Costco Membership Income Jumps Double Digits: What Is Driving Growth? [Yahoo! Finance]
Maplebear Inc. (CART)
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Source: Yahoo! Finance
fee income jumping 13.6% to $1,355 million in the second quarter of fiscal 2026. This double-digit growth reflects a highly resilient business model that thrives on member loyalty even during periods of economic volatility. The increase is primarily attributed to a strategic blend of higher membership rates and a growing global member base. The impact of the membership fee hike implemented in September 2024 is now fully reflected in the financial results, accounting for roughly one-third of membership income growth. Excluding the fee hike and foreign exchange impacts, membership income grew 7.5% year over year. This was driven by membership growth and executive membership upgrades. Costco ended the quarter with 82.1 million paid household members, up 4.8% from the prior-year period, while total cardholders increased 4.7% to 147.2 million. Executive memberships rose 9.5% to 40.4 million, reflecting strong member engagement and upgrades. These members not only pay higher fees but al
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CART
Earnings
- 2/12/26 - Miss
CART
Sec Filings
- 3/18/26 - Form 4
- 3/16/26 - Form 144
- 3/13/26 - Form 4
- CART's page on the SEC website