Amazon has secured the No. 1 position on the 2026 Fortune Global 500, becoming the world’s largest company by revenue for the first time. The company reported $716.9 billion in fiscal 2025 revenue, ending Walmart’s 12-year run at the top of the annual ranking. Consequently, Amazon reached a milestone that reflects its evolution from an online bookstore into a global leader in cloud computing, artificial intelligence, logistics, and digital services.
The Fortune Global 500 ranks the world’s largest corporations by annual revenue. This year’s 500 companies generated a combined $43.1 trillion in revenue and $3.39 trillion in profits while employing more than 70 million people worldwide. Moreover, U.S. companies strengthened their global presence with 141 firms on the list, the country’s highest representation in 18 years.
AI and AWS Continue to Fuel Growth
Amazon’s rise reflects strong performance across its core businesses, including e-commerce, Amazon Web Services (AWS), advertising, subscription services, and logistics. In particular, AWS continues to drive profitability while supporting the company’s expanding artificial intelligence ambitions. Therefore, Amazon has accelerated investments in AI infrastructure, custom silicon, and next-generation cloud services.
The company expects to invest approximately $200 billion in AI-related infrastructure during 2026. Those investments will expand AWS data centers, advance Trainium and Graviton processors, and strengthen generative AI capabilities for enterprise customers. As a result, Amazon aims to reinforce its leadership in cloud computing while meeting growing global demand for AI services.
Technology Companies Reshape Global Business
The latest Fortune Global 500 highlights the growing influence of technology companies across the global economy. Alphabet became the world’s most profitable company after surpassing Saudi Aramco with more than $132 billion in net profit. Meanwhile, the “Magnificent Seven” technology companies collectively generated approximately $2.3 trillion in revenue and $608 billion in profits during 2025.
Furthermore, the rankings illustrate how cloud computing, AI, semiconductors, and digital platforms continue to transform global business. Technology companies now compete not only through consumer products but also through enterprise infrastructure and AI ecosystems that support governments and businesses worldwide.
A Historic Milestone for Amazon
Amazon’s ascent to the top of the Fortune Global 500 marks a defining moment in the company’s history. Since its founding in 1994, Amazon has expanded far beyond online retail into cloud computing, healthcare, entertainment, logistics, satellite communications, and artificial intelligence. Consequently, its diversified business model has become a key competitive advantage in an increasingly digital economy.
As AI investment accelerates worldwide, Amazon appears well positioned to maintain its leadership. Therefore, continued spending on AWS infrastructure, generative AI, and advanced semiconductor technologies could shape the company’s next phase of growth while influencing the future of enterprise technology and global commerce.








