Walmart Employee Count
FY1995 – FY2026
Walmart (WMT) employed 2,100,000 people in FY2026 — about $339.6K in revenue per employee and $10.4K in net income per employee.
Walmart Employees by Year
Total employees per fiscal year — labels show year-over-year change
Over 10 years (FY2017–FY2026), Walmart's workforce shrank 1.0% a year while revenue grew 4.4% a year — outpacing headcount, so output per employee rose, a sign of improving operating efficiency.
Understanding Employee Metrics
Employee count is the total headcount Walmart reports in its annual filing, typically as of the fiscal year-end; where a company reports them, the figure includes part-time and seasonal staff, which can make retail and consumer headcounts swing with the calendar. Revenue per employee (revenue ÷ headcount) and net income per employee gauge workforce productivity — the higher and the more steadily they rise, the more output each employee generates. Comparing headcount growth with revenue growth shows operating leverage: revenue outpacing hiring means rising productivity, while headcount outpacing revenue can signal margin pressure. Productivity varies enormously by business model, so it is most meaningful compared with sector peers rather than across industries.
Walmart Workforce Productivity
| Fiscal Year | Employees | YoY | Revenue / Employee | Net Income / Employee |
|---|---|---|---|---|
| FY2026 | 2,100,000 | 0.0% | $339.6K | $10.4K |
| FY2025 | 2,100,000 | 0.0% | $324.3K | $9.3K |
| FY2024 | 2,100,000 | 0.0% | $308.6K | $7.4K |
| FY2023 | 2,100,000 | -8.7% | $291.1K | $5.6K |
| FY2022 | 2,300,000 | 0.0% | $249.0K | $5.9K |
| FY2021 | 2,300,000 | +4.5% | $243.1K | $5.9K |
| FY2020 | 2,200,000 | 0.0% | $238.2K | $6.8K |
| FY2019 | 2,200,000 | -4.3% | $233.8K | $3.0K |
| FY2018 | 2,300,000 | 0.0% | $217.5K | $4.3K |
| FY2017 | 2,300,000 | 0.0% | $211.2K | $5.9K |
| FY2016 | 2,300,000 | +4.5% | $209.6K | $6.4K |
| FY2015 | 2,200,000 | 0.0% | $220.8K | $7.4K |
| FY2014 | 2,200,000 | 0.0% | $216.5K | $7.3K |
| FY2013 | 2,200,000 | 0.0% | $213.0K | $7.7K |
| FY2012 | 2,200,000 | +4.8% | $203.0K | $7.1K |
| FY2011 | 2,100,000 | 0.0% | $200.9K | $7.8K |
| FY2010 | 2,100,000 | — | $194.3K | $6.8K |
| FY2008 | 2,100,000 | +10.5% | $179.5K | $6.1K |
| FY2007 | 1,900,000 | +5.6% | $183.5K | $5.9K |
| FY2006 | 1,800,000 | +5.9% | $173.4K | $6.2K |
| FY2005 | 1,700,000 | +41.7% | $167.2K | $6.0K |
| FY2004 | 1,200,000 | -14.3% | $215.6K | $7.5K |
| FY2003 | 1,400,000 | +29.6% | $176.1K | $5.7K |
| FY2002 | 1,080,000 | +12.3% | $190.6K | $6.1K |
| FY2001 | 962,000 | -15.6% | $200.9K | $6.5K |
| FY2000 | 1,140,000 | +25.3% | $146.3K | $4.9K |
| FY1999 | 910,000 | +10.3% | $153.0K | $4.9K |
| FY1998 | 825,000 | +13.3% | $144.6K | $4.3K |
| FY1997 | 728,000 | +7.9% | $145.8K | $4.2K |
| FY1996 | 675,000 | +8.5% | $140.4K | $4.1K |
| FY1995 | 622,000 | — | $134.1K | $4.3K |
Per-employee figures use annual revenue and net income divided by fiscal year-end headcount. Dashes mark years without a matching income statement.
How Walmart Compares — Revenue per Employee
Walmart versus related companies, each at its latest reported fiscal year. Higher revenue per employee means more output per person — most meaningful within the same sector.
Revenue per employee = latest annual revenue ÷ fiscal year-end headcount. Walmart is highlighted.
Frequently Asked Questions
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