Walmart Q2 Revenue Hits $187.9B as eCommerce and Advertising Surge

Key Facts

1Walmart reported Q2 revenue of $187.9 billion, a 5.9% increase year-over-year.

2Global eCommerce sales grew 23%, led by store-fulfilled pickup and delivery services.

3Global advertising business revenue rose 38%, with matching growth in the U.S. segment.

In a move reflecting the resilience of the U.S. retail sector amid economic shifts, Walmart reported strong second-quarter financial results. The company achieved total revenue of $187.9 billion, marking a 5.9% increase year-over-year. This performance was primarily driven by a 23% surge in global eCommerce sales, which benefited significantly from store-fulfilled pickup and delivery services.

According to analyst data, high-growth business segments saw substantial expansion, with global advertising revenue rising 38%, matching the growth seen in the U.S. segment. Profitability was further bolstered by a 96 basis point improvement in gross profit rates, partially aided by tariff refunds, alongside a 17% increase in membership fee income.

In the markets, WMT shares stood at $114.30 at close on August 19, 2026, after reaching a session high of $116.87. Investors are now looking toward upcoming economic catalysts, including the Michigan Consumer Sentiment index in the U.S., to gauge the continued strength of consumer spending within the retail landscape.

Sources:

businesswire.com