Fortune Global 500

The corporations on our annual list of the world's 500 largest companies combined to generate $43.1 trillion in revenue in 2025, up 3.2% from the previous year. Together, they employ 70.2 million people, and their revenue represents more than one-third of the world’s GDP. The Global 500 earned $3.39 trillion in profit in its most profitable year ever. Amazon topped our annual ranking of the biggest companies in the world by revenue, ending Walmart’s 12-year run. AI chipmakers Nvidia and Taiwan Semiconductor leaped, respectively, 38 spots to No. 28, and 44 spots to No. 82. The semiconductors and electronic components industry's rise also brought Netherlands-based ASML onto the list at No. 453 for the first time. Chinese tech companies Tencent and Alibaba rose, respectively, 19 spots to No. 97 and seven spots to No. 56. But the gains weren’t confined to upstart tech: Health care colossus McKesson, one of 138 companies that have been on the list since 1995, also broke into the top 10, at No. 7.