New York, June 15, 2026, 04:53 (EDT)
Amazon has taken the No. 1 spot on the 2026 Fortune 500, Fortune said, unseating Walmart after 13 years at the top. The change put Amazon ahead for the first time in more than a decade and drove shifts in regional tallies for Pennsylvania, New Jersey and New England. Fortune’s 72nd annual list put the collective revenue at $21.0 trillion, with profits at $2.1 trillion and a workforce of 30.5 million worldwide.
Erie Insurance traded higher. The insurer out of Pennsylvania moved up 15 spots to No. 308 on the 2026 Fortune 500, now with 23 straight years on the list. Fortune listed Erie Insurance at $14.62 billion in revenue and $1.13 billion in profit. The company said its current streak on the Fortune 500 goes back to 2003.
New Jersey landed 15 companies on the list, Asbury Park Press said. Meadowlands Media has the state’s Fortune 500 firms bringing in nearly $442 billion in total revenue, and employing close to 961,000 people. Johnson & Johnson, Merck, Prudential Financial, Bristol Myers Squibb and PBF Energy remain at the top.
More than 20 firms from Massachusetts and Rhode Island secured spots on the list, with $7.5 billion in revenue needed to make the cut, the Boston Business Journal reported, per NBC Boston. CVS Health of Woonsocket, Rhode Island, landed at No. 6, dropping one place from last year’s 2025 ranking. Boston Scientific is now No. 222, up 26 spots, with $20.07 billion in sales. TJX dropped three spots to No. 79, according to the Boston Business Journal.
The list ranks companies by revenue, not local hiring or spending, but still gives a sense of corporate size. This year, insurance, health care, pharma, retail, medtech, and financial firms continue to dominate in the Northeast. Amazon moved ahead of Walmart, showing how e-commerce, cloud, and health care are still changing the group of top U.S. companies.
