Costco's Membership Income Growth Reinforces Recurring Revenues

Key Takeaways COST's membership income rose 14% to $1,329M, driven by renewals and fee increases.Paid households grew 5.2% to 81.4M, with executive memberships up 9.1% to 39.7M.Membership renewal rates held strong at 92.2% in the U.S./Canada and 89.7% globally.Costco Wholesale Corporation’s (COST) first-quarter fiscal 2026 performance once again highlighted the strength of the membership business model. Membership income has been one of the company’s most resilient and predictable revenue streams. Membershi ...