AMAZON COM INC AMZN
We seek to be Earth's most customer-centric company. We are guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. In each of our segments, we serve our primary customer sets, consisting of consumers, sellers, developers, enterprises, content creators, advertisers, and employees.
We have organized our operations into three segments: North America, International, and Amazon Web Services ("AWS"). These segments reflect the way the Company evaluates its business performance and manages its operations. Information on our net sales is contained in Item 8 of Part II, "Financial Statements and Supplementary Data — Note 10 — Segment Information."
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Rest of world
- Germany
- United Kingdom
- Japan
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $489.66B | $438.01B | $395.64B |
| Rest of world | $107.47B | $93.83B | $81.97B |
| Germany | $45.90B | $40.86B | $37.59B |
| United Kingdom | $43.21B | $37.85B | $33.59B |
| Japan | $30.69B | $27.40B | $26.00B |
As the company reported it, from the “Segment Information - Net Sales Attributed to Countries Representing Portion of Consolidated Net Sales (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- North America
- International
- AWS
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| North America | $426.31B | $387.50B | $352.83B |
| International | $161.89B | $142.91B | $131.20B |
| AWS | $128.72B | $107.56B | $90.76B |
As the company reported it, from the “Segment Information - Reportable Segments and Reconciliation to Consolidated Net Income (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $716.92B | $637.96B | $574.78B | $513.98B | $469.82B | $386.06B | $280.52B | $232.89B | $177.87B | $135.99B |
| Cost of revenue | $356.41B | $326.29B | $304.74B | $288.83B | $272.34B | $233.31B | $165.54B | $139.16B | $111.93B | $88.27B |
| Gross profit | $360.51B | $311.67B | $270.05B | $225.15B | $197.48B | $152.76B | $114.99B | $93.73B | $65.93B | $47.72B |
| SG&A | $11.17B | $11.36B | $11.82B | $11.89B | $8.82B | $6.67B | $5.20B | $4.34B | $3.67B | $2.43B |
| Total operating expenses | $636.95B | $569.37B | $537.93B | $501.74B | $444.94B | $363.17B | $265.98B | $220.47B | $173.76B | $131.80B |
| Operating income | $79.97B | $68.59B | $36.85B | $12.25B | $24.88B | $22.90B | $14.54B | $12.42B | $4.11B | $4.19B |
| Interest expense | $2.27B | $2.41B | $3.18B | $2.37B | $1.81B | $1.65B | $1.60B | $1.42B | $848.0M | $484.0M |
| Pre-tax income | $97.31B | $68.61B | $37.56B | -$5.94B | $38.15B | $24.18B | $13.98B | $11.26B | $3.81B | $3.89B |
| Income tax | $19.09B | $9.27B | $7.12B | $3.22B | $4.79B | $2.86B | $2.37B | $1.20B | $769.0M | $1.43B |
| Net income | $77.67B | $59.25B | $30.43B | -$2.72B | $33.36B | $21.33B | $11.59B | $10.07B | $3.03B | $2.37B |
| EPS, basic | 7.29 | 5.66 | 2.95 | -0.27 | 3.30 | 2.13 | 23.46 | 20.68 | 6.32 | 5.01 |
| EPS, diluted | 7.17 | 5.53 | 2.90 | -0.27 | 3.24 | 2.09 | 23.01 | 20.14 | 6.15 | 4.90 |
| Shares, diluted (wtd. avg.) | 10.83B | 10.72B | 10.49B | 10.19B | 10.30B | 10.20B | 504.0M | 500.0M | 493.0M | 484.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $86.81B | $78.78B | $73.89B | $54.25B | $36.48B | $42.38B | $36.41B | $32.17B | $21.86B | $19.93B |
| Short-term investments | $36.22B | $22.42B | $13.39B | $16.14B | $59.83B | $42.27B | $18.93B | $9.50B | $10.46B | $6.65B |
| Receivables | $67.73B | $55.45B | $52.25B | $42.36B | $32.89B | $24.54B | $20.82B | $16.68B | $13.16B | $8.34B |
| Inventory | $38.33B | $34.21B | $33.32B | $34.41B | $32.64B | $23.80B | $20.50B | $17.17B | $16.05B | $11.46B |
| Total current assets | $229.08B | $190.87B | $172.35B | $146.79B | $161.58B | $132.73B | $96.33B | $75.10B | $60.20B | $45.78B |
| Property, plant and equipment | $357.02B | $252.66B | — | — | — | — | $72.70B | $61.80B | $48.87B | $29.11B |
| Goodwill | $23.27B | $23.07B | $22.79B | $20.29B | $15.37B | $15.02B | $14.75B | $14.55B | $13.35B | $3.78B |
| Other intangibles | $9.20B | $8.60B | $7.69B | $6.10B | $5.11B | $4.98B | $4.05B | $4.11B | $3.37B | $854.0M |
| Total assets | $818.04B | $624.89B | $527.85B | $462.68B | $420.55B | $321.19B | $225.25B | $162.65B | $131.31B | $83.40B |
| Accounts payable | $121.91B | $94.36B | $84.98B | $79.60B | $78.66B | $72.54B | $47.18B | $38.19B | $34.62B | $25.31B |
| Short-term debt | $2.75B | $5.02B | $8.49B | $3.00B | $1.49B | $1.16B | $1.30B | $1.37B | $100.0M | $1.06B |
| Total current liabilities | $218.00B | $179.43B | $164.92B | $155.39B | $142.27B | $126.39B | $87.81B | $68.39B | $57.88B | $43.82B |
| Long-term debt | $65.65B | $52.62B | $58.31B | $67.15B | $48.74B | $31.82B | $23.41B | $23.50B | $24.74B | $7.69B |
| Retained earnings | $250.54B | $172.87B | $113.62B | $83.19B | $85.92B | $52.55B | $31.22B | $19.62B | $8.64B | $4.92B |
| Total equity | $411.06B | $285.97B | $201.88B | $146.04B | $138.25B | $93.40B | $62.06B | $43.55B | $27.71B | $19.29B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $139.51B | $115.88B | $84.95B | $46.75B | $46.33B | $66.06B | $38.51B | $30.72B | $18.36B | $17.20B |
| Depreciation and amortisation | $65.76B | $52.80B | $48.66B | $41.92B | $34.43B | $25.18B | $21.79B | $15.34B | $11.48B | $8.12B |
| Stock-based compensation | $19.47B | $22.01B | $24.02B | $19.62B | $12.76B | $9.21B | $6.86B | $5.42B | $4.21B | $2.98B |
| Capital expenditure | $131.82B | $83.00B | $52.73B | $63.65B | $61.05B | $40.14B | $16.86B | $13.43B | $11.96B | $7.80B |
| Investing cash flow | -$142.54B | -$94.34B | -$49.83B | -$37.60B | -$58.15B | -$59.61B | -$24.28B | -$12.37B | -$27.08B | -$9.52B |
| Financing cash flow | $9.66B | -$11.81B | -$15.88B | $9.72B | $6.29B | -$1.10B | -$10.07B | -$7.69B | $9.93B | -$3.72B |
| Buybacks | — | $0 | $0 | $6.00B | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-041026.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $135.99B | $177.87B | $232.89B | $280.52B | $386.06B | $469.82B | $513.98B | $574.78B | $637.96B | $716.92B |
| Gross profit | $47.72B | $65.93B | $93.73B | $114.99B | $152.76B | $197.48B | $225.15B | $270.05B | $311.67B | $360.51B |
| Net income | $2.37B | $3.03B | $10.07B | $11.59B | $21.33B | $33.36B | -$2.72B | $30.43B | $59.25B | $77.67B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
- Other event Item 8.01
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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