Amazon Com (AMZN) FCF Margin (2009 - 2026)

Amazon Com (AMZN) posted quarterly FCF Margin of 7.06% for Q2 2026, down 469.0% year-over-year from 1.91% in Q2 2025, and up 29.44% on a QoQ basis from 10.01% in Q1 2026.

Amazon Com (AMZN) FCF Margin (2009 - 2026) Analysis & Trends

Amazon Com has reported FCF Margin for 18 years, with the latest figure at 7.06% in Q2 2026.

  • FCF Margin for Q2 2026 came in at 7.06%, down 469.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 3.77% (down 372.0% YoY), and the FY2025 annual result was 1.07%, down 408.0% from the prior year.
  • FCF Margin improved to 7.06% in Q2 2026, from 10.01% in the prior quarter.
  • Over five years, FCF Margin peaked at 4.03% in Q2 2024 and troughed at 15.24% in Q1 2022.
  • A 5-year average of 4.02% and a median of 3.76% in 2025 frame the typical range for FCF Margin.
  • The widest annual swing landed in 2022, when FCF Margin slumped 798 bps; it then surged 1023 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 8.08% in 2022, then jumped by 113 bps to 1.07% in 2023, then surged by 212 bps to 3.35% in 2024, then tumbled by 143 bps to 1.44% in 2025, then tumbled by 391 bps to 7.06% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 7.06% in Q2 2026, 10.01% in Q1 2026, and 1.44% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Amazon Com 2,942.95 Bn 2,819.97 Bn 198.88 Bn -7.06%
2 PDD Holdings 508.05 Bn 448.51 Bn 9.83 Bn 19.47%
3 Mercadolibre 97.02 Bn 81.83 Bn 4.16 Bn 31.67%
4 DoorDash 93.69 Bn 88.35 Bn 2.35 Bn 18.03%
5 JD.com 87.61 Bn 58.43 Bn 7.66 Bn 0.67%
6 Sea 78.10 Bn 69.58 Bn 3.15 Bn 14.91%
7 Ebay 47.48 Bn 44.17 Bn 2.30 Bn 10.40%
8 Coupang 29.69 Bn 23.58 Bn 2.49 Bn 0.56%
9 Zkh 15.94 Bn 15.94 Bn 51.11 Mn -
10 Wayfair 13.68 Bn 12.54 Bn 1.05 Bn 9.49%

Historic Data

Download Data
DateValue
Jun 30, 2026 -7.06%
Mar 31, 2026 12.24%
Sep 30, 2025 -1.44%
Jun 30, 2025 -2.37%
Mar 31, 2025 -5.14%
Sep 30, 2024 13.32%
Jun 30, 2024 4.03%
Mar 31, 2024 2.84%
Sep 30, 2023 8.16%
Jun 30, 2023 5.71%
Mar 31, 2023 1.24%
Sep 30, 2022 -8.08%
Jun 30, 2022 -9.13%
Mar 31, 2022 -15.24%
Sep 30, 2021 -5.38%
Jun 30, 2021 -4.26%
Mar 31, 2021 -7.25%
Sep 30, 2020 3.96%
Jun 30, 2020 5.73%
Mar 31, 2020 -4.94%