Amazon Com (AMZN) Net Margin (2009 - 2026)
Amazon Com (AMZN) posted quarterly Net Margin of 24.31% for Q2 2026, up 1339.0% year-over-year from 1.69% in Q2 2025, and up 45.95% on a QoQ basis from 16.66% in Q1 2026.
Amazon Com (AMZN) Net Margin (2009 - 2026) Analysis & Trends
Amazon Com has reported Net Margin for 18 years, with the latest figure at 24.31% in Q2 2026.
- Net Margin for Q2 2026 came in at 24.31%, up 1339.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 12.92% (up 541.0% YoY), and the FY2025 annual result was 10.91%, up 161.0% from the prior year.
- Net Margin rose to 24.31% in Q2 2026, from 16.66% in the prior quarter.
- Over five years, Net Margin peaked at 24.31% in Q2 2026 and troughed at 3.3% in Q1 2022.
- A 5-year average of 7.35% and a median of 7.78% in 2024 frame the typical range for Net Margin.
- The widest annual swing landed in 2022, when Net Margin plunged 1074 bps; it then soared 1339 bps in 2026.
- A 5-year view of Net Margin shows it stood at 0.82% in 2022, then surged by 699 bps to 4.88% in 2023, then surged by 79 bps to 8.74% in 2024, then advanced by 29 bps to 11.23% in 2025, then soared by 116 bps to 24.31% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 24.31% in Q2 2026, 16.66% in Q1 2026, and 11.23% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,965.03 Bn | 2,842.04 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 507.22 Bn | 447.68 Bn | 9.83 Bn | 19.81% |
| 3 | Mercadolibre | 96.32 Bn | 81.13 Bn | 4.16 Bn | 4.58% |
| 4 | DoorDash | 91.60 Bn | 86.26 Bn | 2.35 Bn | 4.47% |
| 5 | JD.com | 87.39 Bn | 58.21 Bn | 7.66 Bn | 1.62% |
| 6 | Sea | 76.05 Bn | 67.53 Bn | 3.15 Bn | 12.24% |
| 7 | Ebay | 47.42 Bn | 44.12 Bn | 2.30 Bn | -0.06% |
| 8 | Coupang | 29.48 Bn | 23.37 Bn | 2.49 Bn | -6.44% |
| 9 | Zkh | 15.80 Bn | 15.80 Bn | 51.11 Mn | 0.00% |
| 10 | Wayfair | 13.89 Bn | 12.75 Bn | 1.05 Bn | -0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.31% |
| Mar 31, 2026 | 16.68% |
| Sep 30, 2025 | 11.24% |
| Jun 30, 2025 | 10.92% |
| Mar 31, 2025 | 10.97% |
| Sep 30, 2024 | 8.74% |
| Jun 30, 2024 | 8.25% |
| Mar 31, 2024 | 7.34% |
| Sep 30, 2023 | 4.88% |
| Jun 30, 2023 | 3.78% |
| Mar 31, 2023 | 2.49% |
| Sep 30, 2022 | -0.82% |
| Jun 30, 2022 | -2.45% |
| Mar 31, 2022 | -3.32% |
| Sep 30, 2021 | 5.72% |
| Jun 30, 2021 | 7.17% |
| Mar 31, 2021 | 7.48% |
| Dec 31, 2020 | 5.73% |
| Sep 30, 2020 | 5.42% |
| Jun 30, 2020 | 4.79% |