W. W. Grainger income statement

In fiscal 2025, W. W. Grainger reported revenue of $17.94bn, up 4.5% on the year before, operating income of $2.50bn (a 13.9% margin) and net income of $1.71bn, or $35.40 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

W. W. Grainger: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	6.2	7.2	8.1	9.0	9.4	10.0	10.0	10.1	10.4	11.2	11.5	11.8	13.0	15.2	16.5	17.2	17.9	18.8
Cost of revenue	3.6	4.2	4.6	5.0	5.3	5.7	5.7	6.0	6.3	6.9	7.1	7.6	8.3	9.4	10.0	10.4	10.9	11.4
Gross profit	2.6	3.0	3.5	3.9	4.1	4.3	4.2	4.1	4.1	4.3	4.4	4.2	4.7	5.8	6.5	6.8	7.0	7.4
Selling, general and administrative	1.9	2.1	2.5	2.8	2.8	3.0	2.9	3.0	3.1	3.2	3.1	3.2	3.2	3.6	3.9	4.1	4.5	4.7
Operating income	0.7	0.9	1.1	1.1	1.3	1.3	1.3	1.1	1.0	1.2	1.3	1.0	1.5	2.2	2.6	2.6	2.5	2.7
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	—	—	—	—	0.1	0.1	0.1	—
Net interest income	—	—	—	—	—	—	—	—	−0.1	−0.1	−0.1	−0.1	−0.1	−0.1	−0.1	−0.1	—	—
Income before tax	—	—	1.1	1.1	1.3	1.3	1.3	1.0	0.9	1.1	1.2	0.9	1.5	2.1	2.5	2.6	2.4	2.7
Income tax	0.3	0.3	0.4	0.4	0.5	0.5	0.5	0.4	0.3	0.3	0.3	0.2	0.4	0.5	0.6	0.6	0.6	0.7
Net income	0.4	0.5	0.7	0.7	0.8	0.8	0.8	0.6	0.6	0.8	0.8	0.7	1.0	1.5	1.8	1.9	1.7	1.9
Diluted EPS	$5.62	$6.93	$9.07	$9.52	$11.13	$11.45	$11.58	$9.87	$10.02	$13.73	$15.32	$12.82	$19.84	$30.06	$36.23	$38.71	$35.40	$39.33
Diluted shares (average)	75m	72m	71m	71m	71m	69m	66m	61m	58m	57m	55m	54m	52m	51m	50m	49m	48m	48m
EBITDA	0.8	1.0	1.2	1.3	1.5	1.5	1.5	1.3	1.3	1.4	1.5	1.2	1.7	2.4	2.8	2.9	2.8	3.1

US$ millions unless shown otherwise. Fiscal quarters.

W. W. Grainger: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	4,388	4,233	4,306	4,554	4,657	4,425	4,742	5,021
Cost of revenue	2,668	2,557	2,596	2,799	2,859	2,679	2,846	3,037
Gross profit	1,720	1,676	1,710	1,755	1,798	1,746	1,896	1,984
Selling, general and administrative	1,034	1,043	1,038	1,077	1,287	1,112	1,103	1,177
Operating income	686	633	672	678	511	634	793	807
Net interest income	−19	−17	−21	−20	−20	—	−21	−20
Income before tax	671	622	657	661	492	620	775	798
Income tax	166	125	157	153	171	141	194	198
Net income	486	475	479	482	294	451	555	570
Diluted EPS	$9.87	$9.71	$9.86	$9.97	$6.12	$9.43	$11.65	$12.01
EBITDA	763	715	751	762	595	717	873	892

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from W. W. Grainger's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to W. W. Grainger.