Amazon income statement
In fiscal 2025, Amazon reported revenue of $716.92bn, up 12.4% on the year before, operating income of $79.97bn (a 11.2% margin) and net income of $77.67bn, or $7.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.5 | 34.2 | 48.1 | 61.1 | 74.5 | 89.0 | 107.0 | 136.0 | 177.9 | 232.9 | 280.5 | 386.1 | 469.8 | 514.0 | 574.8 | 638.0 | 716.9 | 797.5 |
| Cost of revenue | 19.0 | 26.6 | 37.3 | 46.0 | 54.2 | 62.8 | 71.7 | 88.3 | 111.9 | 139.2 | 165.5 | 233.3 | 272.3 | 288.8 | 304.7 | 326.3 | 356.4 | 387.8 |
| Gross profit | 5.5 | 7.6 | 10.8 | 15.1 | 20.3 | 26.2 | 35.4 | 47.7 | 65.9 | 93.7 | 115.0 | 152.8 | 197.5 | 225.2 | 270.0 | 311.7 | 360.5 | 409.7 |
| General and administrative | 0.3 | 0.5 | 0.7 | 0.9 | 1.1 | 1.6 | 1.7 | 2.4 | 3.7 | 4.3 | 5.2 | 6.7 | 8.8 | 11.9 | 11.8 | 11.4 | 11.2 | 10.8 |
| Operating income | 1.1 | 1.4 | 0.9 | 0.7 | 0.7 | 0.2 | 2.2 | 4.2 | 4.1 | 12.4 | 14.5 | 22.9 | 24.9 | 12.2 | 36.9 | 68.6 | 80.0 | 104.4 |
| Interest expense | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.5 | 0.5 | 0.8 | 1.4 | 1.6 | 1.6 | 1.8 | 2.4 | 3.2 | 2.4 | 2.3 | 4.5 |
| Income before tax | 1.2 | 1.5 | 0.9 | 0.5 | 0.5 | −0.1 | 1.6 | 3.9 | 3.8 | 11.3 | 14.0 | 24.2 | 38.2 | −5.9 | 37.6 | 68.6 | 97.3 | 174.2 |
| Income tax | 0.3 | 0.4 | 0.3 | 0.4 | 0.2 | 0.2 | 1.0 | 1.4 | 0.8 | 1.2 | 2.4 | 2.9 | 4.8 | −3.2 | 7.1 | 9.3 | 19.1 | 38.9 |
| Net income | 0.9 | 1.2 | 0.6 | −0.0 | 0.3 | −0.2 | 0.6 | 2.4 | 3.0 | 10.1 | 11.6 | 21.3 | 33.4 | −2.7 | 30.4 | 59.2 | 77.7 | 134.8 |
| Diluted EPS | $0.10 | $0.13 | $0.07 | −$0.00 | $0.03 | −$0.03 | $0.06 | $0.24 | $0.31 | $1.01 | $1.15 | $2.09 | $3.24 | −$0.27 | $2.90 | $5.53 | $7.17 | $12.37 |
| Diluted shares (average) | 8,840m | 9,120m | 9,220m | 9,060m | 9,300m | 9,240m | 9,540m | 9,680m | 9,860m | 10,000m | 10,080m | 10,198m | 10,296m | 10,189m | 10,492m | 10,721m | 10,827m | 10,893m |
| EBITDA | 1.5 | 2.0 | 1.9 | 2.3 | 3.2 | 3.8 | 8.5 | 12.3 | 15.6 | 27.8 | 36.3 | 48.1 | 59.3 | 54.2 | 85.5 | 121.4 | 145.7 | 183.7 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 187.8 | 155.7 | 167.7 | 180.2 | 213.4 | 181.5 | 200.6 | 201.9 |
| Cost of revenue | 98.9 | 77.0 | 80.8 | 88.7 | 110.0 | 87.5 | 95.8 | 94.6 |
| Gross profit | 88.9 | 78.7 | 86.9 | 91.5 | 103.4 | 94.1 | 104.8 | 107.4 |
| General and administrative | 2.9 | 2.6 | 3.0 | 2.9 | 2.7 | 2.6 | 2.8 | 2.7 |
| Operating income | 21.2 | 18.4 | 19.2 | 17.4 | 25.0 | 23.9 | 27.5 | 28.1 |
| Interest expense | 0.6 | 0.5 | 0.5 | 0.5 | 0.7 | 0.8 | 1.3 | 1.7 |
| Income before tax | 22.3 | 21.7 | 20.9 | 28.2 | 26.6 | 39.8 | 80.9 | 26.9 |
| Income tax | 2.3 | 4.6 | 2.7 | 6.9 | 4.9 | 9.6 | 18.2 | 6.2 |
| Net income | 20.0 | 17.1 | 18.2 | 21.2 | 21.2 | 30.3 | 62.6 | 20.7 |
| Diluted EPS | $1.86 | $1.59 | $1.68 | $1.95 | $1.95 | $2.78 | $5.75 | $1.89 |
| EBITDA | 36.8 | 32.7 | 34.4 | 34.2 | 44.4 | 42.8 | 47.4 | 49.0 |
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