Amazon Surpasses Walmart to Become World's Top Revenue GeneratorFri 20th Feb, 2026Amazon has secured its place as the highest-grossing company globally, overtaking Walmart after years of dominance in the retail sector. According to data from Bloomberg, Amazon generated annual revenues of $717 billion, surpassing Walmart's $713 billion. Amazon's revenue rose by 12 percent compared to the previous year, reflecting continued expansion in both its retail and cloud computing divisions. Amazon Web Services (AWS), the company's cloud infrastructure arm, remains a major driver of profitability and revenue, as global demand for cloud solutions accelerates. Walmart, while maintaining its position as a leading global retailer, concluded its fiscal year with a slight lag behind Amazon.


Source:   The Munich Eye
February 20, 2026 22:43 UTC