COST · 10-Q · 2026Q2 · Full report

Capital Expenditure Plans

COSTCO WHOLESALE CORP /NEW · 2026-06-03 · Importance 44 · Surprise 24 · From source text

Costco spent $4,228 million on capital expenditures in the first thirty-six weeks of 2026 and intends to spend approximately $6,500 million during fiscal 2026 to support new warehouse openings, remodels, depot network expansion and digitally-enabled business development. These capital expenditures are expected to be financed with cash from operations, cash and cash equivalents, and short-term investments. The company opened new warehouses (including relocations) year-to-date and plans additional openings; management cautions plans are subject to change based on capital needs and the economic environment. The stated $6,500 million fiscal 2026 plan exceeds the company's 3% revenue materiality threshold and is a material near-term capital commitment.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-4.9%In the first thirty-six weeks of 2026 the company spent $4,228 on capital expenditures and currently intends to spend approximately $6,500…
assetspositiverealized+4.9%In the first thirty-six weeks of 2026 the company spent $4,228 on capital expenditures and currently intends to spend approximately $6,500…
cashnegativeprobable-1.3%In the first thirty-six weeks of 2026 the company spent $4,228 on capital expenditures and currently intends to spend approximately $6,500…
assetspositiveprobable+1.3%In the first thirty-six weeks of 2026 the company spent $4,228 on capital expenditures and currently intends to spend approximately $6,500…