Also trades as: 0R1O.IL (IOB) · $vol 56M · AMZN.TO (TSX) · $vol 13M · AMZ.DE (XETRA) · $vol 7M · AMZN.NE (NEO) · $vol 4M

$253.10

+4.01 (+1.61%)

After Hours: $253.86 (+0.76, +0.30%)

Weekly Expected Move ±4.6%

$225 $237 $248 $259 $271

NASDAQ · Consumer Cyclical · Specialty Retail · Tech Score Sell · Power 53 · $2.73T mcap · 9.81B float · 0.446% daily turnover · Short 38% of daily vol

Credit Risk of going bust: lower than 85% of companies Debt: 7.7% of company value Bonds: $4.63B held by 770 funds, 60 bp over Treasuries → details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.91 (down 99.6%), Amazon.com, Inc. would be worth roughly what it owes.
Total debt $223.23B against a stock market value of $2.69T.
Distance to default 11.20 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $64.45B (short-term plus half of long-term), stock volatility 34.1%; Altman Z'' 3.23. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$716.9B +12.4% ▲

5Y CAGR: +13.2%

Gross Profit

$360.5B +15.7% ▲

5Y CAGR: +18.7%

Operating Income

$80.0B +16.6% ▲

5Y CAGR: +28.4%

Net Income

$77.7B +31.1% ▲

5Y CAGR: +29.5%

EPS (Diluted)

$7.17 +29.7% ▲

5Y CAGR: +28.0%

EBITDA

$165.3B +33.5% ▲

5Y CAGR: +26.5%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$469.8B	$514.0B	$574.8B	$638.0B	$716.9B
YoY Growth	+21.7%	+9.4%	+11.8%	+11.0%	+12.4%
Cost of Revenue	$272.3B	$288.8B	$304.7B	$326.3B	$356.4B
Gross Profit	$197.5B	$225.2B	$270.0B	$311.7B	$360.5B
Gross Margin	42.0%	43.8%	47.0%	48.9%	50.3%
R&D Expenses	$56.1B	$73.2B	$85.6B	$88.5B	$108.5B
SG&A Expenses	$41.4B	$54.1B	$56.2B	$55.3B	$58.3B
Operating Expenses	$172.6B	$212.9B	$233.2B	$243.1B	$280.5B
Operating Income	$24.9B	$12.2B	$36.9B	$68.6B	$80.0B
Operating Margin	5.3%	2.4%	6.4%	10.8%	11.2%
Interest Expense	$1.8B	$2.4B	$3.2B	$2.4B	$2.3B
Income Before Tax	$38.2B	-$5.9B	$37.6B	$68.5B	$96.8B
Tax Expense	$4.8B	-$3.2B	$7.1B	$9.3B	$19.1B
Net Income	$33.4B	-$2.7B	$30.4B	$59.2B	$77.7B
Net Margin	7.1%	-0.5%	5.3%	9.3%	10.8%
EPS (Diluted)	$3.24	$-0.27	$2.90	$5.53	$7.17
EBITDA	$74.4B	$38.4B	$89.4B	$123.8B	$165.3B
Shares Outstanding	10.30B	10.19B	10.49B	10.72B	10.83B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$158.9B	$187.8B	$155.7B	$167.7B	$180.2B	$213.4B	$181.5B	$200.6B
Cost of Revenue	$81.0B	$98.9B	$77.0B	$80.8B	$88.7B	$110.0B	$87.5B	$95.8B
Gross Profit	$77.9B	$88.9B	$78.7B	$86.9B	$91.5B	$103.4B	$94.1B	$104.8B
Gross Margin	49.0%	47.3%	50.6%	51.8%	50.8%	48.5%	51.8%	52.3%
R&D Expenses	$22.2B	$23.6B	$23.0B	$27.2B	$29.0B	$29.4B	$29.6B	$33.2B
SG&A Expenses	$13.3B	$16.0B	$12.4B	$14.4B	$14.6B	$17.0B	$12.9B	$14.5B
Operating Expenses	$60.5B	$67.7B	$60.3B	$67.7B	$74.1B	$78.5B	$70.2B	$77.4B
Operating Income	$17.4B	$21.2B	$18.4B	$19.2B	$17.4B	$25.0B	$23.9B	$27.5B
Operating Margin	11.0%	11.3%	11.8%	11.4%	9.7%	11.7%	13.1%	13.7%
Interest Expense	$603M	$570M	$541M	$516M	$538M	$679M	$800M	$1.3B
Income Before Tax	$18.0B	$22.3B	$21.7B	$20.9B	$28.1B	$26.1B	$39.8B	$80.9B
Tax Expense	$2.7B	$2.3B	$4.6B	$2.7B	$6.9B	$4.9B	$9.6B	$18.2B
Net Income	$15.3B	$20.0B	$17.1B	$18.2B	$21.2B	$21.2B	$30.3B	$62.6B
Net Margin	9.6%	10.7%	11.0%	10.8%	11.8%	9.9%	16.7%	31.2%
EPS (Diluted)	$1.43	$1.86	$1.59	$1.68	$1.95	$1.95	$2.78	$5.75
EBITDA	$32.1B	$38.5B	$36.5B	$36.6B	$45.5B	$46.8B	$59.6B	$102.2B
Shares Outstanding	10.73B	10.72B	10.79B	10.81B	10.85B	10.86B	10.87B	10.90B

AMZN NASDAQ