Amazon.com (AMZN) financials
Amazon.com revenue and earnings by year
Amazon.com's revenue was $717 billion in the fiscal year to December 31, 2025, up 12.4% from the year before. Net income was $77.7 billion, 10.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 20.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 716.9 | 638.0 | 574.8 | 514.0 | 469.8 | 386.1 | 280.5 | 232.9 | 177.9 | 136.0 |
| Revenue growth | 12.4% | 11.0% | 11.8% | 9.4% | 21.7% | 37.6% | 20.5% | 30.9% | 30.8% | — |
| Gross profit | 360.5 | 311.7 | 270.0 | 225.2 | 197.5 | 152.8 | 115.0 | 93.7 | 65.9 | 47.7 |
| Gross margin | 50.3% | 48.9% | 47.0% | 43.8% | 42.0% | 39.6% | 41.0% | 40.2% | 37.1% | 35.1% |
| Operating income | 80.0 | 68.6 | 36.9 | 12.2 | 24.9 | 22.9 | 14.5 | 12.4 | 4.1 | 4.2 |
| Operating margin | 11.2% | 10.8% | 6.4% | 2.4% | 5.3% | 5.9% | 5.2% | 5.3% | 2.3% | 3.1% |
| Net income | 77.7 | 59.2 | 30.4 | -2.7 | 33.4 | 21.3 | 11.6 | 10.1 | 3.0 | 2.4 |
| Net margin | 10.8% | 9.3% | 5.3% | -0.5% | 7.1% | 5.5% | 4.1% | 4.3% | 1.7% | 1.7% |
| Diluted EPS | $7.17 | $5.53 | $2.90 | -$0.27 | $3.24 | $2.09 | $1.15 | $1.01 | $0.31 | $0.25 |
| Free cash flow | 11.2 | 38.2 | 36.8 | -11.6 | -9.1 | 31.0 | 25.8 | 19.4 | 8.3 | 10.5 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open AMZN in Markets.
How Amazon.com makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Online Stores | $68.5B | 33.9% |
| Third-Party Seller Services | $46.5B | 23.0% |
| AWS | $46.0B | 22.8% |
| Advertising Services | $19.6B | 9.7% |
| Subscription Services | $14.0B | 6.9% |
| Physical Stores | $5.71B | 2.8% |
| Other Services | $1.65B | 0.8% |
See also: AMZN valuation and P/E history · AMZN returns
No forecast, no recommendation. This page describes Amazon.com from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.