Top 25 Companies by Revenue in 2025

Introduction

Top companies by revenue offer a fascinating snapshot of global power from an economic point of view, industry dominance, and shifting business landscapes. The world’s highest-earning organizations are not just market giants; they transform supply chains, influence technology adoption, and drive employment across continents.

The 2025 top revenue-generating companies highlight the continued strength of retail giants, energy conglomerates, technology innovators, healthcare distributors, and financial institutions. Below is a quick look at the top 25 companies and what fuels their enormous scale.

Company Highlights

1. Walmart – (United States, Retail) – $680.99 billion
   The world’s largest retailer continues to dominate through its vast global store network, supply chain efficiency, and growing e-commerce capabilities.
2. Amazon – (United States, Internet/Retail) – $637.96 billion
   A powerhouse spanning e-commerce, cloud computing, and digital services, Amazon’s diversified model drives exceptional revenue growth.
3. State Grid Corporation of China – (China, Energy/Utilities) – $548.41 billion
   One of the largest utilities globally, State Grid benefits from China’s massive energy infrastructure and investment.
4. Saudi Aramco – (Saudi Arabia, Oil & Gas) – $480.19 billion
   A global energy leader with unmatched oil reserves, Aramco’s scale and production capacity sustain its revenue strength.
5. China National Petroleum Corporation (CNPC) – (China, Oil & Gas) – $412.65 billion
   CNPC remains a dominant force in upstream and downstream energy operations across China and international markets.
6. Sinopec Group – (China, Oil & Gas) – $407.49 billion
   Specializing in refining and petrochemicals, Sinopec’s integrated operations support consistent high revenues.
7. UnitedHealth Group – (United States, Health Insurance) – $400.28 billion
   A healthcare and insurance giant, UnitedHealth leverages technology, analytics, and scale in health services.
8. Apple – (United States, Technology) – $391.04 billion
   Driven by premium consumer electronics and a rapidly expanding services ecosystem, Apple maintains extraordinary revenue performance.
9. CVS Health – (United States, Healthcare/Pharmacy) – $372.81 billion
   A vertically integrated healthcare provider combining pharmacy services, insurance, and care delivery.
10. Berkshire Hathaway – (United States, Conglomerate) – $371.43 billion
    A diversified conglomerate benefiting from investments, insurance operations, and ownership of multiple major businesses.
11. McKesson – (United States, Healthcare Distribution) – $359.05 billion
    A critical player in pharmaceutical and medical distribution, McKesson operates at the heart of global healthcare logistics.
12. Volkswagen Group (Germany, Automotive) – $351.09 billion
    One of the world’s largest automakers, Volkswagen benefits from a broad brand portfolio and global reach.
13. Alphabet (Google) – (United States, Technology/Internet) – $350.02 billion
    Advertising, cloud computing, and digital services fuel Alphabet’s consistent revenue expansion.
14. Exxon Mobil – (United States, Oil & Gas) – $349.59 billion
    A long-standing energy leader with strong upstream, downstream, and chemical business segments.
15. Toyota Motor Corporation – (Japan, Automotive) – $315.11 billion
    Renowned for operational excellence and global production scale, Toyota remains a dominant automotive player.
16. China State Construction Engineering – (China, Construction) – $304.12 billion
    A major beneficiary of infrastructure and urban development projects within China and internationally.
17. Cencora (formerly AmerisourceBergen) – (United States, Healthcare Distribution) – $293.96 billion
    A leading pharmaceutical distributor playing a vital role in healthcare supply chains.
18. Shell – (United Kingdom, Oil & Gas) – $289.03 billion
    A global energy and petrochemical company with diversified operations across traditional and renewable energy.
19. JPMorgan Chase – (United States, Banking/Finance) – $278.91 billion
    One of the largest financial institutions worldwide, driven by banking, investment services, and asset management.
20. Costco Wholesale – (United States, Retail (Wholesale)) – $254.45 billion
    Membership-driven retailing combined with high inventory turnover supports strong revenue generation.
21. Cigna – (United States, Health Insurance) – $247.12 billion
    A major health services and insurance provider expanding through digital healthcare solutions.
22. Microsoft – (United States, Technology) – $245.12 billion
    Cloud computing, enterprise software, and AI solutions power Microsoft’s massive global revenues.
23. Trafigura Group – (Singapore, Commodities Trading) – $243.20 billion
    A leading commodities trading firm facilitating global energy and raw material flows.
24. Glencore – (Switzerland, Commodities/Mining) – $230.94 billion
    Operating across mining and commodity trading, Glencore benefits from global resource demand.
25. Cardinal Health – (United States, Healthcare Distribution) – $226.83 billion
    A key healthcare distributor supporting hospitals, pharmacies, and medical providers worldwide.

Top 25 Companies by Revenue in 2025: