How many employees does Walmart Inc. have?

Walmart Inc. reported 2.10M employees for the fiscal year ending Jan 2026, in the annual report it filed on March 13, 2026. That is unchanged from a year earlier.

What is Walmart Inc.'s revenue per employee?

Walmart Inc. brought in $713.2B of revenue in fiscal Jan 2026, which is $340K per employee. That ranks 3 of 7 companies we track in Discount Stores, where the median is $252K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Walmart Inc. employees and revenue per employee

WMT · Discount Stores · $829.7B market cap

Walmart Inc. had 2.10M employees at the end of fiscal Jan 2026, unchanged from a year earlier. Revenue for the year was $713.2B, up 4.7% from a year earlier, or $340K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

2.10M

+0.0% YoY

Revenue

$713.2B

+4.7% YoY

Revenue / employee

$340K

Peer median $252K

Rank in industry

3 of 7

Discount Stores

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Jan 2017

Hover a year for the numbers.

WMT employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Jan 2026	2.10M	$713.2B	$340K	+0.0%	+4.7%
Jan 2025	2.10M	$681.0B	$324K	+0.0%	+5.1%
Jan 2024	2.10M	$648.1B	$309K	+0.0%	+6.0%
Jan 2023	2.10M	$611.3B	$291K	-8.7%	+6.7%
Jan 2022	2.30M	$572.8B	$249K	+0.0%	+2.4%
Jan 2021	2.30M	$559.2B	$243K	+4.5%	+6.7%
Jan 2020	2.20M	$524.0B	$238K	+0.0%	+1.9%
Jan 2019	2.20M	$514.4B	$234K	-4.3%	+2.8%
Jan 2018	2.30M	$500.3B	$218K	+0.0%	+3.0%
Jan 2017	2.30M	$485.9B	$211K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Walmart Inc. against similar companies

The closest industry peers by revenue, from Discount Stores.

Company	Employees	Revenue	Revenue / employee	Shape
COST Costco Wholesale Corporation	341,000	$275.2B	$807K	Efficient growth
BJ BJ's Wholesale Club Holdings, Inc.	35,000	$21.5B	$613K	Hiring ahead
WMT Walmart Inc.	2.10M	$713.2B	$340K	Leaner
TGT Target Corporation	415,000	$104.8B	$252K	Contracting
DG Dollar General Corporation	194,000	$42.7B	$220K	Leaner
OLLI Ollie's Bargain Outlet Holdings, Inc.	13,000	$2.65B	$204K	Efficient growth
DLTR Dollar Tree, Inc.	150,000	$19.4B	$129K	Hiring ahead

Every Consumer Defensive company

Questions about Walmart Inc.

How many employees does Walmart Inc. have?: Walmart Inc. reported 2.10M employees for the fiscal year ending Jan 2026, in the annual report it filed on March 13, 2026. That is unchanged from a year earlier.
What is Walmart Inc.'s revenue per employee?: Walmart Inc. brought in $713.2B of revenue in fiscal Jan 2026, which is $340K per employee. That ranks 3 of 7 companies we track in Discount Stores, where the median is $252K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Free game

Think you can pick better than the S&P 500?

Pick 15 stocks, lock them in, and we score them against the index every trading day for ten years. Free, with a public leaderboard.

Enter the challenge

More data

Compare WMT with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Leaderboard Consumer Defensive

Source: employee counts and revenue as stated in Walmart Inc.'s annual reports (Form 10-K), latest filed March 13, 2026. This is data, not a recommendation to buy or sell WMT.