AMZN financial statements

The full income statement, balance sheet, and cash-flow statement for Amazon.com Inc. (AMZN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 10.50B2024-09 10.52B2024-12 10.60B2025-03 10.62B2025-06 10.66B2025-09 10.69B2025-12 10.73B2026-03 10.76B2026-06 10.79B+2.8% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	717B YoY+12.4%	638B YoY+11.0%	575B YoY+11.8%	514B YoY+9.4%	470B YoY+21.7%
Cost of revenue	356B YoY+9.2%	326B YoY+7.1%	305B YoY+5.5%	289B YoY+6.1%	272B YoY+16.7%
Selling, general & administrative	11.2B YoY-1.6%	11.4B YoY-3.9%	11.8B YoY-0.6%	11.9B YoY+34.8%	8.82B YoY+32.3%
General & administrative	11.2B YoY-1.6%	11.4B YoY-3.9%	11.8B YoY-0.6%	11.9B YoY+34.8%	8.82B YoY+32.3%
Selling & marketing	47.1B YoY+7.3%	43.9B YoY-1.0%	44.4B YoY+5.0%	42.2B YoY+29.8%	32.6B YoY+47.9%
Amortization of intangibles	817M YoY-2.5%	838M YoY+18.7%	706M YoY+16.9%	604M YoY+18.0%	512M YoY+0.6%
Provision for credit losses	1.60B YoY-15.8%	1.90B YoY+0.0%	1.90B YoY+18.8%	1.60B YoY+60.0%	1.00B YoY-28.6%
Operating income	80.0B YoY+16.6%	68.6B YoY+86.1%	36.9B YoY+200.9%	12.2B YoY-50.8%	24.9B YoY+8.6%
Interest expense	2.27B YoY-5.5%	2.41B YoY-24.4%	3.18B YoY+34.4%	2.37B YoY+30.8%	1.81B YoY+9.8%
Interest & investment income	4.38B YoY-6.3%	4.68B YoY+58.6%	2.95B YoY+198.2%	989M YoY+120.8%	448M YoY-19.3%
Other non-operating income	15.2B YoY+776.8%	-2.25B YoY-339.9%	938M YoY+105.6%	-16.8B YoY-214.8%	14.6B YoY+517.2%
Equity-method income	-554M YoY-448.5%	-101M YoY-741.7%	-12.0M YoY-300.0%	-3.00M YoY-175.0%	4.00M YoY-75.0%
Gain (loss) on equity securities	1.20B YoY+192.3%	-1.30B YoY-230.0%	1.00B YoY+107.4%	-13.6B YoY-217.2%	11.6B YoY+1292.6%
Pre-tax income	97.3B YoY+41.8%	68.6B YoY+82.7%	37.6B YoY+732.7%	-5.94B YoY-115.6%	38.2B YoY+57.8%
Income tax	19.1B YoY+106.0%	9.27B YoY+30.1%	7.12B YoY+321.3%	-3.22B YoY-167.1%	4.79B YoY+67.3%
Net income	77.7B YoY+31.1%	59.2B YoY+94.7%	30.4B YoY+1217.7%	-2.72B YoY-108.2%	33.4B YoY+56.4%
	$7.17 YoY+29.7%	$5.53 YoY+90.7%	$2.90 YoY+1174.1%	-$0.27 YoY-108.3%	$3.24 YoY+55.0%
EPS (basic)	$7.29 YoY+28.8%	$5.66 YoY+91.9%	$2.95 YoY+1192.6%	-$0.27 YoY-108.2%	$3.30 YoY+54.9%
	10.7B YoY+1.7%	10.5B YoY+1.6%	10.3B YoY+1.1%	10.2B YoY+0.7%	10.1B YoY+1.1%
	10.8B YoY+1.0%	10.7B YoY+2.2%	10.5B YoY+3.0%	10.2B YoY-1.0%	10.3B YoY+1.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	229B YoY+20.0%	191B YoY+10.7%	172B YoY+17.4%	147B YoY-9.2%	162B YoY+21.7%
Cash & equivalents	86.8B YoY+10.2%	78.8B YoY+7.3%	73.4B YoY+36.2%	53.9B YoY+48.8%	36.2B YoY-14.0%
Short-term investments	36.2B YoY+61.5%	22.4B YoY+67.4%	13.4B YoY-17.0%	16.1B YoY-73.0%	59.8B YoY+41.5%
Accounts receivable	67.7B YoY+22.1%	55.5B YoY+6.1%	52.3B YoY+23.4%	42.4B YoY+28.8%	32.9B YoY+34.0%
Inventory	38.3B YoY+12.0%	34.2B YoY+2.7%	33.3B YoY-3.2%	34.4B YoY+5.4%	32.6B YoY+37.2%
Prepaid expenses	6.90B YoY+9.5%	6.30B YoY+16.7%	5.40B YoY+20.0%	4.50B	—
	818B YoY+30.9%	625B YoY+18.4%	528B YoY+14.1%	463B YoY+10.0%	421B YoY+30.9%
Property, plant & equipment	357B YoY+41.3%	253B	—	—	—
Operating lease right-of-use	86.1B YoY+13.0%	76.1B YoY+5.0%	72.5B YoY+9.7%	66.1B YoY+17.9%	56.1B YoY+49.3%
Goodwill	23.3B YoY+0.9%	23.1B YoY+1.3%	22.8B YoY+12.3%	20.3B YoY+32.0%	15.4B YoY+2.4%
Intangible assets	9.20B YoY+6.9%	8.60B YoY+11.9%	7.69B YoY+26.1%	6.10B YoY+19.4%	5.11B YoY+2.5%
Other non-current assets	123B YoY+49.3%	82.1B YoY+46.6%	56.0B YoY+31.0%	42.8B YoY+57.0%	27.2B YoY+19.6%
	218B YoY+21.5%	179B YoY+8.8%	165B YoY+6.1%	155B YoY+9.2%	142B YoY+12.6%
Accounts payable	122B YoY+29.2%	94.4B YoY+11.0%	85.0B YoY+6.8%	79.6B YoY+1.2%	78.7B YoY+8.4%
Accrued liabilities	75.5B YoY+12.8%	67.0B YoY+3.5%	64.7B YoY+3.4%	62.6B YoY+20.8%	51.8B YoY+17.3%
Deferred revenue	20.6B YoY+13.7%	18.1B YoY+18.9%	15.2B YoY+15.1%	13.2B YoY+11.8%	11.8B YoY+21.8%
Short-term & current debt	2.75B YoY-45.2%	5.02B YoY-40.9%	8.49B YoY+183.2%	3.00B YoY+101.1%	1.49B YoY+29.1%
Current lease liability	12.7B YoY+20.0%	10.5B YoY+25.3%	8.42B YoY+12.9%	7.46B YoY+17.5%	6.35B YoY+38.4%
Finance lease liability (current)	1.54B YoY+12.3%	1.38B YoY-32.3%	2.03B YoY-53.8%	4.40B YoY-45.6%	8.08B YoY-22.1%
Long-term debt	65.6B YoY+24.8%	52.6B YoY-9.8%	58.3B YoY-13.2%	67.2B YoY+37.8%	48.7B YoY+53.2%
Deferred revenue (non-current)	4.40B YoY-32.3%	6.50B YoY+14.0%	5.70B YoY+96.6%	2.90B YoY+31.8%	2.20B YoY+15.8%
Non-current lease liability	76.6B YoY+10.9%	69.0B YoY+2.7%	67.2B YoY+9.2%	61.6B YoY+18.5%	52.0B YoY+50.6%
Operating lease liability (total)	89.3B YoY+12.1%	79.6B YoY+5.2%	75.6B YoY+9.6%	69.0B YoY+18.4%	58.3B YoY+49.2%
Finance lease liability (total)	12.3B YoY+15.9%	10.6B YoY-12.4%	12.1B YoY-23.3%	15.8B YoY-33.6%	23.8B YoY-16.5%
Finance lease liability	10.7B YoY+16.4%	9.23B YoY-8.4%	10.1B YoY-11.5%	11.4B YoY-27.3%	15.7B YoY-13.2%
Other non-current liabilities	36.0B YoY+25.9%	28.6B YoY+12.3%	25.5B YoY+20.5%	21.1B YoY-10.7%	23.6B YoY+38.9%
	411B YoY+43.7%	286B YoY+41.7%	202B YoY+38.2%	146B YoY+5.6%	138B YoY+48.0%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	112M YoY+0.9%	111M YoY+1.8%	109M YoY+0.9%	108M YoY+1.9%	106M YoY+2020.0%
Additional paid-in capital	140B YoY+15.9%	121B YoY+22.1%	99.0B YoY+31.9%	75.1B YoY+35.4%	55.4B YoY+29.3%
Retained earnings	251B YoY+44.9%	173B YoY+52.1%	114B YoY+36.6%	83.2B YoY-3.2%	85.9B YoY+63.5%
Treasury stock	7.84B YoY+0.0%	7.84B YoY+0.0%	7.84B YoY+0.0%	7.84B YoY+326.6%	1.84B YoY+0.0%
Accumulated other comprehensive income	28.2B YoY+83129.4%	-34.0M YoY+98.9%	-3.04B YoY+32.2%	-4.49B YoY-226.1%	-1.38B YoY-664.4%
Total liabilities & equity	818B YoY+30.9%	625B YoY+18.4%	528B YoY+14.1%	463B YoY+10.0%	421B YoY+30.9%
	11.2B YoY+1.2%	11.1B YoY+1.9%	10.9B YoY+1.3%	10.8B YoY+1.1%	10.6B YoY+1.0%
	10.7B YoY+1.3%	10.6B YoY+2.0%	10.4B YoY+1.4%	10.2B YoY+0.7%	10.2B YoY+1.1%
	10.7B YoY+1.3%	10.6B YoY+2.0%	10.4B YoY+1.4%	10.2B YoY+0.7%	10.2B YoY+1.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	140B YoY+20.4%	116B YoY+36.4%	84.9B YoY+81.7%	46.8B YoY+0.9%	46.3B YoY-29.9%
Depreciation & amortization	65.8B YoY+24.5%	52.8B YoY+8.5%	48.7B YoY+16.1%	41.9B YoY+21.7%	34.4B YoY+36.7%
Intangible amortization	817M YoY-2.5%	838M YoY+18.7%	706M YoY+16.9%	604M YoY+18.0%	512M YoY+0.6%
Share-based compensation	19.5B YoY-11.6%	22.0B YoY-8.4%	24.0B YoY+22.4%	19.6B YoY+53.8%	12.8B YoY+38.5%
Deferred income taxes	11.5B YoY+346.8%	-4.65B YoY+20.9%	-5.88B YoY+27.9%	-8.15B YoY-2528.4%	-310M YoY+44.0%
Change in inventory	3.00B YoY+59.3%	1.88B YoY+230.0%	-1.45B YoY-155.9%	2.59B YoY-72.7%	9.49B YoY+233.0%
Change in payables	11.2B YoY+277.9%	2.97B YoY-45.7%	5.47B YoY+85.8%	2.94B YoY-18.2%	3.60B YoY-79.4%
Other operating activities	—	—	—	—	137M YoY+293.0%
	-143B YoY-51.1%	-94.3B YoY-89.3%	-49.8B YoY-32.5%	-37.6B YoY+35.3%	-58.2B YoY+2.4%
Capital expenditure	132B YoY+58.8%	83.0B YoY+57.4%	52.7B YoY-17.2%	63.6B YoY+4.2%	61.1B YoY+52.1%
Free cash flow	7.70B YoY-76.6%	32.9B YoY+2.1%	32.2B YoY+290.7%	-16.9B YoY-14.7%	-14.7B YoY-156.8%
Acquisitions	0.00	0.00	0.00	0.00	0.00
	9.66B YoY+181.8%	-11.8B YoY+25.6%	-15.9B YoY-263.4%	9.72B YoY+54.5%	6.29B YoY+669.8%
Long-term debt issued	15.7B	0.00	0.00 YoY-100.0%	21.2B YoY+11.4%	19.0B YoY+80.6%
Long-term debt repaid	5.02B YoY-45.3%	9.18B YoY+149.8%	3.68B YoY+192.2%	1.26B YoY-20.9%	1.59B YoY+2.4%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00 YoY-100.0%	6.00B	0.00
Dividends paid	0.00	0.00	0.00	0.00	0.00
FX effect on cash	—	—	—	—	-364M YoY-158.9%
Net change in cash	7.79B YoY-7.5%	8.42B YoY-57.1%	19.6B YoY+10.5%	17.8B YoY+401.3%	-5.90B YoY-198.9%
Income taxes paid	8.29B YoY-32.6%	12.3B YoY+10.1%	11.2B YoY+85.2%	6.04B YoY+63.6%	3.69B YoY+115.3%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	2.48T YoY+6.6%	2.33T YoY+48.1%	1.57T YoY+83.2%	857B YoY-49.5%	1.70T YoY+3.5%
P/E	31.9× YoY-18.7%	39.2× YoY-49.8%	78.2× YoY+3.3%	75.7× YoY+48.8%	50.9× YoY-33.9%
P/S	3.5× YoY-5.2%	3.6× YoY+28.6%	2.8× YoY+66.1%	1.7× YoY-52.7%	3.6× YoY-15.0%
P/B	6.0× YoY-25.9%	8.1× YoY-5.3%	8.6× YoY+37.7%	6.2× YoY-49.2%	12.3× YoY-30.1%
P/FCF	322.0× YoY+355.3%	70.7× YoY-23.8%	92.8×	—	—
	3.1% YoY+23.0%	2.5% YoY+99.3%	1.3% YoY-3.2%	1.3% YoY-32.8%	2.0% YoY+51.2%
	0.31% YoY-78.0%	1.4% YoY+31.2%	1.1%	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: AMZN's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AMZN filings on SEC EDGAR → Not investment advice.