Costco - Membership Fee Revenue Growth

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Fiscal Year (Ending) Membership Fee Revenue (USD Billions) YoY Growth (%)
FY2020 $3.54 6.0%
FY2021 $3.88 9.6%
FY2022 $4.22 8.8%
FY2023 $4.58 8.5%
FY2024 $4.80 4.8%
FY2025 (Estimate) $5.50 14.5%

Notes:

  • Fiscal year for Costco ends on the Sunday closest to August 31.
  • FY2025 estimate is based on analyst projections, considering the membership fee increase effective September 1, 2024.
  • For the first three quarters of FY2025, Costco reported membership fee revenue of $3.6 billion, an 8.5% increase over the same period in the prior year. The full-year growth is expected to be higher as the impact of the fee increase is realized more significantly in the later quarters.
  • All revenue figures are rounded to two decimal places.
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