AmazonAMZN

Hyperscaler

AWS rents the floor the buildout stands on, and the Anthropic stake hedges the model layer. The retail business pays for the patience.

Member of the US AI 100

Financials

In US dollars

Annual balance sheet, newest period first
Breakdown	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014	12/31/2013	12/31/2012	12/31/2011

Total Assets

$818.04B+30.9%

$624.89B+18.4%

$527.85B+14.1%

$462.68B+10.0%

$420.55B+30.9%

$321.19B+42.6%

$225.25B+38.5%

$162.65B+23.9%

$131.31B+57.4%

$83.40B+28.8%

$64.75B+18.8%

$54.51B+35.7%

$40.16B+23.4%

$32.55B+28.8%

$25.28B+34.5%

$18.80B+36.1%

$13.81B+66.1%

$8.31B+28.2%

$6.49B+48.6%

$4.36B+18.0%

$3.70B+13.8%

$3.25B+50.2%

$2.16B+8.6%

$1.99B+21.6%

$1.64B−23.3%

$2.14B−13.4%

$2.47B+280.3%

$648.5M+332.8%

$149.8M+999%+

$8.3M+663.0%

$1.1M

Current Assets

$229.08B+20.0%

$190.87B+10.7%

$172.35B+17.4%

$146.79B−9.2%

$161.58B+21.7%

$132.73B+37.8%

$96.33B+28.3%

$75.10B+24.8%

$60.20B+31.5%

$45.78B+28.2%

$35.70B+14.0%

$31.33B

Cash & Equivalents

$86.81B+10.2%

$78.78B+7.3%

$73.39B+36.2%

$53.89B+48.8%

$36.22B−14.0%

$42.12B+16.7%

$36.09B+13.7%

$31.75B+54.7%

$20.52B+6.1%

$19.33B+21.7%

$15.89B+9.2%

$14.56B

Short-Term Investments

$36.22B+61.5%

$22.42B+67.4%

$13.39B−17.0%

$16.14B−73.0%

$59.83B+41.5%

$42.27B+123.3%

$18.93B+99.3%

$9.50B−9.2%

$10.46B+57.4%

$6.65B+69.7%

$3.92B+37.0%

$2.86B

Receivables

$67.73B+22.1%

$55.45B+6.1%

$52.25B+23.4%

$42.36B+28.8%

$32.89B+34.0%

$24.54B+17.9%

$20.82B+24.8%

$16.68B+26.7%

$13.16B+57.9%

$8.34B+47.5%

$5.65B+0.7%

$5.61B

Inventory

$38.33B+12.0%

$34.21B+2.7%

$33.32B−3.2%

$34.41B+5.4%

$32.64B+37.2%

$23.80B+16.1%

$20.50B+19.3%

$17.17B+7.0%

$16.05B+40.0%

$11.46B+11.9%

$10.24B+23.4%

$8.30B

Non-Current Assets

$588.96B+35.7%

$434.03B+22.1%

$355.50B+12.5%

$315.88B+22.0%

$258.97B+37.4%

$188.46B+46.2%

$128.91B+47.3%

$87.55B+23.1%

$71.11B+89.0%

$37.62B+29.5%

$29.04B+25.3%

$23.18B

Net PP&E

$443.08B+34.8%

$328.81B+18.8%

$276.69B+9.4%

$252.84B+16.9%

$216.36B+43.6%

$150.67B+54.0%

$97.85B+58.3%

$61.80B+26.5%

$48.87B+67.8%

$29.11B+33.3%

$21.84B+28.7%

$16.97B

Long-Term Investments

$0.00

Goodwill & Intangibles

$23.27B+0.9%

$23.07B+1.3%

$22.79B+12.3%

$20.29B+32.0%

$15.37B+2.4%

$15.02B+1.8%

$14.75B+1.4%

$14.55B+9.0%

$13.35B+252.8%

$3.78B+0.7%

$3.76B+13.3%

$3.32B

Deferred Tax Assets

$0.00

$0.00−100.0%

$379.0M+73.9%

$218.0M−24.8%

$290.0M

Total Liabilities

$406.98B+20.1%

$338.92B+4.0%

$325.98B+3.0%

$316.63B+12.2%

$282.30B+23.9%

$227.79B+39.6%

$163.19B+37.0%

$119.10B+15.0%

$103.60B+61.6%

$64.12B+24.8%

$51.36B+17.4%

$43.76B

Current Liabilities

$218.00B+21.5%

$179.43B+8.8%

$164.92B+6.1%

$155.39B+9.2%

$142.27B+12.6%

$126.39B+43.9%

$87.81B+28.4%

$68.39B+18.2%

$57.88B+32.1%

$43.82B+29.3%

$33.89B+20.6%

$28.09B

Payables

$121.91B+29.2%

$94.36B+11.0%

$84.98B+6.8%

$79.60B+1.2%

$78.66B+8.4%

$72.54B+53.7%

$47.18B+23.5%

$38.19B+10.3%

$34.62B+36.8%

$25.31B+24.1%

$20.40B+23.9%

$16.46B

Deferred Revenue

$20.58B+13.7%

$18.10B+18.9%

$15.23B+15.1%

$13.23B+11.8%

$11.83B+21.8%

$9.71B+18.5%

$8.19B+25.3%

$6.54B+28.2%

$5.10B+6.9%

$4.77B+52.9%

$3.12B+71.0%

$1.82B

Current Debt

$0.00

Non-Current Liabilities

$188.97B+18.5%

$159.49B−1.0%

$161.06B−0.1%

$161.24B+15.1%

$140.04B+38.1%

$101.41B+34.5%

$75.38B+48.6%

$50.71B+10.9%

$45.72B+125.2%

$20.30B+16.2%

$17.48B+11.5%

$15.68B

Long-Term Debt

$152.99B+16.9%

$130.90B−3.5%

$135.61B−3.2%

$140.12B+20.4%

$116.39B+37.9%

$84.39B+33.5%

$63.20B+90.7%

$33.15B+34.0%

$24.74B+221.6%

$7.69B−6.5%

$8.23B−0.5%

$8.27B

Stockholders' Equity

$411.06B+43.7%

$285.97B+41.7%

$201.88B+38.2%

$146.04B+5.6%

$138.25B+48.0%

$93.40B+50.5%

$62.06B+42.5%

$43.55B+57.2%

$27.71B+43.7%

$19.29B+44.1%

$13.38B+24.6%

$10.74B

Retained Earnings

$250.54B+44.9%

$172.87B+52.1%

$113.62B+36.6%

$83.19B−3.2%

$85.92B+63.5%

$52.55B+68.3%

$31.22B+59.1%

$19.63B+127.2%

$8.64B+75.7%

$4.92B+93.2%

$2.54B+30.6%

$1.95B

Accumulated Other Comprehensive Income

$28.23B+999%+

−$34.0M+98.9%

−$3.04B+32.2%

−$4.49B−226.1%

−$1.38B−664.4%

−$180.0M+81.7%

−$986.0M+4.7%

−$1.03B−113.8%

−$484.0M+50.9%

−$985.0M−36.2%

−$723.0M−41.5%

−$511.0M

Total Debt

$152.99B+16.9%

$130.90B−3.5%

$135.61B−3.2%

$140.12B+20.4%

$116.39B+37.9%

$84.39B+33.5%

$63.20B+90.7%

$33.15B+34.0%

$24.74B+221.6%

$7.69B−6.5%

$8.23B−0.5%

$8.27B+159.0%

Working Capital

$11.08B−3.1%

$11.44B+53.8%

$7.43B+186.4%

−$8.60B−144.5%

$19.31B+204.3%

$6.35B−25.5%

$8.52B+27.0%

$6.71B+190.0%

$2.31B+17.8%

$1.97B+8.1%

$1.82B−43.9%

$3.24B+96.8%

Book Value per Share

$38.58+41.3%

$27.31+39.4%

$19.59+36.7%

$14.33+4.9%

$13.67+46.4%

$9.34+48.6%

$6.28+40.5%

$4.47+54.9%

$2.89+41.9%

$2.03+41.9%

$1.43+23.3%

$1.16+9.0%

Shares Outstanding

10.69B+1.7%

10.52B+1.8%

10.33B+1.3%

10.20B+0.6%

10.14B+1.1%

10.04B+1.2%

9.92B+1.4%

9.78B+1.5%

9.64B+1.4%

9.50B+1.4%

9.38B+1.2%

9.26B+1.2%