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Amazon AMZN AWS — Depreciation and amortization expense

Other segment segments

North America
$4.28B+21.2%
International
$1.28B+12.4%

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Other financials

Income statement

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Revenue$181.52B+16.6%
Gross profit$94.1B+19.5%
Operating income$23.9B+29.6%
Net income$30.3B+76.7%
EPS (diluted)$2.78+74.8%

Balance sheet

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Cash & equivalents$101.82B+53.8%
Total debt$232.71B+52.2%
Total equity$441.91B+44.5%
Total assets$916.63B+42.5%

Cash flow

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Operating cash flow$26.0B+53.0%
CapEx$44.2B+76.7%
Free cash flow-$18.2B-127%

Valuation

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Market cap$2.44T+9.7%
Enterprise value$2.57T+11.2%
P/E30.9×-2.9×
P/S3.3×-0.1×

Profitability

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Gross margin50.6%+1.4pp
Operating margin11.5%+0.5pp
Net margin10.6%+0.5pp
FCF margin1.4%-1.8pp

Returns & leverage

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Return on equity21.1%-4.1pp
Debt / equity0.5×0.0×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by Amazon in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Amazon’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amazon's AWS — depreciation and amortization expense?
Amazon (AMZN) reported AWS — depreciation and amortization expense of $7.28B in Q1 2026.
How has Amazon's AWS — depreciation and amortization expense changed year-over-year?
Amazon's AWS — depreciation and amortization expense increased by 65.8% year-over-year, from $4.39B to $7.28B.
What is the long-term trend for Amazon's AWS — depreciation and amortization expense?
Over 4 years (2021 to 2025), Amazon's AWS — depreciation and amortization expense has grown at a 19.1% compound annual growth rate (CAGR), from $10.65B to $21.45B.
What does AWS — depreciation and amortization expense mean?
The non-cash charge that allocates the cost of the cloud segment's tangible assets (like servers) and intangible assets over their useful lives. In cloud computing, this is heavily influenced by the replacement cycle of high-end hardware and server life extensions.