--- description: Its shares were up by double digits in after-hours trading title: Amazon Is Now Worth More Than Walmart image: https://static.time.com/v3/assets/bltea6093859af6183b/bltd5bfacc0643084ec/6987ee5f428a9e07d0ccb403/amazon.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Retail](/tag/retail/) ## Retail Update your preferences in [Account Settings](/account/preferences/) Close # Amazon Is Now Worth More Than Walmart by [Benjamin Snyder / Fortune](/author/fortune/) ## Benjamin Snyder / Fortune Update your preferences in [Account Settings](/account/preferences/) Close Jul 23, 2015 9:03 PM CUT  A picture shows the logo of the online retailer Amazon dispalyed on computer screens in London on Dec.11, 2014. A picture shows the logo of the online retailer Amazon dispalyed on computer screens in London on Dec.11, 2014.Leon Neal—AFP/Getty Images by [Benjamin Snyder / Fortune](/author/fortune/) ## Benjamin Snyder / Fortune Update your preferences in [Account Settings](/account/preferences/) Close Jul 23, 2015 9:03 PM CUT Amazon’s market cap has risen past Walmart’s in after-hours trading Thursday after it posted earnings that topped estimates. On Thursday afternoon, Amazon’s shares were up nearly 17% as of 4:30p.m. EST to $563 per share from $482 at the market close. The boost put the e-commerce giant ahead of Walmart by market cap: Amazon’s market cap stands at approximately $250 billion versus Walmart’s at around $230 billion, according to [Quartz](http://qz.com/462605/amazon-is-now-bigger-than-walmart/ "undefined"). Amazon posted profit during the second quarter of 19 cents a share on $23.18 billion in revenue, according to CNBC. But Wall Street expected the site to actually lose 14 cents a share on $22.39 billion in revenue. Amazon Cloud sales also [surged during the quarter](http://fortune.com/2015/07/23/whoa-amazon-cloud-sales-up-nearly-82-in-second-quarter/ "undefined") and were up 82% year-over-year. Walmart is still the world’s largest company by revenue, and recently topped [the _Fortune_ Global 500](http://fortune.com/global500/ "undefined"). [Amazon.com Inc. – Earnings Surprise | FindTheCompany](http://listings.findthecompany.com/l/19215472/Amazon-com-Inc-in-Seattle-WA "undefined") _This_ [_article_](http://fortune.com/2015/07/23/amazon-tops-walmart/ "undefined") _originally appeared on_ [_Fortune.com_](http://www.fortune.com "undefined") ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3970321/amazon-walmart-worth/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3970321/amazon-walmart-worth/"},"headline":"Amazon Is Now Worth More Than Walmart","datePublished":"2015-07-23T21:03:03.000Z","dateModified":"2026-02-22T09:32:49.067Z","description":"Its shares were up by double digits in after-hours trading","url":"https://time.com/3970321/amazon-walmart-worth/","keywords":["Retail","Amazon","Walmart","Companies","pubdesk"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltd5bfacc0643084ec/6987ee5f428a9e07d0ccb403/amazon.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Benjamin Snyder / Fortune"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltd5bfacc0643084ec/6987ee5f428a9e07d0ccb403/amazon.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"BRITAIN-BUSINESS-RETAIL-AMAZON","caption":"BRITAIN-BUSINESS-RETAIL-AMAZON","creditText":"Leon Neal—AFP/Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/retail/","name":"Retail"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3970321/amazon-walmart-worth/","name":"Amazon Is Now Worth More Than Walmart"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"See The Unique Way Amazon Ships This Teddy Bear","description":"Go Behind the Scenes at Amazon to see how the products you buy make it to the shipping truck","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/IY8KG0y3/poster.jpg?width=720","uploadDate":"2014-12-01T04:19:45.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/IY8KG0y3.m3u8","embedUrl":"https://time.com/3970321/amazon-walmart-worth/","duration":"PT2M54S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/3970321/amazon-walmart-worth/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```