Amazon has reported higher annual revenue than Walmart for the very first time, marking a new phase in the long-running rivalry between the two American giants.
Walmart said Thursday that it generated $713.2 billion in revenue for its latest fiscal year, Fortune reported. Amazon, in its most recent filing, reported $716.9 billion. The gap is small. Still, it marks a huge change after decades of Walmart holding the top line lead.
This had been building. About a year ago, Amazon pulled ahead in quarterly sales. Now it has done so across a full year.

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)