Operating Expenses

Fulfillment

Amazon Fulfillment decreased by 11.5% to $27.29B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $24.59B to $27.29B. Over 4 years (FY 2021 to FY 2025), Fulfillment shows an upward trend with a 9.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

Rising fulfillment costs as a percentage of sales can indicate logistical inefficiencies or labor cost inflation, whereas lower costs suggest automation gains.

Detailed definition

Costs associated with operating and staffing distribution centers, including the processing, packaging, and shipping of...

Peer comparison

Similar to 'Logistics and Distribution' costs at large-scale e-commerce or 3PL providers.

Metric ID: is_amzn_fulfillment_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.64B$18.50B$22.45B$20.27B$20.34B$20.58B$23.10B$20.91B$21.31B$22.31B$26.10B$22.32B$23.57B$24.66B$27.96B$24.59B$25.98B$27.68B$30.83B$27.29B
QoQ Change+4.9%+21.3%-9.7%+0.4%+1.2%+12.2%-9.5%+1.9%+4.7%+16.9%-14.5%+5.6%+4.6%+13.4%-12.0%+5.6%+6.6%+11.4%-11.5%
YoY Change+15.3%+11.3%+2.9%+3.1%+4.7%+8.4%+13.0%+6.8%+10.6%+10.5%+7.2%+10.2%+10.2%+12.2%+10.2%+11.0%
Range$17.64B$30.83B
CAGR+9.6%
Avg YoY Growth+9.2%
Median YoY Growth+10.2%

Frequently Asked Questions

What is Amazon's fulfillment?
Amazon (AMZN) reported fulfillment of $27.29B in Q1 2026.
How has Amazon's fulfillment changed year-over-year?
Amazon's fulfillment increased by 11.0% year-over-year, from $24.59B to $27.29B.
What is the long-term trend for Amazon's fulfillment?
Over 4 years (2021 to 2025), Amazon's fulfillment has grown at a 9.8% compound annual growth rate (CAGR), from $75.11B to $109.07B.
What does fulfillment mean?
The cost of storing, picking, packing, and shipping customer orders.