Similar companies
| Company | Revenue | |
|---|---|---|
 |
Rent the RunwayRENT |
79M 5.2% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 169B | 4.8% |
| Gross Profit | 42.5B | 6.1% |
| Cost of Revenue | 127B | 4.4% |
| Operating expense | 34.6B | 4.1% |
| Net Income | 4.5B | 11.8% |
| EBITDA | 11.2B | 11.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 254B | 0.2% |
| Total Liabilities | 170B | 1.6% |
| Total Equity | 84.4B | 3.9% |
| Shares Outstanding | 8.04B | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 12.1B | 185% |
| Cash from investing | -5.72B | 29.7% |
| Cash from financing | -6.62B | 1963.6% |
EPS
Financial Highlights for Walmart in Q3 '24
Walmart reported a revenue of 169B, which is a 4.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 42.5B, marking a 6.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 127B, a 4.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 34.6B, showing a 4.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 4.5B, showing a -11.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 11.2B, showing a 11.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Walmart faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
