Amazon Com (AMZN) Gross Margin (2009 - 2026)
Amazon Com recorded quarterly Gross Margin of 94.32% in Q1 2026, up 0.86% quarter-over-quarter from 93.51% in Q3 2025, and up 4377.0% year-over-year from 2.11% in Q1 2025.
Amazon Com's Gross Margin history runs 18 years deep, the most recent figure standing at 94.32% for Q1 2026.
- In Q1 2026, Gross Margin rose 4377.0% year-over-year to 94.32%; the TTM figure through Mar 2026 stood at 73.76% (up 194.0% YoY), while the FY2025 annual figure was 50.29%, down 4283.0% from the prior year.
- Gross Margin came in at 94.32% for Q1 2026 at Amazon Com, up from 93.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 94.32% in Q1 2026 to a low of 42.89% in Q1 2022.
- A 5-year average of 72.03% and a median of 91.68% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 5139 bps in 2022 and jumped 4791 bps in 2023, its largest moves.
- Amazon Com's Gross Margin stood at 44.71% in 2022, then soared by 107 bps to 92.63% in 2023, then climbed by 1 bps to 93.32% in 2024, then gained by 0 bps to 93.51% in 2025, then rose by 1 bps to 94.32% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 94.32%, 93.51%, and 51.81% for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 94.32% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | 34.51% |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 43.66% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 50.64% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 74.04% |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | 27.01% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 72.42% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | 30.02% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 29.40% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 72.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.32% |
| Sep 30, 2025 | 93.51% |
| Jun 30, 2025 | 51.81% |
| Mar 31, 2025 | 50.55% |
| Sep 30, 2024 | 93.32% |
| Jun 30, 2024 | 92.90% |
| Mar 31, 2024 | 49.32% |
| Sep 30, 2023 | 92.63% |
| Jun 30, 2023 | 92.00% |
| Mar 31, 2023 | 46.77% |
| Sep 30, 2022 | 44.71% |
| Jun 30, 2022 | 91.68% |
| Mar 31, 2022 | 42.89% |
| Sep 30, 2021 | 43.21% |
| Jun 30, 2021 | 93.35% |
| Mar 31, 2021 | 94.28% |
| Sep 30, 2020 | 94.35% |
| Jun 30, 2020 | 95.11% |
| Mar 31, 2020 | 41.34% |
| Sep 30, 2019 | 40.98% |
| Jun 30, 2019 | 93.23% |
| Mar 31, 2019 | 93.86% |
| Sep 30, 2018 | 99.88% |
| Jun 30, 2018 | 42.08% |
| Mar 31, 2018 | 99.88% |
| Sep 30, 2017 | 99.90% |
| Jun 30, 2017 | 94.13% |
| Mar 31, 2017 | 94.62% |
| Sep 30, 2016 | 35.01% |
| Jun 30, 2016 | 94.92% |
| Mar 31, 2016 | 99.85% |
| Sep 30, 2015 | 33.93% |
| Jun 30, 2015 | 95.04% |
| Mar 31, 2015 | 99.81% |
| Sep 30, 2014 | 95.17% |
| Jun 30, 2014 | 99.86% |
| Mar 31, 2014 | 99.82% |
| Sep 30, 2013 | 27.65% |
| Jun 30, 2013 | 28.62% |
| Mar 31, 2013 | 96.07% |
| Sep 30, 2012 | 99.69% |
| Jun 30, 2012 | 99.75% |
| Mar 31, 2012 | 96.36% |
| Sep 30, 2011 | 39.70% |
| Jun 30, 2011 | 97.34% |
| Mar 31, 2011 | 99.75% |
| Sep 30, 2010 | 99.66% |
| Jun 30, 2010 | 24.51% |
| Mar 31, 2010 | 99.64% |
| Sep 30, 2009 | 23.36% |
| Jun 30, 2009 | 24.36% |
| Mar 31, 2009 | 97.38% |