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.

Revenue
+12.1%
EPS
−3.24%
Free cash flow
−2,679.5%
Total debt
+241.2%

Quarter to September 2026, against a year earlier

260.23 5.80 −2.18%
Market cap
$2.81T
P/E
20.8×
Fwd P/E
18.7×
Dividend yield
—
F-score
6/9
Altman Z
5.27
Beneish M
−2.63
Dividend safety
n/a

Amazon.com, Inc. (AMZN) Gross margin

Alert me on Gross margin

Amazon.com, Inc.'s gross margin over the twelve months to 30 September 2026 was 51.4%, up 1.1 percentage points from fiscal 2025 (50.3%). Over the past ten years it has ranged from 33.0% (fiscal 2015) to 50.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Internet Retail industry median of 44.0% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 50.3% 1.44
FY2024 48.9% 1.87
FY2023 47.0% 3.17
FY2022 43.8% 1.78
FY2021 42.0% 2.46
FY2020 39.6% (1.42)
FY2019 41.0% 0.74
FY2018 40.3% 3.18
FY2017 37.1% 1.98
FY2016 35.1% 2.05

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 53.2% 0.91
Jun 2026 52.3% 0.44
Mar 2026 51.8% 3.35
Dec 2025 48.5% (2.32)
43 more quarters

Against its own ten years

Low 33.0% High 50.3%
Ten-year median 41.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
EBAY eBay Inc. compare 72.2%
PDD PDD Holdings Inc. Sponsored ADR compare 56.3%
DASH DoorDash, Inc. compare 51.9%
AMZN Amazon.com, Inc. 51.4%
SE Sea Limited Sponsored ADR compare 44.3%
MELI MercadoLibre, Inc. compare 42.0%
BABA Alibaba Group Holding Limited compare 38.3%
CPNG Coupang, Inc. compare 27.4%
JD JD.com, Inc. compare 16.6%
Internet Retail industry median 44.0%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on AMZN