What are Amazon's profit margins?

Amazon (AMZN) runs a 50.6% gross margin and a 11.5% operating margin, with a 10.6% net margin.

Where do Amazon's ratios come from?

Every ratio is computed from Amazon's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Amazon AMZN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	50.6%+0.3pp	50.3%+0.2pp	50%+0.4pp	49.6%+0.4pp	49.2%+0.3pp
Operating margin	11.5%+0.3pp	11.2%+0.1pp	11%-0.3pp	11.4%+0.3pp	11%+0.3pp
Net margin	10.6%+1.4pp	9.2%-1.9pp	11.1%+0.5pp	10.5%+0.4pp	10.1%+0.9pp
Returns
Return on equity	21.1%+2.2pp	18.9%-5.4pp	24.3%-0.4pp	24.8%-0.5pp	25.2%+1.0pp
Return on invested capital	14%-1.0pp	15%-0.8pp	15.7%-1.7pp	17.4%-0.4pp	17.8%-0.8pp
Efficiency
Asset turnover	1×0.0×	1×-0.1×	1.1×0.0×	1.1×0.0×	1.1×0.0×
Liquidity
Current ratio	1.2×+0.1×	1.1×0.0×	1×0.0×	1×0.0×	1×0.0×
Leverage
Debt-to-equity	0.5×+0.1×	0.4×0.0×	0.4×0.0×	0.5×0.0×	0.5×0.0×
Net debt / EBITDA	0.9×+0.2×	0.7×0.0×	0.6×-0.1×	0.7×0.0×	0.7×+0.1×
Per Share
Book value per share	$40.64+7.0%	$37.97+11.4%	$34.08+10.3%	$30.89+9.0%	$28.34+6.2%
Valuation
Market capitalization	$2.24T-9.4%	$2.47T+5.4%	$2.34T+3.7%	$2.26T+12.0%	$2.02T-12.6%
Price / earnings	28.3×-9.1×	37.4×+6.8×	30.6×-1.4×	32×+1.4×	30.6×-8.4×
Price / sales	3×-0.4×	3.4×+0.1×	3.4×0.0×	3.4×+0.3×	3.1×-0.5×
Price / book	5.1×-0.9×	6×-0.3×	6.3×-0.4×	6.8×+0.2×	6.6×-1.5×
EV / EBITDA	16.3×-2.6×	18.9×+1.3×	17.6×+0.1×	17.5×+0.9×	16.6×-3.0×

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Questions, answered.

What are Amazon's profit margins?: Amazon (AMZN) runs a 50.6% gross margin and a 11.5% operating margin, with a 10.6% net margin.
Where do Amazon's ratios come from?: Every ratio is computed from Amazon's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.