New York, June 14, 2026, 10:14 EDT
- Amazon took the top spot from Walmart on the 2026 Fortune 500, breaking Walmart’s 13-year streak at No. 1.
- Erie Insurance moved up to No. 308. New Jersey had 15 companies with headquarters making the list.
- Over 20 companies from Massachusetts and Rhode Island landed on the list, with the revenue cutoff now at $7.5 billion.
Amazon has moved into the top spot on Fortune’s 2026 list, unseating Walmart for the first time in over ten years. The 72nd Fortune 500 ranked U.S. companies by revenue, with the group posting $21.0 trillion in revenue, $2.1 trillion in profits and a total headcount of 30.5 million globally.
The shift goes beyond just the national leaderboard, pointing to how regional business hubs are still key for the country’s biggest revenue producers. In the last several days, reports from Pennsylvania, New Jersey and New England have shown that insurers, drugmakers, retailers, and health care companies continue to give the major East Coast states a strong spot on the list.
Erie Insurance moved up to No. 308 on the 2026 Fortune 500, up 15 spots from No. 323 last year, the company said. The Erie, Pennsylvania insurer said the list ranks firms by total revenue for the 2025 fiscal year. Erie has made the Fortune 500 since first entering in 2003.
Erie Insurance CEO Tim NeCastro pointed to customer trust after the company’s latest ranking, saying it “reflects the trust our customers place in ERIE.” Erie works with independent agents in 12 states and Washington, D.C., a setup that’s kept it among the top U.S. companies by revenue. erieinsurance.com
Health care and financial firms drove New Jersey’s results. AOL, citing the Asbury Park Press, reported 15 New Jersey-based names on the 2026 Fortune 500. Johnson & Johnson of New Brunswick took No. 42 with $94.2 billion in revenue, Merck from Rahway was at No. 66 with $65.0 billion, and Prudential Financial, Newark, landed at No. 74 on $60.8 billion.
Bristol-Myers Squibb in Princeton was ranked No. 96 in the same New Jersey report, posting $48.2 billion in revenue. PBF Energy, based in Parsippany, came in at No. 150 with $29.3 billion. The state remains heavy on pharmaceuticals, health services, insurance and energy.
More than 20 firms from Massachusetts and Rhode Island landed on this year’s list, the Boston Business Journal reported, per NBC10 Boston. The cutoff for the 2026 ranking was $7.5 billion in revenue. TJX dropped three spots to No. 79, according to the Journal’s social posts, while Boston Scientific jumped 26 places.
The latest regional data gives a look at how the Fortune 500 still gets watched by business leaders around the country. It’s used as both a national ranking and a rough map of where the biggest companies operate. Amazon’s surge to the top, gains for Erie Insurance, New Jersey’s 15 companies, and strong showings from health care and retail firms in New England all show changes in the mix. The 2026 list shows digital commerce pushing forward across the U.S., while large regional players hold their own.
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