Amazon surpassed Walmart to become the world's largest company by revenue for the fiscal year ending December 2025, reporting $717 billion versus Walmart's $713.2 billion for the 12 months ending Jan. 31, 2026, Bloomberg reported on Feb. 19, 2026. The lead is largely attributed to Amazon Web Services; without AWS the company's revenue would have been about $588 billion.
Key Points
- 1Reports show Amazon's 2025 revenue reached $717 billion, surpassing Walmart's $713.2 billion.
- 2AWS contributed roughly $129 billion to the total; without AWS Amazon's revenue would be $588 billion.
- 3Signals shift toward cloud-driven scale, affecting competitive strategy and investment priorities in retail and infrastructure.
Scoring Rationale
Strong industry-wide significance driven by AWS revenue shift; slight limitation due to business-focus rather than technical innovation.
Sources
Public references used for this report.
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