Amazon Com (AMZN) Net Margin (2009 - 2026)
Amazon Com's (AMZN) quarterly Net Margin came in at 16.68% in Q1 2026, up 571.0% year-on-year from 2.49% in Q1 2025, and up 41.34% quarter-over-quarter from 11.8% in Q3 2025.
Amazon Com (AMZN) Net Margin (2009 - 2026) Analysis & Trends
Amazon Com has disclosed Net Margin across 18 years of filings, most recently posting 16.68% for Q1 2026.
- Net Margin for Q1 2026 came in at 16.68%, up 571.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.18% (up 260.0% YoY), and the FY2025 annual result was 10.91%, up 161.0% from the prior year.
- Net Margin came in at 16.68% for Q1 2026 at Amazon Com, up from 11.8% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 16.68% in Q1 2026 to a low of 3.3% in Q1 2022.
- The 5-year median for Net Margin is 7.31% (2024), against an average of 6.78%.
- Across the five-year window, Net Margin plunged 1078 bps in 2022 and soared 669 bps in 2023, its largest moves.
- Amazon Com's Net Margin stood at 2.26% in 2022, then soared by 205 bps to 6.91% in 2023, then surged by 40 bps to 9.65% in 2024, then grew by 22 bps to 11.8% in 2025, then jumped by 41 bps to 16.68% in 2026.
- The last three Net Margin figures came in at 16.68% (Q1 2026), 11.8% (Q3 2025), and 10.84% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 16.68% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 4.71% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.53% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 19.81% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | - |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -3.13% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -0.43% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -3.58% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 14.13% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 2.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.68% |
| Sep 30, 2025 | 11.80% |
| Jun 30, 2025 | 10.84% |
| Mar 31, 2025 | 10.97% |
| Sep 30, 2024 | 9.65% |
| Jun 30, 2024 | 9.11% |
| Mar 31, 2024 | 7.31% |
| Sep 30, 2023 | 6.91% |
| Jun 30, 2023 | 5.03% |
| Mar 31, 2023 | 2.49% |
| Sep 30, 2022 | 2.26% |
| Jun 30, 2022 | -1.66% |
| Mar 31, 2022 | -3.30% |
| Sep 30, 2021 | 2.85% |
| Jun 30, 2021 | 6.87% |
| Mar 31, 2021 | 7.48% |
| Dec 31, 2020 | 5.73% |
| Sep 30, 2020 | 6.49% |
| Jun 30, 2020 | 5.89% |
| Mar 31, 2020 | 3.50% |