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.

248.00 2.38 −0.95%
Market cap
$2.70T
P/E
19.7×
Fwd P/E
19.2×
Dividend yield
—
F-score
6/9
Altman Z
5.27
Beneish M
−2.63
Dividend safety
n/a

Amazon.com, Inc. (AMZN) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
North America 426,305 59.46%
International 161,894 22.58%
AWS 128,725 17.96%
Gross margin 50.29%
Operating margin 11.16%
Pre-tax margin 13.57%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
Electronics And Other General Merchandise — — — — — — — — — — — — 48,802 38,628 28,712 18,363 11,082
Media — — — — — — — — — — — — 21,716 19,942 17,779 14,888 12,774
Other Non Retail — — — — — — — — — — — — 826 2,523 1,586 953 653
Also reported: a second breakdown of the same revenue
Online stores 269,287 247,029 231,872 220,004 222,075 197,346 141,247 122,987 108,354 91,431 76,863 68,513 — — — — —
Third-party seller services 172,162 156,146 140,053 117,716 103,366 80,461 53,762 42,745 31,881 22,993 16,086 11,747 — — — — —
AWS 128,725 107,556 90,757 80,096 62,202 45,370 35,026 25,655 17,459 12,219 7,880 4,644 3,108 — — — —
Advertising services 68,635 56,214 46,906 37,739 31,160 19,773 12,625 — — — — — — — — — —
Subscription services 49,619 44,374 40,209 35,218 31,768 25,207 19,210 14,168 9,721 6,394 4,467 2,762 — — — — —
Physical stores 22,561 21,215 20,030 18,963 17,075 16,227 17,192 17,224 5,798 0 0 — — — — — —
Other 5,935 5,425 4,958 4,247 2,176 1,680 1,460 10,108 4,653 2,950 1,710 1,322 — — — — —
Net product sales 296,266 — 255,887 — — — 160,408 — — — — — — — — — —
Net service sales 420,658 — 318,898 — — — 120,114 — — — — — — — — — —
Revenue 716,924 637,959 574,785 513,983 469,822 386,064 280,522 232,887 177,866 135,987 107,006 88,988 74,452 61,093 48,077 34,204 24,509

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013
North America 426,305 387,497 352,828 315,880 279,833 236,282 170,773 141,366 106,110 79,785 63,708 50,834 41,410
International 161,894 142,906 131,200 118,007 127,787 104,412 74,723 65,866 54,297 43,983 35,418 33,510 29,934
AWS 128,725 107,556 90,757 80,096 62,202 45,370 35,026 25,655 17,459 12,219 7,880 4,644 3,108
Revenue 716,924 637,959 574,785 513,983 469,822 386,064 280,522 232,887 177,866 135,987 107,006 88,988 74,452

Operating income by segment $m, and margin

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013
United States 489,657 438,015 395,637 356,113 314,006 263,520 193,636 160,146 120,486 90,349 70,537 54,717 43,959
Rest of world 107,467 93,832 81,967 69,802 63,505 46,035 31,125 24,507 17,150 11,146 7,356 6,099 5,028
Germany 45,900 40,856 37,588 33,598 37,326 29,565 22,232 19,881 16,951 14,148 11,816 11,919 10,535
United Kingdom 43,212 37,855 33,591 30,074 31,914 26,483 17,527 14,524 11,372 9,547 9,033 8,341 7,291
Japan 30,688 27,401 26,002 24,396 23,071 20,461 16,002 13,829 11,907 10,797 8,264 7,912 7,639
Revenue 716,924 637,959 574,785 513,983 469,822 386,064 280,522 232,887 177,866 135,987 107,006 88,988 74,452

Operating income by segment $m, and margin

Operating figures as reported in each quarter’s results release

Figure Quarter Latest A year before Change
Employees (full-time and part-time; excludes contractors & temporary personnel) Q2 FY2026 1.6M 1.5M +3.17%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.