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Amazon AMZN Subscription services — Net Sales

Other product segments

Online stores
$70.43B+14.6%
Third-party seller services
$46.78B+15.9%
AWS
$37.59B+28.4%
Advertising services
$19.81B+26.2%
Physical stores
$5.79B+3.6%
Other
$1.65B+25.4%

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Other financials

Income statement

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Revenue$200.61B+19.6%
Gross profit$104.83B+20.6%
Operating income$27.5B+43.2%
Net income$62.6B+245%
EPS (diluted)$5.75+242%

Balance sheet

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Cash & equivalents$78.2B+35.5%
Total debt$128.89B-16.6%
Total equity$551.62B+65.3%
Total assets$1.10T+60.6%

Cash flow

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Operating cash flow$45.4B+39.6%
CapEx-$54.2B-268%
Free cash flow-$8.8B-2,757%

Valuation

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Market cap$2.94T+24.0%
Enterprise value$2.99T+21.2%
P/E23.8×-9.8×
P/S3.8×+0.3×

Profitability

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Gross margin50.8%+1.2pp
Operating margin12.1%+0.7pp
Net margin15.9%+5.4pp
FCF margin0.2%-1.8pp

Returns & leverage

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Return on equity27.9%+3.1pp
Debt / equity0.2×-0.2×
Current ratio0.0×

Where this comes from

Reported directly by Amazon in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Amazon’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:06 PM EDT
Accession
0001018724-26-000024

FAQ

What is Amazon's subscription services — net sales?
Amazon (AMZN) reported subscription services — net sales of $13.73B in Q2 2026.
How has Amazon's subscription services — net sales changed year-over-year?
Amazon's subscription services — net sales increased by 12.5% year-over-year, from $12.21B to $13.73B.
What is the long-term trend for Amazon's subscription services — net sales?
Over 4 years (2021 to 2025), Amazon's subscription services — net sales has grown at a 11.8% compound annual growth rate (CAGR), from $31.77B to $49.62B.
What does subscription services — net sales mean?
This metric represents the total revenue generated from recurring fees associated with Amazon Prime memberships, as well as digital video, audiobook, digital music, and other non-AWS subscription services. It reflects the company's ability to monetize its ecosystem through high-margin, recurring revenue streams that drive customer loyalty and ecosystem lock-in. Growth in this segment is a key indicator of the value proposition of the membership bundle and the expansion of digital content consumption.

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