WMT · 10-Q · 2026Q3 · Full report
Capital Expenditures Program
Walmart Inc. · 2026-08-28 · Importance 73 · Surprise 66 · Matches filing data
Walmart invested $14.181 billion in capital expenditures during the six months ended July 31, 2026, up from $11.409 billion in the prior-year period, an increase of approximately 24%. U.S. spending included $7.659 billion for supply chain, customer-facing initiatives, technology and other projects, $3.623 billion for store and club remodels, and $1.087 billion for new stores and clubs. Walmart International capital expenditures were $1.812 billion, and the company stated that its capital is primarily directed to higher-return automation, eCommerce, supply-chain, store and club investments.
Key facts
- Allocation of capital expenditures for the six months ended July 31, 2026: Supply chain, customer-facing initiatives, technology and other $7,659 million; Store and club remodels $3,623 million; New stores and clubs, including expansions and relocations $1,087 million; Total U.S. $12,369 million; Walmart International $1,812 million; Total Capital Expenditures $14,181 million. source
- Accumulated depreciation and amortization was $141,445 million as of July 31, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -4.8% | Allocation of capital expenditures for the six months ended July 31, 2026: Supply chain, customer-facing initiatives, technology and other… |
| assets | positive | realized | +4.8% | Allocation of capital expenditures for the six months ended July 31, 2026: Supply chain, customer-facing initiatives, technology and other… |