Amazon Com (AMZN) Gross Margin (2009 - 2026)
Amazon Com's (AMZN) quarterly Gross Margin came in at 52.05% in Q2 2026, up 84.0% year-over-year from 28.29% in Q2 2025, and little changed quarter-over-quarter from 51.82% in Q1 2026.
Amazon Com (AMZN) Gross Margin (2009 - 2026) Analysis & Trends
Amazon Com has disclosed Gross Margin across 18 years of filings, most recently posting 52.05% for Q2 2026.
- In Q2 2026, Gross Margin rose 84.0% year-over-year to 52.05%; the TTM figure through Jun 2026 stood at 51.46% (up 133.0% YoY), while the FY2025 annual figure was 50.29%, up 143.0% from the prior year.
- Gross Margin came in at 52.05% for Q2 2026 at Amazon Com, roughly flat from 51.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 52.05% in Q2 2026 to a low of 42.89% in Q1 2022.
- Average Gross Margin over 5 years is 48.46%, with a median of 49.4% recorded in 2024.
- Year-over-year, Gross Margin surged 40 bps in 2022 and surged 388 bps in 2023.
- Over 5 years, Gross Margin stood at 44.3% in 2022, then advanced by 7 bps to 47.59% in 2023, then advanced by 4 bps to 49.49% in 2024, then grew by 3 bps to 51.06% in 2025, then rose by 2 bps to 52.05% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 52.05% in Q2 2026, 51.82% in Q1 2026, and 51.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 52.05% |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 16.91% |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | 28.16% |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 29.95% |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 25.64% |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 43.84% |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | 56.61% |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | -1,154.65% |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | 43.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.05% |
| Mar 31, 2026 | 51.82% |
| Sep 30, 2025 | 51.06% |
| Jun 30, 2025 | 51.21% |
| Mar 31, 2025 | 50.55% |
| Sep 30, 2024 | 49.49% |
| Jun 30, 2024 | 49.73% |
| Mar 31, 2024 | 49.32% |
| Sep 30, 2023 | 47.59% |
| Jun 30, 2023 | 47.60% |
| Mar 31, 2023 | 46.77% |
| Sep 30, 2022 | 44.30% |
| Jun 30, 2022 | 44.07% |
| Mar 31, 2022 | 42.89% |
| Sep 30, 2021 | 42.99% |
| Jun 30, 2021 | 42.88% |
| Mar 31, 2021 | 42.50% |
| Sep 30, 2020 | 40.88% |
| Jun 30, 2020 | 41.04% |
| Mar 31, 2020 | 41.34% |
Amazon Com Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AMZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AMZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AMZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();