Amazon Edges Walmart for No. 1 on 2026 Fortune 500 With $717B vs $713B Revenue
Amazon displaced Walmart to claim the top spot on the annual ranking of U.S. companies by revenue. The list was released June 3, 2026.
cordcuttersnews.comAmazon reported $717 billion in revenue for fiscal year 2025 and took the top spot on the 2026 Fortune 500, ending Walmart's 13-year reign at number one. Walmart reported $713 billion for the same period. The 2026 Fortune 500 list was released online on June 3, 2026.
U.S. companies, public and private, by revenue. Companies must file financial statements with a government agency to be eligible. 5 billion.
Twelve new companies appeared on the list for the first time, including Galaxy Digital, Medline, Amentum Holdings, and Venture Global. The combined revenue of all Fortune 500 companies reached $21 trillion. Their combined market value reached $55 trillion, a 19 percent increase from the prior year.
General Motors ranked No. 21 on the 2025 Fortune 500 with nearly $185 billion in revenue. ExxonMobil ranked No. 9 on the 2026 list. It has remained on the Fortune 500 every year since 1955, as have Pfizer, Merck, PepsiCo, Coca-Cola, Kraft Heinz, and General Mills.
Fewer than 50 companies have appeared on the list continuously since its launch. More than 1,800 companies have appeared on the Fortune 500 during its 72-year history. The list was first published in 1955 by Edgar P. Smith, Fortune's former Assistant Managing Editor. 8 billion in revenue. Women currently run a record 11 percent of Fortune 500 companies.
In 2022, women ran 52 companies for the first time, exceeding 10 percent. The list had a record high of 10 Black CEOs last year, representing 2 percent of the companies; those firms generated $412 billion in total revenues in 2024. Katharine Graham became the first woman CEO of a Fortune 500 company in 1972 at the Washington Post.
Clifton Wharton became the first Black CEO at TIAA, and Ursula Burns became the first Black woman CEO at Xerox in 2009. Texas unseated California as the state with the most Fortune 500 companies in 2026. 8 trillion in revenue.
7 trillion in revenue. Amazon first appeared on the Fortune 500 in 2002 at rank No. 492. Walmart first reached No. 4 in 1995. Mobil merged with Exxon in 1999; the combined company is now ExxonMobil.
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