TLDRAmazon overtook Walmart as America’s largest company by revenue, posting $716.9B vs Walmart’s $713.2B in 2025.Walmart had held the top spot since 2001; Amazon’s revenue grew 12.4% last year vs Walmart’s 4.7%.AWS grew 20% and now makes up 18% of Amazon’s total revenue.Amazon is targeting 11-15% growth next quarter; Walmart is guiding for 3.5-4.5%.Both companies now use AI shopping tools; Walmart says AI users spend 35% more per order.Amazon’s $716.9 billion in annual revenue for 2025 officially ended Walmart’s 25-year run as America’s largest company by revenue. Walmart reported $713.2 billion for its most recent fiscal year — a gap narrow enough to close, but a gap nonetheless.Amazon.com, Inc., AMZNWalmart first claimed the title in 2001 when it passed Exxon Mobil. It held the crown every year until now.The revenue difference is tight. But the growth rates tell a clearer story. Amazon grew 12.4% last year. Walmart grew 4.7%.How Amazon Got HereAmazon’s rise to the top wasn’t built on retail alone. While 90% of Walmart’s revenue still comes from stores and its website, Amazon draws from a much wider pool.AWS grew 20% and now accounts for 18% of total revenue. Third-party seller fees, advertising, and fulfilment services all add to the mix.Amazon also invested $4 billion to build same-day delivery hubs across rural America. It expanded same-day grocery delivery to more than 2,300 towns last year. The company says 100 million customers ordered items for same-day delivery in 2025.Amazon’s U.S. retail market share now sits at around 9%, up from roughly 6% before the pandemic. Walmart’s share is approximately 7.6%, largely flat over the same period.Walmart Isn’t Standing StillWalmart extended same-day delivery to 95% of U.S. households and widened its marketplace seller lineup. Around 72% of U.S. households bought groceries at Walmart in the past month, per a December 2025 Dunnhumby survey — a 6 percentage point jump from the prior year.Internally, Walmart had been preparing for this moment for years. The company quietly dropped “Fortune 1” from most job listings and shifted its messaging toward becoming “America’s favorite place to shop.”CEO John Furner told analysts Thursday: “The future is fast, convenient and personalized.”Both companies have rolled out AI shopping assistants. Walmart says customers using its AI tool spend around 35% more per order.What’s NextAmazon closed several physical grocery stores earlier this year but confirmed plans to open new Whole Foods locations. It also plans a large-format store near Chicago selling groceries, clothing, and home goods — a format that looks a lot like Walmart’s playbook.For the next quarter, Walmart is guiding for 3.5-4.5% net sales growth. Amazon is targeting 11-15%.The post Amazon (AMZN) Stock: How the Company Finally Knocked Walmart Off America’s Top Spot After 25 Years appeared first on Blockonomi.