Amazon achieved a historic milestone in 2025, announcing unprecedented revenues of $717 billion. With this number, Amazon surpassed Walmart, which achieved sales of $713 billion in the same period, ending Walmart’s 13-year dominance as the largest company in the world in terms of sales volume.
This great success of Amazon is attributed to the remarkable expansion in the fields of cloud computing and advertising. The Amazon Cloud Services (AWS) division achieved revenues of $129 billion, which contributed significantly to covering the losses incurred by the retail sector. In contrast, Walmart still relies primarily on sales from its traditional stores and its online platform, as these sales constitute more than 90% of its total revenues.
Despite its decline in the rankings, Walmart is experiencing a remarkable period of prosperity, with its market value exceeding the $1 trillion mark. In addition, the company moved its listing to the Nasdaq stock exchange, a move that reflects its increasing orientation towards technology. It also announced a growth in its sales in the United States by 4.6% during the last quarter, driven by middle- and upper-class families flocking to its stores to save money.
