Amazon Dethrones Walmart as World's Biggest Company by Sales

Source: Slashdot

Amazon Dethrones Walmart as World’s Biggest Company by Sales

An anonymous reader shares a report: Amazon has officially dethroned Walmart as the biggest global company by revenue, a milestone attesting to the massive scale the e‑commerce and cloud‑computing giant has achieved since its humble beginnings in 1994 as an online bookseller in Jeff Bezos’ Seattle‑area garage.

Walmart, which had been the largest company by revenue for more than a decade, reported sales of $713.2 billion for the 12 months ending Jan. 31. Amazon, which operates on a fiscal year ending in December, earlier this month reported 2025 sales of $717 billion.

Bezos carefully studied Walmart founder Sam Walton, embracing many of his business strategies while building his company. Over the past decade, Amazon’s revenue has increased at almost ten times the pace of Walmart’s, fueled by a shift in consumer spending from stores to websites and its rapidly growing cloud‑computing business, Amazon Web Services.