Amazon Tops Fortune 500, Ending Walmart’s 13-Year Run at No. 1
Amazon officially replaced Walmart as the top-ranked company on the Fortune 500 after strong revenue performance in fiscal 2025. The change reflects Amazon’s growing market strength in e-commerce and cloud services.
What are the key facts?
- 1Ranking basis: Fiscal 2025 revenue
- 2Historical significance: Amazon surpassed Walmart for the first time, ending its 13-year streak
- 3Industry context: Continued expansion in retail and cloud services
What happened?
According to the latest Fortune 500 ranking, Amazon ended Walmart’s 13-year reign at the top based on its fiscal 2025 revenue performance. Although Amazon faces controversy over AI data-center investment and layoffs, growth in AWS and strong advertising performance supported its industry position.
What does this mean for cross-border sellers?
Amazon’s platform position has strengthened further. Sellers should continue developing their Amazon businesses while monitoring how investment in AI and logistics infrastructure affects operating costs.