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Fortune
Fortune
Sasha Rogelberg

Amazon just dethroned Walmart in quarterly revenue for the first time ever with a bombshell $187.8 billion in sales

Andy Jassy speaking in front of a blue background (Credit: Noah Berger/Getty Images for Amazon Web Services)
  • Amazon surpassed its retail rival Walmart in quarterly sales for the first time ever. Walmart held the top spot in that department for over a decade. Amazon owes much of its success not only to its retail arm, but also to its AWS cloud computing.

For the first time ever, Amazon has passed Walmart in quarterly revenue, unseating Walmart from the top spot it’s held for over a decade.

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