Amazon Com annual gross margin
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2025
Amazon Com Gross Margin Growth & History (AMZN)
Amazon Com's gross margin was 50.29% for fiscal 2025.
View full Amazon Com company overviewAmazon Com annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 50.29% | +1.43 pp |
| 2024 | 2024-12-31 | 48.85% | +1.87 pp |
| 2023 | 2023-12-31 | 46.98% | +3.18 pp |
| 2022 | 2022-12-31 | 43.81% | +1.77 pp |
| 2021 | 2021-12-31 | 42.03% | +2.46 pp |
| 2020 | 2020-12-31 | 39.57% | −1.42 pp |
| 2019 | 2019-12-31 | 40.99% | +0.74 pp |
| 2018 | 2018-12-31 | 40.25% | +3.18 pp |
| 2017 | 2017-12-31 | 37.07% | +1.98 pp |
| 2016 | 2016-12-31 | 35.09% | +2.05 pp |
| 2015 | 2015-12-31 | 33.04% | +3.56 pp |
| 2014 | 2014-12-31 | 29.48% | +2.26 pp |
| 2013 | 2013-12-31 | 27.23% | +2.47 pp |
| 2012 | 2012-12-31 | 24.75% | +2.31 pp |
| 2011 | 2011-12-31 | 22.44% | +0.10 pp |
| 2010 | 2010-12-31 | 22.35% | −0.22 pp |
| 2009 | 2009-12-31 | 22.57% | +0.29 pp |
| 2008 | 2008-12-31 | 22.28% | −0.32 pp |
| 2007 | 2007-12-31 | 22.60% | — |
Amazon Com quarterly gross margin
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Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 52.26% | +0.44 pp |
| Q1 2026 | 2026-03-31 | 51.82% | +1.27 pp |
| Q4 2025 | 2025-12-31 | 48.47% | +1.13 pp |
| Q3 2025 | 2025-09-30 | 50.79% | +1.75 pp |
| Q2 2025 | 2025-06-30 | 51.81% | +1.68 pp |
| Q1 2025 | 2025-03-31 | 50.55% | +1.23 pp |
| Q4 2024 | 2024-12-31 | 47.34% | +1.79 pp |
| Q3 2024 | 2024-09-30 | 49.03% | +1.46 pp |
| Q2 2024 | 2024-06-30 | 50.14% | +1.76 pp |
| Q1 2024 | 2024-03-31 | 49.32% | +2.55 pp |
| Q4 2023 | 2023-12-31 | 45.54% | +2.94 pp |
| Q3 2023 | 2023-09-30 | 47.57% | +2.85 pp |
| Q2 2023 | 2023-06-30 | 48.38% | +3.17 pp |
| Q1 2023 | 2023-03-31 | 46.77% | +3.88 pp |
| Q4 2022 | 2022-12-31 | 42.60% | +2.88 pp |
| Q3 2022 | 2022-09-30 | 44.71% | +1.50 pp |
| Q2 2022 | 2022-06-30 | 45.21% | +1.96 pp |
| Q1 2022 | 2022-03-31 | 42.89% | +0.40 pp |
| Q4 2021 | 2021-12-31 | 39.72% | +2.86 pp |
| Q3 2021 | 2021-09-30 | 43.21% | +2.61 pp |
| Q2 2021 | 2021-06-30 | 43.25% | +2.47 pp |
| Q1 2021 | 2021-03-31 | 42.50% | +1.15 pp |
| Q4 2020 | 2020-12-31 | 36.85% | −1.41 pp |
| Q3 2020 | 2020-09-30 | 40.60% | −0.38 pp |
| Q2 2020 | 2020-06-30 | 40.77% | −1.92 pp |
| Q1 2020 | 2020-03-31 | 41.34% | −1.84 pp |
| Q4 2019 | 2019-12-31 | 38.27% | +0.14 pp |
| Q3 2019 | 2019-09-30 | 40.98% | −0.68 pp |
| Q2 2019 | 2019-06-30 | 42.69% | +0.61 pp |
| Q1 2019 | 2019-03-31 | 43.18% | +3.40 pp |
| Q4 2018 | 2018-12-31 | 38.13% | +1.80 pp |
| Q3 2018 | 2018-09-30 | 41.67% | +4.64 pp |
| Q2 2018 | 2018-06-30 | 42.08% | +3.87 pp |
| Q1 2018 | 2018-03-31 | 39.78% | +2.62 pp |
| Q4 2017 | 2017-12-31 | 36.32% | +2.53 pp |
| Q3 2017 | 2017-09-30 | 37.02% | +2.01 pp |
| Q2 2017 | 2017-06-30 | 38.21% | +1.30 pp |
| Q1 2017 | 2017-03-31 | 37.17% | +1.94 pp |
| Q4 2016 | 2016-12-31 | 33.79% | +1.89 pp |
| Q3 2016 | 2016-09-30 | 35.01% | +1.09 pp |
| Q2 2016 | 2016-06-30 | 36.92% | +2.30 pp |
| Q1 2016 | 2016-03-31 | 35.23% | +3.00 pp |
| Q4 2015 | 2015-12-31 | 31.90% | +2.39 pp |
| Q3 2015 | 2015-09-30 | 33.93% | +5.00 pp |
| Q2 2015 | 2015-06-30 | 34.61% | +3.89 pp |
| Q1 2015 | 2015-03-31 | 32.23% | +3.43 pp |
| Q4 2014 | 2014-12-31 | 29.52% | +3.02 pp |
| Q3 2014 | 2014-09-30 | 28.92% | +1.27 pp |
| Q2 2014 | 2014-06-30 | 30.72% | +2.10 pp |
| Q1 2014 | 2014-03-31 | 28.80% | +2.24 pp |
| Q4 2013 | 2013-12-31 | 26.50% | +2.38 pp |
| Q3 2013 | 2013-09-30 | 27.65% | +2.39 pp |
| Q2 2013 | 2013-06-30 | 28.62% | +2.55 pp |
| Q1 2013 | 2013-03-31 | 26.57% | +2.61 pp |
| Q4 2012 | 2012-12-31 | 24.13% | +50.35 pp |
| Q3 2012 | 2012-09-30 | 25.26% | −14.44 pp |
| Q2 2012 | 2012-06-30 | 26.07% | −15.30 pp |
| Q1 2012 | 2012-03-31 | 23.95% | −18.35 pp |
| Q4 2011 | 2011-12-31 | −26.23% | −46.54 pp |
| Q3 2011 | 2011-09-30 | 39.70% | +16.23 pp |
| Q2 2011 | 2011-06-30 | 41.37% | +16.86 pp |
| Q1 2011 | 2011-03-31 | 42.30% | +19.44 pp |
| Q4 2010 | 2010-12-31 | 20.31% | −0.46 pp |
| Q3 2010 | 2010-09-30 | 23.47% | +0.10 pp |
| Q2 2010 | 2010-06-30 | 24.51% | +0.14 pp |
| Q1 2010 | 2010-03-31 | 22.86% | −0.62 pp |
| Q4 2009 | 2009-12-31 | 20.77% | — |
| Q3 2009 | 2009-09-30 | 23.36% | −0.07 pp |
| Q2 2009 | 2009-06-30 | 24.36% | +0.56 pp |
| Q1 2009 | 2009-03-31 | 23.48% | — |
| Q3 2008 | 2008-09-30 | 23.43% | — |
| Q2 2008 | 2008-06-30 | 23.80% | — |
Amazon Com gross margin trends
Over the last five fiscal years, Amazon Com's gross margin increased from 39.57% to 50.29%, a change of +10.72 percentage points. The latest reported quarter, Q2 2026, shows 52.26%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Amazon Com source filings ↗Community posts
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