Largest business segments
The largest business segments of companies that report more than one, ranked by revenue in the latest fiscal year. Segments are the divisions a company's management runs and reports separately (Amazon Web Services, Google Services, Walmart U.S.). From the segment notes in annual reports filed with the SEC, in US dollars; 4,413 segments at 2,218 companies.
Top 100
Click a column heading to sort. Share is the segment's part of the segments shown for that company (companies define segments their own way, and some report a group total we leave out).
| # | Segment | Company | Revenue | Share of company | Segments | Fiscal year ended | Filing |
|---|---|---|---|---|---|---|---|
| 1 | Walmart US | Walmart | $483.0B | 68% | 3 | Jan 2026 | 10-K |
| 2 | North America | Amazon | $426.3B | 59% | 3 | Dec 2025 | 10-K |
| 3 | Unitedhealthcare | UnitedHealth Group | $344.9B | 56% | 4 | Dec 2025 | 10-K |
| 4 | Google Services | Alphabet Inc. | $342.7B | 85% | 2 | Dec 2025 | 10-K |
| 5 | North American Pharmaceutical | McKesson Corporation | $336.7B | 84% | 4 | Mar 2026 | 10-K |
| 6 | U.S. Healthcare Solutions | Cencora | $291.0B | 91% | 2 | Sep 2025 | 10-K |
| 7 | Evernorth | The Cigna Group | $235.0B | 83% | 2 | Dec 2025 | 10-K |
| 8 | Pharmaceutical and Specialty Solutions | Cardinal Health | $234.8B | 95% | 2 | Jun 2026 | 10-K |
| 9 | United States | Costco | $200.0B | 73% | 3 | Aug 2025 | 10-K |
| 10 | Family of Apps | Meta Platforms | $198.8B | 99% | 2 | Dec 2025 | 10-K |
| 11 | Compute And Networking | Nvidia | $193.5B | 90% | 2 | Jan 2026 | 10-K |
| 12 | Health Services | CVS Health | $190.4B | 40% | 3 | Dec 2025 | 10-K |
| 13 | Americas | Apple Inc. | $178.4B | 43% | 5 | Sep 2025 | 10-K |
| 14 | International | Amazon | $161.9B | 23% | 3 | Dec 2025 | 10-K |
| 15 | Optumrx | UnitedHealth Group | $154.7B | 25% | 4 | Dec 2025 | 10-K |
| 16 | GM North America | General Motors | $154.3B | 84% | 4 | Dec 2025 | 10-K |
| 17 | Health Care Benefits | CVS Health | $143.4B | 30% | 3 | Dec 2025 | 10-K |
| 18 | Productivity And Business Processes | Microsoft | $140.0B | 42% | 3 | Jun 2026 | 10-K |
| 19 | Pharmacy And Consumer Health | CVS Health | $139.4B | 29% | 3 | Dec 2025 | 10-K |
| 20 | Intelligent Cloud | Microsoft | $137.8B | 42% | 3 | Jun 2026 | 10-K |
| 21 | Walmart International | Walmart | $130.4B | 18% | 3 | Jan 2026 | 10-K |
| 22 | Amazon Web Services | Amazon | $128.7B | 18% | 3 | Dec 2025 | 10-K |
| 23 | Insurance | Humana | $124.6B | 85% | 2 | Dec 2025 | 10-K |
| 24 | Refining And Marketing | Marathon Petroleum | $124.3B | 90% | 3 | Dec 2025 | 10-K |
| 25 | Communications | AT&T | $120.9B | 97% | 2 | Dec 2025 | 10-K |
| 26 | Refining | Valero Energy | $116.2B | 92% | 3 | Dec 2025 | 10-K |
| 27 | Marketing | Shell | $111.9B | 42% | 5 | Dec 2025 | 20-F |
| 28 | Europe | Apple Inc. | $111.0B | 27% | 5 | Sep 2025 | 10-K |
| 29 | Verizon Consumer Group | Verizon | $106.8B | 79% | 2 | Dec 2025 | 10-K |
| 30 | Marketing, Midstream and Processing (MMP) | Equinor ASA | $104.8B | 70% | 5 | Dec 2025 | 20-F |
| 31 | Berkshire Hathaway Insurance Group | Berkshire Hathaway | $104.2B | 30% | 7 | Dec 2025 | 10-K |
| 32 | Optumhealth | UnitedHealth Group | $102.0B | 16% | 4 | Dec 2025 | 10-K |
| 33 | Ford Blue | Ford Motor Company | $101.0B | 54% | 4 | Dec 2025 | 10-K |
| 34 | Sam's Club US | Walmart | $93.0B | 13% | 3 | Jan 2026 | 10-K |
| 35 | FedEx Freight And FedEx Express | FedEx | $91.1B | 50% | 3 | May 2026 | 10-K |
| 36 | NGL Pipelines and Services | Enterprise Products | $84.4B | 70% | 4 | Dec 2025 | 10-K |
| 37 | Refining Transportation And Marketing | Petrobras | $84.2B | 26% | 13 | Dec 2025 | 20-F |
| 38 | Marketing & Speciality | Phillips 66 | $83.7B | 46% | 4 | Dec 2025 | 10-K |
| 39 | Federal Express | FedEx | $82.3B | 45% | 3 | May 2026 | 10-K |
| 40 | Automotive | Tesla | $82.1B | 87% | 2 | Dec 2025 | 10-K |
| 41 | Commercial And Investment Bank | JPMorgan Chase | $78.5B | 44% | 3 | Dec 2025 | 10-K |
| 42 | Chemicals And Products | Shell | $77.1B | 29% | 5 | Dec 2025 | 20-F |
| 43 | Consumer & Community Banking | JPMorgan Chase | $76.0B | 43% | 3 | Dec 2025 | 10-K |
| 44 | Refining | Phillips 66 | $74.9B | 41% | 4 | Dec 2025 | 10-K |
| 45 | Manufacturing Businesses | Berkshire Hathaway | $72.8B | 21% | 7 | Dec 2025 | 10-K |
| 46 | Residential Connectivity And Platforms | Comcast | $70.7B | 55% | 5 | Dec 2025 | 10-K |
| 47 | Ford Pro | Ford Motor Company | $66.3B | 35% | 4 | Dec 2025 | 10-K |
| 48 | Greater China | Apple Inc. | $64.4B | 15% | 5 | Sep 2025 | 10-K |
| 49 | Domestic Market | Petrobras | $62.9B | 20% | 13 | Dec 2025 | 20-F |
| 50 | Infrastructure Solutions Group | Dell Technologies | $60.8B | 54% | 2 | Jan 2026 | 10-K |
| 51 | Innovative Medicine | Johnson & Johnson | $60.4B | 64% | 2 | Dec 2025 | 10-K |
| 52 | Property Liability | Allstate | $59.7B | 93% | 3 | Dec 2025 | 10-K |
| 53 | Exploration And Production | Petrobras | $59.5B | 19% | 13 | Dec 2025 | 20-F |
| 54 | U.S. Domestic Package | United Parcel Service | $59.5B | 76% | 2 | Dec 2025 | 10-K |
| 55 | U.S. Foodservice Operations | Sysco | $58.8B | 70% | 3 | Jun 2026 | 10-K |
| 56 | Google Cloud | Alphabet Inc. | $58.7B | 15% | 2 | Dec 2025 | 10-K |
| 57 | Cloud and Software Business | Oracle Corporation | $58.5B | 87% | 3 | May 2026 | 10-K |
| 58 | Airline | Delta Air Lines | $58.3B | 89% | 2 | Dec 2025 | 10-K |
| 59 | Pharmaceutical segment | Merck & Co. | $58.1B | 90% | 2 | Dec 2025 | 10-K |
| 60 | More Personal Computing | Microsoft | $54.1B | 16% | 3 | Jun 2026 | 10-K |
| 61 | Beer Business | Anheuser-Busch InBev | $53.0B | 89% | 2 | Dec 2025 | 20-F |
| 62 | Subtotal Oil Products | Petrobras | $52.8B | 16% | 13 | Dec 2025 | 20-F |
| 63 | Client Solutions | Dell Technologies | $51.0B | 46% | 2 | Jan 2026 | 10-K |
| 64 | Mc Lane Company | Berkshire Hathaway | $50.2B | 14% | 7 | Dec 2025 | 10-K |
| 65 | Client Computing Group, Datacenter And AI And Network And Edge | Intel | $49.1B | 42% | 4 | Dec 2025 | 10-K |
| 66 | Oncology And Multispecialty | McKesson Corporation | $48.4B | 12% | 4 | Mar 2026 | 10-K |
| 67 | Cigna Healthcare | The Cigna Group | $47.4B | 17% | 2 | Dec 2025 | 10-K |
| 68 | N I K E Brand | Nike | $45.2B | 97% | 2 | May 2026 | 10-K |
| 69 | Crude Oil | Plains All American Pipeline LP | $44.1B | 100% | 2 | Dec 2025 | 10-K |
| 70 | Crude Oil | Plains GP Holdings | $44.1B | 100% | 2 | Dec 2025 | 10-K |
| 71 | Entertainment | The Walt Disney Company | $42.5B | 44% | 3 | Sep 2025 | 10-K |
| 72 | Pilot | Berkshire Hathaway | $41.9B | 12% | 7 | Dec 2025 | 10-K |
| 73 | Commercial Airplanes | Boeing | $41.5B | 46% | 3 | Dec 2025 | 10-K |
| 74 | Global Banking And Markets | Goldman Sachs | $41.5B | 71% | 3 | Dec 2025 | 10-K |
| 75 | Lower Forty Eight | ConocoPhillips | $41.4B | 77% | 3 | Dec 2025 | 10-K |
| 76 | Personal Systems | HP Inc. | $38.5B | 70% | 2 | Oct 2025 | 10-K |
| 77 | Integrated Gas | Shell | $38.5B | 14% | 5 | Dec 2025 | 20-F |
| 78 | QCT | Qualcomm | $38.4B | 87% | 2 | Sep 2025 | 10-K |
| 79 | Domestic | Best Buy | $38.3B | 92% | 2 | Jan 2026 | 10-K |
| 80 | Other International | Costco | $38.3B | 14% | 3 | Aug 2025 | 10-K |
| 81 | Americas | Cisco | $37.8B | 60% | 3 | Jul 2026 | 10-K |
| 82 | Consumer Banking and Lending | Wells Fargo | $37.4B | 57% | 3 | Dec 2025 | 10-K |
| 83 | Canada | Costco | $36.9B | 13% | 3 | Aug 2025 | 10-K |
| 84 | Semiconductor Solutions | Broadcom | $36.9B | 58% | 2 | Oct 2025 | 10-K |
| 85 | Marmaxx | TJX Companies | $36.6B | 61% | 4 | Jan 2026 | 10-K |
| 86 | Foodservice | Performance Food Group | $36.6B | 54% | 3 | Jun 2026 | 10-K |
| 87 | Experiences | The Walt Disney Company | $36.2B | 38% | 3 | Sep 2025 | 10-K |
| 88 | Americas | Accenture | $35.1B | 50% | 3 | Aug 2025 | 10-K |
| 89 | Exploration and Production Norway | Equinor ASA | $34.4B | 23% | 5 | Dec 2025 | 20-F |
| 90 | Renewables And Energy Solutions | Shell | $34.4B | 13% | 5 | Dec 2025 | 20-F |
| 91 | Med Tech | Johnson & Johnson | $33.8B | 36% | 2 | Dec 2025 | 10-K |
| 92 | Service And Retailing Businesses | Berkshire Hathaway | $33.8B | 10% | 7 | Dec 2025 | 10-K |
| 93 | Rest of Asia Pacific | Apple Inc. | $33.7B | 8% | 5 | Sep 2025 | 10-K |
| 94 | Institutional Securities | Morgan Stanley | $33.1B | 46% | 3 | Dec 2025 | 10-K |
| 95 | Pratt and Whitney | RTX | $32.9B | 36% | 3 | Dec 2025 | 10-K |
| 96 | Lennar Homebuilding East, Central, West, Houston, and Other | Lennar Corporation | $32.3B | 49% | 9 | Nov 2025 | 10-K |
| 97 | Client Computing Group | Intel | $32.2B | 28% | 4 | Dec 2025 | 10-K |
| 98 | Wealth Management | Morgan Stanley | $31.8B | 44% | 3 | Dec 2025 | 10-K |
| 99 | Home Building Ops | D. R. Horton | $31.5B | 88% | 4 | Sep 2025 | 10-K |
| 100 | International Healthcare Solutions | Cencora | $30.4B | 9% | 2 | Sep 2025 | 10-K |
Showing the top 100 of 1,000. Download all 1,000 as CSV.
Source: SEC Financial Statement and Notes data sets: revenue tagged by business segment in each company’s latest annual report (10-K, 20-F or 40-F) in the last 18 months. Lines that are group totals, eliminations or “all other” are left out.