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
| Breakdown | TTM | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 |
|---|---|---|---|---|---|---|
| Total Revenue | $775.68B | $716.92B+12.4% | $637.96B+11.0% | $574.78B+11.8% | $513.98B+9.4% | $469.82B |
| Cost of Revenue | $381.87B | $356.41B+9.2% | $326.29B+7.1% | $304.74B+5.5% | $288.83B+6.1% | $272.34B |
| Gross Profit | $393.81B | $360.51B+15.7% | $311.67B+15.4% | $270.05B+19.9% | $225.15B+14.0% | $197.48B |
| Operating Expense | $300.10B | $280.54B+15.4% | $243.08B+4.2% | $233.19B+9.5% | $212.90B+23.4% | $172.60B |
| Research & Development | $121.09B | $108.52B+22.6% | $88.54B+3.4% | $85.62B+16.9% | $73.21B+30.6% | $56.05B |
| Selling, General & Administrative | $58.92B | $58.30B+5.5% | $55.27B−1.6% | $56.19B+3.8% | $54.13B+30.8% | $41.37B |
| Operating Income | $93.71B | $79.97B+16.6% | $68.59B+86.1% | $36.85B+200.9% | $12.25B−50.8% | $24.88B |
| Interest Expense | $3.33B | $2.27B−5.5% | $2.41B−24.4% | $3.18B+34.4% | $2.37B+30.8% | $1.81B |
| Pretax Income | $174.90B | $96.76B+41.2% | $68.51B+82.5% | $37.55B+732.2% | −$5.94B−115.6% | $38.16B |
| Tax Provision | $39.62B | $19.09B+106.0% | $9.27B+30.1% | $7.12B+321.3% | −$3.22B−167.1% | $4.79B |
| Net Income | $135.28B | $77.67B+31.1% | $59.25B+94.7% | $30.43B+999%+ | −$2.72B−108.2% | $33.36B |
| Net Income to Common Stockholders | $135.28B | $77.67B+31.1% | $59.25B+94.7% | $30.43B+999%+ | −$2.72B−108.2% | $33.36B |
| Basic EPS | $12.60 | $7.29+28.8% | $5.66+91.9% | $2.95+999%+ | −$0.27−108.2% | $3.30 |
| Diluted EPS | $12.43 | $7.17+29.7% | $5.53+90.7% | $2.90+999%+ | −$0.27−108.3% | $3.24 |
| Basic Average Shares | 10.77B | 10.66B+1.7% | 10.47B+1.6% | 10.30B+1.1% | 10.19B+0.7% | 10.12B |
| Diluted Average Shares | 10.90B | 10.83B+1.0% | 10.72B+2.2% | 10.49B+3.0% | 10.19B−1.0% | 10.30B |
| EBIT | $178.23B | $99.03B+39.6% | $70.92B+74.1% | $40.73B+999%+ | −$3.57B−108.9% | $39.96B |
| EBITDA | $253.43B | $164.79B+33.2% | $123.71B+38.4% | $89.39B+133.1% | $38.35B−48.5% | $74.40B |
| Stock-Based Compensation | $19.31B | $19.47B−11.6% | $22.01B−8.4% | $24.02B+22.4% | $19.62B+53.8% | $12.76B |
5 periods and the trailing twelve months · latest filed Dec 31, 2025