Walmart vs. Amazon: A Comparative Analysis
Walmart (NASDAQ: WMT) operates over 10,000 retail stores, leveraging this extensive network to provide same-day delivery and lower shipping costs. Although Walmart is poised to reach a $1 trillion market cap this year, it reported 5.8% year-over-year revenue growth. In contrast, Amazon (NASDAQ: AMZN) achieved a 10% increase in its online store sales, bolstered by diversification into sectors like cloud computing and online advertising.
Amazon’s cloud segment, Amazon Web Services, generated $33 billion in Q3 2025, contributing to its overall revenue of $180.2 billion, while its advertising revenue of $17.7 billion constitutes nearly 10% of total revenue. Walmart’s advertising business, which grew 53% year-over-year, accounted for only $4.4 billion of $681 billion in fiscal 2025, representing less than 1% of total sales.
While Walmart currently dominates logistics, Amazon’s faster revenue growth and diversification positions it favorably for the future, suggesting a potential shift in investor sentiment by 2026.
