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

Amazon Com's (AMZN) quarterly FCF Margin came in at 10.01% in Q1 2026, down 487.0% year-on-year from 2.59% in Q1 2025, and down 4294.39% quarter-over-quarter from 0.24% in Q3 2025.

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

Amazon Com has disclosed FCF Margin across 18 years of filings, most recently posting 10.01% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 10.01%, down 487.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.54% (down 304.0% YoY), and the FY2025 annual result was 1.07%, down 408.0% from the prior year.
  • FCF Margin came in at 10.01% for Q1 2026 at Amazon Com, down from 0.24% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 6.11% in Q3 2023 to a low of 15.24% in Q1 2022.
  • The 5-year median for FCF Margin is 0.2% (2025), against an average of 2.07%.
  • Across the five-year window, FCF Margin slumped 798 bps in 2022 and surged 1023 bps in 2024, its largest moves.
  • Amazon Com's FCF Margin stood at 3.91% in 2022, then soared by 256 bps to 6.11% in 2023, then slumped by 65 bps to 2.11% in 2024, then slumped by 89 bps to 0.24% in 2025, then slumped by 4294 bps to 10.01% in 2026.
  • The last three FCF Margin figures came in at 10.01% (Q1 2026), 0.24% (Q3 2025), and 0.2% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn -10.01%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 20.40%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 11.82%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 19.47%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 29.07%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -1.32%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -1.98%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 24.73%
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 2.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.01%
Sep 30, 2025 0.24%
Jun 30, 2025 0.20%
Mar 31, 2025 -5.14%
Sep 30, 2024 2.11%
Jun 30, 2024 5.18%
Mar 31, 2024 2.84%
Sep 30, 2023 6.11%
Jun 30, 2023 3.74%
Mar 31, 2023 -7.40%
Sep 30, 2022 -3.91%
Jun 30, 2022 -5.58%
Mar 31, 2022 -15.24%
Sep 30, 2021 -7.61%
Jun 30, 2021 -1.39%
Mar 31, 2021 -7.25%
Sep 30, 2020 0.94%
Jun 30, 2020 14.79%
Mar 31, 2020 -4.94%
Sep 30, 2019 4.57%