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Amazon surpasses Walmart in annual revenue for the first time

This story was originally published on sister site, Modern Retail.

Amazon has eclipsed Walmart in annual revenue for the first time ever.

Amazon said earlier this month that it brought in $716.9 billion in revenue for 2025. That beat Walmart’s sales last year, which came in at $713.2 billion, the company reported on Thursday.

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Pitch deck: Why Amazon believes its premium streaming inventory is worth the money

In 2025, Amazon quietly cornered premium streaming inventory. This year, it’s touring the market, pitching advertisers on why that access is worth the check.

The latest pitch deck for Amazon DSP — the tech platform’s programmatic buying platform — makes that case plain.

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