vs
Side-by-side financial comparison of Amazon (AMZN) and CoreWeave, Inc. (CRWV). Click either name above to swap in a different company.
Amazon is the larger business by last-quarter revenue ($213.4B vs $1.6B, roughly 135.8× CoreWeave, Inc.). Amazon runs the higher net margin — 9.9% vs -28.7%, a 38.7% gap on every dollar of revenue. Amazon produced more free cash flow last quarter ($14.9B vs $-2.5B).
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 ...
CoreWeave, Inc. is an American artificial intelligence (AI) cloud-computing company based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to AI developers and enterprises, and also develops its own chip management software.
AMZN vs CRWV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $213.4B | $1.6B |
| Net Profit | $21.2B | $-451.7M |
| Gross Margin | 48.5% | 67.6% |
| Operating Margin | 11.7% | -5.7% |
| Net Margin | 9.9% | -28.7% |
| Revenue YoY | 13.6% | — |
| Net Profit YoY | 5.9% | — |
| EPS (diluted) | $1.95 | $-0.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $213.4B | $1.6B | ||
| Q3 25 | $180.2B | $1.4B | ||
| Q2 25 | $167.7B | $1.2B | ||
| Q1 25 | $155.7B | $981.6M | ||
| Q4 24 | $187.8B | — | ||
| Q3 24 | $158.9B | $583.9M | ||
| Q2 24 | $148.0B | $395.4M | ||
| Q1 24 | $143.3B | — |
| Q4 25 | $21.2B | $-451.7M | ||
| Q3 25 | $21.2B | $-110.1M | ||
| Q2 25 | $18.2B | $-290.5M | ||
| Q1 25 | $17.1B | $-314.6M | ||
| Q4 24 | $20.0B | — | ||
| Q3 24 | $15.3B | $-359.8M | ||
| Q2 24 | $13.5B | $-323.0M | ||
| Q1 24 | $10.4B | — |
| Q4 25 | 48.5% | 67.6% | ||
| Q3 25 | 50.8% | 73.0% | ||
| Q2 25 | 51.8% | 74.2% | ||
| Q1 25 | 50.6% | 73.3% | ||
| Q4 24 | 47.3% | — | ||
| Q3 24 | 49.0% | 75.5% | ||
| Q2 24 | 50.1% | 72.5% | ||
| Q1 24 | 49.3% | — |
| Q4 25 | 11.7% | -5.7% | ||
| Q3 25 | 9.7% | 3.8% | ||
| Q2 25 | 11.4% | 1.6% | ||
| Q1 25 | 11.8% | -2.8% | ||
| Q4 24 | 11.3% | — | ||
| Q3 24 | 11.0% | 20.1% | ||
| Q2 24 | 9.9% | 19.7% | ||
| Q1 24 | 10.7% | — |
| Q4 25 | 9.9% | -28.7% | ||
| Q3 25 | 11.8% | -8.1% | ||
| Q2 25 | 10.8% | -24.0% | ||
| Q1 25 | 11.0% | -32.1% | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 9.6% | -61.6% | ||
| Q2 24 | 9.1% | -81.7% | ||
| Q1 24 | 7.3% | — |
| Q4 25 | $1.95 | $-0.50 | ||
| Q3 25 | $1.95 | $-0.22 | ||
| Q2 25 | $1.68 | $-0.60 | ||
| Q1 25 | $1.59 | $-1.49 | ||
| Q4 24 | $1.86 | — | ||
| Q3 24 | $1.43 | $-1.82 | ||
| Q2 24 | $1.26 | $-1.62 | ||
| Q1 24 | $0.98 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $123.0B | $3.2B |
| Total DebtLower is stronger | $68.8B | $21.4B |
| Stockholders' EquityBook value | $411.1B | $3.3B |
| Total Assets | $818.0B | $49.3B |
| Debt / EquityLower = less leverage | 0.17× | 6.41× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.0B | $3.2B | ||
| Q3 25 | $94.2B | $1.9B | ||
| Q2 25 | $93.2B | $1.2B | ||
| Q1 25 | $94.6B | $1.3B | ||
| Q4 24 | $101.2B | — | ||
| Q3 24 | $88.1B | $1.4B | ||
| Q2 24 | $89.1B | $1.0B | ||
| Q1 24 | $85.1B | — |
| Q4 25 | $68.8B | $21.4B | ||
| Q3 25 | $55.1B | $14.0B | ||
| Q2 25 | $56.1B | $11.1B | ||
| Q1 25 | $58.8B | $8.7B | ||
| Q4 24 | $58.0B | — | ||
| Q3 24 | $60.5B | — | ||
| Q2 24 | $62.7B | — | ||
| Q1 24 | $66.9B | — |
| Q4 25 | $411.1B | $3.3B | ||
| Q3 25 | $369.6B | $3.9B | ||
| Q2 25 | $333.8B | $2.7B | ||
| Q1 25 | $305.9B | $1.9B | ||
| Q4 24 | $286.0B | — | ||
| Q3 24 | $259.2B | $-344.0M | ||
| Q2 24 | $236.4B | $-1.0B | ||
| Q1 24 | $216.7B | — |
| Q4 25 | $818.0B | $49.3B | ||
| Q3 25 | $727.9B | $32.9B | ||
| Q2 25 | $682.2B | $26.2B | ||
| Q1 25 | $643.3B | $21.9B | ||
| Q4 24 | $624.9B | — | ||
| Q3 24 | $584.6B | — | ||
| Q2 24 | $554.8B | — | ||
| Q1 24 | $531.0B | — |
| Q4 25 | 0.17× | 6.41× | ||
| Q3 25 | 0.15× | 3.62× | ||
| Q2 25 | 0.17× | 4.16× | ||
| Q1 25 | 0.19× | 4.57× | ||
| Q4 24 | 0.20× | — | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 0.31× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $54.5B | $1.6B |
| Free Cash FlowOCF − Capex | $14.9B | $-2.5B |
| FCF MarginFCF / Revenue | 7.0% | -159.1% |
| Capex IntensityCapex / Revenue | 18.5% | 258.3% |
| Cash ConversionOCF / Net Profit | 2.57× | — |
| TTM Free Cash FlowTrailing 4 quarters | $7.7B | $-7.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $54.5B | $1.6B | ||
| Q3 25 | $35.5B | $1.7B | ||
| Q2 25 | $32.5B | $-251.3M | ||
| Q1 25 | $17.0B | $61.2M | ||
| Q4 24 | $45.6B | — | ||
| Q3 24 | $26.0B | — | ||
| Q2 24 | $25.3B | — | ||
| Q1 24 | $19.0B | — |
| Q4 25 | $14.9B | $-2.5B | ||
| Q3 25 | $430.0M | $-699.8M | ||
| Q2 25 | $332.0M | $-2.7B | ||
| Q1 25 | $-8.0B | $-1.3B | ||
| Q4 24 | $17.8B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $7.7B | — | ||
| Q1 24 | $4.1B | — |
| Q4 25 | 7.0% | -159.1% | ||
| Q3 25 | 0.2% | -51.3% | ||
| Q2 25 | 0.2% | -223.0% | ||
| Q1 25 | -5.1% | -137.1% | ||
| Q4 24 | 9.5% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 5.2% | — | ||
| Q1 24 | 2.8% | — |
| Q4 25 | 18.5% | 258.3% | ||
| Q3 25 | 19.5% | 175.1% | ||
| Q2 25 | 19.2% | 202.3% | ||
| Q1 25 | 16.1% | 143.4% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 14.2% | — | ||
| Q2 24 | 11.9% | — | ||
| Q1 24 | 10.4% | — |
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.68× | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 1.82× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMZN
| Products | $90.0B | 42% |
| Third Party Seller Services | $52.8B | 25% |
| Other | $49.9B | 23% |
| Subscription Services | $13.1B | 6% |
| Physical Stores | $5.9B | 3% |
| Other Services | $1.7B | 1% |
CRWV
| US | $1.4B | 92% |
| Non Us | $129.3M | 8% |
