AmazonAMZNEarnings & Financial Report
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). Its products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire ...
Revenue
$155.7B
Gross Profit
$78.7B
Operating Profit
$18.4B
Net Profit
$17.1B
Gross Margin
50.6%
Operating Margin
11.8%
Net Margin
11.0%
YoY Growth
8.6%
EPS
$1.59
Amazon Q1 FY2025 Financial Summary
Amazon reported revenue of $155.7B (up 8.6% YoY) for Q1 FY2025, with a net profit of $17.1B (up 64.2% YoY) (11.0% margin). Cost of goods sold was $77.0B, operating expenses totaled $60.3B.
Key Financial Metrics
| Total Revenue | $155.7B |
|---|---|
| Net Profit | $17.1B |
| Gross Margin | 50.6% |
| Operating Margin | 11.8% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Amazon Q1 FY2025 revenue of $155.7B breaks down across 7 segments, led by Online Stores at $57.4B (36.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Online Stores | $57.4B | 36.9% |
| Third Party Seller Services | $36.5B | 23.5% |
| Amazon Web Services Segment | $29.3B | 18.8% |
| Advertising Services | $13.9B | 8.9% |
| Subscription Services | $11.7B | 7.5% |
| Physical Stores | $5.5B | 3.6% |
| Other Services | $1.3B | 0.8% |
Amazon Revenue by Segment — Quarterly Trend
Amazon revenue by segment across the last 4 reported quarters, showing how each business line (such as Online Stores and Third Party Seller Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Online Stores | — | — | $67.4B | $61.5B |
| Third Party Seller Services | — | $52.8B | $42.5B | $40.3B |
| Amazon Web Services Segment | — | — | $33.0B | $30.9B |
| Advertising Services | — | — | $17.7B | $15.7B |
| Subscription Services | — | $13.1B | $12.6B | $12.2B |
Amazon Annual Revenue by Year
Amazon annual revenue history includes year-by-year totals (for example, 2025 revenue was $716.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $716.9B |
| 2024 | $638.0B |
| 2023 | $574.8B |
| 2022 | $514.0B |
Amazon Quarterly Revenue & Net Profit History
Amazon results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $181.5B | +16.6% | $30.3B | 16.7% |
| Q4 FY2025 | $213.4B | +13.6% | $21.2B | 9.9% |
| Q3 FY2025 | $180.2B | +13.4% | $21.2B | 11.8% |
| Q2 FY2025 | $167.7B | +13.3% | $18.2B | 10.8% |
| Q1 FY2025 | $155.7B | +8.6% | $17.1B | 11.0% |
| Q4 FY2024 | $187.8B | +10.5% | $20.0B | 10.7% |
| Q3 FY2024 | $158.9B | +11.0% | $15.3B | 9.6% |
| Q2 FY2024 | $148.0B | +10.1% | $13.5B | 9.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $147.98B | $158.88B | $187.79B | $155.67B | $167.70B | $180.17B | $213.39B | $181.52B |
| YoY Growth | 10.1% | 11.0% | 10.5% | 8.6% | 13.3% | 13.4% | 13.6% | 16.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $554.82B | $584.63B | $624.89B | $643.26B | $682.17B | $727.92B | $818.04B | $916.63B |
| Liabilities | $318.37B | $325.48B | $338.92B | $337.39B | $348.39B | $358.29B | $406.98B | $474.72B |
| Equity | $236.45B | $259.15B | $285.97B | $305.87B | $333.77B | $369.63B | $411.06B | $441.91B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $25.28B | $25.97B | $45.64B | $17.02B | $32.52B | $35.52B | $54.46B |