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Fortune

Diane Brady

Bigger, richer, more concentrated: Inside the new Fortune 500

Fortune Diane Brady Nvidia Amazon Apple Walmart

(Credit: I-Hwa Cheng / AFP via Getty Images)

In today’s CEO Daily: Diane Brady reports on the biggest takeaways from this year’s list.
The big leadership story: Executives are debating whether to treat agents as colleagues.
The markets: Mixed globally after the S&P 500 closed at another record.
Plus: All the news and watercooler chat from Fortune .

Good morning. The 2026 Fortune 500 is out, and the numbers tell a story of an American corporate landscape that is bigger, more profitable, and more concentrated at the top than at any point in the list’s 72-year history. In aggregate, Fortune 500 companies generated a record $21 trillion in revenues—up 5%—and $2.1 trillion in profits, up 12%. Their combined market value hit $55 trillion, a 19% jump. Together, they represent two-thirds of U.S. GDP and employ 30.5 million people worldwide. The era of scale has never looked more like a competitive moat.

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