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Amazon vs Walmart: who makes more money?
Amazon is bigger: $717 billion in revenue against $713 billion for Walmart, about 1.0 times as much. It also keeps more of each sale: $10.83 of every $100 versus $3.07. Across 5 rounds from their latest annual reports, Amazon wins 5.
From each company's latest Form 10-K: Amazon (year ended December 31, 2025) and Walmart (year ended January 31, 2026). Page updated November 8, 2026.
Revenue Money coming in
Net profit After every cost and tax
Kept per $100 of sales Profit margin
Employees As each 10-K states it
Revenue per employee Revenue ÷ employees
Growth over 5 years Revenue, first to latest year shown
How each one makes its money.
AmazonAmazon sells things online, takes a cut when other sellers use its store, rents out computing power (AWS), and sells ads and Prime.
How Amazon makes moneyWalmartWalmart sells groceries and general goods at low margins in huge volume, through Walmart U.S., Sam's Club and stores abroad.
How Walmart makes moneyQuick answers.
Who makes more money, Amazon or Walmart?
Amazon: $717 billion in revenue against $713 billion.
Which is more profitable, Amazon or Walmart?
Amazon keeps more of each dollar ($10.83 of every $100). In total profit, Amazon made more: $77.7 billion.
Which has more employees, Amazon or Walmart?
Walmart, with about 2,100,000 against 1,576,000.
Sources: Amazon.com, Inc. Form 10-K and Walmart Inc. Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.