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Amazon surpasses Walmart in annual revenue for first time

Posted on 2/19/26 at 3:52 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
59431 posts
Posted on 2/19/26 at 3:52 pm
quote:

For the first time, Amazon has dethroned Walmart as the company with the largest annual revenue.

Walmart on Thursday reported annual revenue of $713.2 billion for its most recent fiscal year, shy of Amazon's $716.9 billion in revenue. The milestone was brewing for months, as Amazon leapfrogged Walmart in quarterly sales for the first time about a year ago.

The shuffle, while largely symbolic, underscores the battle the two retailers have waged both to define and keep up with ever-changing consumer preferences. They are kicking off a new chapter of that rivalry as artificial intelligence reshapes how companies operate, make money and drive sales.

Amazon rose to the top of the revenue pile by doing much more than running a sprawling online webstore and promising speedy delivery. While its core retail unit is its largest revenue generator, its huge cloud computing, advertising and seller services businesses also fuel its sales. Third-party seller services, which include commissions and fees collected by Amazon fulfillment along with shipping, advertising and customer support, accounted for about 24% of the company's total sales in 2025, according to its latest annual filing. Amazon Web Services was responsible for roughly 18%.

It wasn't Walmart's weakness that led it to lose its top spot, as its revenue has more than doubled in 20 years. The retailer has leaned on its more than 4,600 Walmart stores and roughly 600 Sam's Club locations in the U.S. to power its digital business, which grew by 27% in the U.S. in the fiscal fourth quarter and has posted double-digit percentage gains for 15 straight quarters.

That expansion came as Walmart riffed off the Amazon playbook and tried to position itself as a tech company as well as a retailer.


quote:

In many ways, Walmart's recent push to grow its third-party marketplace was an answer to the dominance of Amazon's platform. Even as it tries to catch up with Amazon in some areas, Walmart is trying to gain an edge in a new frontier.

Over the past few years, Amazon and Walmart have used different AI strategies to try to make their businesses more efficient and make their merchandise more appealing to shoppers.

Walmart struck a deal with OpenAI's ChatGPT in October and Google's Gemini in January to make its products easier to discover and buy. It also has its own AI-powered shopping assistant, Sparky. The virtual assistant, which looks like a smiley face, pops up on Walmart's app and can help shoppers find items.

Walmart, like many other companies, is in the early days of AI adoption, and it's unclear how the technology will affect its business long-term.



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Posted by olemc999
At a blackjack table
Member since Oct 2010
15193 posts
Posted on 2/19/26 at 4:05 pm to
Was only a matter of time.
Posted by IS_IT_GAMEDAY
Member since Aug 2018
1872 posts
Posted on 2/19/26 at 4:21 pm to
Looks like I'm joining the Amazon hierarchy at the right time.
Posted by Zchlsu
Twin Peaks, Washington
Member since Jan 2011
7505 posts
Posted on 2/19/26 at 4:28 pm to
Walmart's online shopping experience is actually miserable.
Posted by Goldensammy
Cypress, TX
Member since Jun 2016
972 posts
Posted on 2/19/26 at 4:46 pm to
quote:

Walmart's online shopping experience is actually miserable.


I've found myself using it more and more over Amazon. Tuesday ran out of dog food. Walmart was cheaper than Amazon. Free next day delivery with Walmart vs 2-day Amazon. Unlike Amazon, no monthly fee w/Walmart. I don't have the paid service (Walmart+ or whatever it's called). Hard to beat for standard household items.
Posted by LegendInMyMind
Member since Apr 2019
73197 posts
Posted on 2/19/26 at 4:51 pm to
And then there is poor Sears (& Roebuck), the company that was Amazon a hundred and two years before Amazon was founded.

Pour one out for being able to mail order a whole damn house.
This post was edited on 2/19/26 at 4:52 pm
Posted by THRILLHO
Metry, LA
Member since Apr 2006
50327 posts
Posted on 2/19/26 at 4:59 pm to
quote:

I've found myself using it more and more over Amazon.


Same. I have both the Walmarks+ and Prime, and I'm probably going to cancel Prime once I'm up for renewal. Shipping is faster for most everything, and the grocery delivery options are much better than Amazon's. Those might cost me 25-30% extra for the tip, but I'm mostly happily to spend that to not have to walk into a grocery store.

It kind of sucks, but if you want reliable Walmarks grocery deliveries, it's best to use the express option that adds around $6. It's not about the speed, it's the fact that the same person will handle both the shopping and delivery. When it's separate, they put the groceries aside in a "to-be-delivered" area and shite gets "lost" or mixed up with other orders. The express option is much more accurate.
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
37820 posts
Posted on 2/19/26 at 5:00 pm to
quote:

Looks like I'm joining the Amazon hierarchy at the right time.
I actually just canceled Prime after years of using it.

The value proposition eroded. “Next day” and “two day” shipping started turning into vague estimates that quietly shifted after checkout. The whole reason to pay for Prime was predictability. Once that became soft, the subscription stopped making sense.

On top of that, the marketplace has turned into a roulette wheel of third party sellers. Counterfeit electronics, mislabeled parts, inconsistent quality control. Refunds are easy, sure, but refunds don’t give you back time or certainty. If I’m ordering something for a project, I need it to be the right part, delivered when promised. Not “probably close enough.”

Customer service also feels optimized for containment instead of resolution now. More loops, fewer humans. Meanwhile, places like Digi Key or specialty retailers ship fast, answer real questions, and actually stand behind what they sell. When the smaller guys are more reliable than the logistics giant, that tells you something.

I just stopped paying for a service that no longer delivers what it originally sold. If you’re joining now, I hope you’re catching it on an upswing. From the outside, it feels like the machine is optimizing for itself more than the customer.
This post was edited on 2/19/26 at 5:08 pm
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
155846 posts
Posted on 2/19/26 at 5:21 pm to
quote:

Was only a matter of time.

Agreed. But it’s still impressive IMO.

I am kinda surprised that it took this long to happen. I guess that’s a testament to the power of a company like Walmart to hang onto the lead for this long.
Posted by Centinel
Idaho
Member since Sep 2016
45098 posts
Posted on 2/19/26 at 5:33 pm to
quote:

I actually just canceled Prime after years of using it.

The value proposition eroded. “Next day” and “two day” shipping started turning into vague estimates that quietly shifted after checkout. The whole reason to pay for Prime was predictability. Once that became soft, the subscription stopped making sense.


Depends on how close you are to a warehouse, and what part of the country you are in. I can get just about everything overnight, and a good chunk of stuff same-day delivery if I order in the morning with Prime. Walmart? Not so much.

Posted by Scoob
Near Exxon
Member since Jun 2009
23177 posts
Posted on 2/19/26 at 6:40 pm to
quote:

Depends on how close you are to a warehouse, and what part of the country you are in
maybe so
quote:

I can get just about everything overnight, and a good chunk of stuff same-day delivery if I order in the morning with Prime
I've had Prime for well over a decade, and have NEVER received same day delivery.
I ordered a mousepad and monitor mount on Saturday morning, was supposed to be next day delivery. Didn't come until Mardi Gras (Tuesday).

Ive got Walmart+ now, and have often got same day delivery from them. Order before 9, got it by noon.

If it's something I want fast and walmart has it nearby, it's a no-brainer
(I pick between 2 supercenters and a neighborhood market)
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
37820 posts
Posted on 2/19/26 at 6:50 pm to
quote:


Depends on how close you are to a warehouse, and what part of the country you are in. I can get just about everything overnight, and a good chunk of stuff same-day delivery if I order in the morning with Prime. Walmart? Not so much.
I was a short drive from Amazon's headquarters and within walking distance of a warehouse. Amazon quietly overhauled their shipping process last year to wait until they have similar deliveries moving the same way so they can combine them and at the same time changed the fine print on same day, one, and two-day shipping to "estimates."
Posted by Dixie2023
Member since Mar 2023
4845 posts
Posted on 2/19/26 at 7:03 pm to
WM grocery for used to be good. Lately, they’ve been missing an item, expired meat (for my dog), and last order was someone else’s that was delivered by WM, not an independent. They are quick on refunds for missing items. But it’s about to send me back to Zuppardos.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
18015 posts
Posted on 2/19/26 at 7:56 pm to
quote:

Walmart on Thursday reported annual revenue of $713.2 billion for its most recent fiscal year, shy of Amazon's $716.9 billion in revenue.


Chinese factories must be making it out like bandits.
Posted by greenbean
USAF Retired - 31 years
Member since Feb 2019
6229 posts
Posted on 2/19/26 at 7:57 pm to
Went to the WM in Flowood, MS (likely one of the better ones) to buy a battery for my car. I left work early so WM wouldn't be busy. I waited at the counter for 20 minutes, finally someone walked by and said, I'll get someone to help," I waited another 20 minutes and no one came. Went next door to Auto Zone, although I paid $20 more, I was in and out in 5 minutes.
This post was edited on 2/19/26 at 7:58 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471225 posts
Posted on 2/19/26 at 7:58 pm to
quote:

Depends on how close you are to a warehouse, and what part of the country you are in. I can get just about everything overnight, and a good chunk of stuff same-day delivery if I order in the morning with Prime. Walmart? Not so much.


I'm the opposite. With WM+, you can choose "shipping" on a lot of non-perishable items and get it delivered same day if you order early enough.

We don't have an Amazon warehouse close enough to even get next day
Posted by N2cars
Member since Feb 2008
38631 posts
Posted on 2/19/26 at 8:49 pm to
Amaxon sells the same bag of Community Coffee for $2+ a bag less than Rouses, and it is delivered to my house.



Why is that?
Posted by Scoob
Near Exxon
Member since Jun 2009
23177 posts
Posted on 2/19/26 at 9:48 pm to
quote:

Amaxon sells the same bag of Community Coffee for $2+ a bag less than Rouses, and it is delivered to my house.



Why is that?
bulk deals.

And right now Rouses has the breakfast medium roast whole bean 12 Oz for 6.99, while Amazon has it for 9.59.

I only buy whole bean. Winn Dixie used to run sales for 4.99 on that
Posted by THRILLHO
Metry, LA
Member since Apr 2006
50327 posts
Posted on 2/19/26 at 11:03 pm to
quote:

WM grocery for used to be good. Lately, they’ve been missing an item, expired meat (for my dog), and last order was someone else’s that was delivered by WM, not an independent. They are quick on refunds for missing items. But it’s about to send me back to Zuppardos.



Have you been doing regular orders, or the "rush" ones? Again, the extra $6 to get shite right sucks, but the rush orders work.
Posted by Dixie2023
Member since Mar 2023
4845 posts
Posted on 2/20/26 at 6:46 am to
Most have been non-rush / free delivery or a fee, and delivered by independents. But we always add a tip. I’ll give it a try on the rush and see what happens.
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