Walmart became the first U.S. corporation to earn more than $100 billion in annual revenue.
Walmart passed the $100 billion annual-revenue mark in fiscal 1993, according to company history. The milestone reflected the scale of its discount-store model, which emphasized low prices, high sales volume, efficient logistics, and expansion across the United States.
Sam Walton opened the first Walmart store in Rogers, Arkansas, in 1962. The company grew from a regional retailer into a multinational business operating stores, warehouse clubs, e-commerce platforms, and related services. Its size has made Walmart one of the most closely watched companies in revenue rankings and a major publicly traded corporation by market value.
Revenue should not be confused with market capitalization or profit. Walmart’s sales can be enormous because it sells goods at high volume, while its market cap depends on the share price and shares outstanding. Rankings can change when companies report new fiscal years or when stock prices move.