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M7K6YK Stack of Amazon Prime boxes, USA Jeramey Lende — Alamy Stock

Amazon cracked the top 10 for the first time, continuing its remarkable growth run: Sales have jumped some $70 billion in two years. Amazon’s enormity stems from its role as the largest U.S. digital retailer, the fastest-growing part of the market. Two other major factors drive the company’s growth: Expansion abroad to markets like India and the rise of Amazon Web Services, the company’s market-leading online storage and service operation. Amazon spends heavily to boost those sales: Faster delivery, robust entertainment, and robot-enabled warehouses are part of its increasingly ambitious plans. Amazon also began a North American competition for a second headquarters.

Key Metrics & Financials (Last Fiscal Year)

Previous Rank12
Revenues ($M)$177866
Revenue Percent Change30.8%
Profits ($M)$3033.0
Profits Percent Change27.9%
Assets ($M)$131310
Market Value — as of March 29, 2018 ($M)$700668

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Company Facts

IndustryInternet Services and Retailing
HQ LocationSeattle
CEOJeffrey P. Bezos
CEO Title-
Years on Fortune 500 List17

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