FY2007 – FY2025 · AMZN · CIK 1018724

Amazon Financials

Revenue, three-segment split, AWS as the profit engine, advertising and sub-revenue lines, headcount through the COVID surge and post-2022 reductions, AI capex, and the Anthropic exposure — every chart point sourced to a 10-K filing. EDGAR XBRL pulled live.

Latest annual revenue (FY2025)

$716.92B

Source: EDGAR XBRL, sourced live.

AWS revenue & operating margin (FY2025)

$128.72B / 35%

AWS produced $45.61B of operating income on $128.72B of revenue.

Advertising services revenue (FY2025)

$68.64B

Broken out separately starting FY2022; the high-growth retail-adjacent line.

Headcount (FY2025)

1,576,000

Year-end full-time-plus-part-time employees, ex. contractors / temporary workers.

Capex (FY2025)

$131.82B

18% of revenue — the AI-data-center build-out.

Stock price (AMZN)

Live current price plus a five-year history. Updates during US market hours (9:30 a.m. – 4:00 p.m. Eastern, Monday – Friday) via TradingView's embed widget.

Most recent Amazon SEC filings

The freshness frontier — the latest filing of each material form type, sourced live from EDGAR. The 10-K marked “Anchors this page” is the source of every value below; the others are surfaced for transparency.

10-K Anchors this page

Annual report

Filed 2026-02-06

10-Q

Quarterly report

Filed 2026-04-30

8-K

Material event

Filed 2026-04-29

DEF 14A

Proxy statement

Filed 2026-04-09

9 material filings have been filed since the anchor 10-K above (1 10-Q, 6 8-K, 1 DEF 14A, 1 ARS). The financial metrics on this page reflect what's been disclosed at fiscal-year-end; quarterly cuts in the 10-Qs filed since are not yet folded into the annual charts. The 10-K marked “Anchors this page” remains the source for the per-FY values shown.

Annual revenue

As reported on the consolidated statement of operations in each year's 10-K. Amazon's fiscal year ends December 31; FY2025 covers the year ending December 31, 2025. Sourced live from SEC EDGAR XBRL; the underlying tag is RevenueFromContractWithCustomerExcludingAssessedTax (post-ASC-606) with a fallback to SalesRevenueNet for older years.

$0$179B$358B$538B$717B$14.84BFY2007$19.17BFY2008$24.51BFY2009$34.20BFY2010$48.08BFY2011$61.09BFY2012$74.45BFY2013$88.99BFY2014$107.01BFY2015$135.99BFY2016$177.87BFY2017$232.89BFY2018$280.52BFY2019$386.06BFY2020$469.82BFY2021$513.98BFY2022$574.78BFY2023$637.96BFY2024$716.92BFY2025
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Fiscal yearRevenueSource
FY2007$14.84B10-K filed 2010-01-29
FY2008$19.17B10-K filed 2011-01-28
FY2009$24.51B10-K filed 2012-02-01
FY2010$34.20B10-K filed 2013-01-30
FY2011$48.08B10-K filed 2014-01-31
FY2012$61.09B10-K filed 2015-01-30
FY2013$74.45B10-K filed 2016-01-29
FY2014$88.99B10-K filed 2017-02-10
FY2015$107.01B10-K filed 2018-02-02
FY2016$135.99B10-K filed 2019-02-01
FY2017$177.87B10-K filed 2020-01-31
FY2018$232.89B10-K filed 2021-02-03
FY2019$280.52B10-K filed 2022-02-04
FY2020$386.06B10-K filed 2023-02-03
FY2021$469.82B10-K filed 2024-02-02
FY2022$513.98B10-K filed 2025-02-07
FY2023$574.78B10-K filed 2026-02-06
FY2024$637.96B10-K filed 2026-02-06
FY2025$716.92B10-K filed 2026-02-06

Revenue by segment

Amazon's three reportable segments: North America (the U.S./Canada/Mexico retail business including Whole Foods), International (retail outside North America, including the UK, Germany, Japan, India, and emerging markets), and AWS (Amazon Web Services — the largest public cloud). AWS was first broken out as a separate reportable segment in Q1 2015; the FY2017 10-K is the first under the stable presentation that aligns with later years (the FY2016 10-K used a slightly different format that carved out 'Operating income before stock-based compensation and other'). Hand-curated from each year's 10-K Note 'Segment Information' table; EDGAR companyfacts does not expose segment-disaggregated facts.

$0$179B$358B$538B$717B$177.87BFY2017$232.89BFY2018$280.52BFY2019$386.06BFY2020$469.82BFY2021$513.98BFY2022$574.78BFY2023$637.96BFY2024$716.92BFY2025
AWS
International
North America
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FY N. America International AWS AWS % Source
FY2017$106.11B$54.30B$17.46B10%10-K filed 2020-01-31
FY2018$141.37B$65.87B$25.66B11%10-K filed 2020-01-31
FY2019$170.77B$74.72B$35.03B12%10-K filed 2020-01-31
FY2020$236.28B$104.41B$45.37B12%10-K filed 2022-02-04
FY2021$279.83B$127.79B$62.20B13%10-K filed 2022-02-04
FY2022$315.88B$118.01B$80.10B16%10-K filed 2024-02-02
FY2023$352.83B$131.20B$90.76B16%10-K filed 2026-02-06
FY2024$387.50B$142.91B$107.56B17%10-K filed 2026-02-06
FY2025$426.31B$161.89B$128.72B18%10-K filed 2026-02-06

Operating income by segment — AWS as the profit engine

The operating-income split is the cut that makes Amazon's structure visible. AWS produces the majority of consolidated operating income in most years; the much-larger retail business (North America + International) runs near break-even or at a loss in down years (FY2022's full-year International loss of $7.7B and North America's $2.8B operating loss are visible below). Bars below the zero baseline are losses. Hand-curated from each year's 10-K Note 'Segment Information' table.

$46B$32B$19B$6B-$8BFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
North America
International
AWS
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FY N. America OI International OI AWS OI AWS share Source
FY2017$2.84B-$3.06B$4.33B105%10-K filed 2020-01-31
FY2018$7.27B-$2.14B$7.30B59%10-K filed 2020-01-31
FY2019$7.03B-$1.69B$9.20B63%10-K filed 2020-01-31
FY2020$8.65B$717M$13.53B59%10-K filed 2022-02-04
FY2021$7.27B-$924M$18.53B74%10-K filed 2022-02-04
FY2022-$2.85B-$7.75B$22.84B186%10-K filed 2024-02-02
FY2023$14.88B-$2.66B$24.63B67%10-K filed 2026-02-06
FY2024$24.97B$3.79B$39.83B58%10-K filed 2026-02-06
FY2025$29.62B$4.75B$45.61B57%10-K filed 2026-02-06

Revenue by product/service line

Amazon's seven-line revenue split disclosed in the 10-K under 'Net sales by groups of similar products and services'. Online stores is first-party retail (Amazon as the seller of record); Third-party seller services is fulfillment fees, commissions, and Fulfillment-by-Amazon revenue from sellers using the marketplace; AWS is the public cloud; Subscription services is Prime memberships plus other digital subscriptions; Advertising services is Amazon Ads (sponsored products, display, and video); Physical stores is Whole Foods, Amazon Fresh, and Amazon Go. The seven-line split was first disclosed in FY2020; Advertising services was rolled into 'Other' before FY2022 — the values shown here begin at FY2023, the first three-year window that has Advertising broken out across all rows. Hand-curated from each year's 10-K.

$0$179B$358B$538B$717B$574.78BFY2023$637.96BFY2024$716.92BFY2025
Online stores
Third-party seller services
AWS
Subscription services (Prime)
Advertising services
Physical stores
Other
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FY Online stores 3P seller AWS Subscription Advertising Ads % Physical Source
FY2023$231.87B$140.05B$90.76B$40.21B$46.91B8.2%$20.03B10-K filed 2026-02-06
FY2024$247.03B$156.15B$107.56B$44.37B$56.21B8.8%$21.21B10-K filed 2026-02-06
FY2025$269.29B$172.16B$128.72B$49.62B$68.64B9.6%$22.56B10-K filed 2026-02-06

“Technology and infrastructure” spending (Amazon's R&D-equivalent line)

Amazon labels what other companies call R&D as Technology and infrastructure on the consolidated income statement (called Technology and content through the FY2022 10-K). The line includes payroll for engineers and product development plus the cost of running AWS infrastructure for both internal and external use. Amazon does not file under the us-gaap:ResearchAndDevelopmentExpense tag, so this series is not in EDGAR companyfacts — it is hand-curated from the MD&A operating-expense breakdown in each 10-K.

$0$27B$54B$81B$109B$85.62B (15%)FY2023$88.54B (14%)FY2024$108.52B (15%)FY2025
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FYTech & InfraRevenue% of revenueSource
FY2023$85.62B$574.78B14.9%10-K filed 2026-02-06
FY2024$88.54B$637.96B13.9%10-K filed 2026-02-06
FY2025$108.52B$716.92B15.1%10-K filed 2026-02-06

Headcount — the COVID surge and post-2022 reductions

Year-end full-time-plus-part-time employees as disclosed in each 10-K's Human Capital Resources section. Excludes independent contractors and temporary personnel (Amazon supplements with both, especially seasonally — the seasonal-peak figure is materially higher than year-end and is not consistently disclosed). The COVID-era surge from ~798k (FY2019) to ~1.61M (FY2021) added roughly 800k net jobs over two years; the FY2022 drawdown reflects the first major round of layoffs (announced November 2022, expanded in January and March 2023, totaling ~27k corporate roles). The October 2025 announcement of ~14k more corporate-role reductions is captured in the timeline below.

0450k900k1.35M1.80MFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025341k566k648k798k1.30M1.61M1.54M1.52M1.56M1.58M
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FY Headcount Note Source
FY2016341,40010-K filed 2017-02-10
FY2017566,00010-K filed 2018-02-02
FY2018647,50010-K filed 2019-02-01
FY2019798,00010-K filed 2020-01-31
FY20201,298,000 COVID-era hiring surge; Amazon hired ~500k net during 2020.10-K filed 2021-02-03
FY20211,608,000 Pandemic-era peak full-time-plus-part-time headcount.10-K filed 2022-02-04
FY20221,541,000 First post-COVID drawdown; layoff rounds (~18k corporate) announced Nov 2022 and Jan 2023.10-K filed 2023-02-03
FY20231,525,00010-K filed 2024-02-02
FY20241,556,00010-K filed 2025-02-07
FY20251,576,00010-K filed 2026-02-06

Capital expenditures — the AI infrastructure ramp

Cash spent on productive assets (property, equipment, fulfillment-network build-outs, and AWS data-center infrastructure including Trainium / Inferentia silicon). Bar height is absolute dollars; the percentage in each label is capex as a share of revenue that fiscal year. Amazon's capex inflected in FY2024 and again hard in FY2025 ($131.8B, ~18% of revenue) on the back of AI-data-center build-out tied to the Anthropic compute commitments and AWS GenAI services. Sourced live from SEC EDGAR XBRL: PaymentsToAcquireProductiveAssets for FY2016+ and PaymentsToAcquirePropertyPlantAndEquipment for earlier years (Amazon migrated tags mid-decade). This is the cash-paid component; finance-lease commitments — another vehicle Amazon uses for fulfillment and data-center capacity — are disclosed in the 10-K's leases note and not added here in v1.

$0$33B$66B$99B$132B$224M (2%)FY2007$333M (2%)FY2008$373M (2%)FY2009$979M (3%)FY2010$1.81B (4%)FY2011$3.79B (6%)FY2012$3.44B (5%)FY2013$4.89B (5%)FY2014$4.59B (4%)FY2015$7.80B (6%)FY2016$11.96B (7%)FY2017$13.43B (6%)FY2018$16.86B (6%)FY2019$40.14B (10%)FY2020$61.05B (13%)FY2021$63.65B (12%)FY2022$52.73B (9%)FY2023$83.00B (13%)FY2024$131.82B (18%)FY2025
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FYCapexRevenue% of revenue
FY2007$224M$14.84B1.5%
FY2008$333M$19.17B1.7%
FY2009$373M$24.51B1.5%
FY2010$979M$34.20B2.9%
FY2011$1.81B$48.08B3.8%
FY2012$3.79B$61.09B6.2%
FY2013$3.44B$74.45B4.6%
FY2014$4.89B$88.99B5.5%
FY2015$4.59B$107.01B4.3%
FY2016$7.80B$135.99B5.7%
FY2017$11.96B$177.87B6.7%
FY2018$13.43B$232.89B5.8%
FY2019$16.86B$280.52B6.0%
FY2020$40.14B$386.06B10.4%
FY2021$61.05B$469.82B13.0%
FY2022$63.65B$513.98B12.4%
FY2023$52.73B$574.78B9.2%
FY2024$83.00B$637.96B13.0%
FY2025$131.82B$716.92B18.4%

Anthropic exposure — convertible notes plus nonvoting preferred stock

Amazon's Anthropic stake originated as $8 billion in convertible-note investments across 2023–2024 ($4B announced Sept 2023 and closed by March 2024; an additional $4B announced November 2024). A portion of those notes converted to nonvoting preferred stock in Q1 2025; further conversions and additional investments followed throughout 2025. The values below are as disclosed in the FY2025 10-K's equity-investments note — the page does not attempt to reconstruct Anthropic's standalone financials.

Convertible notes — fair value (12/31/2025)

$45.8B

Level 3 fair value of remaining (un-converted) notes.

Nonvoting preferred stock carrying value

$14.8B

Created by 2025 conversions of the original notes.

Pre-tax unrealized gain in AOCI

$39.5B

Accumulated other comprehensive income, from the convertible-note position.

FY2025 OI upward fair-value adj.

$7.2B

Recorded in “Other income (expense), net” on the FY2025 income statement.

FY2025 new convertible-note investment

$2.7B

Additional 2025 investments in new Anthropic convertible notes.

Q1 2026 disclosed forward gain + adj.

~$15B

Forward-disclosed Q1 2026 OI items: ~$3.0B reclassified gain + ~$12.0B upward adjustment, per the FY2025 10-K subsequent-events note.

Amazon's Anthropic stake is held in two instruments: convertible notes (originally $4B announced Sept 2023, expanded to $4B closed in March 2024, then doubled with $4B more announced Nov 2024 — total $8B principal) and nonvoting preferred stock (created in Q1 2025 when a portion of the convertible notes converted). As of December 31, 2025, the FY2025 10-K discloses: ~$45.8B fair value of remaining convertible notes, ~$14.8B carrying value of nonvoting preferred stock (with a $7.2B upward fair-value adjustment recorded in OI in 2025 alone), $39.5B pre-tax unrealized gain in AOCI from the notes, and $2.7B in additional convertible notes invested during 2025 (from new Anthropic financings). Amazon discloses a forward-looking note that an additional ~$3B gain plus a ~$12B upward adjustment will land in Q1 2026 from a further conversion. Amazon also has a commercial AWS-cloud-services arrangement with Anthropic (including AWS Trainium/Inferentia chip usage). The page surfaces these disclosures in a sidebar but does not attempt to reconstruct Anthropic's standalone financials from Amazon's filings.

Source: FY2025 10-K filed 2026-02-06 — Note 1 (Description of Business, Accounting Policies, and Supplemental Disclosures) and Note 4 (Investments).

Major acquisitions

Headline transaction values from announcement, in USD billions. Acquisition-attributable revenue is rolled into the segment line that absorbs the target (Whole Foods into North America's physical-stores line; MGM into the broader retail-and-content motion; One Medical into North America) and is not separately disclosed. The iRobot deal was announced August 2022 at $1.7B and abandoned in January 2024 under EU regulatory pressure; included for completeness.

Closed Target Headline price Category
2014-08-25Twitch Interactive$0.97Blive-streaming
2017-08-28Whole Foods Market$13.70Bgrocery / physical retail
2018-04-12Ring$1.00Bsmart-home / security
2018-04-02PillPack$0.75Bonline pharmacy
2021-04-30MGM Holdings (announced May 2021, closed Mar 2022)$8.50Bfilm / TV studio
2022-08-051Life Healthcare (One Medical)$3.90Bprimary care clinics
2023-08-22iRobot (announced Aug 2022, abandoned Jan 2024)$1.70Bconsumer robotics — DEAL ABANDONED under EU regulatory pressure

Other metrics

Operating income, net income, stock-based compensation, operating cash flow, and year-end cash & equivalents — the standard 10-K-derived secondary metrics. Last ten fiscal years shown. All values pulled live from SEC EDGAR XBRL.

MetricFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating Income$4.19B$4.11B$12.42B$14.54B$22.90B$24.88B$12.25B$36.85B$68.59B$79.97B
Net Income$2.37B$3.03B$10.07B$11.59B$21.33B$33.36B-$2.72B$30.43B$59.25B$77.67B
Stock-Based Compensation$2.98B$4.21B$5.42B$6.86B$9.21B$12.76B$19.62B$24.02B$22.01B$19.47B
Operating Cash Flow$17.20B$18.36B$30.72B$38.51B$66.06B$46.33B$46.75B$84.95B$115.88B$139.51B
Cash & Equivalents$19.33B$20.52B$31.75B$36.09B$42.12B$36.22B$53.89B$73.39B$78.78B$86.81B

Key events on the revenue timeline

Product launches, leadership transitions, acquisitions, layoff rounds, and disclosure changes that shape the revenue arc above.

  • 1994-07-05milestoneAmazon founded by Jeff Bezos in Bellevue, Washington
  • 1997-05-15milestoneAmazon IPO on Nasdaq at $18/share (split-adjusted ~$0.075)
  • 2002-08-25productAWS launched (initial Amazon.com Web Services API)
  • 2006-03-14productAmazon S3 launched — modern AWS begins
  • 2006-08-25productAmazon EC2 launched in beta
  • 2014-08-25acquisitionTwitch acquisition closed (~$970M)
  • 2015-01-29disclosureAWS first broken out as a separate reportable segment in Q4 2014 results
  • 2017-08-28acquisitionWhole Foods Market acquisition closed ($13.7B)
  • 2018-04-12acquisitionRing acquisition closed (~$1B)
  • 2021-07-05leadershipAndy Jassy becomes CEO; Jeff Bezos transitions to Executive Chair
  • 2022-03-17acquisitionMGM Holdings acquisition closed ($8.5B)
  • 2022-11-14disclosureLayoffs announced (~18,000 corporate roles, largest in Amazon history)
  • 2023-01-04disclosureLayoffs expanded to ~18,000+ across corporate roles
  • 2023-03-20disclosureLayoffs expanded by ~9,000 (AWS, advertising, Twitch)
  • 2023-09-25milestoneAnthropic strategic investment announced ($1.25B initial, up to $4B total)
  • 2023-09-26disclosureFTC v. Amazon antitrust lawsuit filed
  • 2024-03-27milestoneAnthropic investment expanded by $2.75B (total commitment $4B reached)
  • 2024-11-22milestoneAnthropic investment doubled with additional $4B (total $8B)
  • 2025-10-28disclosureLayoffs announced (~14,000 corporate roles, largest since 2022)

Methodology & data sources

Live data. Annual revenue, operating income, net income, stock-based compensation, operating cash flow, capital expenditures (productive assets / PP&E), and year-end cash & equivalents are sourced live from Amazon's SEC EDGAR XBRL company-facts endpoint. If EDGAR is unreachable when the page is being prepared, the page is not updated, so visitors never see stale fallback numbers.

Capex tag migration. Amazon's capex was tagged as PaymentsToAcquirePropertyPlantAndEquipment in 10-Ks through FY2015 and as PaymentsToAcquireProductiveAssets from FY2016 onward. Both tags are read and merged into a single continuous series so the chart spans the whole history without a discontinuity.

Hand-curated, source-tagged. Amazon's segment-disaggregated revenue and operating income (NA / International / AWS), the FY2020+ seven-line sub-revenue split (Online stores / Physical stores / Third-party seller services / Advertising / Subscription / AWS / Other), the per-FY 'Technology and infrastructure' operating-expense line (Amazon does not file under us-gaap:ResearchAndDevelopmentExpense), year-end headcount, the major-acquisitions roster, and the Anthropic-exposure values are not exposed in the EDGAR companyfacts JSON. Each value is hand-curated from the underlying 10-K filing and tagged with the filing's accession number. When a newer 10-K is filed than the one a value was last verified against, a "Verification due" banner appears next to the affected section.

Refresh cadence. Hand-curated values are re-verified quarterly, aligned with Amazon's fiscal-year cadence (FY ends December 31; the FY10-K typically lands in early February). The 10-Qs land in late April / late July / late October.

What's intentionally not here. Live market cap (live share-price × stale shares-outstanding produces a number that's routinely wrong; visitors can read market cap from any public quote source). Forward guidance, analyst estimates, and price targets (out of scope — the page is reported actuals). Editorial framing about whether AWS is over- or under-valued, or whether the FTC antitrust case will succeed. Anthropic's standalone financials — Amazon discloses what it commits and the equity-method / fair-value P&L impact, but the page does not try to reconstruct Anthropic's revenue from Amazon's filings. Prime member counts (reported irregularly and not in 10-K/10-Q line-item form). Capital-returns chart — Amazon does not pay dividends and has done only minimal share buybacks (a single $6B program in 2022, otherwise zero), so no recurring capital-returns chart is meaningful. The split-adjusted IPO-price-to-current display would be misleading because of multiple stock splits; the TradingView widget above provides current price context instead.

Cross-references. Tech Financial History for the multi-company comparison view. Tech Filings for every Amazon SEC filing in chronological order. Federal Tech Spending for the US-government IT-procurement side (AWS is a top federal cloud vendor). Amazon's row on the Orgs index for the company profile.

Last updated: 2026-04-30 15:33 UTC. Latest 10-K on EDGAR: 0001018724-26-000004 filed 2026-02-06. Hand-curated source-tag anchor: 0001018724-26-000004.