Walmart online sales grew by more than 20% for the fourth consecutive quarter in its fiscal Q4 2026, which ended Jan. 31.

That was also the 15th straight quarter of at least 10% year-over-year growth in Walmart ecommerce sales, going back to its fiscal Q2 2023. The prior quarter saw Walmart online sales grow 1%.

Q4 also capped off Walmart’s 10th straight year of annual total revenue growth. Its last year-over-year decline in annual revenue was in its fiscal 2016. For its full-year fiscal 2026, Walmart revenue hit $680.99 billion. That set a new record, growing about 5% year over year from $648.13 billion in its fiscal 2025.

CEO John Furner told investors on Walmart’s Q4 earnings call that the retailer continues “to demonstrate the power” of its omnichannel model across markets. He told investors Walmart’s automation of its supply chain “is on track.”

“Across our customer base, spending continues to be resilient,” Furner said. “In the U.S., we see the customer is choiceful in their spending. Again, this quarter, the majority of our share gains came from households making more than $100,000. For households earning below $50,000, we continue to see that wallets are stretched. And in some cases, people are managing spending paycheck to paycheck. That said, even these households are emphasizing convenience nearly as much as price.”

Walmart is No. 2 in the Top 2000. The database is Digital Commerce 360’s ranking of North America’s online retailers by their annual ecommerce sales.

Walmart is also No. 8 in the Global Online Marketplaces. That database ranks the top such marketplaces by third-party gross merchandise value (GMV).

Walmart online sales in Q4 2026

In its fiscal Q4 2026, Walmart total revenue increased 5.6% year over year, to $10.66 billion from $180.55 billion. Meanwhile, Walmart ecommerce grew 24%, representing 23% of sales. Adjusted operating income grew 10% year over year.

Chief financial officer John Rainey said the 26% growth in international ecommerce sales led the increase in Walmart’s Q4 operating income. That reflected “improved ecommerce economics,” he said. Rainey said Walmart expects ecommerce to continue to be its primary growth driver,” with modest increases from store and club sales across the enterprise.”

Walmart ecommerce sales exceeded $150 billion for the first time in its fiscal 2026, Rainey shared.

Walmart’s U.S. comparable sales (which include ecommerce) increased 4.6% in Q4. Rainey said that to get orders to customers faster and more efficiently, Walmart is using its:

• Walmart stores.
• Sam’s Club locations.
• Distribution centers.
• Fulfillment centers.
• Last-mile delivery networks.
• “Unique assets,” though he did not define them.

In the U.S. specifically, Walmart online sales increased 27% year over year in Q4. It delivered 35% of its store-fulfilled orders in less than three hours, Rainey said. Sam’s Club U.S. doubled its growth in store-filled delivery sales.

In China, Walmart ecommerce sales increased by 28% and represented more than half of sales. Meanwhile, Flipkart has been delivering orders in less than 15 minutes across more than 30 cities in India, according to Rainey.

“As ecommerce drives the majority of our sales growth, we’re improving ecommerce economics with increased contributions from business mix, most notably in higher-margin areas like advertising and membership fees,” Rainey said.

He said the retailer’s advertising businesses globally increased 37%. That includes an acceleration in Walmart Connect in the U.S., which grew by 41%. He also noted that Walmart lapped the acquisition of Vizio in December, so that subsidiary’s performance will now be in Walmart’s metrics.

Walmart+ memberships and advertising

Rainey said consolidated membership income increased more than 15%. That reflected 35% growth from Sam’s Club in China. In the U.S., Walmart+ membership increased by double digits. Sam’s Club membership income in the U.S. grew more than 6%.

Rainey noted that the combination of advertising income and membership fees represented nearly a third of Walmart operating income in Q4.

He said Walmart’s advertising business increased 46% globally to reach $6.4 billion. Meanwhile, Walmart membership fees exceeded $4.3 billion in its fiscal 2026, Rainey said. Walmart Connect increased 41% in the U.S. in Q4.

Where Walmart is increasing its delivery speeds

Furner said the number of Walmart customers who opted for fast delivery increased more than 60% year over year. It defines fast deliveries as those completed in less than three hours.

Rainey said that in the U.S., about 60% of Walmart stores receive freight from automated distribution centers. Additionally, Walmart has automated about 50% of ecommerce fulfillment center volume, he noted.

“This enables better visibility into what inventory we own and inventory we can access and also improved our labor productivity,” Rainey stated. “With the proximity so close to customers, we’re increasingly leveraging stores as digital fulfillment nodes to move inventory faster and more efficiently than ever before.”

Walmart is extending the necessary technology to Sam’s Club in the U.S., he said. It’s also in the early stages of deploying automation across its supply chain in some international markets, though he did not specify which ones.

Walmart sees results from Sparky agentic AI

“The way we’re using technology and AI is helping us create great customer solutions, reduce friction, simplify decision-making and pinpoint where our inventory is,” Furner said. “And we aren’t just embracing the tools that are changing the way people shop, we’re creating them. We’re enhancing our shopping assistants like Sparky and building new experiences with partners like OpenAI and Alphabet that are shaping the future of agentic commerce.”

Customers using Walmart’s Sparky agentic AI tool have an average order value (AOV) that’s about 35% higher than their counterparts who don’t use the AI tool, according to Furner. He said Walmart is expanding Sparky to include voice-based capabilities and integrate into physical stores.

Rainey said Walmart’s constantly increasing ecommerce sales set the retailer up “uniquely well” as consumers adopt agentic commerce.

Furner said Sparky is quickly becoming a way for Walmart to better understand customer intent. David Guggina, CEO of Walmart U.S., said Sparky continues to add capabilities to provide more personalization and “deeper contextual understanding.”

Percentages may not align due to rounding. Check back for more earnings reports. See our previous article on Walmart online sales.

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