How much did Costco's membership fee income amount to in Q3 2026?

Membership fee income reached $1.37 billion, up 10.7% year over year.

What drove the growth in Costco's membership income?

Growth was driven by higher member counts, renewals, and previous fee increases.

Did Costco disclose its total revenue for Q3?

No, Costco has not yet disclosed total revenue or net income.

How did Costco's stock react to the announcement?

The stock showed little movement following the news.

Costco Membership Fees Hit $1.37B in Q3 2026, Up 10.7%

Costco (COST) reported $1.37 billion in membership fee income for the third quarter of 2026, up 10.7% year over year. The growth underscores the resilience of its membership-driven business model.

During its third-quarter 2026 earnings call, Costco (COST) reported membership fee income of $1.37 billion, a 10.7% increase year over year. This growth highlights the strength of Costco's unique business model, which relies on membership fees as a key profit driver.

Key Financial Results

Metric	Value	YoY Growth
Membership Fee Income	$1.37B	+10.7%
Total Revenue	Not yet disclosed	-
Net Income	Not yet disclosed	-
EPS	Not yet disclosed	-

Highlights from the Call

Management attributed the membership fee growth to an increase in both new members and renewals, as well as the impact of previous fee hikes. No further details on total revenue or profitability were provided.

Guidance

Costco did not issue formal guidance for the next quarter but emphasized continued focus on member experience and value.

Stock Impact

Costco's stock showed little movement following the announcement, as the market focuses on the stability provided by its subscription-based revenue.

What This Means for Investors

The 10.7% growth in membership fees confirms the strength of Costco's subscription model, offering a competitive edge amid retail headwinds. However, investors should await full financial results for a complete picture.