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as of market close, Sep 11, 2026
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Amazon.com Inc. drawdown: 9.6% below the all-time high

Amazon.com Inc. is 9.6% below its all-time high, set Aug 3, 2026 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−9.6%
90.4% of ATH
All-time high
$284.02
Aug 3, 2026
Time below the high
39 days
since Aug 3, 2026
Worst-ever drawdown
−94.4%
Sep 28, 2001
Longest underwater
9.9 yrs
between all-time highs
Today's level first reached
Apr 24, 2026
5 mo ago
Last time this deep
Jul 30, 2026
in a previous episode

% of all-time high since 1997#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
AMZN close · log0.101.0010.00100
200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 10, 1999Sep 28, 2001−94.4%1.8 yrsOct 23, 20099.9 yrs
Apr 23, 1999Aug 9, 1999−59.3%4 moDec 10, 19998 mo
Jul 8, 2021Dec 28, 2022−56.1%18 moApr 11, 20242.8 yrs
Jan 11, 1999Feb 18, 1999−51.5%38 daysApr 5, 19993 mo
Jul 6, 1998Sep 15, 1998−47.7%2 moNov 17, 19984 mo
Sep 4, 2018Dec 24, 2018−34.1%4 moFeb 4, 202017 mo
Feb 4, 2025Apr 21, 2025−30.9%2 moOct 31, 20259 mo
Dec 29, 2015Feb 9, 2016−30.5%42 daysMay 10, 20164 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1997: how far Amazon.com Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Amazon.com Inc. from its all-time high?
Amazon.com Inc. is currently 9.6% below its all-time high, set Aug 3, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Amazon.com Inc. drawdown ever?
The deepest decline on record in our data (since 1997) took Amazon.com Inc. 94.4% below its prior high, bottoming Sep 28, 2001. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from AMZN; no free deep history exists for Amazon.com Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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