What is Amazon's operating income?

Amazon (AMZN) reported operating income of $23.85B in Q1 2026.

How has Amazon's operating income changed year-over-year?

Amazon's operating income increased by 29.6% year-over-year, from $18.41B to $23.85B.

What is the long-term trend for Amazon's operating income?

Over 4 years (2021 to 2025), Amazon's operating income has grown at a 33.9% compound annual growth rate (CAGR), from $24.88B to $79.98B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Amazon AMZN Operating Income

Operating Income at other companies

Walmart WMT

$7.49B+5.0%

AppleAAPL

$35.89B+21.3%

MicrosoftMSFT

$38.4B+20.0%

Costco WholesaleCOST

$2.82B+11.3%

eBayEBAY

$611M0.0%

NetflixNFLX

$3.96B+18.2%

Segments

By segment

See full

AWS$14.16B+22.6%

North America$8.27B+41.5%

International$1.42B+40.0%

Other financials

Income statement

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Revenue$181.52B+16.6%

Gross profit$94.1B+19.5%

Net income$30.3B+76.7%

EPS (diluted)$2.78+74.8%

Balance sheet

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Cash & equivalents$101.82B+53.8%

Total debt$232.71B+52.2%

Total equity$441.91B+44.5%

Total assets$916.63B+42.5%

Cash flow

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Operating cash flow$26.0B+53.0%

CapEx$44.2B+76.7%

Free cash flow-$18.2B-127%

Valuation

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Market cap$2.44T+9.7%

Enterprise value$2.57T+11.2%

P/E30.9×-2.9×

P/S3.3×-0.1×

Profitability

See full

Gross margin50.6%+1.4pp

Operating margin11.5%+0.5pp

Net margin10.6%+0.5pp

FCF margin1.4%-1.8pp

Returns & leverage

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Return on equity21.1%-4.1pp

Debt / equity0.5×0.0×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Amazon in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Amazon’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amazon's operating income?: Amazon (AMZN) reported operating income of $23.85B in Q1 2026.
How has Amazon's operating income changed year-over-year?: Amazon's operating income increased by 29.6% year-over-year, from $18.41B to $23.85B.
What is the long-term trend for Amazon's operating income?: Over 4 years (2021 to 2025), Amazon's operating income has grown at a 33.9% compound annual growth rate (CAGR), from $24.88B to $79.98B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.