COVERAGE / AMZN / Consumer

AMAZON COM INC

Retail-Catalog & Mail-Order Houses

COVERAGE STATUSACTIVE

DATA THROUGH2025-12-31

RESEARCH REPORTS2

SELECTED FILINGS1

Fundamental matrix

Latest / 2025-12-31 · Prior / 2024-12-31 · USD · Annual periods

Revenue

$716.92bn

Prior / $637.96bn

Change / +12.38%

SOURCE / 2026-02-06

Operating income

$79.98bn

Prior / $68.59bn

Change / +16.59%

SOURCE / 2026-02-06

Net income

$77.67bn

Prior / $59.25bn

Change / +31.09%

SOURCE / 2026-02-06

Diluted EPS

$7.17

Prior / $5.53

Change / +29.66%

SOURCE / 2026-02-06

Free cash flow

Not available

Prior / Not available

Change / Unavailable

SOURCE / 2026-02-06

Gross margin

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

Operating margin

11.16%

Prior / 10.75%

Change / +0.40 pp

SOURCE / 2026-02-06

Return on avg. equity

22.29%

Prior / 24.29%

Change / -2.00 pp

SOURCE / 2026-02-06

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 716924000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 77670000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 79975000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 7.17,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 139514000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 818042000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 411065000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 229083000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 218005000000,
    "accn": "0001018724-26-000004",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-06",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2025-12-31	$716.92bn	$77.67bn	Not available	$7.17
2024-12-31	$637.96bn	$59.25bn	Not available	$5.53
2023-12-31	$574.79bn	$30.43bn	Not available	$2.90
2022-12-31	$513.98bn	$-2.72bn	Not available	$-0.27

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2025-12-31. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	35.03x	Unavailable	30.90x	14
P/S	3.78x	Unavailable	2.31x	13
P/B	6.59x	Unavailable	11.78x	9
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	Unavailable	Unavailable	2.22%	9

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-07-22 DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 251.19,
  "tradingDate": "2026-09-17",
  "marketCap": 2709414106150.68,
  "source": "Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-07-22"
}

Company & operating context

AMAZON COM INC is an SEC-reporting issuer listed on NASDAQ under AMZN. Its SEC industry description is Retail-Catalog & Mail-Order Houses. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Retailers, consumer brands and service platforms balance demand, price, unit volume and operating costs.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

10-KFILED / 2026-02-06PERIOD / 2025-12-31

AMZN filed this 10-K on 2026-02-06 for the reported period 2025-12-31. Reading focus: Unit volumes, comparable sales, inventory, pricing and operating leverage. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.

ORIGINAL SEC DISCLOSURE ↗

Research archive

HR-0014AMZNEarnings Review

AMZN: the annual earnings and cash-flow comparison ↗

AMAZON COM INC

Research abstract

A two-period review of AMZN revenue, profitability and cash conversion; reported revenue growth was 12.38%.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

HR-0015AMZNCompany Research

AMZN: reading the FY2025 financial structure ↗

AMAZON COM INC

Research abstract

Annual revenue of USD 716.924 billion and net income of USD 77.670 billion for the period ended 2025-12-31.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Consumer affordability, input inflation, competitive promotions and discretionary demand.

Unit volumes, comparable sales, inventory, pricing and operating leverage.

CONSUMER SYSTEM ↗

Sources & dates

SEC annual filing · 2025-12-31 ↗Source date 2026-02-06
SEC annual filing · 2024-12-31 ↗Source date 2026-02-06
SEC annual filing · 2023-12-31 ↗Source date 2026-02-06
SEC annual filing · 2022-12-31 ↗Source date 2025-02-07
SEC issuer record ↗Source date 2026-09-18