Will Costco say “Membership”?
Costco said “Membership” 43 times on its Sep 24, 2026 call (FY26 Q4), and on each of its last 8 calls: 20, 21, 12, 45, 25, 23, 31, 43 times. As of Oct 24, 2026, Costco said “Membership” on 4 of 4 calls with a settled Kalshi or Polymarket mention market since Sep 25, 2025 (100%), most recently on May 28, 2026. Parrot’s p for the next listing is 98% (n=4, from settlement history blended with transcripts), not a forecast.
- Last 10
- 4/4Last 10 settled, oldest to newest: yes yes yes yes
- Streak
- said the last 4 times
- Counts
- company speakers + operator
- Market
- 93¢ Kalshi (may be delayed)
Where it was said
quotes of at most 25 words; select an appearance
Costco
Membership
- Probability
- 98% · n=4
- Settled
- 4/4 (100%)
- Last calls
- said in 8 of 8
Next listing counts: company speakers + operator
Counts: company speakers + operator (not listed here; the usual rule)
43 counted (13 in prepared remarks, 30 in Q&A); 7 by speakers the rule does not count.
…mostly incremental, with limited impact on our core warehouse grocery business. Our membership continues to be the most important item we sell, and the additional…
…price inflation and changes in FX. Moving down the income statement to membership fee income. We reported membership fee income of $1.849 billion, an increase…
Counts: company speakers + operator
31 counted (11 in prepared remarks, 20 in Q&A); 4 by speakers the rule does not count.
…have made include improvements to the mobile wallet, the introduction of digital membership card quick access on the Costco app, and the rollout of our…
…price inflation and changes in FX. Moving down the income statement to membership fee income. We reported membership fee income of $1.373 billion, an increase…
Counts: company speakers + operator
23 counted (9 in prepared remarks, 14 in Q&A); 5 by speakers the rule does not count.
…price deflation and changes in FX. Moving down the income statement to membership fee income. We reported membership fee income of $1.355 billion, an increase…
Every settled listing
newest first · 5 shown| Date | Listed as | Venue | Result | Our count |
|---|---|---|---|---|
| May 28, 2026 | Membership |  Kalshi | Yes | 31 |
| Mar 5, 2026 | Membership | Kalshi | Yes | 23 |
| Dec 11, 2025 | Membership |  Polymarket | Yes | 28 |
| Dec 11, 2025 | Membership | Kalshi | Yes | 25 |
| Sep 25, 2025 | Membership | Kalshi | Yes | 45 |
Questions
- How many times did Costco say “Membership” on its last earnings call?
- Costco said “Membership” 43 times on its Sep 24, 2026 call (FY26 Q4), and on each of its last 8 calls: 20, 21, 12, 45, 25, 23, 31, 43 times.
- How often does Costco say “Membership”?
- As of Oct 24, 2026, Costco said “Membership” on 4 of 4 calls with a settled Kalshi or Polymarket mention market since Sep 25, 2025 (100%), most recently on May 28, 2026.
- What is the probability Costco says “Membership” next time?
- 98%, from settlement history blended with transcripts (n=4). It is a base rate from history, not a forecast and not advice.
- Who has to say it for the market to count?
- Under the next market's rule: company speakers + operator.
Cite parrot.markets, “Costco: ‘Membership’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/COST/words/membership (CC BY 4.0)
Agents: this page as TSV at /api/v1/word?entity=costco&word=membership · quotes: /api/v1/quotes?entity=costco&word=… · columnar JSON in #parrot-data · llms.txt · MCP