Summary
Amazon.com, Inc. (AMZN) reported strong financial results for the fiscal year ending December 31, 2025, with consolidated net sales growing by 12% to $716.9 billion. This growth was driven by a 10% increase in North America sales to $426.3 billion, a 13% increase in International sales to $161.9 billion, and a significant 20% surge in Amazon Web Services (AWS) sales to $128.7 billion. Despite a substantial increase in operating expenses, particularly in technology and infrastructure which grew by 23%, Amazon maintained robust operating income, reaching $79.9 billion. This performance was bolstered by a strong increase in AWS operating income, which grew to $45.6 billion. The company's financial position remains solid, with cash, cash equivalents, and marketable securities totaling $123.0 billion, providing ample liquidity. Key investments continue in technology and infrastructure, including AI initiatives, underscoring Amazon's commitment to long-term growth and innovation.
Financial Highlights
53 data points| Revenue | $716.92B |
| Cost of Revenue | $356.41B |
| Gross Profit | $360.51B |
| Operating Expenses | $636.95B |
| Operating Income | $79.97B |
| Net Income | $77.67B |
| EPS (Basic) | $7.29 |
| EPS (Diluted) | $7.17 |
| Shares Outstanding (Basic) | 10.66B |
| Shares Outstanding (Diluted) | 10.83B |
Key Highlights
- 1Consolidated net sales increased 12% year-over-year to $716.9 billion in 2025.
- 2AWS segment sales grew 20% to $128.7 billion, demonstrating continued strong demand for cloud services.
- 3North America segment sales increased 10% to $426.3 billion, driven by unit sales and advertising.
- 4International segment sales increased 13% to $161.9 billion, also supported by unit sales and advertising.
- 5Operating income increased to $79.9 billion, up from $68.6 billion in 2024, despite a significant rise in technology and infrastructure costs.
- 6Cash, cash equivalents, and marketable securities totaled $123.0 billion as of December 31, 2025, indicating strong liquidity.
- 7Significant investments continue in technology and infrastructure, particularly for AI initiatives, with technology and infrastructure costs growing 23% to $108.5 billion.