Amazon and Walmart's Retail Race: Predictions for 2025

Amazon Surpasses Walmart to Lead Retail Revenue
In a noteworthy shift within the retail sector, ecommerce powerhouse Amazon.com Inc (NASDAQ: AMZN) has recently achieved a remarkable milestone by surpassing Walmart Inc (NYSE: WMT) in quarterly revenue, solidifying its position as the world's largest retailer for the time being.
Revenue Milestones: A Closer Look
During this latest reporting period, Amazon’s revenue surged to an impressive $187.79 billion, eclipsing Walmart's total of $180.55 billion for the same quarter. It is crucial to recognize that Amazon’s results are bolstered significantly by its AWS cloud services, which accounted for $28.8 billion of that quarter's revenue.
Poll Insights: Who Will Dominate by 2025?
To gauge public sentiment regarding these retail titans, a recent poll revealed substantial insights. When asked which retailer would emerge as the leader by the end of 2025, participants largely favored Amazon, with 48% anticipating that Amazon would take the lead, 34% expecting a tight race between the two, and only 18% predicting Walmart would come out ahead.
Understanding Market Dynamics
While Amazon currently leads in quarterly performance, it's important to note that overall fiscal performance for 2024 still favors Walmart. Amazon's total revenue for 2024 reached $638 billion, while Walmart retained a stronger position with $681 billion. This contrast illustrates the fluctuating nature of the retail market and the potential for shifts in quarterly performance every fiscal year.
Amazon’s Path Forward
If the trend continues, there's potential for Amazon to surpass Walmart consistently across more quarters. Should this pattern hold, by the end of the third quarter, Amazon could become the revenue leader based on trailing twelve months and gain notable recognition among investors.
Stock Performance Comparison
However, despite this optimistic outlook from the poll respondents, Amazon's stock performance has lagged behind Walmart's in early 2025. Year-to-date, Amazon stock has seen a decrease of 6.95%, while over the past year, it has risen by 15.5%. In contrast, Walmart shares have increased 8.4% in 2025 and soared an impressive 64.6% from the previous year.
Looking Ahead to Market Predictions
As market observers continue to analyze the implications of these trends, it seems there is a broader sense of confidence in the resilience of the S&P 500. Many predict robust returns for 2025, further reflecting a marketplace that remains active and optimistic about recovering from recent challenges.
Frequently Asked Questions
What are the major revenue figures for Amazon and Walmart for 2024?
Amazon reported $638 billion, while Walmart reported $681 billion for 2024.
What percentage of poll respondents believe Amazon will lead by 2025?
48% of respondents in a recent poll believe Amazon will lead.
How has Amazon's stock performed recently?
Amazon shares have declined 6.95% year-to-date in 2025, but are up 15.5% over the past year.
What factors contribute to Amazon's revenue?
A significant portion of Amazon's revenue comes from its AWS cloud service, contributing $28.8 billion in the recent quarter.
How does Walmart's stock performance compare to Amazon's?
Walmart's stock is up 8.4% year-to-date in 2025 and has risen 64.6% over the past year, outperforming Amazon's stock performance.
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