Introduction
When people search for costco net wort, they are usually asking how much Costco is worth as a company. Unlike a celebrity, Costco doesn’t have a personal net worth. It is a publicly traded business, so its value is mainly measured through market capitalization, which changes with the company’s stock price.
As of August 2026, Costco Wholesale Corporation has a market capitalization of about $420.33 billion. Market capitalization represents the value investors place on all of the company’s outstanding shares.
Costco is one of the world’s largest warehouse retailers. Its business model is simple: customers pay for membership and then shop in large warehouse stores for groceries, electronics, clothing, furniture, household products, and many other goods.
The company also earns money from membership fees, which are an important part of its business model. In fiscal 2025, Costco reported $275.24 billion in total revenue, including $5.32 billion from membership fees. It also reported $8.10 billion in net income.
In 2026, Costco has continued to grow. Through the first 44 weeks of fiscal 2026, net sales reached $250.43 billion, up 10.1% from the same period a year earlier.
Who Is Costco?
Costco Wholesale Corporation is a membership-based retail company known for selling products in large warehouse stores. Instead of relying only on traditional retail margins, Costco charges customers an annual membership fee and then aims to keep product prices competitive.
The company operates through a warehouse model. Customers often buy products in large quantities, while Costco uses its scale to negotiate with suppliers and keep operating costs under control.
Costco is headquartered in Issaquah, Washington. Its shares trade on the Nasdaq stock market under the ticker symbol COST.
Costco’s basic business model
Costco’s business model has two major parts.
The first is merchandise sales. Customers visit warehouses or shop online and purchase products. Costco earns revenue from those sales.
The second is membership revenue. Customers pay to become members, which gives them access to Costco warehouses and online shopping.
Membership income is especially important because it can support Costco’s low-price strategy.
In fiscal 2025, Costco generated $5.323 billion in membership fees. Total revenue reached $275.235 billion, while net income was about $8.099 billion.
A company built around membership
The membership model helps Costco stand out from many other retailers.
A customer who pays for a membership has a reason to return to Costco throughout the year. The company benefits when members continue renewing their memberships and increasing their spending.
This creates a relationship that goes beyond a single shopping trip.
Costco also offers different membership levels. Its Executive membership provides additional benefits and rewards compared with the basic Gold Star membership.
Costco’s large product selection
Costco sells a wide range of products.
A typical warehouse can include:
- Groceries
- Fresh food
- Meat and seafood
- Bakery products
- Electronics
- Appliances
- Furniture
- Clothing
- Jewelry
- Pharmacy products
- Optical services
- Automotive products
- Gasoline
- Household supplies
The company also sells its own Kirkland Signature products.
Kirkland Signature has become an important part of Costco’s retail strategy. Private-label products can give retailers more control over pricing and product selection.
Costco’s international business
Costco is not limited to the United States.
The company operates warehouses in several international markets, including Canada, Mexico, Japan, the United Kingdom, South Korea, Taiwan, Australia, Spain, France, Iceland, China, and Sweden.
International sales provide another source of growth.
Costco’s fiscal 2026 results show that international markets have continued to contribute to sales growth. In the first 44 weeks of fiscal 2026, comparable sales increased across the United States, Canada, and other international markets.
Income and Salary
A company doesn’t receive a salary in the same way an employee does. For Costco, it makes more sense to look at revenue, operating income, and net income.
These figures show how much business the company generates and how much profit remains after expenses.
Costco’s revenue
Costco reported $275.24 billion in total revenue for fiscal 2025. That included $269.91 billion in net sales and $5.32 billion in membership fees.
This was an increase from fiscal 2024, when Costco reported total revenue of about $254.45 billion.
The increase shows how large the business has become.
Costco’s net income
Revenue isn’t the same as profit.
Costco spends enormous amounts on merchandise, employee wages, warehouse operations, transportation, utilities, technology, and other business costs.
For fiscal 2025, Costco reported net income of about $8.10 billion.
That means the company generated billions of dollars in profit after accounting for its expenses.
Costco’s 2026 performance
Costco continued to grow during fiscal 2026.
For the first 44 weeks of fiscal 2026, the company reported net sales of $250.43 billion, compared with $227.46 billion for the comparable period in the prior year. That represented a 10.1% increase.
The company also reported that digitally enabled sales were growing quickly. For the first 44 weeks, digitally enabled sales increased 21.5%.
This is important because Costco isn’t only a warehouse retailer anymore. Its online business is becoming a larger part of the overall company.
CEO salary and executive pay
Costco’s executives receive compensation, but that should not be confused with Costco’s overall income.
The company’s chief executive officer and other senior executives can receive salaries, bonuses, stock awards, and other compensation. However, executive compensation is only a small part of the company’s overall financial picture.
For a company worth hundreds of billions of dollars, the CEO’s compensation doesn’t determine the company’s market value.
Investors focus much more on future earnings, revenue growth, membership trends, cash flow, operating performance, and the company’s long-term prospects.
Table of Yearly Earnings and Roles
The following table uses Costco’s reported financial results rather than estimated salaries. Because the company reports fiscal years, the figures below refer to fiscal-year performance where available.
Fiscal YearTotal RevenueNet IncomeMain Business Focus2020About $166.76 billionAbout $4.00 billionWarehouse retail and membership2021About $195.93 billionAbout $5.01 billionWarehouse expansion and membership growth2022About $226.95 billionAbout $5.84 billionRetail, memberships, and international growth2023About $242.29 billionAbout $6.29 billionWarehouse retail and e-commerce2024About $254.45 billionAbout $7.37 billionMembership and retail growth2025About $275.24 billionAbout $8.10 billionRetail, membership, digital sales2026*$250.43 billion net sales through 44 weeksFull-year result not yet availableContinued retail and digital growth
*Fiscal 2026 was still in progress when the latest reported 44-week results were released. Costco reported $250.43 billion in net sales through July 5, 2026.
The table shows a clear long-term trend.
Costco has increased revenue and profit over several years. That growth is one reason investors continue to place a high value on the company.
Net Worth in 2026
If costco net wort means the company’s market value, Costco is worth roughly $420 billion in August 2026 based on its market capitalization.
However, market capitalization changes every trading day.
The basic calculation is simple:
Market Capitalization = Share Price × Shares Outstanding
If Costco’s stock price rises, its market capitalization generally rises too.
If the stock price falls, the company’s market capitalization falls.
This is different from accounting value.
Market cap versus total assets
Costco’s market capitalization and its total assets are two different numbers.
At the end of fiscal 2025, Costco reported total assets of approximately $77.10 billion.
Yet the stock market valued the company at more than $400 billion in August 2026.
Why is the difference so large?
Investors aren’t simply buying Costco’s buildings, inventory, cash, and equipment.
They are also buying expectations about Costco’s future.
Those expectations can include future profits, membership growth, brand strength, expansion opportunities, customer loyalty, and the company’s ability to generate cash.
Why investors value Costco highly
Costco has several qualities that investors often value.
First, it has a large membership base.
Second, the company has a strong reputation for competitive pricing.
Third, Costco generates substantial sales volume.
Fourth, the business has continued to grow its digital sales.
Finally, Costco has a long history of generating profits.
Together, these factors help explain why its stock market value can be much higher than its accounting book value.
Costco’s market value changes
A market capitalization of $420.33 billion is not a permanent number.
It can change within minutes when the stock market is open.
For that reason, articles about Costco net worth 2026 should include a date when giving a market-cap figure.
The August 2026 estimate is useful as a current snapshot, but it shouldn’t be treated as a permanent valuation.
How Costco Makes Money
Costco has several revenue streams, but merchandise sales make up the largest part of its business.
1. Merchandise sales
The largest source of Costco’s revenue is selling products.
Customers buy food, household goods, electronics, clothing, furniture, appliances, and other merchandise.
In fiscal 2025, Costco generated approximately $269.91 billion in net sales.
The company sells products at relatively low margins compared with many traditional retailers.
That is part of its strategy.
Costco focuses on high sales volume and customer loyalty rather than maximizing the markup on each individual product.
2. Membership fees
Membership fees are one of Costco’s most important sources of revenue.
In fiscal 2025, membership fees totaled about $5.32 billion.
Members pay for access to Costco’s warehouses and other benefits.
The membership system creates recurring revenue. A customer who renews every year gives Costco another source of predictable income.
3. Gas stations
Many Costco locations have gasoline stations.
Gasoline can attract customers to warehouses because members may stop for fuel and then shop inside.
The company often keeps fuel prices competitive, which can encourage members to use Costco for another regular household expense.
4. E-commerce
Costco also operates an online retail business.
E-commerce has become increasingly important for the company.
During the first 44 weeks of fiscal 2026, digitally enabled sales increased 21.5%, according to Costco’s July 2026 results.
That growth shows that Costco is adapting to changing shopping habits.
5. Pharmacy and health services
Costco also earns revenue from services such as pharmacy and optical operations.
These services can give members another reason to visit Costco.
The company has built its business around offering many different needs in one place.
6. Kirkland Signature
Kirkland Signature is Costco’s private-label brand.
Private-label products can offer Costco more control over product design, pricing, and supplier relationships.
The brand also gives customers alternatives to national brands.
When shoppers trust Kirkland products, they may be more likely to buy them during future visits.
7. Travel and other services
Costco has also offered services connected to travel, auto purchases, insurance, and other consumer needs.
These services help expand the relationship between the company and its members.
The idea is simple: the more useful Costco becomes, the more valuable the membership can feel to customers.
Why We Cannot Know the Exact Net Worth
The phrase “Costco net worth” can be confusing because a corporation doesn’t have a single net worth number.
There are several different ways to measure its value.
Market capitalization
Market capitalization is the most common answer when people ask how much a public company is worth.
As of August 2026, Costco’s market capitalization was about $420.33 billion.
This represents the market value of the company’s outstanding shares.
Book value
Book value is based on the company’s accounting records.
Costco reported approximately $77.10 billion in total assets at the end of fiscal 2025.
But assets aren’t the same as market value.
The stock market can value a company at a much higher level because investors expect it to generate future earnings.
Enterprise value
Another measurement is enterprise value.
This approach considers market capitalization along with debt and cash.
Enterprise value can be useful when comparing companies because it provides a different view of the value of the business.
Still, it isn’t identical to market capitalization.
Stock prices change
Costco’s share price moves every trading day.
That means its market cap also changes.
A valuation reported on Monday could be different on Friday.
Therefore, anyone looking for the latest costco net wort should check the current share price and outstanding share count rather than relying on an old figure.
Future earnings matter
The stock market doesn’t value Costco only according to what it earned last year.
Investors also consider what they think the company will earn in future years.
If investors expect strong growth, they may be willing to pay more for Costco shares.
If expectations weaken, the market value can fall.
What Seems Most True
The clearest way to answer costco net wort is to separate three different ideas.
First, Costco’s market capitalization was approximately $420.33 billion in August 2026. This is the best simple measure of what the stock market says Costco is worth at that time.
Second, Costco is a very profitable business. It generated approximately $275.24 billion in total revenue and $8.10 billion in net income during fiscal 2025.
Third, Costco’s fiscal 2026 results show that the company continued to grow. Through the first 44 weeks of the fiscal year, net sales reached $250.43 billion, up 10.1% from the comparable period.
Those numbers provide a better picture than simply saying Costco is “worth $420 billion.”
The company has a huge revenue base, a recurring membership model, a large retail footprint, growing digital sales, and a strong customer base.
At the same time, Costco’s market capitalization is not the same as its cash balance or total assets.
A $420 billion market value doesn’t mean Costco has $420 billion sitting in its bank accounts.
Instead, it represents the value investors currently assign to its publicly traded shares.
That distinction is important for anyone researching Costco net worth 2026.
Costco’s value can rise or fall with the stock market. Its underlying business results can also affect investor confidence.
For now, the most useful summary is that Costco is a roughly $420 billion public company by market capitalization as of August 2026, while its fiscal 2025 financial statements show $275.24 billion in revenue and $8.10 billion in net income.
FAQs
1. What is Costco’s net worth in 2026?
If “net worth” means Costco’s stock market value, Costco was worth about $420.33 billion in August 2026 based on its market capitalization. This number changes as the company’s share price moves. It is important to remember that market capitalization is not the same as cash, total assets, or book value. It represents what investors collectively value Costco’s outstanding publicly traded shares at.
2. How does Costco make most of its money?
Costco makes most of its revenue from selling merchandise in its warehouses and online. It also earns billions from annual membership fees. In fiscal 2025, Costco reported about $269.91 billion in net sales and $5.32 billion in membership fees. Gas stations, pharmacy services, optical services, e-commerce, Kirkland Signature products, and other services also contribute to the company’s overall business.
3. How much revenue did Costco make in 2025?
Costco reported approximately $275.24 billion in total revenue for fiscal 2025. This included around $269.91 billion in net sales and $5.32 billion in membership fees. The company also reported approximately $8.10 billion in net income. These figures show that Costco operates on an enormous scale, with hundreds of billions of dollars flowing through the business each year.
4. Is Costco worth more than $400 billion?
Yes. Costco’s market capitalization was about $420.33 billion in August 2026, placing it above the $400 billion level. However, market capitalization changes with the stock price, so the figure can move higher or lower over time. It also shouldn’t be confused with Costco’s total assets, which were about $77.10 billion at the end of fiscal 2025.
5. Why is Costco’s market value higher than its total assets?
Costco’s market value reflects what investors believe the company and its future earnings are worth. Total assets are an accounting measure that includes things such as cash, inventory, buildings, and equipment. Investors also consider Costco’s brand, membership model, profits, growth potential, and future cash generation. As a result, the market can value Costco at far more than the book value of its physical and financial assets.
Conclusion
Costco has grown from a warehouse retailer into one of the world’s most valuable public companies.
For people searching for costco net wort, the most useful figure is its market capitalization. As of August 2026, Costco’s market value was approximately $420.33 billion.
The company also continues to generate enormous revenue. In fiscal 2025, Costco reported $275.24 billion in total revenue and about $8.10 billion in net income. Membership fees contributed another important part of the business, generating about $5.32 billion during the year.
Its fiscal 2026 results show that the company has continued to grow. Through the first 44 weeks, net sales reached $250.43 billion, representing a 10.1% increase from the comparable period. Digital sales were also growing at a faster pace.
Still, Costco’s market capitalization isn’t the same as its cash or assets. It changes with the stock price and reflects investors’ expectations about the company’s future.
So, the simplest answer is this: Costco’s estimated market value is around $420 billion in August 2026, making it one of the most valuable retail companies in the world. Its strong membership model, large sales base, growing digital business, and continued profitability help explain why investors place such a high value on the company.
