- Amazon’s recent quarterly revenue was $ 8 billion.
- Solid Holiday season 2024 Performance Travel Amazon -Figures
- Walmart continues to fight with the high cost of physical stores
It may be the world’s fourth most valuable company with a $ 2.36 trillion market capital, but Amazon has never been able to reach Walmart’s levels of quarterly revenue – so far.
In the three months ended on December 31, 2024, Amazon reported an increase of 10% over the year over the year to $ 187.8 billion, putting it ahead of Walmart ($ 180.6 billion) for the first time ever.
This despite the fact that the E -trading platform is about three times larger than Walmart, which has a valuation of $ 780.92 billion.
Amazon vs Walmart
Despite the historical moment, projections for 2025 suggest that the two companies could fight for it for months to come. Walmart’s full financial year projection is $ 708.7 billion, just a small jump ahead of the $ 700.8 prediction for Amazon.
When he talked about his earnings release, Amazon CEO Andy Jassy thanked the most successful holiday season yet for strong growth. Sky development within AWS also supported the corporate revenue connecting to $ 28.8 billion, or about 15% of the entire revenue.
Walmart CEO Doug McMillon said that “low prices, a growing range and an E trading business run by faster delivery times” all were responsible for strong results.
Although Walmart may have expanded to third -party market places, fulfillment services and advertising, its core business remains centered on personal shopping and maintenance of physical stores is expensive due to rising wages and other expenses.
To put the two companies’ revenue into perspective and to highlight what is at stake, Apple, the world’s most valuable business and one of three with a $ 3 trillion+ market capital, released $ 124.3 billion. Nvidia, the second most valuable company, released $ 35.1 billion and Microsoft, in position three, released $ 69.6 billion.
