Amazon.com, Inc.
AMZN Consumer Cyclical Internet Retail
Amazon.com, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $716.9 billion, up 12.4% from fiscal 2024. In the quarter to June 2026, revenue grew 19.6%, EPS grew 240.4%, free cash flow fell 770.4% and total debt rose 154.1%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; revenue growth for ten consecutive years, operating cash flow growth for three.
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Amazon.com, Inc. (AMZN) Free cash flow margin
Amazon.com, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was −0.98%, down 2.5 percentage points from fiscal 2025 (1.56%). Over the past ten years it has ranged from −2.25% (fiscal 2022) to 9.21% (fiscal 2019); the current reading is higher than 27% of that period. That is below the Internet Retail industry median of 0.00% and below the Consumer Cyclical sector median of 2.70%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 1.56% | (4.43) |
| FY2024 | 5.99% | (0.41) |
| FY2023 | 6.40% | 8.65 |
| FY2022 | −2.25% | (0.32) |
| FY2021 | −1.93% | (9.96) |
| FY2020 | 8.03% | (1.18) |
| FY2019 | 9.21% | 0.88 |
| FY2018 | 8.33% | 3.66 |
| FY2017 | 4.67% | (3.03) |
| FY2016 | 7.70% | 0.74 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| MELI MercadoLibre, Inc. compare | 35.3% |
| PDD PDD Holdings Inc. Sponsored ADR compare | 24.7% |
| EBAY eBay Inc. compare | 20.2% |
| SE Sea Limited Sponsored ADR compare | 18.8% |
| DASH DoorDash, Inc. compare | 13.5% |
| BABA Alibaba Group Holding Limited compare | 7.52% |
| JD JD.com, Inc. compare | 3.89% |
| CPNG Coupang, Inc. compare | 0.30% |
| AMZN Amazon.com, Inc. | −0.98% |
| Internet Retail industry median | 0.00% |
| Consumer Cyclical sector median | 2.70% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on AMZN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement