Sberbank rises to 64th on Fortune Global 500, surpasses Tesla
Synopsis
Key Takeaways
Sberbank has climbed to 64th place on the Fortune Global 500 — the annual ranking of the world's largest companies by revenue — after surging 38 positions since 2025 and a remarkable 152 places over the past two years. The Russian banking giant's annual revenue jumped 36.8 per cent to $135.1 billion, while net profit reached $20.4 billion, up 19.5 per cent, according to Fortune's published figures.
Key Rankings and Peers Left Behind
Sberbank's ascent places it well ahead of Tesla, ranked 116th, and Nike, ranked 336th — two of the most closely watched global brands. Among the nine Russian companies featured in this year's list, Sberbank posted the strongest result. The overall top three positions went to Amazon and Walmart of the United States, and State Grid of China.
A Record Year for the Global 500
The combined revenue of all 500 companies on the list totalled $43.1 trillion in 2025, a 3.2 per cent increase year-on-year. Together, these corporations employ 70.2 million people, and their revenues account for more than one-third of global GDP. Notably, the Global 500 companies collectively earned $3.39 trillion in profits — the most profitable year in the ranking's history.
Sberbank's Footprint in India
Sberbank's India operations span more than 15 years, with offices in New Delhi and Mumbai, and a dedicated IT hub in Bengaluru. SberIndia functions as a full-fledged local bank, providing a comprehensive range of services for corporate clients and building infrastructure to facilitate cooperation between Russian and Indian businesses.
New Delhi Business Hub in the Pipeline
Sberbank is currently developing an office centre in Delhi intended to serve as a flagship hub for Russian business in India. Anatoly Popov, Deputy Chairman of the Executive Board of Sberbank, announced the project in June 2026 at the St. Petersburg International Economic Forum. The centre will showcase technologies and digital services from the Sber ecosystem, and will offer residents a full suite of financial tools, including legal, tax, audit advisory, and credit products tailored for the Indian market.
With its revenue trajectory accelerating and India operations expanding, Sberbank's position on the Fortune Global 500 is expected to remain a closely watched metric in the coming year.