Costco Wholesale annual gross margin
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Costco Wholesale Gross Margin Growth & History (COST)
Costco Wholesale's gross margin was 12.84% for fiscal 2025.
View full Costco Wholesale company overviewCostco Wholesale annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-08-31 | 12.84% | +0.23 pp |
| 2024 | 2024-09-01 | 12.61% | +0.35 pp |
| 2023 | 2023-09-03 | 12.26% | +0.11 pp |
| 2022 | 2022-08-28 | 12.15% | −0.74 pp |
| 2021 | 2021-08-29 | 12.88% | −0.20 pp |
| 2020 | 2020-08-30 | 13.09% | +0.11 pp |
| 2019 | 2019-09-01 | 12.98% | −0.04 pp |
| 2018 | 2018-09-02 | 13.01% | −0.27 pp |
| 2017 | 2017-09-03 | 13.29% | −0.04 pp |
| 2016 | 2016-08-28 | 13.32% | +0.30 pp |
| 2015 | 2015-08-30 | 13.02% | +0.43 pp |
| 2014 | 2014-08-31 | 12.59% | +0.03 pp |
| 2013 | 2013-09-01 | 12.56% | +0.14 pp |
| 2012 | 2012-09-02 | 12.42% | −0.15 pp |
| 2011 | 2011-08-28 | 12.57% | −0.20 pp |
| 2010 | 2010-08-29 | 12.77% | +0.04 pp |
| 2009 | 2009-08-30 | 12.72% | +0.33 pp |
| 2008 | 2008-08-31 | 12.39% | — |
Costco Wholesale quarterly gross margin
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Q3.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-05-31 | 12.77% | — |
| Q3 2026 | 2026-05-10 | 12.77% | — |
| Q2 2026 | 2026-02-28 | 12.76% | +0.23 pp |
| Q2 2026 | 2026-02-15 | 12.76% | +0.23 pp |
| Q1 2026 | 2025-11-23 | 13.07% | +0.13 pp |
| Q4 2025 | 2025-08-31 | 12.91% | +0.22 pp |
| Q3 2025 | 2025-05-31 | 12.99% | +0.44 pp |
| Q3 2025 | 2025-05-11 | 12.99% | +0.44 pp |
| Q2 2025 | 2025-02-16 | 12.52% | +0.03 pp |
| Q1 2025 | 2024-11-24 | 12.94% | +0.24 pp |
| Q4 2024 | 2024-09-01 | 12.68% | +0.37 pp |
| Q3 2024 | 2024-05-12 | 12.55% | +0.48 pp |
| Q2 2024 | 2024-02-18 | 12.49% | +0.11 pp |
| Q1 2024 | 2023-11-26 | 12.70% | +0.45 pp |
| Q4 2023 | 2023-09-03 | 12.31% | +0.48 pp |
| Q3 2023 | 2023-05-07 | 12.07% | +0.20 pp |
| Q2 2023 | 2023-02-12 | 12.38% | +0.08 pp |
| Q1 2023 | 2022-11-20 | 12.25% | −0.48 pp |
| Q4 2022 | 2022-08-28 | 11.84% | −0.84 pp |
| Q3 2022 | 2022-05-08 | 11.87% | −1.08 pp |
| Q2 2022 | 2022-02-13 | 12.31% | −0.41 pp |
| Q1 2022 | 2021-11-21 | 12.73% | −0.58 pp |
| Q4 2021 | 2021-08-29 | 12.67% | −0.41 pp |
| Q3 2021 | 2021-05-09 | 12.95% | −0.52 pp |
| Q2 2021 | 2021-02-14 | 12.71% | −0.13 pp |
| Q1 2021 | 2020-11-22 | 13.31% | +0.33 pp |
| Q4 2020 | 2020-08-30 | 13.08% | +0.05 pp |
| Q3 2020 | 2020-05-10 | 13.46% | +2.72 pp |
| Q2 2020 | 2020-02-16 | 12.84% | +1.80 pp |
| Q1 2020 | 2019-11-24 | 12.98% | +2.46 pp |
| Q4 2019 | 2019-09-01 | 13.03% | +0.10 pp |
| Q3 2019 | 2019-05-12 | 10.74% | −2.33 pp |
| Q2 2019 | 2019-02-17 | 11.04% | −1.88 pp |
| Q1 2019 | 2018-11-25 | 10.52% | −2.66 pp |
| Q4 2018 | 2018-09-02 | 12.92% | −0.32 pp |
| Q3 2018 | 2018-05-13 | 13.07% | −0.41 pp |
| Q2 2018 | 2018-02-18 | 12.92% | +0.02 pp |
| Q1 2018 | 2017-11-26 | 13.18% | −0.38 pp |
| Q4 2017 | 2017-09-03 | 13.25% | −0.19 pp |
| Q3 2017 | 2017-05-07 | 13.48% | +0.00 pp |
| Q2 2017 | 2017-02-12 | 12.90% | −0.24 pp |
| Q1 2017 | 2016-11-20 | 13.56% | +0.34 pp |
| Q4 2016 | 2016-08-28 | 13.43% | +0.35 pp |
| Q3 2016 | 2016-05-08 | 13.47% | +0.39 pp |
| Q2 2016 | 2016-02-14 | 13.14% | +0.18 pp |
| Q1 2016 | 2015-11-22 | 13.22% | +0.26 pp |
| Q4 2015 | 2015-08-30 | 13.09% | +0.46 pp |
| Q3 2015 | 2015-05-10 | 13.08% | +0.52 pp |
| Q2 2015 | 2015-02-15 | 12.96% | +0.55 pp |
| Q1 2015 | 2014-11-23 | 12.96% | +0.19 pp |
| Q4 2014 | 2014-08-31 | 12.63% | +0.10 pp |
| Q3 2014 | 2014-05-11 | 12.56% | −0.08 pp |
| Q2 2014 | 2014-02-16 | 12.40% | −0.08 pp |
| Q1 2014 | 2013-11-24 | 12.76% | +0.16 pp |
| Q4 2013 | 2013-09-01 | 12.53% | +0.08 pp |
| Q3 2013 | 2013-05-12 | 12.64% | +0.19 pp |
| Q2 2013 | 2013-02-17 | 12.48% | +0.17 pp |
| Q1 2013 | 2012-11-25 | 12.60% | +0.13 pp |
| Q4 2012 | 2012-09-02 | 12.44% | +0.03 pp |
| Q3 2012 | 2012-05-06 | 12.46% | +0.06 pp |
| Q2 2012 | 2012-02-12 | 12.31% | −0.33 pp |
| Q1 2012 | 2011-11-20 | 12.47% | −0.43 pp |
| Q4 2011 | 2011-08-28 | 12.41% | −0.44 pp |
| Q3 2011 | 2011-05-08 | 12.39% | −0.46 pp |
| Q2 2011 | 2011-02-13 | 12.65% | +0.13 pp |
| Q1 2011 | 2010-11-21 | 12.90% | +0.08 pp |
| Q4 2010 | 2010-08-29 | 12.85% | +0.05 pp |
| Q3 2010 | 2010-05-09 | 12.86% | +0.01 pp |
| Q2 2010 | 2010-02-14 | 12.52% | +0.22 pp |
| Q1 2010 | 2009-11-22 | 12.82% | −0.10 pp |
| Q4 2009 | 2009-08-30 | 12.81% | — |
| Q3 2009 | 2009-05-10 | 12.84% | — |
| Q2 2009 | 2009-02-15 | 12.30% | — |
| Q1 2009 | 2008-11-23 | 12.92% | — |
Costco Wholesale gross margin trends
Over the last five fiscal years, Costco Wholesale's gross margin decreased from 13.09% to 12.84%, a change of −0.24 percentage points. The latest reported quarter, Q3 2026, shows 12.77%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Costco Wholesale source filings ↗