Overview
- Amazon, which claimed the No. 1 spot on the Fortune 500 on Wednesday, reported more than $700 billion in revenue for fiscal 2025 and moved ahead of Walmart in the annual ranking.
- Company executives point to multiple revenue engines as the cause: AWS growth, a fast-expanding advertising business, and AI-related products that the CFO said are growing at triple-digit rates.
- Nvidia reached a market value above $4 trillion and is now the most valuable company on the list, showing how a few tech firms are concentrating market worth at the top of the Fortune 500.
- The 2026 Fortune 500 set records for scale with $21.0 trillion in combined revenues, $2.1 trillion in profits, $55 trillion in market value, and 30.5 million employees across the companies.
- The shift at the top changes corporate influence and could reshape competition, jobs and investment flows as platforms that bundle cloud, advertising and AI expand their reach.