Amazon International — Operating Expenses increased by 25.2% to $49.68B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 18.0%, from $42.11B to $49.68B. Over 4 years (FY 2021 to FY 2025), International — Operating Expenses shows an upward trend with a 5.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to sales may indicate aggressive investment in new markets or rising logistics costs, while a decrease suggests improved operational scale and efficiency.
The total costs incurred to operate the international retail business, including fulfillment, marketing, technology, and...
Comparable to the cost of goods sold and SG&A expenses for the international divisions of large-scale e-commerce or logistics companies.
amzn_segment_international_operating_expenses| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.36B | $30.06B | $38.90B | $30.04B | $28.84B | $30.19B | $36.69B | $30.37B | $30.59B | $32.23B | $40.66B | $31.03B | $31.39B | $34.59B | $42.11B | $32.50B | $35.27B | $39.70B | $49.68B |
| QoQ Change | — | -1.0% | +29.4% | -22.8% | -4.0% | +4.7% | +21.5% | -17.2% | +0.7% | +5.4% | +26.2% | -23.7% | +1.2% | +10.2% | +21.7% | -22.8% | +8.5% | +12.6% | +25.2% |
| YoY Change | — | — | — | — | -5.0% | +0.4% | -5.7% | +1.1% | +6.1% | +6.8% | +10.8% | +2.2% | +2.6% | +7.3% | +3.5% | +4.7% | +12.4% | +14.8% | +18.0% |
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