WMT · 10-Q · 2026Q2 · Full report

Liquidity and Cash Position

Walmart Inc. · 2026-05-29 · Importance 48 · Surprise 40 · Contradicted

Cash and cash equivalents were $10.7 billion at April 30, 2026 (up from $9.3 billion a year earlier) and the Company reports a working capital deficit of $26.2 billion as of April 30, 2026 driven by timing of payments and increased short‑term borrowings. Net cash provided by operating activities was $4.738 billion for the three months ended April 30, 2026 (down $0.7 billion year over year). In April 2026 Walmart renewed a 364‑day $10.0 billion revolver and a five‑year $5.0 billion facility and reported $15.0 billion of committed U.S. lines of credit, all undrawn as of April 30, 2026.

Key facts

• Working capital deficit as of April 30, 2026: $26.2 billion, increased from $22.7 billion as of April 30, 2025. source
• In April 2026, the Company renewed and extended its existing 364-day revolving credit facility of $10.0 billion and its five-year credit facility of $5.0 billion, totaling $15.0 billion committed lines of credit in the U.S., all undrawn as of April 30, 2026. source
• As of April 30, 2026, cash and cash equivalents of $5.0 billion may not be freely transferable to the U.S. due to local laws or restrictions; as of January 31, 2026 the comparable amount was $3.9 billion. source
• Net cash used in investing activities for the three months ended April 30, 2026: $(6,737) million, an increase of $1.6 billion versus prior year. source
• Cash and cash equivalents at April 30, 2026: $10.7 billion; at April 30, 2025: $9.3 billion. source
• Total assets as of April 30, 2026: $289,607 million; accumulated depreciation and amortization: $137,679 million; accounts payable: $62,876 million; accrued liabilities: $27,530 million. source
• The Company stated it believes its sources of liquidity will be sufficient to fund operations, investments, dividends and share repurchases for at least the next 12 months and for the foreseeable future. source

Impact estimates