Amazon AMZN Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| AWS | $37.59B+5.6% | $35.58B+7.8% | $33.01B+6.9% | $30.87B+5.5% | $29.27B+1.7% | |
| International | $39.79B-21.6% | $50.72B+24.0% | $40.9B+11.2% | $36.76B+9.7% | $33.51B-22.8% | |
| North America | $104.14B-18.1% | $127.08B+19.6% | $106.27B+6.2% | $100.07B+7.7% | $92.89B-19.6% | |
| Operating Income (Loss) by Business | ||||||
| AWS | $14.16B+13.6% | $12.47B+9.0% | $11.43B+12.5% | $10.16B-12.0% | $11.55B+8.6% | |
| International | $1.42B+36.9% | $1.04B-13.3% | $1.2B-19.7% | $1.49B+46.9% | $1.02B-22.7% | |
| North America | $8.27B-27.9% | $11.47B+140% | $4.79B-36.3% | $7.52B+28.7% | $5.84B-36.9% | |
| Total Assets by Business | ||||||
| AWS | $294.12B+16.4% | $252.59B+12.9% | $223.73B+15.1% | $194.3B+8.3% | $179.39B+15.0% | |
| International | $81B-1.2% | $81.98B+3.5% | $79.22B+1.4% | $78.1B+11.2% | $70.23B+1.1% | |
| North America | $241.82B+2.6% | $235.65B+3.4% | $227.98B+1.6% | $224.3B+6.7% | $210.2B0.0% | |
| Operating expenses by Business | ||||||
| AWS | $23.43B+1.3% | $23.11B+7.1% | $21.57B+4.1% | $20.71B+16.9% | $17.72B-2.4% | |
| International | $38.37B-22.8% | $49.68B+25.2% | $39.7B+12.6% | $35.27B+8.5% | $32.5B-22.8% | |
| North America | $95.88B-17.1% | $115.61B+13.9% | $101.48B+9.6% | $92.55B+6.3% | $87.05B-18.1% | |
| PP&E (Net) by Business | ||||||
| AWS | $223.06B+17.4% | $190.06B+15.1% | $165.11B+17.4% | $140.64B+7.4% | $130.92B+18.3% | |
| International | $30.9B+0.9% | $30.63B+3.9% | $29.49B-0.6% | $29.68B+13.4% | $26.17B+2.2% | |
| North America | $129.24B+5.9% | $122.04B+5.5% | $115.66B+2.1% | $113.25B+10.7% | $102.3B-0.7% | |
| Depreciation and amortization expense by Business | ||||||
| AWS | $7.28B+10.8% | $6.57B+16.3% | $5.65B+16.6% | $4.84B+10.3% | $4.39B+13.7% | |
| International | $1.28B-2.9% | $1.32B+3.1% | $1.28B+8.1% | $1.18B+3.9% | $1.14B-4.9% | |
| North America | $4.28B+1.2% | $4.23B+5.7% | $4B+6.9% | $3.74B+6.0% | $3.53B-6.7% | |
| PP&E Additions by Business | ||||||
| AWS | $41.52B+31.0% | $31.69B+12.0% | $28.3B+76.4% | $16.04B-21.6% | $20.46B+12.2% | |
| International | $1.73B-19.3% | $2.14B+48.8% | $1.44B-43.1% | $2.53B+68.1% | $1.51B-32.2% | |
| North America | $11.13B+2.0% | $10.91B+26.3% | $8.64B-23.4% | $11.27B+121% | $5.1B-34.2% | |
| Net Sales by Product | ||||||
| Advertising services | $17.24B-19.1% | $21.32B+20.4% | $17.7B+12.8% | $15.69B+12.7% | $13.92B-19.5% | |
| Online stores | $64.25B-22.6% | $82.99B+23.1% | $67.41B+9.6% | $61.49B+7.1% | $57.41B-24.0% | |
| Other | $1.65B-3.7% | $1.71B+20.8% | $1.42B-5.6% | $1.5B+14.3% | $1.31B-17.5% | |
| Physical stores | $5.79B-1.2% | $5.86B+5.0% | $5.58B-0.3% | $5.6B+1.1% | $5.53B-0.8% | |
| Subscription services | $13.43B+2.3% | $13.12B+4.4% | $12.57B+3.0% | $12.21B+4.2% | $11.72B+1.8% | |
| Third-party seller services | $41.58B-21.3% | $52.82B+24.3% | $42.49B+5.3% | $40.35B+10.5% | $36.51B-23.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Amazon break its business down?
- Amazon (AMZN) reports net sales by business across 3 parts — AWS, International and North America. Each is extracted from the segment footnotes and tracked over time.
- Where does Amazon's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Amazon's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
