Net sales → Revenue: $606BRevenue → Cost of sales: $464BWalmart U.S. → Net sales: $421BRevenue → Gross profit: $148BGross profit → Operating expenses: $127BWalmart International → Net sales: $101BSam's Club → Net sales: $84BGross profit → Operating profit: $20BOperating profit → Net profit: $11BOperating profit → Tax: $6BMembership and other → Revenue: $5BOperating profit → Interest: $2BOperating profit → Other losses: $2BWalmart U.S.: $421BNet sales: $606BWalmart International: $101BSam's Club: $84BRevenue: $611BMembership and other: $5BGross profit: $148BCost of sales: $464BOperating profit: $20BOperating expenses: $127BNet profit: $11BTax: $6BInterest: $2BOther losses: $2Bcreated with SankeyArt.comWalmart U.S.$421B7% Y/YNet sales$606B7% Y/YWalmart International$101B0% Y/YSam's Club$84B15% Y/YRevenue$611B7% Y/YMembership and other$5B8% Y/YGross profit$148B3% Y/YCost of sales$464B8% Y/YOperating profit$20B-21% Y/YOperating expenses$127B8% Y/YNet profit$11B-19% Y/YTax$6B20% Y/YInterest$2B2% Y/YOther losses$2B-49% Y/YWalmart FY23 Income Statement