What is Amazon's PP&E (net)?

Amazon (AMZN) reported PP&E (net) of $397.46B in Q1 2026.

How has Amazon's PP&E (net) changed year-over-year?

Amazon's PP&E (net) increased by 45.7% year-over-year, from $272.78B to $397.46B.

What is the long-term trend for Amazon's PP&E (net)?

Over 5 years (2020 to 2025), Amazon's PP&E (net) has grown at a 25.8% compound annual growth rate (CAGR), from $113.11B to $357.03B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Amazon AMZN PP&E (Net)

PP&E (Net) at other companies

TargetTGT

$34.18B+3.0%

Walmart WMT

$137.79B+13.6%

AppleAAPL

$50.12B+6.9%

MicrosoftMSFT

$283.23B+54.0%

Costco WholesaleCOST

$34.29B+12.1%

eBayEBAY

$1.2B-7.3%

Segments

By segment

See full

AWS$223.06B+70.4%

North America$129.24B+26.3%

International$30.9B+18.1%

By geography

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Rest of world$121.2B+39.0%

Other financials

Income statement

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Revenue$181.52B+16.6%

Gross profit$94.1B+19.5%

Operating income$23.9B+29.6%

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$2.51T+1.9%

Enterprise value$2.64T+3.2%

P/E31.8×-3.1×

P/S3.4×-0.3×

Profitability

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Gross margin50.6%+1.4pp

Operating margin11.5%+0.5pp

Net margin10.6%+0.5pp

FCF margin1.4%-1.8pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 PP&E (net)?: Amazon (AMZN) reported PP&E (net) of $397.46B in Q1 2026.
How has Amazon's PP&E (net) changed year-over-year?: Amazon's PP&E (net) increased by 45.7% year-over-year, from $272.78B to $397.46B.
What is the long-term trend for Amazon's PP&E (net)?: Over 5 years (2020 to 2025), Amazon's PP&E (net) has grown at a 25.8% compound annual growth rate (CAGR), from $113.11B to $357.03B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.