Amazon.com, Inc. (AMZN)

Amazon Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Revenue	213,386	180,169	167,702	155,667	187,792	158,877	147,977	143,313	169,961	143,083	134,383	127,358	149,204	127,101	121,234	116,444	137,412	110,812	113,080	108,518
Revenue Growth (YoY)	13.63%	13.40%	13.33%	8.62%	10.49%	11.04%	10.12%	12.53%	13.91%	12.57%	10.85%	9.37%	8.58%	14.70%	7.21%	7.30%	9.44%	15.25%	27.18%	43.82%
Cost of Revenue	109,959	88,670	80,809	76,976	98,893	80,977	73,785	72,633	92,553	75,022	69,373	67,791	85,640	70,268	66,424	66,499	82,835	62,930	64,176	62,403
Gross Profit	103,427	91,499	86,893	78,691	88,899	77,900	74,192	70,680	77,408	68,061	65,010	59,567	63,564	56,833	54,810	49,945	54,577	47,882	48,904	46,115
Selling, General & Admin	16,968	14,561	14,381	12,391	15,987	13,322	13,553	12,404	15,912	13,112	13,947	13,215	16,151	14,075	12,989	10,914	13,335	10,163	9,682	8,194
Research & Development	29,399	28,962	27,166	22,994	23,571	22,245	22,304	20,424	22,038	21,203	21,931	20,450	20,814	19,485	18,072	14,842	15,313	14,380	13,871	12,488
Other Operating Expenses	32,083	30,554	26,175	24,901	28,138	24,922	23,663	22,545	26,249	22,558	21,451	21,128	23,862	20,748	20,432	20,520	22,469	18,487	17,649	16,568
Total Operating Expenses	78,450	74,077	67,722	60,286	67,696	60,489	59,520	55,373	64,199	56,873	57,329	54,793	60,827	54,308	51,493	46,276	51,117	43,030	41,202	37,250
Operating Income	24,977	17,422	19,171	18,405	21,203	17,411	14,672	15,307	13,209	11,188	7,681	4,774	2,737	2,525	3,317	3,669	3,460	4,852	7,702	8,865
Interest Income	1,130	1,100	1,085	1,066	1,248	1,256	1,180	993	901	776	661	611	445	277	159	108	118	119	106	105
Interest Expense	-679	-538	-516	-541	-570	-603	-589	-644	-713	-806	-840	-823	-694	-617	-584	-472	-482	-493	-435	-399
Other Non-Operating Income (Expense)	1,177	10,186	1,117	2,749	468	-27	-18	-2,673	289	1,031	61	-443	-3,450	759	-5,545	-8,570	11,838	-163	1,261	1,697
Total Non-Operating Income (Expense)	1,628	10,748	1,686	3,274	1,146	626	573	-2,324	477	1,001	-118	-655	-3,699	419	-5,970	-8,934	11,474	-537	932	1,403
Pretax Income	26,605	28,170	20,857	21,679	22,349	18,037	15,245	12,983	13,686	12,189	7,563	4,119	-962	2,944	-2,653	-5,265	14,934	4,315	8,634	10,268
Provision for Income Taxes	4,946	6,910	2,678	4,553	2,325	2,706	1,767	2,467	3,062	2,306	804	948	-1,227	69	-637	-1,422	612	1,155	868	2,156
Net Income	21,192	21,187	18,164	17,127	20,004	15,328	13,485	10,431	10,624	9,879	6,750	3,172	278	2,872	-2,028	-3,844	14,323	3,156	7,778	8,107
Minority Interest in Earnings	467	73	15	-1	20	3	-7	85	-	4	9	-1	-13	3	12	1	-1	4	-12	5
Net Income to Common	21,192	21,187	18,164	17,127	20,004	15,328	13,485	10,431	10,624	9,879	6,750	3,172	278	2,872	-2,028	-3,844	14,323	3,156	7,778	8,107
Net Income Growth	5.94%	38.22%	34.70%	64.19%	88.29%	55.16%	99.78%	228.85%	3721.58%	243.98%	-	-	-98.06%	-9.00%	-	-	98.32%	-50.15%	48.35%	219.80%
Shares Outstanding (Basic)	10,709	10,674	10,637	10,603	10,552	10,501	10,447	10,393	10,356	10,322	10,285	10,250	10,220	10,191	10,175	10,171	10,157	10,132	10,103	10,080
Shares Outstanding (Diluted)	10,863	10,845	10,806	10,793	10,771	10,735	10,708	10,670	10,610	10,558	10,449	10,347	10,308	10,331	10,175	10,171	10,324	10,309	10,286	10,260
Shares Change (YoY)	0.85%	1.03%	0.92%	1.15%	1.52%	1.68%	2.48%	3.12%	2.93%	2.20%	2.69%	1.73%	-0.15%	0.21%	-1.08%	-0.87%	0.62%	0.67%	1.04%	1.38%
EPS (Basic)	1.98	1.98	1.71	1.62	1.90	1.46	1.29	1.00	1.03	0.96	0.66	0.31	0.03	0.28	-0.20	-0.38	1.41	0.31	0.77	0.80
EPS (Diluted)	1.95	1.95	1.68	1.59	1.86	1.43	1.26	0.98	1.00	0.94	0.65	0.31	0.03	0.28	-0.20	-0.38	1.39	0.31	0.76	0.79
EPS Growth	4.84%	36.36%	33.33%	62.24%	86.00%	52.13%	93.85%	216.13%	3233.33%	235.71%	-	-	-97.84%	-9.68%	-	-	97.30%	-49.88%	47.57%	215.17%
Free Cash Flow	14,937	430	332	-8,004	17,802	3,351	7,661	4,064	27,877	8,738	5,021	-9,419	12,581	-4,974	-6,759	-17,741	3,151	-8,435	-1,573	-7,869
Free Cash Flow Growth	-16.09%	-87.17%	-95.67%	-	-36.14%	-61.65%	52.58%	-	121.58%	-	-	-	299.27%	-	-	-	-79.81%	-	-	-
Free Cash Flow Per Share	1.38	0.04	0.03	-0.74	1.65	0.31	0.72	0.38	2.63	0.83	0.48	-0.91	1.22	-0.48	-0.66	-1.74	0.31	-0.82	-0.15	-0.77
Gross Margin	48.47%	50.79%	51.81%	50.55%	47.34%	49.03%	50.14%	49.32%	45.54%	47.57%	48.38%	46.77%	42.60%	44.71%	45.21%	42.89%	39.72%	43.21%	43.25%	42.50%
Operating Margin	11.71%	9.67%	11.43%	11.82%	11.29%	10.96%	9.92%	10.68%	7.77%	7.82%	5.72%	3.75%	1.83%	1.99%	2.74%	3.15%	2.52%	4.38%	6.81%	8.17%
Profit Margin	10.15%	11.80%	10.84%	11.00%	10.66%	9.65%	9.11%	7.34%	6.25%	6.91%	5.03%	2.49%	0.18%	2.26%	-1.66%	-3.30%	10.42%	2.85%	6.87%	7.48%
FCF Margin	7.00%	0.24%	0.20%	-5.14%	9.48%	2.11%	5.18%	2.84%	16.40%	6.11%	3.74%	-7.40%	8.43%	-3.91%	-5.58%	-15.24%	2.29%	-7.61%	-1.39%	-7.25%
EBITDA	44,448	34,218	34,398	32,667	36,834	30,853	26,710	26,991	27,029	23,319	19,270	15,897	15,422	12,852	13,033	12,862	13,399	13,800	15,740	16,373
EBITDA Margin	20.83%	18.99%	20.51%	20.99%	19.61%	19.42%	18.05%	18.83%	15.90%	16.30%	14.34%	12.48%	10.34%	10.11%	10.75%	11.05%	9.75%	12.45%	13.92%	15.09%
EBIT	24,977	17,422	19,171	18,405	21,203	17,411	14,672	15,307	13,209	11,188	7,681	4,774	2,737	2,525	3,317	3,669	3,460	4,852	7,702	8,865
EBIT Margin	11.71%	9.67%	11.43%	11.82%	11.29%	10.96%	9.92%	10.68%	7.77%	7.82%	5.72%	3.75%	1.83%	1.99%	2.74%	3.15%	2.52%	4.38%	6.81%	8.17%
Effective Tax Rate	18.59%	24.53%	12.84%	21.00%	10.40%	15.00%	11.59%	19.00%	22.37%	18.92%	10.63%	23.02%	127.55%	2.34%	24.01%	27.01%	4.10%	26.77%	10.05%	21.00%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q