Amazon.com profit margin AMZN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 17.4%
- Operating margin, 12 months
- 12.1%
- Net margin on a year earlier
- +6.9 pts
- Peer median
- 36.9%
Over the twelve months to Jun 30, 2026, Amazon.com kept 17.4% of its revenue as net profit, with an operating margin of 12.1% and a gross margin of 50.8%.
Five years earlier its net margin was 6.6%.
The median for 10 consumer cyclical stocks of a similar size is 36.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 10.8% | 11.2% | 50.3% |
| FY2024 | 9.3% | 10.8% | 48.9% |
| FY2023 | 5.3% | 6.4% | 47.0% |
| FY2022 | −0.5% | 2.4% | 43.8% |
| FY2021 | 7.1% | 5.3% | 42.0% |
| FY2020 | 5.5% | 5.9% | 39.6% |
| FY2019 | 4.1% | 5.2% | 41.0% |
| FY2018 | 4.3% | 5.3% | 40.2% |
| FY2017 | 1.7% | 2.3% | 37.1% |
| FY2016 | 1.7% | 3.1% | 35.1% |
| FY2015 | 0.6% | 2.1% | 33.0% |
| FY2014 | −0.3% | 0.2% | 29.5% |
| FY2013 | 0.4% | 1.0% | 27.2% |
| FY2012 | −0.1% | 1.1% | 24.8% |
| FY2011 | 1.3% | 1.8% | 22.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 17.4% | +6.9 pts | 12.1% | |
| Q1 FY26 | 12.2% | +2.1 pts | 11.5% | |
| Q4 FY25 | 10.8% | +1.5 pts | 11.2% | |
| Q3 FY25 | 11.1% | +3.0 pts | 11.0% | |
| Q2 FY25 | 10.5% | +3.2 pts | 11.4% | |
| Q1 FY25 | 10.1% | +3.8 pts | 11.0% | |
| Q4 FY24 | 9.3% | +4.0 pts | 10.8% | |
| Q3 FY24 | 8.0% | +4.4 pts | 9.8% | |
| Q2 FY24 | 7.4% | +4.9 pts | 9.0% | |
| Q1 FY24 | 6.4% | +5.6 pts | 8.0% | |
| Q4 FY23 | 5.3% | +5.8 pts | 6.4% | |
| Q3 FY23 | 3.6% | +1.4 pts | 4.8% |
Against its peers
Companies in Consumer Cyclical nearest Amazon.com's size, closest first, today.
| Company | Profit margin |
|---|---|
| AMZNAmazon.com | 17.4% |
| SPCXSpaceX | n/m |
| GOOGAlphabet | 54.8% |
| MSFTMicrosoft | 40.3% |
| METAMeta Platforms | 31.1% |
| AVGOBroadcom | 42.9% |
| TSLATesla | n/m |
| AAPLApple | 27.6% |
| NVDANVIDIA | 63.7% |
| LLYEli Lilly and | 33.5% |
| BRK-BBerkshire Hathaway | 22.3% |
| Peer median | 36.9% |
Where Amazon.com ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Amazon.com
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.