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Amazon overthrows Walmart to become Fortune 500’s top company — ending superstore’s 13-year reign at the top

in Business
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An Amazon Prime delivery driver looks at their phone next to an Amazon Mubea U-Mobility E-Cargobike.
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Amazon has overtaken Walmart to claim the No. 1 spot on the Fortune 500, ending the retailer’s 13-year run at the top of the annual ranking of America’s biggest companies by revenue.

The latest list, based on fiscal 2025 revenue, puts Amazon in the top spot, followed by Walmart and UnitedHealth Group.


An Amazon worker delivers packages from a Amazon Mubea U-Mobility E-Cargobike in New York City on June 12, 2025. Christopher Sadowski

The front of a Walmart store with its blue and gray facade, a large "Walmart" sign, and cars parked in the foreground.
Walmart was at the top of the Fortune 500 list for 13 years. Christopher Sadowski

The shakeup marks the first time since 2013 that Walmart has not held the No. 1 position on the Fortune 500.

[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]

Tags: AmazonBusinessfortune 500walmart
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