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In this Just the News article, Misty Severi reports that Amazon has overtaken Walmart as the top company on the Fortune 500 list by revenue, ending Walmart’s 13-year run at No. 1.
- Amazon generated roughly $717 billion in revenue during fiscal year 2025, narrowly beating Walmart’s $713 billion.
- The Fortune 500 ranks America’s largest companies by revenue from the previous fiscal year.
- Walmart had held the top spot every year since 2013 before Amazon’s latest climb.
- Amazon’s rise reflects the scale of its sprawling business model, including e-commerce, cloud computing, advertising, and third-party seller services.
- Walmart remains dominant in traditional store-led retailing, but Amazon’s broader digital and service ecosystem pushed it ahead.
- UnitedHealth Group ranked third with $448 billion in revenue.
- Apple ranked fourth with $416 billion.
- Alphabet, Google’s parent company, rounded out the top five with $403 billion.
- The shift is another reminder that the American economy is increasingly being shaped by tech-driven giants, not just traditional retailers.
Read the full story: https://justthenews.com/politics-policy/finance/amazon-ends-walmart-13-year-reign-become-fortune-500s-top-company
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