No material news briefings were available for Costco Wholesale Corporation (COST) in the 30 days preceding this report's generation date of 2026-06-25. The principal driver of this report is a set of material institutional position changes identified in recent 13F filings, as detailed in the holdings section below. Prior instrument reports covering the same ticker were published on 2026-06-17, 2026-06-09, and 2026-06-01, each noting an absence of material news events during their respective review windows [Brief - 2026-06-17] [Brief - 2026-06-09] [Brief - 2026-06-01].
As of the most recent filing date of 2026-05-10, Costco reported trailing twelve-month revenue of approximately $293.6 billion, reflecting year-over-year revenue growth of 11.6%. Net income on a TTM basis stood at $8.84 billion, with a net margin of 3.01% and an operating margin of 3.82%. Gross margin was recorded at 5.61%. EPS grew 15.19% year-over-year. The company held $18.95 billion in cash against total debt of $5.71 billion, indicating a net cash position. The price-to-earnings ratio was 48.34, with a market capitalisation of approximately $426.3 billion [SEC 10-Q - COST - 2026-05-10].
Four institutional investors opened new positions in COST during the most recently reported 13F period. Citadel, managed by Ken Griffin, initiated a new position [SEC 13F - Citadel - Q1 2026]. AQR Capital, associated with Cliff Asness, likewise opened a new position [SEC 13F - AQR Capital - Q1 2026]. Millennium Management, led by Izzy Englander, also established a new holding [SEC 13F - Millennium - Q1 2026]. Bridgewater Associates, associated with Ray Dalio, similarly opened a new position in the period [SEC 13F - Bridgewater - Q1 2026]. No insider transaction data was available for inclusion in this report.
The prevailing macro environment as of the report date shows the 10-year US Treasury yield (DGS10) at 4.50% and the 2-year yield (DGS2) at 4.16%, producing a normal yield curve with a spread of 34 basis points [FRED DGS10] [FRED DGS2]. This configuration reflects a term premium in longer-dated government debt, a standard feature of a non-inverted yield environment.