Operating Income
Operating Income
Amazon Operating Income decreased by 4.5% to $23.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.6%, from $18.41B to $23.85B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 33.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ1 2026Apr 30, 2026
Rolls up to
Breaks down into(Q1 2026)
Net sales$181.52B
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
Metric ID:
operating_incomeHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.70B | $4.85B | $3.46B | $3.67B | $3.32B | $2.53B | $2.74B | $4.77B | $7.68B | $11.19B | $13.21B | $15.31B | $14.67B | $17.41B | $21.20B | $18.41B | $19.17B | $17.42B | $24.98B | $23.85B |
| QoQ Change | — | -37.0% | -28.7% | +6.0% | -9.6% | -23.9% | +8.4% | +74.4% | +60.9% | +45.7% | +18.1% | +15.9% | -4.1% | +18.7% | +21.8% | -13.2% | +4.2% | -9.1% | +43.4% | -4.5% |
| YoY Change | — | — | — | — | -56.9% | -48.0% | -20.9% | +30.1% | +131.6% | +343.1% | +382.6% | +220.6% | +91.0% | +55.6% | +60.5% | +20.2% | +30.7% | +0.1% | +17.8% | +29.6% |
Range$2.53B – $24.98B
CAGR+26.9%
Avg YoY Growth+80.5%
Median YoY Growth+30.4%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| AWS | $9.33B | $10.45B | $10.63B | $11.55B | $10.16B | $11.43B | $12.47B | $14.16B |
| North America | $5.07B | $5.66B | $9.26B | $5.84B | $7.52B | $4.79B | $11.47B | $8.27B |
| International | $273.00M | $1.30B | $1.32B | $1.02B | $1.49B | $1.20B | $1.04B | $1.42B |
| Total | $14.67B | $17.41B | $21.20B | $18.41B | $19.17B | $17.42B | $24.98B | $23.85B |
Operating Income at Other Companies
Frequently Asked Questions
- What is Amazon's operating income?
- Amazon (AMZN) reported operating income of $23.85B in Q1 2026.
- How has Amazon's operating income changed year-over-year?
- Amazon's operating income increased by 29.6% year-over-year, from $18.41B to $23.85B.
- What is the long-term trend for Amazon's operating income?
- Over 4 years (2021 to 2025), Amazon's operating income has grown at a 33.9% compound annual growth rate (CAGR), from $24.88B to $79.98B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.