The Fortune Global 500 ranking reveals the world’s most powerful corporations, collectively generating an astounding $41.7 trillion in revenue. These corporate giants employ 70.1 million people worldwide and represent over one-third of global GDP. Let’s dive into the list of companies with highest revenue in 2025.
Fortune Global 500: Top Revenue Leaders
For the 20th time since 1995, Walmart claims the number one spot with an impressive $665 billion in revenue, making this its 12th consecutive year at the top. The retail behemoth continues to outperform competitors through its massive global footprint, strategic e-commerce expansion, and unmatched supply chain efficiency.
Amazon follows closely in second place with $638 billion, demonstrating the power of e-commerce and cloud computing. The tech giant’s dominance in online retail and AWS cloud services continues to fuel its massive revenue growth.
The Top Companies With Highest Revenue Breakdown
| Rank | Company | Industry | Revenue (Billions) |
|---|---|---|---|
| 1 | Walmart | Retail | $665 |
| 2 | Amazon | E-commerce/Tech | $638 |
| 3 | State Grid | Energy | $530 |
| 4 | Saudi Aramco | Oil & Gas | $487 |
| 5 | China National Petroleum | Oil & Gas | $483 |
| 6 | Sinopec Group | Oil & Gas | $471 |
| 7 | UnitedHealth Group | Healthcare | $401 |
| 8 | Apple | Technology | $391 |
| 9 | CVS Health | Healthcare | $378 |
| 10 | Berkshire Hathaway | Conglomerate | $365 |
Energy Sector Dominance
The energy sector’s strength is undeniable, with four oil and gas companies securing positions in the top 10. State Grid leads the energy companies at #3 with $530 billion in revenue, while Saudi Aramco dominates in profitability with $105 billion in net income despite ranking fourth in revenue.
Healthcare’s Rising Influence
Healthcare companies are making significant strides, with UnitedHealth Group and CVS Health both breaking into the top 10. This reflects the growing importance of healthcare services and the aging global population driving demand for medical services and pharmaceuticals.
Tech Companies on the Move
While Apple maintains its position at #8 with $391 billion in revenue, other tech companies are making dramatic leaps. Meta surged 25 spots to #41, while AI chipmaker Nvidia jumped an incredible 156 positions to #66, powered by explosive demand for artificial intelligence infrastructure. Chinese electric vehicle manufacturer BYD climbed 52 spots to #91, signaling the automotive industry’s electric transformation.
The Fortune Global 500 earned $2.98 trillion in profit, marking the second-most-profitable year ever. Finance companies alone generated $1 trillion of this total, showcasing the sector’s continued profitability.
These rankings demonstrate that while traditional retail, energy, and healthcare sectors remain revenue powerhouses, technology companies are rapidly ascending through innovation, digital transformation, and emerging technologies like AI.
FAQs
Which company has the highest revenue globally in 2025?
Walmart leads with $665 billion in revenue for the 12th consecutive year.
How much total revenue do Fortune Global 500 companies generate?
Combined, they generated $41.7 trillion in 2024, up 1.8% from the previous year.
