WMT

Walmart Inc.

Bentonville, Arkansas  •  FY2026 Annual Report
NYSE H-1B Visa Sponsor Revenue +4.7% YoY
Revenue
$713.2B
Net Income
$21.9B
EBIT Margin
4.2%
Diluted EPS
$2.73
Free Cash Flow
$14.9B
CEO Pay
$29,240,930
Doug McMillon
82%

of Walmart Inc.'s revenue comes from United States

Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: Walmart Inc. generates 82% of its $581.2B revenue from United States, yet continues to file H-1B petitions that displace American workers.

$29,240,930

Doug McMillon's total compensation in FY2026

Base salary $1,500,000  •  Stock awards $21,051,600. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2026
Total Revenue
$713.2B
+4.7% year-over-year
Net Income
$21.9B
Operating Margin
4.2%
Diluted EPS
$2.73
Free Cash Flow
$14.9B
Dividend / Share
N/A
Stock Buybacks
N/A
Where the Revenue Comes From — FY2026
United States
$581.2B
82%
Mexicoand Central America
$52.5B
7%
Other
$29.6B
4%
C N
$24.6B
4%
C A
$23.7B
3%

Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2026.

What We Pay the Executives Source: SEC DEF 14A via sec-api.io
CEO Total Compensation
$29,240,930
Doug McMillon
CEO Base Salary
$1,500,000
CEO Stock Awards
$21,051,600
Avg. Other NEO Total
$25,424,935
ExecutiveTitleBase SalaryStock AwardsTotal Comp
Doug McMillon🔍 President and CEO $1,500,000 $21,051,600 $29,240,930
John Furner🔍 EVP, President and CEO, Walmart U.S. $1,313,000 $22,259,543 $27,343,149
Daniel Danker🔍 EVP, AI Acceleration, Product and Design $435,712 $37,701,005 $44,092,488
Suresh Kumar🔍 EVP, Global Chief Technology and Development Officer $1,135,000 $13,162,888 $16,727,128
John David Rainey🔍 EVP and CFO $1,030,000 $12,065,930 $15,455,188

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

Board of Directors — Who Enables This
DirectorRoleAgeIndependentSinceTenureAnnual PayCommittees
Bob Moritz🔍 Retired Global Chairman, PwC 62 Yes N/A N/A N/A Technology and eCommerce Committee, Audit Committee
Brian Niccol🔍 Director None Yes N/A N/A N/A Compensation and Management Development Committee, Technology and eCommerce Committee
Carla A. Harris🔍 Independent Director 63 Yes N/A N/A N/A Compensation and Management Development Committee, Nominating and Governance Committee, Social Policy & Finance
Cesar Conde🔍 Chairman of NBCUniversal News Group 52 Yes N/A N/A N/A Social Policy & Finance, Audit
Greg Penner🔍 Non-Executive Chairman 56 No N/A N/A N/A
John R. Furner🔍 President and CEO and Director 51 No N/A N/A N/A Executive Committee
Marissa A. Mayer🔍 Independent Director 50 Yes N/A N/A N/A Compensation and Management Development Committee, Technology and eCommerce Committee
Randall L. Stephenson🔍 Lead Independent Director 66 Yes N/A N/A N/A Compensation and Management Development Committee, Nominating and Governance Committee, Social Policy & Finance
Robert E. Moritz, Jr.🔍 Independent Director 62 Yes N/A N/A N/A Technology & eCommerce, Audit
Sarah J. Friar🔍 CFO, OpenAI, Inc. 53 Yes N/A N/A N/A Technology and eCommerce Committee
Shishir Mehrotra🔍 CEO, Superhuman Labs, Inc. (formerly Grammarly) 47 Yes N/A N/A N/A Compensation and Management Development Committee, Technology and eCommerce Committee
Steuart L. Walton🔍 Director 44 No N/A N/A N/A Social Policy & Finance
Thomas W. Horton🔍 Independent Director 64 Yes N/A N/A N/A Nominating & Governance, Social Policy & Finance, Audit
Tim Flynn🔍 Chair None Yes N/A N/A N/A Technology and eCommerce Committee, Audit Committee

Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.

H-1B Visa Dependency Key Metric

Search all Walmart Inc. H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for Walmart Inc.

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment
PositiveRevenue grew 4.7% year-over-year - above inflation.
WatchThin net margin of 3.1% - watch costs.
WatchCEO received $29M in compensation.
Key Business Risks (from 10-K Item 1A)

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