United States — PP&E & Operating Leases
Geographic · PP&E & Operating LeasesAmazon United States — PP&E & Operating Leases increased by 33.2% to $321.90B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.2%, from $241.60B to $321.90B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025
How to read this metric
An increase typically signals aggressive expansion of logistics capacity or cloud infrastructure to meet domestic demand, while a decrease may suggest asset optimization or a shift toward more asset-light operational models.
Detailed definition
This metric represents the total value of long-lived physical assets, including land, buildings, and machinery, located...
Peer comparison
Peer companies in e-commerce or cloud computing often report similar geographic asset concentrations to show the scale of their localized distribution networks or server capacity.
Metric ID:
amzn_segment_united_states_property_and_equipment_net_and_operating_leasesHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $155.00B | $180.00B | $196.00B | $241.60B | $321.90B |
| QoQ Change | — | +16.1% | +8.9% | +23.3% | +33.2% |
| YoY Change | — | +16.1% | +8.9% | +23.3% | +33.2% |
Range$155.00B – $321.90B
CAGR+107.7%
Avg YoY Growth+20.4%
Median YoY Growth+19.7%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Amazon's united states — pp&e & operating leases?
- Amazon (AMZN) reported united states — pp&e & operating leases of $321.90B in Q4 2025.
- How has Amazon's united states — pp&e & operating leases changed year-over-year?
- Amazon's united states — pp&e & operating leases increased by 33.2% year-over-year, from $241.60B to $321.90B.
- What does united states — pp&e & operating leases mean?
- The total value of physical infrastructure like warehouses and data centers owned or leased by the company within the United States.