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.

250.06 4.70 −1.84%
Market cap
$2.75T
P/E
19.8×
Fwd P/E
28.5×
Dividend yield
—
F-score
6/9
Altman Z
5.27
Beneish M
−2.63
Dividend safety
n/a

Amazon.com, Inc. (AMZN) Operating margin

Alert me on Operating margin

Amazon.com, Inc.'s operating margin over the twelve months to 30 June 2026 was 12.1%, up 0.9 percentage points from fiscal 2025 (11.2%). Over the past ten years it has ranged from 2.09% (fiscal 2015) to 11.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Internet Retail industry median of 0.08% and above the Consumer Cyclical sector median of 3.57%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 11.2% 0.41
FY2024 10.8% 4.34
FY2023 6.41% 4.03
FY2022 2.38% (2.92)
FY2021 5.30% (0.63)
FY2020 5.93% 0.75
FY2019 5.18% (0.15)
FY2018 5.33% 3.02
FY2017 2.31% (0.77)
FY2016 3.08% 0.99

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 13.7% 0.55
Mar 2026 13.1% 1.43
Dec 2025 11.7% 2.04
Sep 2025 9.67% (1.76)
42 more quarters

Against its own ten years

Low 2.09% High 11.2%
Ten-year median 5.30%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
PDD PDD Holdings Inc. Sponsored ADR compare 21.9%
EBAY eBay Inc. compare 20.6%
AMZN Amazon.com, Inc. 12.1%
MELI MercadoLibre, Inc. compare 8.26%
SE Sea Limited Sponsored ADR compare 8.24%
DASH DoorDash, Inc. compare 4.48%
BABA Alibaba Group Holding Limited compare 4.34%
JD JD.com, Inc. compare 0.15%
CPNG Coupang, Inc. compare −1.77%
Internet Retail industry median 0.08%
Consumer Cyclical sector median 3.57%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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