Amazon Overtakes Walmart with $717 Billion in 2025 Sales
Amazon’s $717 billion annual sales in 2025 mark the first time in over a decade that Walmart has been dethroned as the top revenue-generating retailer.
Fact Check
Multiple high-authority and high-relevance primary sources consistently report Amazon's 2025 annual revenue as approximately $716.9–717 billion. These sources also explicitly state that Amazon's sales exceeded Walmart's sales for the same year, with specific figures placing Walmart's 2025 revenue in the $712 billion range. The data is presented as coming directly from Amazon's 2025 annual report and corroborated by reputable finance-related summaries and industry reports. There is no contradictory evidence suggesting Walmart's sales surpassed Amazon's in 2025, and the small variance between $716.92 billion and $717 billion appears to be due to rounding. The consistency across multiple independent sources with authoritative credibility strongly supports the truthfulness of the statement.
Summary
Amazon reported $717 billion in sales for 2025, surpassing Walmart’s $713.2 billion for the fiscal year ending January 31. This historic milestone ends Walmart’s decade-long dominance in global retail revenue rankings. Amazon’s rise reflects continued growth in e-commerce, physical stores, cloud services, and international markets, while Walmart’s figures highlight its strong brick-and-mortar presence. The shift underscores the transformative impact of digital retail models on traditional market leaders.
Terms & Concepts
- Revenue: The total income generated by a company from its business activities, before expenses are deducted.
- Fiscal Year: A 12-month period used for accounting and financial reporting, which may not align with the calendar year.
- E-commerce: The buying and selling of goods or services over the internet, often involving electronic payment systems.