Amazon overtakes Walmart as the world's largest company by annual revenue

¨     The year 2026 marked a historic corporate milestone when Amazon surpassed Walmart as the world's largest company by annual revenue.

¨     Amazon recorded revenues of $717 billion in fiscal year 2025, while Walmart's revenues were $713.2 billion in the 12 months ended January 31, 2026. Walmart had topped the global revenue list for more than a decade.

2025 Revenue Comparison: Amazon vs. Walmart

¨     Amazon: $717 billion (FY 2025)

¨     Walmart: $713.2 billion (as of January 31, 2026)

¨     This difference may seem small, but it represents a major shift in the global corporate landscape.

How did Amazon reach the top?

¨     Founded in 1994 by Jeff Bezos as an online bookstore, Amazon has expanded aggressively into several areas over time.