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  • 13 hours ago
Amazon surpassed Walmart in annual revenue for the first time, highlighting the growing scale of its retail and cloud businesses.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon reported annual revenue of $716.9 billion, surpassing Walmart's $713.2 billion
00:09and marking the first time Amazon has led in annual sales, according to CNBC.
00:15Amazon's retail unit remained its largest revenue driver, while third-party seller
00:19services accounted for about 24% of 2025 sales, and Amazon Web Services contributed roughly 18%.
00:27Walmart's revenue has more than doubled in 20 years, and its U.S. e-commerce sales
00:32rose 27% in the fiscal fourth quarter with 15 straight quarters of double-digit gains.
00:37Walmart relisted stock from the New York Stock Exchange to NASDAQ in early December and saw
00:42its market value surpass $1 trillion after rising more than 21% over the past year.
00:48For all things money, visit Benzinga.com.
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