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Nasdaq · Consumer Discretionary

Amazon.com, Inc. (AMZN)

As-reported financials and SEC filings for Amazon.com, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Amazon.com, Inc.

Amazon.com Inc operates as a global e-commerce and cloud computing company. It serves consumers through online and physical stores offering a wide range of products, manufactures electronic devices, and provides subscription services like Amazon Prime. The company also offers cloud computing services through Amazon Web Services to developers and enterprises, and provides platforms for sellers, content creators, and advertisers.

Snapshot

Revenue
$716.92B
Revenue growth (YoY)
12.4%
Net income
$77.67B
Diluted EPS
$7.17
Gross margin
50.3%
Operating margin
11.2%
Net margin
10.8%
FCF margin
1.1%
ROE
18.9%
net income / fiscal-year-end equity
P/E
20.0×
trailing when available, otherwise FY EPS
Market cap
$2.69T
Long-term debt / equity
0.16×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Amazon.com

  • Revenue grew 12.4% to $716.9B in FY2025, in line with the 11.0% the year before.
  • Operating margin is 11.2% in FY2025, +5.9 pp against 5.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $200.6B, up 19.6% from Q2 FY2025.
  • Free cash flow was $7.7B in FY2025, 1.1% of revenue.
  • Net income rose 31.1% to $77.7B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Amazon.com’s fundamentals sit among the 410 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin50.3%
76th percentile of 277
Operating margin11.2%
77th percentile of 348
Net margin10.8%
84th percentile of 384
FCF margin1.1%
29th percentile of 358
Revenue growth (YoY)+12.4%
83rd percentile of 401
ROE18.9%
76th percentile of 349
P/E20.0×
61st percentile of 245
Long-term debt / equity0.16×
23rd percentile of 236
Short interest2.30d
23rd percentile of 407

No reported insider purchases (code P) in the last 90 days; 27 insider sales totaling $365.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 24 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
24
+7 quant / multi-strat
Initiated / added
19
1 new, 18 added
Reduced / exited
11
11 trimmed, 0 exited
Combined position
$34.04B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$3.98B16.7MAdded
AQR Capital ManagementquantQ2 2026$2.84B11.9MAdded
Coatue ManagementQ2 2026$2.82B11.8MAdded
D. E. ShawquantQ2 2026$2.61B10.9MAdded
Citadel AdvisorsquantQ2 2026$2.59B10.9MAdded
Tiger Global ManagementQ2 2026$2.31B9.7MReduced
Pershing Square Capital ManagementQ2 2026$2.04B8.6MReduced
Two Sigma InvestmentsquantQ2 2026$1.36B5.7MReduced
AppaloosaQ2 2026$1.19B5.0MAdded
Sands Capital ManagementQ2 2026$1.16B4.9MReduced
Harris Associates (Oakmark)Q2 2026$1.11B4.7MReduced
Point72 Asset ManagementquantQ2 2026$1.06B4.4MReduced
Millennium ManagementquantQ2 2026$981.2M4.1MAdded
Baupost GroupQ2 2026$892.3M3.7MAdded
Viking Global InvestorsQ2 2026$882.1M3.7MAdded
ValueAct CapitalQ2 2026$701.1M2.9MAdded
Polen Capital ManagementQ2 2026$669.7M2.8MReduced
Whale Rock Capital ManagementQ2 2026$583.4M2.4MAdded
Altimeter Capital ManagementQ2 2026$578.1M2.4MAdded
Renaissance TechnologiesquantQ2 2026$546.0M2.3MNew
Markel GroupQ2 2026$484.0M2.0MHeld
Bridgewater AssociatesQ2 2026$482.8M2.0MReduced
Maverick CapitalQ2 2026$481.7M2.0MReduced
Third PointQ2 2026$417.1M1.8MReduced
ARK Investment ManagementQ2 2026$379.2M1.6MAdded
Soros Fund ManagementQ2 2026$281.8M1.2MReduced
Corvex ManagementQ2 2026$215.9M905.7KAdded
Gotham Asset ManagementQ2 2026$200.1M839.5KAdded
Duquesne Family OfficeQ2 2026$129.1M541.6KAdded
Wedgewood PartnersQ2 2026$32.3M135.4KAdded
Hound PartnersQ2 2026$20.6M86.4KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
27
$365.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-01
filed 2026-10-05
Douglas J. HerringtonCEO Worldwide Amazon StoresSell1.0K$251.50$252K
2026-09-01
filed 2026-09-03
Douglas J. HerringtonCEO Worldwide Amazon StoresSell1.0K$254.77$255K
2026-08-24
filed 2026-08-25
David ZapolskySenior Vice PresidentSell9.3K$259.77$2.4M
2026-08-21
filed 2026-08-25
Andrew R. JassyPresident and CEOSell7.5K$259.61$2.0M
2026-08-21
filed 2026-08-25
Andrew R. JassyPresident and CEOSell7.5K$258.67$1.9M
2026-08-21
filed 2026-08-25
Brian T. OlsavskySenior Vice President and CFOSell6.2K$260.31$1.6M
2026-08-21
filed 2026-08-25
Matthew S. GarmanCEO Amazon Web ServicesSell5.2K$259.57$1.4M
2026-08-21
filed 2026-08-25
Matthew S. GarmanCEO Amazon Web ServicesSell5.2K$258.66$1.3M
2026-08-21
filed 2026-08-25
Andrew R. JassyPresident and CEOSell3.2K$257.63$824K
2026-08-21
filed 2026-08-25
Douglas J. HerringtonCEO Worldwide Amazon StoresSell2.4K$260.33$628K
2026-08-21
filed 2026-08-25
Matthew S. GarmanCEO Amazon Web ServicesSell2.2K$257.60$556K
2026-08-21
filed 2026-08-25
David ZapolskySenior Vice PresidentSell2.1K$259.63$554K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
86.7M
settled 2026-09-30
Change vs prior
+6.4%
vs previous settlement
Days to cover
2.30
at avg daily volume
Avg daily volume
37.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3086.7M+6.4%2.30
2026-09-1581.4M-11.5%2.77
2026-08-3192.1M-3.4%2.67
2026-08-1495.3M-3.2%2.27
2026-07-3198.4M-7.6%1.93
2026-07-15106.6M+6.2%2.76
2026-06-30100.3M+1.4%1.23
2026-06-1599.0M+7.0%2.25

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$716.92B$637.96B$574.78B$513.98B$469.82B
Gross profit
Operating income$79.97B$68.59B$36.85B$12.25B$24.88B
Pre-tax income$97.31B$68.61B$37.56B$-5.94B$38.15B
Net income$77.67B$59.25B$30.43B$-2.72B$33.36B
Diluted EPS$7.17$5.53$2.90$-0.27$3.24

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$86.81B$78.78B$73.39B$53.89B$36.22B
Current assets$229.08B$190.87B$172.35B$146.79B$161.58B
Total assets$818.04B$624.89B$527.85B$462.68B$420.55B
Current liabilities$218.00B$179.43B$164.92B$155.39B$142.27B
Long-term debt$65.65B$52.62B$58.31B$67.15B$48.74B
Total liabilities
Total equity$411.06B$285.97B$201.88B$146.04B$138.25B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$139.51B$115.88B$84.95B$46.75B$46.33B
Capital expenditure$131.82B$83.00B$52.73B$63.65B$61.05B
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$200.61B19.6%$62.65B$5.75
Q1 FY2026$181.52B16.6%$30.25B$2.78
Q4 FY202513.6%
Q3 FY2025$180.17B13.4%$21.19B$1.95
Q2 FY2025$167.70B13.3%$18.16B$1.68
Q1 FY2025$155.67B8.6%$17.13B$1.59
Q4 FY202410.5%
Q3 FY2024$158.88B11.0%$15.33B$1.43

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Catalog & Mail-Order Houses
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1018724

Selected SEC filings

10-K2026-02-06
View on EDGAR →
10-K2025-02-07
View on EDGAR →
10-Q2026-07-31
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
10-Q2025-10-31
View on EDGAR →
10-Q2025-08-01
View on EDGAR →
8-K2026-09-14
View on EDGAR →
8-K2026-09-09
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.