The World’s 30 Largest Companies By Revenue In 2026

The World’s 30 Largest Companies by Revenue in 2026

Amazon has surpassed Walmart to become the world’s largest company by annual revenue, ending Walmart’s more than decade-long run at the top of the global ranking.

This graphic highlights the world’s 30 largest companies by revenue in 2026 using the latest available data from the Fortune Global 500. Annual revenues correspond to the most recent fiscal year ending on or before March 2026.

The Retail Giants of America

Just $3.7 billion separates Amazon and Walmart at the top of the ranking. Amazon generated $716.9 billion in annual revenue, narrowly edging out Walmart at $713.2 billion.

Walmart, the world’s largest private employer, had held the top spot in the global revenue ranking for more than a decade.

The table below ranks the world’s 30 largest companies by revenue as of 2026.

Rank	Name	Revenues (billions $)
1	Amazon	716.9
2	Walmart	713.2
3	State Grid	555.4
4	UnitedHealth Group	447.6
5	Saudi Aramco	445.5
6	Apple	416.2
7	McKesson	403.4
8	Alphabet	402.8
9	CVS Health	402.1
10	China National Petroleum	401.9
11	Berkshire Hathaway	371.4
12	Sinopec Group	364
13	Volkswagen	363.1
14	Toyota Motor	336.3
15	ExxonMobil Holdings	332.2
16	Cencora	321.3
17	China State Construction Engineering	289.9
18	Microsoft	281.7
19	JPMorgan Chase	280.3
20	Costco Wholesale	275.2
21	Cigna Group	274.9
22	Shell	273.7
23	Hon Hai Precision Industry	260.1
24	Glencore	247.5
25	Trafigura Group	240.3
26	Samsung Electronics	234.7
27	Cardinal Health	222.6
28	Nvidia	215.9
29	Industrial & Commercial Bank of China	210.6
30	Meta Platforms	201

Amazon’s growth increasingly extends beyond online retail. Amazon Web Services (AWS), digital advertising, and other businesses have helped diversify its revenue base and contributed significantly to profits.

That business mix also helps explain why Amazon is significantly more profitable than Walmart despite the two companies now generating nearly identical annual revenue.

The United States of Revenue

The U.S. accounts for 15 of the 30 companies in the ranking, including seven of the top 10. Beyond Amazon and Walmart, the country’s largest companies by revenue span healthcare, technology, energy, and finance.

UnitedHealth Group generates $448 billion in annual revenue, while tech giants Apple and Alphabet bring in $416 billion and $403 billion, respectively. Other major retailers also appear in the ranking, including Costco.

Combined, the strong showing for U.S. companies means North American firms generated 60% of the $10.5 trillion in total revenue represented by the world’s top 30 companies.

State-Owned Revenues in 2026

State Grid Corporation of China, an electricity utility and the world’s largest state-owned enterprise (SOE), generated $555 billion in revenue, more than any other non-U.S. company. However, State Grid is not the only SOE to appear among the world’s top 30.

Fellow Chinese firms China National Petroleum Corporation ($402 billion), Sinopec ($364 billion), and China State Construction Engineering Corporation ($290 billion) were all market leaders in their respective industries.

Outside of China, Saudi Aramco generated $446 billion in revenue, more than any other company in Europe, the Middle East, or Africa.

Learn More on the Voronoi App

To learn more about how the U.S. retail giants compare in annual sales, check out Which Are the Biggest Retailers in the U.S.? on Voronoi.