Highlights - Membership
Q4 Highlights - Membership +14.0% 89.8% Membership Income Worldwide Membership Growth Renewal Rate +13.6% Membership Income 92.3% Growth ex-FX US/CN Renewal Rate 81.0MM 38.7MM Paid Memberships Executive Memberships +6.3% Growth 145.2MM 74.2% Total Cardholders Penetration of Sales to +6.1% Growth Exe
Slide 6: Q4 Highlights - Digital
Q4 Highlights - Digital +13.6% +13.5% E-Comm Comparable Sales Adjusted E-Comm Comparable Sales1 Top Sales Categories: - Gold/Jewelry - Housewares - Tires - Apparel - Sporting Goods - Majors - Small Electrics - Garden/Patio Digital Metrics: - Ecommerce Site Traffic: +27% - Costco Logistics Items Deli
Slide 7: Q4 Highlights - Warehouse Expansion
Q4 Highlights - Warehouse Expansion Malmo, Sweden: 7/1/25 Allen, Texas: 8/15/25 Q4 FY’24 FY’25 FY’25 Q4 FY’25 End FY’26 (E) End Q1 - Q3 US 614 10 5 629 649 Canada 108 1 1 110 115 Other International 168 4 3 175 180 Total 890 15 9 914 944 7
Slide 8: Q4 Highlights - New Member Values
Q4 Highlights - New Member Values New Items KS Ribbon KS Wild Blueberries KS Combo Calzone KS Organic Extra Firm Tofu KS Chicken Jerky Treat for KS Whey Protein KS Grass-Fed Beef Sticks KS Apparel Dogs 3LB 8
Slide 9: Safe Harbor
Safe Harbor Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that t