Costco Wholesale Corporation delivered a resilient QQ1 2025 performance with meaningful top-line growth and solid cash generation. Revenue reached $62.151 billion, up 6.21% year over year, while gross profit of $8.042 billion yielded a gross margin of 12.94%. Operating income climbed to $2.196 billion, producing an operating margin of 3.53%, and net income totaled $1.798 billion for a net margin of 2.89%. EBITDA stood at $2.891 billion, corresponding to an EBITDA margin of approximately 4.66%. Free cash flow (FCF) was $1.996 billion, supported by operating cash flow of $3.26 billion and capital expenditures of $1.264 billion. The company ended the quarter with cash and cash equivalents of $10.907 billion and a net cash position of approximately $2.874 billion, indicating strong liquidity and balance-sheet resilience despite a lean current ratio of 0.98x and a quick ratio of 0.432x.