Costco Q1 2026 Earnings Top Estimates

Costco Q1 2026 earnings topped forecasts as digitally enabled sales and comparable-store growth boosted revenue and EPS, aiding trader positioning.

December 11, 2025·1 min read
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Flat-vector cover of a shopping cart fused with a digital circuit to represent Costco Q1 2026 earnings and digital sales.

KEY TAKEAWAYS

  • Total revenue reached $67.3 billion and diluted EPS was $4.50.
  • Comparable-store sales rose 6.4% and digitally enabled comps grew 20.5%.
  • Membership fees were $1.3 billion, bolstering top-line momentum into the holiday period.

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Costco Wholesale Corporation's Q1 2026 earnings, reported on Dec. 11, 2025, exceeded Wall Street forecasts as stronger digitally enabled sales and comparable-store growth lifted profit and per-share results above consensus.

Quarter Results Beat Estimates

Costco Wholesale Corporation reported first-quarter fiscal 2026 results for the 12 weeks ended Nov. 23, 2025, in a press release on Dec. 11, 2025. Total revenue reached $67.3 billion, and diluted earnings per share rose to $4.50. The company said, "Net sales for the first quarter increased 8.2 percent, to $65.98 billion from $60.99 billion last year."

Comparable Sales, Digital Growth, and Membership

Companywide comparable-store sales increased 6.4%, while digitally enabled comparable sales rose 20.5%. Membership fee revenue totaled $1.33 billion. Costco’s investor relations site listed a Q1 2026 earnings call scheduled for Dec. 11, 2025.

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