Amazon Com annual operating margin
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Amazon Com Operating Margin Growth & History (AMZN)
Amazon Com's operating margin was 11.16% for fiscal 2025.
View full Amazon Com company overviewAmazon Com annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.16% | +0.40 pp |
| 2024 | 2024-12-31 | 10.75% | +4.34 pp |
| 2023 | 2023-12-31 | 6.41% | +4.03 pp |
| 2022 | 2022-12-31 | 2.38% | −2.91 pp |
| 2021 | 2021-12-31 | 5.30% | −0.64 pp |
| 2020 | 2020-12-31 | 5.93% | +0.75 pp |
| 2019 | 2019-12-31 | 5.18% | −0.15 pp |
| 2018 | 2018-12-31 | 5.33% | +3.03 pp |
| 2017 | 2017-12-31 | 2.31% | −0.77 pp |
| 2016 | 2016-12-31 | 3.08% | +0.99 pp |
| 2015 | 2015-12-31 | 2.09% | +1.89 pp |
| 2014 | 2014-12-31 | 0.20% | −0.80 pp |
| 2013 | 2013-12-31 | 1.00% | −0.11 pp |
| 2012 | 2012-12-31 | 1.11% | −0.69 pp |
| 2011 | 2011-12-31 | 1.79% | −2.32 pp |
| 2010 | 2010-12-31 | 4.11% | −0.50 pp |
| 2009 | 2009-12-31 | 4.61% | +0.21 pp |
| 2008 | 2008-12-31 | 4.39% | −0.02 pp |
| 2007 | 2007-12-31 | 4.42% | — |
Amazon Com quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.69% | +2.26 pp |
| Q1 2026 | 2026-03-31 | 13.14% | +1.32 pp |
| Q4 2025 | 2025-12-31 | 11.71% | +0.41 pp |
| Q3 2025 | 2025-09-30 | 9.67% | −1.29 pp |
| Q2 2025 | 2025-06-30 | 11.43% | +1.52 pp |
| Q1 2025 | 2025-03-31 | 11.82% | +1.14 pp |
| Q4 2024 | 2024-12-31 | 11.29% | +3.52 pp |
| Q3 2024 | 2024-09-30 | 10.96% | +3.14 pp |
| Q2 2024 | 2024-06-30 | 9.92% | +4.20 pp |
| Q1 2024 | 2024-03-31 | 10.68% | +6.93 pp |
| Q4 2023 | 2023-12-31 | 7.77% | +5.94 pp |
| Q3 2023 | 2023-09-30 | 7.82% | +5.83 pp |
| Q2 2023 | 2023-06-30 | 5.72% | +2.98 pp |
| Q1 2023 | 2023-03-31 | 3.75% | +0.60 pp |
| Q4 2022 | 2022-12-31 | 1.83% | −0.68 pp |
| Q3 2022 | 2022-09-30 | 1.99% | −2.39 pp |
| Q2 2022 | 2022-06-30 | 2.74% | −4.08 pp |
| Q1 2022 | 2022-03-31 | 3.15% | −5.02 pp |
| Q4 2021 | 2021-12-31 | 2.52% | −2.96 pp |
| Q3 2021 | 2021-09-30 | 4.38% | −2.06 pp |
| Q2 2021 | 2021-06-30 | 6.81% | +0.24 pp |
| Q1 2021 | 2021-03-31 | 8.17% | +2.88 pp |
| Q4 2020 | 2020-12-31 | 5.47% | +1.04 pp |
| Q3 2020 | 2020-09-30 | 6.44% | +1.93 pp |
| Q2 2020 | 2020-06-30 | 6.57% | +1.71 pp |
| Q1 2020 | 2020-03-31 | 5.29% | −2.12 pp |
| Q4 2019 | 2019-12-31 | 4.44% | −0.79 pp |
| Q3 2019 | 2019-09-30 | 4.51% | −2.07 pp |
| Q2 2019 | 2019-06-30 | 4.86% | −0.78 pp |
| Q1 2019 | 2019-03-31 | 7.40% | +3.63 pp |
| Q4 2018 | 2018-12-31 | 5.23% | +1.72 pp |
| Q3 2018 | 2018-09-30 | 6.58% | +5.79 pp |
| Q2 2018 | 2018-06-30 | 5.64% | +3.99 pp |
| Q1 2018 | 2018-03-31 | 3.78% | +0.96 pp |
| Q4 2017 | 2017-12-31 | 3.52% | +0.65 pp |
| Q3 2017 | 2017-09-30 | 0.79% | −0.96 pp |
| Q2 2017 | 2017-06-30 | 1.65% | −2.57 pp |
| Q1 2017 | 2017-03-31 | 2.81% | −0.86 pp |
| Q4 2016 | 2016-12-31 | 2.87% | −0.23 pp |
| Q3 2016 | 2016-09-30 | 1.76% | +0.16 pp |
| Q2 2016 | 2016-06-30 | 4.23% | +2.23 pp |
| Q1 2016 | 2016-03-31 | 3.68% | +2.55 pp |
| Q4 2015 | 2015-12-31 | 3.10% | +1.08 pp |
| Q3 2015 | 2015-09-30 | 1.60% | +4.24 pp |
| Q2 2015 | 2015-06-30 | 2.00% | +2.08 pp |
| Q1 2015 | 2015-03-31 | 1.12% | +0.38 pp |
| Q4 2014 | 2014-12-31 | 2.02% | +0.02 pp |
| Q3 2014 | 2014-09-30 | −2.64% | −2.50 pp |
| Q2 2014 | 2014-06-30 | −0.08% | −0.58 pp |
| Q1 2014 | 2014-03-31 | 0.74% | −0.39 pp |
| Q4 2013 | 2013-12-31 | 1.99% | +0.09 pp |
| Q3 2013 | 2013-09-30 | −0.15% | +0.06 pp |
| Q2 2013 | 2013-06-30 | 0.50% | −0.33 pp |
| Q1 2013 | 2013-03-31 | 1.13% | −0.33 pp |
| Q4 2012 | 2012-12-31 | 1.90% | +0.41 pp |
| Q3 2012 | 2012-09-30 | −0.20% | −0.93 pp |
| Q2 2012 | 2012-06-30 | 0.83% | −1.19 pp |
| Q1 2012 | 2012-03-31 | 1.46% | −1.81 pp |
| Q4 2011 | 2011-12-31 | 1.49% | −2.17 pp |
| Q3 2011 | 2011-09-30 | 0.73% | −2.82 pp |
| Q2 2011 | 2011-06-30 | 2.03% | −2.08 pp |
| Q1 2011 | 2011-03-31 | 3.27% | −2.26 pp |
| Q4 2010 | 2010-12-31 | 3.66% | −1.33 pp |
| Q3 2010 | 2010-09-30 | 3.54% | −1.06 pp |
| Q2 2010 | 2010-06-30 | 4.11% | +0.69 pp |
| Q1 2010 | 2010-03-31 | 5.53% | +0.53 pp |
| Q4 2009 | 2009-12-31 | 4.99% | +1.38 pp |
| Q3 2009 | 2009-09-30 | 4.61% | −0.73 pp |
| Q2 2009 | 2009-06-30 | 3.42% | — |
| Q1 2009 | 2009-03-31 | 4.99% | — |
| Q3 2008 | 2008-09-30 | 3.61% | — |
| Q2 2008 | 2008-06-30 | 5.34% | — |
Amazon Com operating margin trends
Over the last five reported fiscal years, Amazon Com's operating margin increased from 5.93% to 11.16%, a change of +5.22 percentage points. The latest reported quarter, Q2 2026, shows 13.69%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 filings at SEC.gov ↗