As of Q1'26 (2025-11-23), Costco's cash and short-term investments reached 17.18B USD, while its debt dropped sharply to 2.44B USD. This marks a significant increase in liquidity and a substantial reduction in debt compared to previous quarters. Over the period from Q2'23 to Q1'26, Costco's cash and short-term investments generally trended upward, with notable peaks in Q1'24 and Q1'26. After a dip to 10.32B USD in Q2'24, cash levels rebounded strongly, especially in the last two quarters. In contrast, debt remained relatively stable around 8B–9B USD until Q4'25, before declining sharply in Q1'26, indicating a major deleveraging event and a strengthening balance sheet.