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Amazon AMZN Gross margin

Gross margin at other companies

Target logo
TargetTGT
28.1%+0.1pp
Walmart
 logo
Walmart WMT
25%+0.1pp
Apple logo
AppleAAPL
48.7%+2.0pp
Microsoft logo
MicrosoftMSFT
67.9%-0.9pp
Costco Wholesale logo
Costco WholesaleCOST
12.9%+0.1pp
eBay logo
eBayEBAY
72%-0.1pp

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$2.92T+29.4%
Enterprise value$2.97T+26.3%
P/E23.6×-8.3×
P/S3.8×+0.4×

Profitability

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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

Calculated from Amazon’s reported figures.

Based on trailing twelve months.

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 gross margin?
Amazon (AMZN) reported gross margin of 50.8% in Q2 2026.
How has Amazon's gross margin changed year-over-year?
Amazon's gross margin increased by 2.3% year-over-year, from 49.6% to 50.8%.
What is the long-term trend for Amazon's gross margin?
Over 5 years (2020 to 2025), Amazon's gross margin has grown at a 4.9% compound annual growth rate (CAGR), from 39.6% to 50.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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