Amazon's Market Cap

Amazon has a market capitalization of about $2.84 trillion in 2026, the fifth most valuable company in the world. Amazon first touched $1 trillion intraday on September 4, 2018, the second US company to reach that mark, though the durable crossing came in early 2020. It slipped back below $1 trillion during the 2022 bear market and reclaimed it in February 2025. AWS cloud, retail and a fast-growing advertising business drive the value. See where it ranks today on the Kilocorn Club.

Amazon's road from $1 trillion to $2.84 trillion

Amazon's path was not a straight line. It first touched $1 trillion on September 4, 2018, held the level for good from early 2020, then dropped below it in the 2022 bear market. It reclaimed $1 trillion in February 2025 and runs near $2.84 trillion in 2026. Compare it with the rest of the most valuable companies.

What drives Amazon's value

Three businesses do the heavy lifting. AWS is the largest cloud platform in the world and produces most of the company's operating profit. Retail provides scale and reach across hundreds of millions of customers. Advertising has grown into one of the biggest ad businesses on earth and carries high margins. Together they pulled Amazon back above $1 trillion and on toward $3 trillion, still behind Apple's market cap at the top of the table.

How big Amazon is next to whole economies

At $2.84 trillion, Amazon is worth more than the annual economic output of all but a handful of countries. Its market value exceeds the GDP of Italy, Canada, Brazil or Russia. If it were a national economy it would rank among the largest on earth.