Q1 FY2026, built from SEC filings. Accession numbers are cited throughout so every figure can be checked against sec.gov. The same data is published as JSON at financials.json for agents that prefer to fetch it directly.
Amazon.com, Inc. operates in three reportable segments: North America (retail sales of consumer products including from third-party sellers, plus advertising and subscription services through North America-focused online and physical stores), International (the same activities through internationally-focused online stores), and AWS (global sales of compute, storage, database and other cloud services). The schema below is the standard operating-company template (income statement, balance sheet, cash flow) extended with the three reportable segments, the company's net sales split by product and service group, geographic net sales, and the debt, lease and contractual-commitment detail that dominates the balance sheet of a business investing this heavily in fulfillment and data-center capacity.
Reporting currency
USD
Converted to USD
no
Units
actual dollars (not millions)
Share count note
Weighted-average and issued/outstanding share counts on the face of both filings' statements are presented in millions on the same tables whose dollar amounts are in millions; they have been converted to whole shares here. The cover-page counts are already stated in whole shares and were used unchanged.
Annual
FY2023
FY2024
FY2025
Fiscal year
2023
2024
2025
Period end
2023-12-31
2024-12-31
2025-12-31
Source accession
0001018724-26-000004
0001018724-26-000004
0001018724-26-000004
Source statement
FY2025 Form 10-K, earliest comparative column
FY2025 Form 10-K, prior-year comparative column
FY2025 Form 10-K, current-year column
Income statement
Net product sales
255,887,000,000
272,311,000,000
296,266,000,000
Net service sales
318,898,000,000
365,648,000,000
420,658,000,000
Total net sales
574,785,000,000
637,959,000,000
716,924,000,000
Cost of sales
304,739,000,000
326,288,000,000
356,414,000,000
Fulfillment
90,619,000,000
98,505,000,000
109,074,000,000
Technology and infrastructure
85,622,000,000
88,544,000,000
108,521,000,000
Sales and marketing
44,370,000,000
43,907,000,000
47,129,000,000
General and administrative
11,816,000,000
11,359,000,000
11,172,000,000
Other operating expense income net
767,000,000
763,000,000
4,639,000,000
Total operating expenses
537,933,000,000
569,366,000,000
636,949,000,000
Operating income
36,852,000,000
68,593,000,000
79,975,000,000
Interest income
2,949,000,000
4,677,000,000
4,381,000,000
Interest expense
-3,182,000,000
-2,406,000,000
-2,274,000,000
Other income expense net
938,000,000
-2,250,000,000
15,229,000,000
Total non operating income
705,000,000
21,000,000
17,336,000,000
Income before income taxes
37,557,000,000
68,614,000,000
97,311,000,000
Provision for income taxes
-7,120,000,000
-9,265,000,000
-19,087,000,000
Equity method investment activity net of tax
-12,000,000
-101,000,000
-554,000,000
Net income
30,425,000,000
59,248,000,000
77,670,000,000
Earnings per share basic
2.95
5.66
7.29
Earnings per share diluted
2.9
5.53
7.17
Weighted average shares basic
10,304,000,000
10,473,000,000
10,656,000,000
Weighted average shares diluted
10,492,000,000
10,721,000,000
10,827,000,000
Balance sheet
Property and equipment net
204,177,000,000
252,665,000,000
357,025,000,000
Total assets
527,854,000,000
624,894,000,000
818,042,000,000
Common stock
109,000,000
111,000,000
112,000,000
Treasury stock at cost
-7,837,000,000
-7,837,000,000
-7,837,000,000
Additional paid in capital
99,025,000,000
120,864,000,000
140,024,000,000
Accumulated other comprehensive income loss
-3,040,000,000
-34,000,000
28,230,000,000
Retained earnings
113,618,000,000
172,866,000,000
250,536,000,000
Total stockholders equity
201,875,000,000
285,970,000,000
411,065,000,000
Common shares outstanding
10,383,000,000
10,593,000,000
10,731,000,000
Balance sheet coverage note
The FY2025 10-K's balance sheet presents only two dates, December 31, 2024 and December 31, 2025, so there is no December 31, 2023 column for the asset, current-asset and liability captions - cash and cash equivalents, marketable securities, inventories, receivables, goodwill, accounts payable, unearned revenue, debt and lease liabilities are therefore not reported here for that date. The amounts that are shown come from elsewhere in the same 10-K: total assets and property and equipment, net from the segment note, and the full set of stockholders' equity captions from the 'Balance as of December 31, 2023' row of the consolidated statements of stockholders' equity.
Cash and cash equivalents
78,779,000,000
86,810,000,000
Marketable securities current
22,423,000,000
36,219,000,000
Inventories
34,214,000,000
38,325,000,000
Accounts receivable net and other
55,451,000,000
67,729,000,000
Total current assets
190,867,000,000
229,083,000,000
Operating lease right of use assets
76,141,000,000
86,054,000,000
Goodwill
23,074,000,000
23,273,000,000
Other assets
82,147,000,000
122,607,000,000
Accounts payable
94,363,000,000
121,909,000,000
Accrued expenses and other
66,965,000,000
75,520,000,000
Unearned revenue current
18,103,000,000
20,576,000,000
Total current liabilities
179,431,000,000
218,005,000,000
Long term lease liabilities
78,277,000,000
87,339,000,000
Long term debt
52,623,000,000
65,648,000,000
Other long term liabilities
28,593,000,000
35,985,000,000
Preferred stock
0
0
Total liabilities and stockholders equity
624,894,000,000
818,042,000,000
Common shares issued
11,108,000,000
11,246,000,000
Cash flow
Cash cash equivalents and restricted cash beginning of period
54,253,000,000
73,890,000,000
82,312,000,000
Net income
30,425,000,000
59,248,000,000
77,670,000,000
Depreciation and amortization of property and equipment capitalized content operating lease assets and other
48,663,000,000
52,795,000,000
65,756,000,000
Stock based compensation
24,023,000,000
22,011,000,000
19,467,000,000
Non operating expense income net
-748,000,000
2,012,000,000
-14,880,000,000
Deferred income taxes
-5,876,000,000
-4,648,000,000
11,470,000,000
Change in inventories
1,449,000,000
-1,884,000,000
-3,002,000,000
Change in accounts receivable net and other
-8,348,000,000
-3,249,000,000
-7,333,000,000
Change in other assets
-12,265,000,000
-14,483,000,000
-15,632,000,000
Change in accounts payable
5,473,000,000
2,972,000,000
11,231,000,000
Change in accrued expenses and other
-2,428,000,000
-2,904,000,000
-5,019,000,000
Change in unearned revenue
4,578,000,000
4,007,000,000
-214,000,000
Net cash provided by used in operating activities
84,946,000,000
115,877,000,000
139,514,000,000
Purchases of property and equipment
-52,729,000,000
-82,999,000,000
-131,819,000,000
Proceeds from property and equipment sales and incentives
4,596,000,000
5,341,000,000
3,499,000,000
Acquisitions net of cash acquired non marketable investments and other net
-5,839,000,000
-7,082,000,000
-3,841,000,000
Sales and maturities of marketable securities
5,627,000,000
16,403,000,000
44,386,000,000
Purchases of marketable securities
-1,488,000,000
-26,005,000,000
-54,770,000,000
Net cash provided by used in investing activities
-49,833,000,000
-94,342,000,000
-142,545,000,000
Proceeds from short term debt and other
18,129,000,000
5,142,000,000
9,320,000,000
Repayments of short term debt and other
-25,677,000,000
-5,060,000,000
-8,426,000,000
Proceeds from long term debt
0
0
15,673,000,000
Repayments of long term debt
-3,676,000,000
-9,182,000,000
-5,021,000,000
Principal repayments of finance leases
-4,384,000,000
-2,043,000,000
-1,557,000,000
Principal repayments of financing obligations
-271,000,000
-669,000,000
-328,000,000
Net cash provided by used in financing activities
-15,879,000,000
-11,812,000,000
9,661,000,000
Foreign currency effect on cash
403,000,000
-1,301,000,000
1,164,000,000
Net increase decrease in cash cash equivalents and restricted cash
19,637,000,000
8,422,000,000
7,794,000,000
Cash cash equivalents and restricted cash end of period
73,890,000,000
82,312,000,000
90,106,000,000
Free cash flow as defined by the company
n/a
38,219,000,000
11,194,000,000
Purchases of property and equipment net of proceeds from sales and incentives
-77,658,000,000
-128,320,000,000
Segments
North america
Net sales
352,828,000,000
387,497,000,000
426,305,000,000
Operating expenses
337,951,000,000
362,530,000,000
396,686,000,000
Operating income
14,877,000,000
24,967,000,000
29,619,000,000
International
Net sales
131,200,000,000
142,906,000,000
161,894,000,000
Operating expenses
133,856,000,000
139,114,000,000
157,144,000,000
Operating income
-2,656,000,000
3,792,000,000
4,750,000,000
Aws
Net sales
90,757,000,000
107,556,000,000
128,725,000,000
Operating expenses
66,126,000,000
67,722,000,000
83,119,000,000
Operating income
24,631,000,000
39,834,000,000
45,606,000,000
Net sales by product and service group
Online stores
231,872,000,000
247,029,000,000
269,287,000,000
Physical stores
20,030,000,000
21,215,000,000
22,561,000,000
Third party seller services
140,053,000,000
156,146,000,000
172,162,000,000
Advertising services
46,906,000,000
56,214,000,000
68,635,000,000
Subscription services
40,209,000,000
44,374,000,000
49,619,000,000
Aws
90,757,000,000
107,556,000,000
128,725,000,000
Other
4,958,000,000
5,425,000,000
5,935,000,000
Consolidated
574,785,000,000
637,959,000,000
716,924,000,000
Net sales by geography
United states
395,637,000,000
438,015,000,000
489,657,000,000
Germany
37,588,000,000
40,856,000,000
45,900,000,000
United kingdom
33,591,000,000
37,855,000,000
43,212,000,000
Japan
26,002,000,000
27,401,000,000
30,688,000,000
Rest of world
81,967,000,000
93,832,000,000
107,467,000,000
Consolidated
574,785,000,000
637,959,000,000
716,924,000,000
Segment assets
North america
196,029,000,000
210,120,000,000
235,652,000,000
International
69,718,000,000
69,487,000,000
81,984,000,000
Aws
108,533,000,000
155,953,000,000
252,588,000,000
Corporate
153,574,000,000
189,334,000,000
247,818,000,000
Consolidated
527,854,000,000
624,894,000,000
818,042,000,000
Property and equipment net by segment
North america
93,632,000,000
103,041,000,000
122,043,000,000
International
24,357,000,000
25,618,000,000
30,632,000,000
Aws
72,701,000,000
110,683,000,000
190,055,000,000
Corporate
13,487,000,000
13,323,000,000
14,295,000,000
Consolidated
204,177,000,000
252,665,000,000
357,025,000,000
Net additions to property and equipment by segment
North america
17,529,000,000
24,348,000,000
35,919,000,000
International
4,144,000,000
6,643,000,000
7,617,000,000
Aws
24,843,000,000
53,267,000,000
96,496,000,000
Corporate
1,828,000,000
1,494,000,000
2,320,000,000
Consolidated
48,344,000,000
85,752,000,000
142,352,000,000
Depreciation and amortization by segment
North america
13,678,000,000
14,285,000,000
15,503,000,000
International
4,016,000,000
4,462,000,000
4,907,000,000
Aws
12,531,000,000
13,320,000,000
21,450,000,000
Consolidated
30,225,000,000
32,067,000,000
41,860,000,000
Supplemental
Cash paid for interest on debt net of capitalized interest
2,608,000,000
1,858,000,000
1,458,000,000
Cash paid for operating leases
10,453,000,000
12,341,000,000
15,038,000,000
Cash paid for interest on finance leases
308,000,000
287,000,000
295,000,000
Cash paid for interest on financing obligations
196,000,000
219,000,000
196,000,000
Cash paid for income taxes net of refunds
11,179,000,000
12,308,000,000
8,295,000,000
Assets acquired under operating leases
14,052,000,000
15,424,000,000
19,930,000,000
Property and equipment acquired under finance leases net
642,000,000
854,000,000
2,911,000,000
Total net additions to property and equipment
48,344,000,000
Depreciation and amortization on property and equipment
30,225,000,000
32,067,000,000
41,860,000,000
Total lease cost
18,918,000,000
18,577,000,000
20,296,000,000
Operating lease cost
10,550,000,000
11,961,000,000
14,006,000,000
Finance lease cost
6,203,000,000
4,151,000,000
3,596,000,000
Gross property and equipment
394,055,000,000
534,098,000,000
Accumulated depreciation and amortization
141,390,000,000
177,073,000,000
Property and equipment acquired but not yet paid
16,800,000,000
27,000,000,000
Income tax contingencies accrued
6,600,000,000
Equity equity warrant and convertible debt investments carrying value
69,100,000,000
Debt
Total face value of long term debt
58,000,000,000
68,836,000,000
Unamortized discount and issuance costs net
-360,000,000
-440,000,000
Current portion of long term debt
5,017,000,000
2,748,000,000
Long term debt noncurrent
52,623,000,000
65,648,000,000
Estimated fair value of the notes
50,200,000,000
61,100,000,000
Borrowings under other short term credit facilities
151,000,000
455,000,000
Borrowings under commercial paper programs
0
0
Borrowings under revolving credit facilities
0
0
Unsecured senior notes outstanding
68,000,000,000
Combined weighted average remaining life of notes years
14.1
Future principal payments
2026
2,752,000,000
2027
8,832,000,000
2028
4,752,000,000
2029
3,000,000,000
2030
4,500,000,000
Thereafter
45,000,000,000
Total
68,836,000,000
Leases
Operating lease liabilities present value
79,596,000,000
89,252,000,000
Finance lease liabilities present value
10,602,000,000
12,286,000,000
Total lease liabilities present value
90,198,000,000
101,538,000,000
Current portion of lease liabilities
11,921,000,000
14,199,000,000
Total long term lease liabilities
78,277,000,000
87,339,000,000
Weighted average remaining lease term operating leases years
10.6
10.0
Weighted average remaining lease term finance leases years
11.9
12.6
Weighted average discount rate operating leases %
3.5%
3.7%
Weighted average discount rate finance leases %
3.0%
3.4%
Contractual commitments total
Long term debt principal and interest
108,202,000,000
Operating lease liabilities
106,914,000,000
Finance lease liabilities including interest
14,917,000,000
Financing obligations including interest
9,615,000,000
Leases not yet commenced
96,373,000,000
Unconditional purchase obligations
84,772,000,000
Other commitments
18,868,000,000
Total commitments
439,661,000,000
Due within one year total
51,666,000,000
Quarterly
Q1 2025
Q1 2026
Trailing twelve months ended March 31, 2025
Trailing twelve months ended March 31, 2026
Label
Q1 2025
Q1 2026
Trailing twelve months ended March 31, 2025
Trailing twelve months ended March 31, 2026
Period start
2025-01-01
2026-01-01
2024-04-01
2025-04-01
Period end
2025-03-31
2026-03-31
2025-03-31
2026-03-31
Period type
three months
three months
trailing twelve months
trailing twelve months
Source accession
0001018724-26-000014
0001018724-26-000014
0001018724-26-000014
0001018724-26-000014
Source statement
Q1 2026 Form 10-Q, prior-year comparative column
Q1 2026 Form 10-Q, current-quarter column
Q1 2026 Form 10-Q, twelve-months-ended comparative column of the statement of cash flows
Q1 2026 Form 10-Q, twelve-months-ended column of the statement of cash flows; total net sales computed from the two filings' income statements
Income statement
Net product sales
63,970,000,000
71,304,000,000
Net service sales
91,697,000,000
110,215,000,000
Total net sales
155,667,000,000
181,519,000,000
742,776,000,000
Cost of sales
76,976,000,000
87,463,000,000
Fulfillment
24,593,000,000
27,289,000,000
Technology and infrastructure
22,994,000,000
29,567,000,000
Sales and marketing
9,763,000,000
10,314,000,000
General and administrative
2,628,000,000
2,587,000,000
Other operating expense income net
308,000,000
447,000,000
Total operating expenses
137,262,000,000
157,667,000,000
Operating income
18,405,000,000
23,852,000,000
Interest income
1,066,000,000
1,135,000,000
Interest expense
-541,000,000
-800,000,000
Other income expense net
2,749,000,000
15,647,000,000
Total non operating income
3,274,000,000
15,982,000,000
Income before income taxes
21,679,000,000
39,834,000,000
Provision for income taxes
-4,553,000,000
-9,560,000,000
Equity method investment activity net of tax
1,000,000
-19,000,000
Net income
17,127,000,000
30,255,000,000
90,798,000,000
Earnings per share basic
1.62
2.82
Earnings per share diluted
1.59
2.78
Weighted average shares basic
10,603,000,000
10,743,000,000
Weighted average shares diluted
10,793,000,000
10,874,000,000
Total net sales derivation
Full-year 2025 net sales of $716,924 million less first-quarter 2025 net sales of $155,667 million plus first-quarter 2026 net sales of $181,519 million. Net income is presented directly in the twelve-months-ended column of the Q1 2026 10-Q statement of cash flows.
Cash flow
Cash cash equivalents and restricted cash beginning of period
82,312,000,000
90,106,000,000
73,332,000,000
69,893,000,000
Net income
17,127,000,000
30,255,000,000
65,944,000,000
90,798,000,000
Depreciation and amortization of property and equipment capitalized content operating lease assets and other
14,262,000,000
18,945,000,000
55,373,000,000
70,439,000,000
Stock based compensation
3,689,000,000
4,032,000,000
20,739,000,000
19,810,000,000
Non operating expense income net
-2,817,000,000
-15,632,000,000
-3,539,000,000
-27,695,000,000
Deferred income taxes
507,000,000
12,798,000,000
-3,203,000,000
23,761,000,000
Change in inventories
-1,222,000,000
1,622,000,000
-4,882,000,000
-158,000,000
Change in accounts receivable net and other
1,247,000,000
-5,750,000,000
-5,686,000,000
-14,330,000,000
Change in other assets
-3,402,000,000
-3,811,000,000
-15,184,000,000
-16,041,000,000
Change in accounts payable
-9,043,000,000
-8,737,000,000
5,211,000,000
11,537,000,000
Change in accrued expenses and other
-4,061,000,000
-8,045,000,000
-4,037,000,000
-9,003,000,000
Change in unearned revenue
728,000,000
355,000,000
3,167,000,000
-587,000,000
Net cash provided by used in operating activities
17,015,000,000
26,032,000,000
113,903,000,000
148,531,000,000
Purchases of property and equipment
-25,019,000,000
-44,203,000,000
-93,093,000,000
-151,003,000,000
Proceeds from property and equipment sales and incentives
764,000,000
969,000,000
5,115,000,000
3,704,000,000
Acquisitions net of cash acquired non marketable investments and other net
48,000,000
-15,408,000,000
-3,680,000,000
-19,297,000,000
Sales and maturities of marketable securities
7,737,000,000
17,686,000,000
22,748,000,000
54,335,000,000
Purchases of marketable securities
-13,333,000,000
-23,256,000,000
-37,373,000,000
-64,693,000,000
Net cash provided by used in investing activities
-29,803,000,000
-64,212,000,000
-106,283,000,000
-176,954,000,000
Proceeds from short term debt and other
1,815,000,000
6,018,000,000
6,619,000,000
13,523,000,000
Repayments of short term debt and other
-2,082,000,000
-6,109,000,000
-6,738,000,000
-12,453,000,000
Proceeds from long term debt
746,000,000
53,441,000,000
746,000,000
68,368,000,000
Repayments of long term debt
0
0
-8,852,000,000
-5,021,000,000
Principal repayments of finance leases
-410,000,000
-468,000,000
-1,683,000,000
-1,615,000,000
Principal repayments of financing obligations
-116,000,000
-115,000,000
-695,000,000
-327,000,000
Net cash provided by used in financing activities
-47,000,000
52,767,000,000
-10,603,000,000
62,475,000,000
Foreign currency effect on cash
416,000,000
-1,000,000
-456,000,000
747,000,000
Net increase decrease in cash cash equivalents and restricted cash
-12,419,000,000
14,586,000,000
-3,439,000,000
34,799,000,000
Cash cash equivalents and restricted cash end of period
69,893,000,000
104,692,000,000
69,893,000,000
104,692,000,000
Free cash flow as defined by the company
n/a
n/a
25,925,000,000
1,232,000,000
Purchases of property and equipment net of proceeds from sales and incentives
-87,978,000,000
-147,299,000,000
Segments
North america
Net sales
92,887,000,000
104,143,000,000
Operating expenses
87,046,000,000
95,876,000,000
Operating income
5,841,000,000
8,267,000,000
International
Net sales
33,513,000,000
39,789,000,000
Operating expenses
32,496,000,000
38,365,000,000
Operating income
1,017,000,000
1,424,000,000
Aws
Net sales
29,267,000,000
37,587,000,000
Operating expenses
17,720,000,000
23,426,000,000
Operating income
11,547,000,000
14,161,000,000
Net sales by product and service group
Online stores
57,407,000,000
64,254,000,000
Physical stores
5,533,000,000
5,785,000,000
Third party seller services
36,512,000,000
41,578,000,000
Advertising services
13,921,000,000
17,243,000,000
Subscription services
11,715,000,000
13,427,000,000
Aws
29,267,000,000
37,587,000,000
Other
1,312,000,000
1,645,000,000
Consolidated
155,667,000,000
181,519,000,000
Net additions to property and equipment by segment
North america
5,096,000,000
11,126,000,000
International
1,506,000,000
1,727,000,000
Aws
20,464,000,000
41,516,000,000
Corporate
383,000,000
388,000,000
Consolidated
27,449,000,000
54,757,000,000
Depreciation and amortization by segment
North america
3,530,000,000
4,280,000,000
International
1,136,000,000
1,277,000,000
Aws
4,390,000,000
7,277,000,000
Consolidated
9,056,000,000
12,834,000,000
Segment table coverage note
The Q1 2026 Form 10-Q's segment-asset and property-and-equipment-by-segment tables are presented as of December 31, 2025 and March 31, 2026 only, so they carry no March 31, 2025 column; the two tables above are the only segment balance-type disclosures the filing gives for the prior-year quarter.
Supplemental
Cash paid for interest on debt net of capitalized interest
236,000,000
274,000,000
Cash paid for income taxes net of refunds
877,000,000
1,323,000,000
Total lease cost
4,880,000,000
5,493,000,000
Operating lease cost
3,240,000,000
3,917,000,000
Finance lease cost
944,000,000
834,000,000
Common shares outstanding as of 2026 04 22
10,757,109,436
Remaining authorization under share repurchase program
6,100,000,000
Shares repurchased during the quarter
0
Income tax contingencies accrued
6,700,000,000
Balance sheet
Total stockholders equity
305,867,000,000
441,914,000,000
Balance sheet coverage note
The Q1 2026 Form 10-Q presents balance sheets only as of December 31, 2025 and March 31, 2026. Total stockholders' equity at March 31, 2025 comes from the same filing's statement of stockholders' equity.
Cash and cash equivalents
101,816,000,000
Marketable securities current
41,273,000,000
Inventories
36,534,000,000
Accounts receivable net and other
75,532,000,000
Total current assets
255,155,000,000
Property and equipment net
397,458,000,000
Operating lease right of use assets
88,741,000,000
Goodwill
23,449,000,000
Other assets
151,827,000,000
Total assets
916,630,000,000
Accounts payable
124,749,000,000
Accrued expenses and other
71,120,000,000
Unearned revenue current
20,887,000,000
Total current liabilities
216,756,000,000
Long term lease liabilities
90,814,000,000
Long term debt
119,074,000,000
Other long term liabilities
48,072,000,000
Preferred stock
0
Common stock
113,000,000
Treasury stock at cost
-7,837,000,000
Additional paid in capital
143,979,000,000
Accumulated other comprehensive income loss
24,868,000,000
Retained earnings
280,791,000,000
Total liabilities and stockholders equity
916,630,000,000
Common shares issued
11,269,000,000
Common shares outstanding
10,754,000,000
Segment assets
North america
241,817,000,000
International
81,000,000,000
Aws
294,121,000,000
Corporate
299,692,000,000
Consolidated
916,630,000,000
Property and equipment net by segment
North america
129,241,000,000
International
30,899,000,000
Aws
223,056,000,000
Corporate
14,262,000,000
Consolidated
397,458,000,000
Debt
Total face value of long term debt
122,632,000,000
Unamortized discount and issuance costs net
-726,000,000
Current portion of long term debt
2,832,000,000
Long term debt noncurrent
119,074,000,000
Unsecured senior notes outstanding
121,800,000,000
Estimated fair value of the notes
113,600,000,000
Borrowings under other short term credit facilities
152,000,000
Borrowings under commercial paper programs
0
Borrowings under revolving credit facilities
0
Combined weighted average remaining life of notes years
14.2
Notes issued during the quarter
US dollar notes
37,000,000,000
Euro denominated notes USD equivalent
16,782,000,000
Euro denominated notes face amount eur
14,500,000,000
Leases
Operating lease liabilities present value
91,617,000,000
Finance lease liabilities present value
13,325,000,000
Total lease liabilities present value
104,942,000,000
Current portion of lease liabilities
14,128,000,000
Total long term lease liabilities
90,814,000,000
Weighted average remaining lease term operating leases years
10.0
Weighted average remaining lease term finance leases years
12.8
Weighted average discount rate operating leases %
3.8%
Weighted average discount rate finance leases %
3.6%
Contractual commitments total
As of
2026-03-31
Long term debt principal and interest
203,538,000,000
Operating lease liabilities
110,135,000,000
Finance lease liabilities including interest
16,496,000,000
Financing obligations including interest
10,183,000,000
Leases not yet commenced
106,347,000,000
Unconditional purchase obligations
103,768,000,000
Other commitments
18,813,000,000
Total commitments
569,280,000,000
Due in the nine months ending december 31 2026
46,489,000,000
Near term column note
The nearest-term column of the commitments table in the Q1 2026 Form 10-Q is headed 'Nine Months Ended December 31, 2026' - it covers the nine months remaining in 2026 after the quarter end, not a full twelve months, so it is not directly comparable with the 'due within one year' column of the FY2025 table.
Income tax contingencies excluded from other commitments
6,700,000,000
Comparison note
Total contractual commitments rose from $439,661 million as of December 31, 2025 to $569,280 million as of March 31, 2026, an increase of about 29% in one quarter. The largest contributors are long-term debt principal and interest, which roughly doubled from $108,202 million to $203,538 million after the March 2026 note issuances, unconditional purchase obligations, which rose from $84,772 million to $103,768 million, and leases not yet commenced, which rose from $96,373 million to $106,347 million.
Units notes seen
Value
FY2025 10-K consolidated statements of operations
(in millions, except per share data)
FY2025 10-K consolidated statements of cash flows
(in millions)
FY2025 10-K consolidated statements of comprehensive income
(in millions)
FY2025 10-K consolidated balance sheets
(in millions, except per share data)
FY2025 10-K consolidated statements of stockholders' equity
(in millions)
FY2025 10-K Note 3 property and equipment
(in millions)
FY2025 10-K Note 4 leases
(in millions)
FY2025 10-K Note 6 debt
(in millions)
FY2025 10-K Note 7 commitments
(in millions)
FY2025 10-K Note 10 segment information
(in millions)
FY2025 10-K free cash flow reconciliation
(in millions)
FY2025 10-K supplemental cash flow information
(in millions)
FY2025 10-K cover page share count
stated in whole shares: 10,734,920,870 shares of common stock outstanding as of January 28, 2026
Q1 2026 10-Q consolidated statements of operations
(in millions, except per share data) (unaudited)
Q1 2026 10-Q consolidated statements of cash flows
(in millions) (unaudited)
Q1 2026 10-Q consolidated balance sheets
(in millions, except per share data)
Q1 2026 10-Q Note 3 leases
(in millions)
Q1 2026 10-Q Note 5 debt
(in millions)
Q1 2026 10-Q Note 8 segment information
(in millions)
Q1 2026 10-Q cover page share count
stated in whole shares: 10,757,109,436 shares of common stock, par value $0.01 per share, outstanding as of April 22, 2026
Adjustments
Value
Splits applied
none
Splits note
Amazon's most recent stock split was the 20-for-1 forward split effective June 6, 2022. Every period reported here begins on or after January 1, 2023, so all per-share amounts and share counts are already post-split and comparable; no split adjustment was required.
ADR ratio
n/a
FX
None applied. Amazon reports in U.S. dollars, so no currency conversion was needed. The euro-denominated notes issued in March 2026 are carried by the company at their U.S. dollar equivalent of $16,782 million, which is the amount used here.
Coverage
Value
Annual periods
FY2023; FY2024; FY2025
Quarterly periods
Q1 2025; Q1 2026; trailing twelve months ended March 31, 2025; trailing twelve months ended March 31, 2026
Note
The FY2025 10-K presents three years on the income statement, cash flow statement and segment tables (2023, 2024, 2025) but only two years on the balance sheet (December 31, 2024 and 2025), so the December 31, 2023 balance sheet is only partially reported here. The Q1 2026 10-Q supplies the two quarterly periods and, in its statement of cash flows, two trailing-twelve-month columns. No later quarterly results were available: the most recent quarterly earnings release covers the same quarter ended March 31, 2026 as the 10-Q.
Notes
All figures are converted to actual dollars from the millions in which the filings present them. Per-share amounts are left as reported.
Annual figures come from the FY2025 Form 10-K (accession 0001018724-26-000004), filed February 6, 2026 for the year ended December 31, 2025, which presents 2023, 2024 and 2025 on the income statement, cash flow statement and segment tables.
Quarterly figures come from the Form 10-Q for the quarter ended March 31, 2026 (accession 0001018724-26-000014), filed April 30, 2026.
Signs follow the filings as presented: expenses shown in parentheses on the face of the statements (for example the provision for income taxes and interest expense) are carried here as negative numbers, while operating expense lines that the income statement presents as positive amounts and then subtracts in a total are carried as positive numbers.
Amazon does not report a gross profit line. The income statement runs from total net sales directly to an operating expense block that includes cost of sales, fulfillment, technology and infrastructure, sales and marketing, general and administrative, and other operating expense. The 10-K explains that management considers operating income more meaningful than gross profit given the diversity of the product categories and services.
The FY2025 10-K's income statement covers three years but its balance sheet covers only December 31, 2024 and 2025. For December 31, 2023 the 10-K discloses total assets and property and equipment, net in the segment note and the full stockholders' equity section - common stock, treasury stock, additional paid-in capital, accumulated other comprehensive income (loss), retained earnings, total stockholders' equity and shares outstanding - in the statement of stockholders' equity; those are reported and the remaining asset and liability captions are left absent rather than estimated.
Free cash flow is the company's own non-GAAP measure, defined in both filings as cash flow from operations less purchases of property and equipment net of proceeds from sales and incentives. It is reported here only for the periods for which the filings present the reconciliation: 2024, 2025, and the trailing twelve months ended March 31, 2025 and 2026. Note that the net capital-expenditure figure in that reconciliation ($128,320 million for 2025) differs from the gross 'purchases of property and equipment' line on the cash flow statement ($131,819 million) because the reconciliation nets off proceeds from property and equipment sales and incentives.
Capital expenditure carried an unusual amount of weight in these periods. Gross purchases of property and equipment rose from $52.7 billion in 2023 to $83.0 billion in 2024 to $131.8 billion in 2025, and reached $151.0 billion for the trailing twelve months ended March 31, 2026. Because operating cash flow grew more slowly, the company's own free cash flow measure fell from $38.2 billion in 2024 to $11.2 billion in 2025 and to $1.2 billion for the twelve months ended March 31, 2026, even as net income rose.
Other income (expense), net swings materially and is not an operating result. The 10-K attributes the $15.2 billion net gain in 2025 primarily to an upward adjustment for observable changes in price on Amazon's nonvoting preferred stock in Anthropic, PBC and to reclassification gains on the portions of its convertible notes investments in Anthropic that converted to nonvoting preferred stock during the year. The comparable 2024 figure was a $2.3 billion net loss, driven mainly by the equity investment in Rivian. The $15.6 billion figure in the first quarter of 2026 is again investment-related, and the 10-Q notes $4.1 billion of net discrete tax expense in the quarter attributable primarily to net gains from the Anthropic investments.
Operating income for 2025 includes charges of $2.5 billion recorded in the third quarter of 2025 related to the settlement of a lawsuit with the Federal Trade Commission and $2.7 billion of estimated severance costs primarily related to planned role eliminations, of which $1.8 billion was recorded in the third quarter of 2025. These are the main reason the 'other operating expense (income), net' line jumps from $763 million in 2024 to $4,639 million in 2025.
Long-term debt more than doubled after year end. The balance sheet shows long-term debt of $65.6 billion at December 31, 2025 and $119.1 billion at March 31, 2026, after Amazon issued $37.0 billion of U.S. dollar notes and 14.5 billion euros ($16.8 billion) of euro-denominated notes in March 2026. Total face value of long-term debt including the current portion went from $68.8 billion to $122.6 billion over the same three months.
Amazon's short-term debt is not shown as a separate balance sheet caption. The current portion of long-term debt ($2,748 million at December 31, 2025 and $2,832 million at March 31, 2026), borrowings under other short-term credit facilities ($455 million and $152 million), and current financing obligations are all included within 'Accrued expenses and other'; they are reported separately in the debt block here as the notes to the filings disclose them.
Lease obligations are large enough to matter alongside debt. The present value of total lease liabilities was $101.5 billion at December 31, 2025 and $104.9 billion at March 31, 2026, and the 10-K's commitments table shows a further $96.4 billion of leases signed but not yet commenced as of December 31, 2025.
The company paid no dividends in any period covered by these filings, and repurchased no common stock in the first quarter of either 2025 or 2026; $6.1 billion remained available under the March 2022 repurchase authorization as of March 31, 2026.
Contractual commitments expanded sharply in the first quarter of 2026. The commitments table in the Q1 2026 10-Q totals $569,280 million as of March 31, 2026 against $439,661 million as of December 31, 2025, driven mainly by the March 2026 note issuances, a rise in unconditional purchase obligations, and additional leases signed but not yet commenced. The two tables are not laid out on the same time axis: the FY2025 table's first column is the year ending December 31, 2026, while the Q1 2026 table's first column covers only the nine months ending December 31, 2026.
Uncertainties
The December 31, 2023 balance sheet is only partly reportable. The FY2025 10-K presents balance sheets as of two dates only, December 31, 2024 and December 31, 2025, so that filing contains no December 31, 2023 column for the asset, current-asset and liability captions, and none are reported here. What is reported for that date is drawn from elsewhere in the same 10-K and is complete on its own terms: total assets and property and equipment, net from the segment note, and the full stockholders' equity section - common stock, treasury stock, additional paid-in capital, accumulated other comprehensive income (loss), retained earnings, total stockholders' equity and shares outstanding - from the 'Balance as of December 31, 2023' row of the consolidated statements of stockholders' equity. Nothing was estimated to fill the remaining gaps.
Total net sales for the trailing twelve months ended March 31, 2026 ($742,776 million) is not printed in either filing. It is computed by taking full-year 2025 net sales, subtracting first-quarter 2025 net sales and adding first-quarter 2026 net sales, all read from the two filings. Net income for the same twelve-month period is presented directly in the 10-Q and was not derived. No other trailing-twelve-month income statement lines are reported, because the 10-Q's twelve-month columns appear only in the statement of cash flows.
A small number of amounts appear in the filings only as rounded billions in narrative text rather than as exact figures in a table, and are carried here at that stated precision: the estimated fair value of the notes ($50.2 billion, $61.1 billion and $113.6 billion), property and equipment acquired but not yet paid ($16.8 billion and $27.0 billion), accrued income tax contingencies ($6.6 billion), the carrying value of equity, equity warrant and convertible debt investments ($69.1 billion), the remaining share repurchase authorization ($6.1 billion), and the unsecured senior notes outstanding ($68.0 billion and $121.8 billion). These are the filings' own rounding, not an approximation introduced here.
The euro-denominated notes issued in March 2026 are carried at the $16,782 million U.S. dollar equivalent the 10-Q reports for them. The filing does not state the exchange rate used, so that dollar amount cannot be independently re-derived from the euro face amount of 14.5 billion.
Segment operating income depends on Amazon's internal cost allocation, which the filings describe as usage-based, with the majority of infrastructure costs allocated to AWS. The 10-K also cautions that usage of technology infrastructure assets by the North America and International segments, and the related allocation of net additions to property and equipment, can fluctuate quarter to quarter. Segment figures are therefore comparable across periods only to the extent that allocation basis is stable.
Amounts within 'Accrued expenses and other' and 'Other long-term liabilities' are not fully itemized in either filing; only the components the notes call out are reported here.
Company details
Value
Name
Amazon Com Inc
Ticker
AMZN
CIK
0001018724
Exchange
Nasdaq
State
Washington
Incorporation
Delaware
SIC
5961
Office
Trade & Services
Industry
Retail-Catalog & Mail-Order Houses
Next filing
Value
Predicted date
2026-07-31
Predicted type
10-Q
Fiscal period
FY2026
Fiscal year
2026
Fiscal period
Q1
Tag
FY26Q1
Period end
2026-03-31
Form
10-Q
Accession
0001018724-26-000014
Fiscal year end
1231
Source
facts
Built from Amazon.com, Inc.'s SEC filings by Ticker Scout. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer. Also for this company: company index, financials.json, index.json.