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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,738.66 Bn | 2,615.68 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 116.88 Bn | -48,009.53 Bn | 9.45 Bn | 24.19% |
| 3 | DoorDash | 99.21 Bn | 93.86 Bn | 2.35 Bn | 4.47% |
| 4 | Mercadolibre | 98.87 Bn | 83.68 Bn | 4.16 Bn | 4.58% |
| 5 | Sea | 68.20 Bn | 59.80 Bn | 3.55 Bn | 11.53% |
| 6 | Ebay | 47.01 Bn | 43.70 Bn | 2.30 Bn | 17.55% |
| 7 | JD.com | 39.74 Bn | 7.19 Bn | 16.50 Bn | 1.85% |
| 8 | Coupang | 28.51 Bn | 22.40 Bn | 2.49 Bn | -6.44% |
| 9 | Wayfair | 12.61 Bn | 11.46 Bn | 1.05 Bn | -0.03% |
| 10 | Maplebear | 11.77 Bn | 10.92 Bn | 751.00 Mn | 10.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.31% |
| Mar 31, 2026 | 16.66% |
| Sep 30, 2025 | 11.23% |
| Jun 30, 2025 | 10.92% |
| Mar 31, 2025 | 10.97% |
| Sep 30, 2024 | 8.74% |
| Jun 30, 2024 | 8.24% |
| Mar 31, 2024 | 7.31% |
| 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 | -3.30% |
| Sep 30, 2021 | 5.72% |
| Jun 30, 2021 | 7.17% |
| Mar 31, 2021 | 7.43% |
| Dec 31, 2020 | 5.73% |
| Sep 30, 2020 | 5.42% |
| Jun 30, 2020 | 4.79% |