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AMAZON COM INCAMZN

Sector
Consumer
Industry
Retail-Catalog & Mail-Order Houses
Exchange
Nasdaq

Stock Price $AMZN

Latest filings

You are here#1 of 30 in Consumer Discretionary by market cap

Filing record · 2016–202610-K1110-Q328-K114

AMZN filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 114 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Feb ’19Feb ’19
  2. Leadership change8-K · Jan ’21Jan ’21
  3. Material agreement8-K · Jan ’23Jan ’23
  4. FY2024 annual report10-K · Feb ’25Feb ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2026
Source: 10-KFY2025
Source: 10-KFY2026

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $716.92B
YoY changeLargest recent move+37.6%in FY20Latest +12.4%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All AMZN Financial Metrics59 metrics

Income Statement15

Balance Sheet27

Cash Flow13

Per Share4

02—Overview

AMAZON COM INC Financial Overview 2021–2025

Updated Jul 10, 2026

Amazon’s operating income reached a record $79.9 billiona in FY2025, proving the e-commerce operator can wring massive cash flows out of its retail network while simultaneously scaling its global infrastructure. The core investment thesis centers on this margin expansion, as the company relies on its highly profitable cloud operations to fund an aggressive shift into artificial intelligence. Demonstrating this consistent top-line compounding, consolidated net sales grew from $469.8 billion in FY2021 to $716.9 billion in FY2025.

Amazon Web Services (AWS) remains the definitive profit engine. AWS sales surged 20% to $128.7 billionb in FY2025, generating $45.6 billion in operating income alone. This cloud momentum accelerated into Q1 2026, where AWS revenue jumped 28% year-over-year to $37.6 billion. Management is plowing these cash flows directly into next-generation capability. Technology and infrastructure costs rose 23% to $108.5 billion in FY2025, setting the stage for a $15 billion strategic equity investment in OpenAI during Q1 2026. Investors rewarded this combination of accelerating cloud growth and structural retail profitability. At the close of FY2025, the stock traded at 32.2x earnings with a share price of $230.82, commanding a $2.48 trillion market cap.

Recent Developments (Q4 2025 and Q1 2026)

Amazon expanded its satellite and artificial intelligence footprint during Q1 2026 while delivering robust bottom-line growth. Net income increased to $30.3 billionc, up from $17.1 billion in the prior year, as total net sales grew 17% year-over-year to $181.5 billion.

The company committed an additional $35.0 billiond to OpenAI, raising its total equity pledge to $50.0 billion. Management also agreed to acquire Globalstar for $10.9 billion. To fund these initiatives, Amazon issued $36.8 billion in domestic notes and €14.5 billion in European debt. Bulls argue that doubling net income while securing exclusive technology partnerships cements long-term market leadership. Bears caution that these multibillion-dollar capital commitments and rising debt loads leave the stock vulnerable at 37.0x earnings as of the April 30, 2026 reporting date.

What to watch: closing conditions for the Globalstar acquisition; cloud integration timelines for OpenAI models

03—Filings

Recent SEC Filings

  1. 8-KAMAZON COM INC 8-K Report, Corporate Update (Sep 14, 2026)Amazon.com, Inc. (AMZN) has filed an 8-K report detailing the successful closing of a significant debt offering on September 14, 2026. The company raised approximately £4.235 billion in net proceeds by issuing four series of notes with varying maturity dates and coupon rates. This offering includes £1.25 billion in 5.200% notes due 2029, £1 billion in 5.550% notes due 2032, £1 billion in 6.250% notes due 2038, and £1 billion in 6.650% notes due 2045. This move signals Amazon's strategy to access capital markets for potential future investments, operational expansion, or to refinance existing debt. Investors should note the specific interest rates and maturity profiles of these new notes, which provide a clear picture of Amazon's current cost of long-term borrowing and its debt management strategy. The offering was registered under a previously filed Form S-3, indicating a well-planned and executed financing transaction.
  2. 8-KAMAZON COM INC 8-K Report, Executive Changes (Sep 9, 2026)Amazon.com, Inc. announced a significant addition to its Board of Directors, electing Kevin R. Mandia as a new director. Mr. Mandia brings extensive experience in the cybersecurity sector, having founded Armadin, Inc. and previously led Mandiant, Inc. before its acquisition by Google. His appointment to the Audit Committee and Security Committee underscores Amazon's continued focus on robust oversight, particularly in areas critical to the company's operations and data security. In connection with his directorship, Mr. Mandia will receive a restricted stock unit award of 4,086 shares, vesting over three years, aligning his interests with those of shareholders. The filing also disclosed a familial relationship; Mr. Mandia's sister-in-law, Kristin Mandia, is an employee of Amazon with compensation consistent with her role. Investors should note that this appointment enhances the board's expertise in a rapidly evolving and crucial technological domain.
  3. 8-KAMAZON COM INC 8-K Report, Financial Results (Jul 30, 2026)Amazon reported second quarter 2026 net sales of $200.6 billion, up 20% year-over-year, with operating income of $27.5 billion, up 43%. Growth was led by AWS, whose sales rose 37% to $42.2 billion and whose operating income nearly doubled-to-plus-60% (about 63%) to $16.6 billion. North America sales rose 16% to $116.2 billion and International rose 15% to $42.2 billion. Advertising services grew 26%. Operating margin expanded to 13.7% from 11.4%, and the AWS segment margin reached 39.4%. Reported net income of $62.6 billion ($5.75 per diluted share) is not representative of operating performance. It includes $53.4 billion of non-operating other income, which the company attributes primarily to its investments in Anthropic. Balance sheet data supports this: other assets rose to $284.1 billion from $122.6 billion at year-end 2025, and accumulated other comprehensive income rose to $66.3 billion from $28.2 billion. Investors should look at operating income and segment results rather than headline EPS. The main concern is cash flow. Trailing twelve-month operating cash flow grew 33% to $161.4 billion, but free cash flow turned to a $7.6 billion outflow, compared with $18.2 billion of inflow a year earlier. The company attributes this to a $66.1 billion year-over-year increase in net capital expenditures, primarily for AI infrastructure. Long-term debt more than doubled to $128.9 billion from $65.6 billion at year-end 2025. For third quarter 2026, the company guided to net sales of $197.0 to $202.0 billion (9% to 12% growth) and operating income of $22.5 to $26.5 billion, versus $17.4 billion a year earlier.
  4. 8-KAMAZON COM INC 8-K Report, Corporate Update (Jul 9, 2026)Amazon.com, Inc. (AMZN) has announced the successful closing of a significant debt offering totaling approximately $24.923 billion in aggregate principal amount. This offering comprises multiple tranches of notes with varying maturities and interest rates, including floating rate notes and fixed-rate notes ranging from 2029 to 2066. The net proceeds from this substantial issuance are estimated to be approximately $24.867 billion after deducting underwriting discounts. This debt issuance represents a strategic move by Amazon to bolster its capital structure and fund its ongoing operations and growth initiatives. Investors should note the diversification of maturities, which can help manage the company's debt profile over the long term. The fixed interest rates on the majority of the notes provide certainty for future interest expenses, while the inclusion of floating rate notes may offer flexibility in a changing interest rate environment. The filing details the underwriting agreement and the terms of the notes, which are registered under a previously filed S-3 registration statement.
  5. 8-KAMAZON COM INC 8-K Report, Corporate Update (Jun 12, 2026)Amazon.com, Inc. (AMZN) has filed an 8-K report to announce the successful closing of a substantial debt offering on June 12, 2026. The company raised C$13.967 billion in aggregate principal amount through the issuance of various notes with maturities ranging from 2029 to 2056. The net proceeds from this offering are estimated to be approximately C$13.934 billion, after accounting for underwriting discounts. This debt issuance, registered under a prior Form S-3 filing, indicates Amazon's strategy to secure significant capital. Investors should note the different coupon rates across the various note series, reflecting diverse maturity profiles and prevailing interest rate environments. The proceeds are expected to bolster Amazon's financial flexibility, potentially for ongoing operations, strategic investments, or debt management.
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04—See also

Related Companies

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