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World's largest companies by revenue

Amazon topped the 2026 Fortune Global 500 with $716.9 billion in revenue, edging Walmart's $713.2 billion in the first change at #1 since 2020.

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What the data shows

  • Amazon ranks #1 with $717B, ahead of Walmart ($713B) and State Grid ($555B).

About this chart

Amazon took first place on the 2026 Fortune Global 500 with $716.9 billion in revenue, just $3.8 billion ahead of Walmart at $713.2 billion. Walmart had held the top spot on every list from 2020 to 2025, so this is the first change at #1 in that span. Amazon was ninth on the 2020 list at $281 billion, then ranked third in 2021 and second in 2022.

State Grid of China is third at $555.4 billion, followed by UnitedHealth Group ($447.6 billion) and Saudi Aramco ($445.5 billion). Aramco's revenue was $480.2 billion on the 2025 list and $603.7 billion on the 2023 list. Apple ($416.2 billion) leads a tightly packed group of McKesson, Alphabet, CVS Health and China National Petroleum, all between $401.9 billion and $403.4 billion. Revenue is each company's latest fiscal year as used by Fortune.

The data

Source: Fortune Global 500 (2026 list, published 2026), top 10 as tabulated on Wikipedia 'Fortune Global 500'. Retrieved November 4, 2026. Static ranking: revenue for each company's most recent fiscal year as used by Fortune (mostly fiscal 2025). Amazon, Apple and Alphabet figures match their SEC 10-K revenue. Fortune's source page is fortune.com/ranking/global500/2026/.

World's largest companies by revenue, Fortune Global 500 2026, top 10, revenue in $ billions, Revenue ($B)
DateAmazonWalmartState GridUnitedHealth GroupSaudi AramcoAppleMcKessonAlphabetCVS HealthChina National Petroleum
Revenue ($B)$717B$713B$555B$448B$446B$416B$403B$403B$402B$402B

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Frequently asked questions

What is the largest company in the world by revenue?

Amazon, with $716.9 billion in revenue on the 2026 Fortune Global 500, narrowly ahead of Walmart at $713.2 billion. The list ranks companies by revenue, not by profit or market value.

Who was number one before Amazon?

Walmart was #1 on every Fortune Global 500 list from 2020 to 2025. Amazon's first place on the 2026 list is the first change at the top in that span.

Where does this data come from?

Fortune Global 500 (2026 list, published 2026), top 10 as tabulated on Wikipedia 'Fortune Global 500'. Retrieved November 4, 2026. Static ranking: revenue for each company's most recent fiscal year as used by Fortune (mostly fiscal 2025). Amazon, Apple and Alphabet figures match their SEC 10-K revenue. Fortune's source page is fortune.com/ranking/global500/2026/. You can download the full table as a CSV from this page.

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