Amazon becomes Fortune 500's top company in terms of revenue, ending Walmart's 13-year reign

Amazon has officially dethroned Walmart as the top revenue-generating company on the Fortune 500 list, ending Walmart's 13-year reign. With a revenue of approximately $717 billion in the 2025 fiscal year, Amazon narrowly edged out Walmart, which brought in around $713 billion. This shift underscores Amazon's dominance in e-commerce and its broader impact on retail and global supply chains. The change is significant as it reflects not just corporate performance but also broader trends in consumer behavior and digital transformation.